Published by Coherent Market Insights
Posted on September 22, 2021
Coherent Market Insights recently published an in depth study of Cannabis Testing Services Market covering interesting aspects of the market with supporting development scenarios starting from 2021-2027. The report delivers the clean elaborated structure of the Market comprising each and each business-related information of the market at a worldwide level. the entire range of data associated with the worldwide Market is obtained through various sources and this obtained bulk of the knowledge is arranged, processed, and represented by a gaggle of specialists through the appliance of various methodological techniques and analytical tools like SWOT analysis to get an entire set of trade-based study regarding the Cannabis Testing Services.
Request PDF With Detailed Analysis: https://www.coherentmarketinsights.com/insight/request-pdf/2976
This report assesses the growth rate and the market value on the basis of the key market dynamics, as well as the growth inducing factors. The complete study is based on the up-to-date industry news, growth potentials, and Market trends. It also contains an in-depth analysis of the market and competitive scenario, together with the analysis of the leading competitors.
The international cannabis testing service industry has been fragmented according to region, end-use, and service. In terms of end-use, the industry is further segmented into potency testing, forensic test, heavy plant test, forensic extractions, analytical method, terpenoid profile, solvent screening, residual solvents, and others. In other words, each region has its own test categories that include potency testing, some forensic extraction tests, or some of the others. For instance, in California, cannabis testing is a specialized service while in Alabama, testing is a part of the proficiency exam required for growing cannabis. When it comes to geographical footprint, developed regions including North America seem to be gaining significant traction in the cannabis testing services market. This is due to the fact that many states in the U.S. are legalizing the use of cannabis. Recently, in April 2021, the State of New York legalized the possession of cannabis up to 3 ounces in public for age 21 years and above.
Cannabis testing remains one of the primary subjects of investigation and R&D. Since cannabis are used for diverse applications, research and development activities has increased over the years for recreational use as well as in medicinal application. Cannabis testing is typically done to detect the presence of the plant’s active chemicals. Recently, in March 2020, Digitpath Inc. received the research and development license from Health Canada to cultivate cannabis. Similarly, in February 2021, HORIBA FRANCE SAS inaugurated its new R&D production site and flagship product LabRAM Soleil. Hence, such factors can stimulate growth of the cannabis testing services market.
Despite its various benefits, certain aspects of this service remain major hurdles in the development of the market. Currently, there is no standard testing processes present and thus it could lead to falsified reports. Besides, there are no guidelines for manufacturers that standardize the equipment or methods testing labs. Such factors can potentially inhibit growth of the cannabis testing services market.
Screening methods vary among countries; therefore, it is best to consult your local pharmacist before opting for any specific screening method. Generally, potency testing is performed with the help of a non-contact, visual-visual method where results are conclusive within 30 days of the last use. Another major application of cannabis testing service is contamination in cannabis. It is typically microbial contamination and associated with various microbes including molds. These microbes have been shown to harm humans. As a result of this, cannabis testing has become an essential service. Hence, such factors can potentially augment growth of the cannabis testing services market.
Competitive Analysis:
The key players are highly focusing on innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in optimal strategies. Few Market Key Players are SC Laboratories Inc., Eurofins Scientific, EVIO Labs, ProVerde Laboratories, Inc., Praxis laboratory, Cascadia Labs, Encore labs, SGS Canada Inc., Pharm Labs LLC, and Agricore Laboratories
Order a Copy of This Market Report With Instant USD 2000 Off @ https://www.coherentmarketinsights.com/promo/buynow/2976
Some Important TOC:
Market Overview
Global Market Landscape by Player
Players Profiles
Global Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Global Production, Consumption, Export, Import by Region (2013-2021)
Production, Revenue (Value) by Region (2013-2021)
Manufacturing Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Market Dynamics
Global Market Forecast (2021-2027)
Research Findings and Conclusion
Appendix
The following queries are answered in this comprehensive document:
1. What is the market size of the global and regional levels?
2. Which are the top countries and what is their market size?
3. Which are the growth opportunities in the coming years?
4. Which are the top players and what is their market share?
5. Which are the risk factors affecting market growth?
Thanks for reading this article, you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]
The post Cannabis Testing Services Market is Set to Surge Steadily at a CAGR of 8.5% by 2027, Global Industry Size, Growth, Share, Key Players Analysis, Regional Revenue appeared first on Gatorledger.
