PUBLISHER: IMARC | PRODUCT CODE: 1422962
PUBLISHER: IMARC | PRODUCT CODE: 1422962
Cannabis Testing Market Report by Product Type, Test Type, End User, and Region 2024-2032
Abstract
The global cannabis testing market size reached US$ 1,431.4 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 3,874.8 Million by 2032, exhibiting a growth rate (CAGR) of 11.35% during 2024-2032. The increasing awareness among the masses about the benefits of cannabis testing, rising number of advanced laboratories, and the growing utilization of laboratory information management system (LIMS) represent some of the key factors driving the market.
Cannabis, also known as marijuana, is obtained from the dried flowers, leaves, stems, and seeds of the Cannabis sativa or Cannabis indica plant. It comprises three major compounds, such as Tetrahydrocannabinol (THC), Cannabidiol (CBD), and cannabinol (CBN). It is widely used in hand-rolled cigarettes, water pipes, and cigars. It is also inhaled via vaporizers that pull the ingredients from the cannabis and collect their vapor in a storage unit to avoid smoking. It has psychoactive, non-intoxicating, and non-euphoric properties, which help reduce inflammation and pain. It also assists in treating various medical conditions, such as chronic pain, glaucoma, and poor appetite. Besides this, it aids in preventing nausea, migraine, seizures, and anxiety. At present, there is a rise in the demand for cannabis testing to examine the level of contaminants and impurities, such as residual solvents, mold, disease, pests, or pesticide residue, across the globe.
Cannabis Testing Market Trends:
The increasing need for cannabis testing due to the exposure of cannabis plants to heavy metals from the soil, fungus, molds, and pesticides currently represents one of the key factors supporting the market growth. In addition, various regulatory agencies are establishing maximum quantity limits on residual solvents, insecticides, microbes, and mycotoxins for testing plant samples around the world. In line with this, the growing number of advanced laboratories to conduct cannabis testing is presently offering a favorable market outlook. Besides this, the rising legalization of medical cannabis to treat various diseases is offering lucrative growth opportunities to industry investors. Moreover, the increasing awareness among the masses about the benefits of cannabis testing through conferences, symposia, and workshops is propelling the growth of the market. Apart from this, there is a rise in the utilization of laboratory information management system (LIMS) in research laboratories to collect, track, and maintain data throughout the development, bioanalytical, and manufacturing processes. This, along with the increasing cultivation of cannabis around the world, is strengthening the growth of the market. Additionally, the growing employment of spectroscopy technology in cannabis testing, such as real-time analysis, high throughput, and minimal requirements for sample preparation, is positively influencing the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global cannabis testing market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product type, test type, and end user.
Product Type Insights:
Instruments
Chromatography Instruments
Spectroscopy Instruments
Consumables
Software
The report has provided a detailed breakup and analysis of the cannabis testing market based on the product type. This includes instruments (chromatography instruments and spectroscopy instruments), consumables, and software. According to the report, instruments (chromatography instruments and spectroscopy instruments) represented the largest segment.
Test Type Insights:
Heavy Metal Testing
Microbial Analysis
Potency Testing
Residual Screening
Others
A detailed breakup and analysis of the cannabis testing market based on test type has also been provided in the report. This includes heavy metal testing, microbial analysis, potency testing, residual screening, and others. According to the report, potency testing accounted for the largest market share.
End User Insights:
Cannabis Cultivators/Growers
Cannabis Drug Manufacturers
Others
A detailed breakup and analysis of the cannabis testing market based on end user has also been provided in the report. This includes cannabis cultivators/growers, cannabis drug manufacturers, and others. According to the report, cannabis cultivators/growers accounted for the largest market share.
Regional Insights:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa. According to the report, North America was the largest market for cannabis testing. Some of factors driving the North America cannabis testing market included the growing number of cannabis testing laboratories, the rising awareness about medical cannabis, legalization of the cannabis, etc.
Competitive Landscape:
The report has also provided a comprehensive analysis of the competitive landscape in the global cannabis testing market. Detailed profiles of all major companies have also been provided. Some of the companies include AB Sciex Pte. Ltd, Accelerated Technology Laboratories Inc., Agilent Technologies Inc., Digipath Inc., Merck KGaA (Sigma Aldrich), PerkinElmer Inc., Pharmlabs LLC, Sartorius AG, SC Laboratories Inc., Shimadzu Corporation, Steep Hill Inc., Thermo Fisher Scientific Inc., Water Corporation, etc.
Key Questions Answered in This Report:
- How has the global cannabis testing market performed so far and how will it perform in the coming years?
- What are the drivers, restraints, and opportunities in the global cannabis testing market?
- What are the key regional markets?
- Which countries represent the most attractive cannabis testing markets?
- What is the breakup of the market based on the product type?
- Which is the most attractive product type in the cannabis testing market?
- What is the breakup of the market based on the test type?
- Which is the most attractive test type in the cannabis testing market?
- What is the breakup of the market based on the end user?
- Which is the most attractive end user in the cannabis testing market?
- What is the competitive structure of the global cannabis testing market?
- Who are the key players/companies in the global cannabis testing market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cannabis Testing Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Product
- 6.1 Instruments
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Chromatography instruments
- 6.1.2.2 Spectroscopy instruments
- 6.1.3 Market Forecast
- 6.2 Consumables
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Software
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
7 Market Breakup by Test Type
- 7.1 Heavy Metal Testing
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Microbial Analysis
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Potency Testing
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
- 7.4 Residual Screening
- 7.4.1 Market Trends
- 7.4.2 Market Forecast
- 7.5 Others
- 7.5.1 Market Trends
- 7.5.2 Market Forecast
8 Market Breakup by End User
- 8.1 Cannabis Cultivators/Growers
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Cannabis Drug Manufacturers
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Others
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 Drivers, Restraints, and Opportunities
- 10.1 Overview
- 10.2 Drivers
- 10.3 Restraints
- 10.4 Opportunities
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 AB Sciex Pte. Ltd
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Accelerated Technology Laboratories Inc.
