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CANNABIS TESTING

Global Market Trajectory & Analytics

MCP10871

VALIDATED EXECUTIVE ENGAGEMENTS

POOL + OUTREACH

1722
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

312
Interactions with Platform & by Email

PARTICIPANTS

69
Unique # Participated

VALIDATIONS

31
Responses Validated*
* Login to view program details and full enterprise executive list.

DATE

JULY 2020

TABLES

54

PAGES

130

EDITION

7

PRICE

USD $4950


GLOBAL EXECUTIVE SURVEY

Impact of Pandemic & Economic Slowdown

Monitor Market Dynamics!

Early March 2020, we reached out to senior enterprise executives who are driving strategy, business development, marketing, sales, product management, technology and operations at competitive firms worldwide. Our ongoing survey is focused on how this will this affect their business ecosystems. We invite you to participate in our survey and add to collective perspectives. Market movements are tracked for 2020, 2021 and broadly for the period of 2022 through 2025. Critical changes are monitored dynamically for the rest of this year. Updated analytics will reflect new and evolving market realities. Our first update scheduled for May 2020 and another in the Fall. Clients receive complimentary updates during 2020. If your company is a recent client for this project, we may have already reached out to your colleagues to participate in our program. If you're an active player in the space but hasn't yet subscribed to our project, we invite you to participate and share your perspectives. Please sign-up here.