Coherent Market Insights recently published an in depth study of Cannabis Testing Services Market covering interesting aspects of the market with supporting development scenarios starting from 2021-2027. The report delivers the clean elaborated structure of the Market comprising each and each business-related information of the market at a worldwide level. the entire range of data associated with the worldwide Market is obtained through various sources and this obtained bulk of the knowledge is arranged, processed, and represented by a gaggle of specialists through the appliance of various methodological techniques and analytical tools like SWOT analysis to get an entire set of trade-based study regarding the Cannabis Testing Services.
Request PDF With Detailed Analysis: https://www.coherentmarketinsights.com/insight/request-pdf/2976
This report assesses the growth rate and the market value on the basis of the key market dynamics, as well as the growth inducing factors. The complete study is based on the up-to-date industry news, growth potentials, and Market trends. It also contains an in-depth analysis of the market and competitive scenario, together with the analysis of the leading competitors.
The international cannabis testing service industry has been fragmented according to region, end-use, and service. In terms of end-use, the industry is further segmented into potency testing, forensic test, heavy plant test, forensic extractions, analytical method, terpenoid profile, solvent screening, residual solvents, and others. In other words, each region has its own test categories that include potency testing, some forensic extraction tests, or some of the others. For instance, in California, cannabis testing is a specialized service while in Alabama, testing is a part of the proficiency exam required for growing cannabis. When it comes to geographical footprint, developed regions including North America seem to be gaining significant traction in the cannabis testing services market. This is due to the fact that many states in the U.S. are legalizing the use of cannabis. Recently, in April 2021, the State of New York legalized the possession of cannabis up to 3 ounces in public for age 21 years and above.
Cannabis testing remains one of the primary subjects of investigation and R&D. Since cannabis are used for diverse applications, research and development activities has increased over the years for recreational use as well as in medicinal application. Cannabis testing is typically done to detect the presence of the plant’s active chemicals. Recently, in March 2020, Digitpath Inc. received the research and development license from Health Canada to cultivate cannabis. Similarly, in February 2021, HORIBA FRANCE SAS inaugurated its new R&D production site and flagship product LabRAM Soleil. Hence, such factors can stimulate growth of the cannabis testing services market.
Despite its various benefits, certain aspects of this service remain major hurdles in the development of the market. Currently, there is no standard testing processes present and thus it could lead to falsified reports. Besides, there are no guidelines for manufacturers that standardize the equipment or methods testing labs. Such factors can potentially inhibit growth of the cannabis testing services market.
Screening methods vary among countries; therefore, it is best to consult your local pharmacist before opting for any specific screening method. Generally, potency testing is performed with the help of a non-contact, visual-visual method where results are conclusive within 30 days of the last use. Another major application of cannabis testing service is contamination in cannabis. It is typically microbial contamination and associated with various microbes including molds. These microbes have been shown to harm humans. As a result of this, cannabis testing has become an essential service. Hence, such factors can potentially augment growth of the cannabis testing services market.
Competitive Analysis:
The key players are highly focusing on innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in optimal strategies. Few Market Key Players are SC Laboratories Inc., Eurofins Scientific, EVIO Labs, ProVerde Laboratories, Inc., Praxis laboratory, Cascadia Labs, Encore labs, SGS Canada Inc., Pharm Labs LLC, and Agricore Laboratories
Order a Copy of This Market Report With Instant USD 2000 Off @ https://www.coherentmarketinsights.com/promo/buynow/2976
Some Important TOC:
Market Overview
Global Market Landscape by Player
Players Profiles
Global Production, Revenue (Value), Price Trend by Type
Market Analysis by Application
Global Production, Consumption, Export, Import by Region (2013-2021)
Production, Revenue (Value) by Region (2013-2021)
Manufacturing Analysis
Industrial Chain, Sourcing Strategy and Downstream Buyers
Market Dynamics
Global Market Forecast (2021-2027)
Research Findings and Conclusion
Appendix
The following queries are answered in this comprehensive document:
1. What is the market size of the global and regional levels?
2. Which are the top countries and what is their market size?
3. Which are the growth opportunities in the coming years?
4. Which are the top players and what is their market share?
5. Which are the risk factors affecting market growth?
Thanks for reading this article, you can also get individual chapter wise section or region wise report versions like North America, Europe or Asia.
Contact Us
Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Phone: US +12067016702 / UK +4402081334027
Email: [email protected]
The post Cannabis Testing Services Market is Set to Surge Steadily at a CAGR of 8.5% by 2027, Global Industry Size, Growth, Share, Key Players Analysis, Regional Revenue appeared first on Gatorledger.
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