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 Financials
- 14.3.3 Agilent Technologies Inc.
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.3.3 Financials
- 14.3.3.4 SWOT Analysis
- 14.3.4 Digipath Inc.
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.5 Merck KGaA (Sigma Aldrich)
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.5.4 SWOT Analysis
- 14.3.6 PerkinElmer Inc.
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.6.4 SWOT Analysis
- 14.3.7 Pharmlabs LLC
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Sartorius AG
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 Financials
- 14.3.8.4 SWOT Analysis
- 14.3.9 SC Laboratories Inc
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.10 Shimadzu Corporation
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.10.3 Financials
- 14.3.10.4 SWOT Analysis
- 14.3.11 Steep Hill Inc.
- 14.3.11.1 Company Overview
- 14.3.11.2 Product Portfolio
- 14.3.12 Thermo Fisher Scientific Inc.
- 14.3.12.1 Company Overview
- 14.3.12.2 Product Portfolio
- 14.3.12.3 Financials
- 14.3.12.4 SWOT Analysis
- 14.3.13 Water Corporation
- 14.3.13.1 Company Overview
- 14.3.13.2 Product Portfolio
- 14.3.1 AB Sciex Pte. Ltd
List of Figures
- Figure 1: Global: Cannabis Testing Market: Major Drivers and Challenges
- Figure 2: Global: Cannabis Testing Market: Sales Value (in Million US$), 2018-2023
- Figure 3: Global: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 4: Global: Cannabis Testing Market: Breakup by Product (in %), 2023
- Figure 5: Global: Cannabis Testing Market: Breakup by Test Type (in %), 2023
- Figure 6: Global: Cannabis Testing Market: Breakup by End User (in %), 2023
- Figure 7: Global: Cannabis Testing Market: Breakup by Region (in %), 2023
- Figure 8: Global: Cannabis Testing (Instruments) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 9: Global: Cannabis Testing (Instruments) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 10: Global: Cannabis Testing (Consumables) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 11: Global: Cannabis Testing (Consumables) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 12: Global: Cannabis Testing (Software) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 13: Global: Cannabis Testing (Software) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 14: Global: Cannabis Testing (Heavy Metal Testing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 15: Global: Cannabis Testing (Heavy Metal Testing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 16: Global: Cannabis Testing (Microbial Analysis) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 17: Global: Cannabis Testing (Microbial Analysis) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 18: Global: Cannabis Testing (Potency Testing) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 19: Global: Cannabis Testing (Potency Testing) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 20: Global: Cannabis Testing (Residual Screening) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 21: Global: Cannabis Testing (Residual Screening) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 22: Global: Cannabis Testing (Other Test Types) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 23: Global: Cannabis Testing (Other Test Types) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 24: Global: Cannabis Testing (Cannabis Cultivators/Growers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 25: Global: Cannabis Testing (Cannabis Cultivators/Growers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 26: Global: Cannabis Testing (Cannabis Drug Manufacturers) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 27: Global: Cannabis Testing (Cannabis Drug Manufacturers) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 28: Global: Cannabis Testing (Other End Users) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 29: Global: Cannabis Testing (Other End Users) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 30: North America: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 31: North America: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 32: United States: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 33: United States: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 34: Canada: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 35: Canada: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 36: Asia-Pacific: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 37: Asia-Pacific: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 38: China: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 39: China: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 40: Japan: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 41: Japan: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 42: India: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 43: India: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 44: South Korea: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 45: South Korea: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 46: Australia: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 47: Australia: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 48: Indonesia: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 49: Indonesia: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 50: Others: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 51: Others: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 52: Europe: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 53: Europe: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 54: Germany: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 55: Germany: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 56: France: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 57: France: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 58: United Kingdom: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 59: United Kingdom: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 60: Italy: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 61: Italy: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 62: Spain: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 63: Spain: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 64: Russia: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 65: Russia: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 66: Others: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 67: Others: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 68: Latin America: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 69: Latin America: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 70: Brazil: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 71: Brazil: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 72: Mexico: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 73: Mexico: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 74: Others: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 75: Others: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 76: Middle East and Africa: Cannabis Testing Market: Sales Value (in Million US$), 2018 & 2023
- Figure 77: Middle East and Africa: Cannabis Testing Market: Breakup by Country (in %), 2023
- Figure 78: Middle East and Africa: Cannabis Testing Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Global: Cannabis Testing Industry: Drivers, Restraints, and Opportunities
- Figure 80: Global: Cannabis Testing Industry: Value Chain Analysis
- Figure 81: Global: Cannabis Testing Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Cannabis Testing Market: Key Industry Highlights, 2023 & 2032
- Table 2: Global: Cannabis Testing Market Forecast: Breakup by Product (in Million US$), 2024-2032
- Table 3: Global: Cannabis Testing Market Forecast: Breakup by Test Type (in Million US$), 2024-2032
- Table 4: Global: Cannabis Testing Market Forecast: Breakup by End User (in Million US$), 2024-2032
- Table 5: Global: Cannabis Testing Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 6: Global: Cannabis Testing Market: Competitive Structure
- Table 7: Global: Cannabis Testing Market: Key Players