Amid the COVID-19 crisis, the global market for Cannabis Testing estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2 Billion by 2027, growing at aCAGR of 9.6% over the period 2020-2027. Products, one of the segments analyzed in the report, is projected to record 8.7% CAGR and reach US$1.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software (Cannabis LIMS) segment is readjusted to a revised 11.2% CAGR for the next 7-year period.
The Cannabis Testing market in the U.S. is estimated at US$314.2 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$349.5 Million by the year 2027 trailing a CAGR of 9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.7% and 7.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 7.9% CAGR.We bring years of research experience to this 7th edition of our report. The 130-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
PerkinElmer, Inc.; PharmLabs LLC.; Restek Corporation; SC Laboratories, Inc.; Shimadzu Corporation; Steep Hill Labs, Inc; Waters Corporation; AB Sciex LLC; Accelerated Technology Laboratories, Inc.; Agilent Technologies, Inc.; Digipath Inc.; Merck KGaA
» Products & Software (Products, Software (Cannabis LIMS))
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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05
1. MARKET OVERVIEW
Cannabis Testing: An Essential Aspect of Legal Cannabis Industry
TABLE: Global Cannabis Testing Market: Percentage Breakdown of Sales by Products for 2019
Chromatography: The Most Common Type of Technology in Use for Cannabis Testing
Potency Testing Leads the Global Cannabis Testing Market
Laboratories End-Use Segment Captures the Maximum Share of Market
TABLE: Global Cannabis Testing Market: Percentage Breakdown of Sales by End-User for 2019 and 2025
US Emerges as the Largest Regional Market for Cannabis Testing
Global Competitor Market Shares
Cannabis Testing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
Cannabis Testing Labs Resort to Differentiation Strategy to Fight Competition
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
With the Number of Countries Legalizing Cannabis on the Rise, Expanding Legal Cannabis Market Drives Demand for Cannabis Testing
TABLE: Global Market for Legal Marijuana in US$ Billion for the Years 2019, 2021, 2023 and 2025
Growing Use of Cannabis for Treatment of Serious Medical Conditions Drives Demand for Cannabis Testing to Assess Product Quality
List of Countries Where Medical Marijuana is Legal
TABLE: Global Legal Medical Marijuana Market: Percentage Breakdown of Revenues by Application for 2019
Legalization of Recreational Cannabis: Growth Prospects for Cannabis Testing
Advent of Luxury Cannabis Products Fuels Need for Cannabis Testing
Increasing Use of LIMS in Cannabis Testing Labs: A Major Area of Growth
Cloud-enabled LIMS Systems Reduce Manual Workloads and Improve Lab Productivity
LIMS Systems and Software Enable Automated Cannabis Testing Processes
Managing Cannabis Testing Workflows with LIMS System
Cannabis Testing Labs Use LIMS Systems to Achieve ISO 17025 Compliance
Rising Significance of Chromatography in Cannabis Testing
Increase in Cannabis Testing Labs and Awareness Programs to Educate People in Developed Economies: A Major Growth Opportunity
List of Cannabis Testing Labs in Select Countries/US States
An Insight into Automated Cannabis Testing Market
Focus on R&D Development and Need for Cannabis Testing Labs Drives Growth
Challenges Confronting Cannabis Testing Market
Lack of Standardization for Cannabis Testing
Compliance Challenges Plague Cannabis Testing Space
High Investments to Set Up Testing Labs and High Cost of Analytical Instruments & Tests
Shortage of Trained Lab Professionals for Cannabis Testing
Innovations, Advantages & Research Studies
Improving Efficiency of Cannabis Product Testing
UBC Researchers Develop New Method to Measure Phytocannabinoids
Development of Suitable Sample Prep Techniques for Cannabis Testing Market
Gemmacert Develops Home Kit for Cannabis Testing
PRODUCT OVERVIEW
What is Cannabis?
Cannabis Testing
Cannabis Product Testing
Cannabis Drug Testing
4. GLOBAL MARKET PERSPECTIVE
Cannabis Testing Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2020-2027
Cannabis Testing Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2012-2019
Cannabis Testing Market Share Shift across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Products (Products & Software) World Market by Region/Country in US$ Thousand: 2020 to 2027
Products (Products & Software) Historic Market Analysis by Region/Country in US$ Thousand: 2012 to 2019
Products (Products & Software) Market Share Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS 2027
Software (Cannabis LIMS) (Products & Software) Potential Growth Markets Worldwide in US$ Thousand: 2020 to 2027
Software (Cannabis LIMS) (Products & Software) Historic Market Perspective by Region/Country in US$ Thousand: 2012 to 2019
Software (Cannabis LIMS) (Products & Software) Market Sales Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Cannabis Testing Market Share (in %) by Company: 2019 & 2025
Cannabis Testing Market: Poised for Growth
TABLE: Cannabis Testing Market in the US: Percentage Breakdown of Sales by Technology for 2019 and 2025
Surging Market for Legal Cannabis Drives Demand for Cannabis Testing in the US
TABLE: Legal Marijuana Market in the US: Revenues in US$ Billion for the Years 2018, 2020, 2022 and 2024
With Legalization of Cannabis, Employers and Companies in a Dilemma over Employee Testing
Continuous Increase in Failure Rates Drives Need for Cannabis Testing
Lack of Standard Rules and Regulations Presents a Challenge for Cannabis Testing Market
Weak Testing Systems and Labs Impact Market Growth
Tight Job Market Compels Companies to Not Undertake Cannabis Testing for Employees
Los Angeles Home to Growing Number of Cannabis Testing Facilities
United States Cannabis Testing Market Estimates and Projections in US$ Thousand by Products & Software: 2020 to 2027
Cannabis Testing Market in the United States by Products & Software: A Historic Review in US$ Thousand for 2012-2019
United States Cannabis Testing Market Share Breakdown by Products & Software: 2012 VS 2020 VS 2027
CANADA
Canadian Cannabis Testing Market Estimates and Forecasts in US$ Thousand by Products & Software: 2020 to 2027
Canadian Cannabis Testing Historic Market Review by Products & Software in US$ Thousand: 2012-2019
Cannabis Testing Market in Canada: Percentage Share Breakdown of Sales by Products & Software for 2012, 2020, and 2027
JAPAN
Japanese Market for Cannabis Testing: Annual Sales Estimates and Projections in US$ Thousand by Products & Software for the Period 2020-2027
Cannabis Testing Market in Japan: Historic Sales Analysis in US$ Thousand by Products & Software for the Period 2012-2019
Japanese Cannabis Testing Market Share Analysis by Products & Software: 2012 VS 2020 VS 2027
CHINA
Chinas Emerging Medicinal Cannabis Market: Testing Market to Benefit
Chinese Cannabis Testing Market Growth Prospects in US$ Thousand by Products & Software for the Period 2020-2027
Cannabis Testing Historic Market Analysis in China in US$ Thousand by Products & Software: 2012-2019
Chinese Cannabis Testing Market by Products & Software: Percentage Breakdown of Sales for 2012, 2020, and 2027
EUROPE
Market Facts & Figures
European Cannabis Testing Market: Competitor Market Share Scenario (in %) for 2019 & 2025
Booming Legal Cannabis Market Propels Demand for Cannabis Testing in Europe
TABLE: European Cannabis Market: Breakdown of Projected Market Value by Medicinal and Recreational Cannabis Segments for 2028
Potential Role in Clinical Applications to Drive Market Growth
Lack of Regulatory Standards Compels NGOs to Take Up Testing
European Cannabis Testing Market Demand Scenario in US$ Thousand by Region/Country: 2020-2027
Cannabis Testing Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2012-2019
European Cannabis Testing Market Share Shift by Region/Country: 2012 VS 2020 VS 2027
European Cannabis Testing Market Estimates and Forecasts in US$ Thousand by Products & Software: 2020-2027
Cannabis Testing Market in Europe in US$ Thousand by Products & Software: A Historic Review for the Period 2012-2019
European Cannabis Testing Market Share Breakdown by Products & Software: 2012 VS 2020 VS 2027
FRANCE
Cannabis Testing Market in France by Products & Software: Estimates and Projections in US$ Thousand for the Period 2020-2027
French Cannabis Testing Historic Market Scenario in US$ Thousand by Products & Software: 2012-2019
French Cannabis Testing Market Share Analysis by Products & Software: 2012 VS 2020 VS 2027
GERMANY
As Europes Largest Medical Cannabis Market, Germany Holds Tremendous Potential for Cannabis Testing
TABLE: German Cannabis Testing Market: Percentage Breakdown of Sales by Technology for 2019
Cannabis Testing Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Products & Software for the Period 2020-2027
German Cannabis Testing Historic Market Analysis in US$ Thousand by Products & Software: 2012-2019
German Cannabis Testing Market Share Breakdown by Products & Software: 2012 VS 2020 VS 2027
ITALY
Italian Cannabis Testing Market Growth Prospects in US$ Thousand by Products & Software for the Period 2020-2027
Cannabis Testing Historic Market Analysis in Italy in US$ Thousand by Products & Software: 2012-2019
Italian Cannabis Testing Market by Products & Software: Percentage Breakdown of Sales for 2012, 2020, and 2027
UNITED KINGDOM
United Kingdom Market for Cannabis Testing: Annual Sales Estimates and Projections in US$ Thousand by Products & Software for the Period 2020-2027
Cannabis Testing Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Products & Software for the Period 2012-2019
United Kingdom Cannabis Testing Market Share Analysis by Products & Software: 2012 VS 2020 VS 2027
REST OF EUROPE
Rest of Europe Cannabis Testing Market Estimates and Forecasts in US$ Thousand by Products & Software: 2020-2027
Cannabis Testing Market in Rest of Europe in US$ Thousand by Products & Software: A Historic Review for the Period 2012-2019
Rest of Europe Cannabis Testing Market Share Breakdown by Products & Software: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Cannabis Legalization Bodes Well for Cannabis Testing Market in Asia-Pacific
Growing Medical Cannabis Market: A Tremendous Opportunity for Cannabis Testing Market
TABLE: Legal Status of Medical Cannabis in Select Asian Countries
Cannabis Testing Market in Asia-Pacific by Products & Software: Estimates and Projections in US$ Thousand for the Period 2020-2027
Asia-Pacific Cannabis Testing Historic Market Scenario in US$ Thousand by Products & Software: 2012-2019
Asia-Pacific Cannabis Testing Market Share Analysis by Products & Software: 2012 VS 2020 VS 2027
REST OF WORLD
High Growth Potential for Medical Cannabis in Latin America to Prove Promising for Cannabis Testing Market
TABLE: Legal Cannabis Market Value in $ Billion in Latin America for the Years 2019, 2021, 2023 and 2025
Rest of World Cannabis Testing Market Estimates and Forecasts in US$ Thousand by Products & Software: 2020 to 2027
Rest of World Cannabis Testing Historic Market Review by Products & Software in US$ Thousand: 2012-2019
Cannabis Testing Market in Rest of World: Percentage Share Breakdown of Sales by Products & Software for 2012, 2020, and 2027
Total Companies Profiled : 22

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