Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 1.43 Billion

Forecast Market Size (2029)

USD 3.50 Billion

CAGR (2024-2029)

16.40%

Fastest Growing Segment

Cannabis Drug Manufacturers

Largest Market

North America

 

Market Overview

Global Cannabis Testing Services Market was valued at USD 1.43 billion in 2023 and is anticipated to project impressive growth in the forecast period with a CAGR of 16.40% through 2029. The global cannabis testing services market is a rapidly growing industry that plays a crucial role in ensuring the safety and quality of cannabis products. This market primarily serves the cannabis industry by offering a range of analytical and testing services to ensure compliance with regulatory standards and consumer safety.

Key Market Drivers

Consumer Safety

The global cannabis industry is booming, with increasing legalization for medical and recreational use in many parts of the world. However, this rapid expansion has raised concerns about the safety and quality of cannabis products. In this context, consumer safety has emerged as a critical driver in the growth of the global cannabis testing services market.

Stringent regulatory requirements have been established in legalized regions to ensure that cannabis products meet specific safety and quality standards. Cannabis testing services play a pivotal role in helping businesses comply with these regulations. By verifying that products are free from contaminants, have accurate potency levels, and meet labeling requirements, testing services ensure that consumers have access to safe and reliable products. Regulatory compliance boosts consumer confidence and promotes trust in the industry, thereby stimulating market growth.

Cannabis products can be vulnerable to contamination by various factors, including pesticides, heavy metals, molds, and pathogens. Without adequate testing, these contaminants could pose risks to consumers, especially medical cannabis patients who may have compromised immune systems. Robust testing procedures help identify and mitigate these risks, ensuring that consumers are not exposed to potentially harmful substances. This risk mitigation is a significant selling point for both consumers and businesses, driving demand for testing services.

Accurate labeling is crucial for consumer safety. Consumers need to know precisely what they are consuming and the potency of the product. Cannabis testing services confirm that the labels on products accurately reflect their cannabinoid content, which helps consumers make informed decisions about dosage and potential effects. This accuracy in labeling is a fundamental aspect of ensuring consumer safety.

As consumers become more discerning, they place a premium on safety and quality. Brands that invest in cannabis testing services to guarantee the safety of their products stand to gain the trust of their customer base. Building consumer trust can lead to brand loyalty, with satisfied customers more likely to make repeat purchases. This not only ensures the growth of individual businesses but also contributes to the overall expansion of the cannabis testing services market.

Cannabis testing services promote transparency in the industry. By conducting tests and making results available to the public, businesses demonstrate their commitment to accountability and consumer safety. This transparency is crucial in a market that has had its share of concerns about product quality and safety, particularly in unregulated or gray-market areas. Testing services help address these concerns and drive consumer confidence.

The increasing emphasis on consumer safety is driving innovation in the cannabis testing services market. Laboratories are continually improving their testing methodologies and adopting cutting-edge technologies to meet the evolving demands of the industry. This, in turn, fosters market growth as businesses invest in the latest testing capabilities to ensure the highest levels of consumer safety.

Increasing Legalization

The global cannabis industry is undergoing a transformative shift with an increasing number of regions and countries legalizing cannabis for both medical and recreational use. This evolving legal landscape is a significant driver for the growth of the global cannabis testing services market.

As more regions legalize cannabis, they often impose stringent regulations to ensure the safety and quality of cannabis products. This has led to a surge in the need for compliance with these regulatory frameworks. Cannabis testing services are instrumental in helping businesses meet these compliance requirements. Whether it's testing for potency, contaminants, or labeling accuracy, these services ensure that cannabis products adhere to legal standards. This, in turn, boosts the growth of the cannabis testing services market.

The growth of legal cannabis markets presents a plethora of opportunities for cannabis testing service providers. Businesses in legalized regions are required to adhere to rigorous quality control and safety standards. Consequently, there's a growing demand for testing services to ensure that products meet these standards. As more states, provinces, and countries embrace cannabis legalization, the potential client base for testing services continues to expand.

The legalization of cannabis often brings public health and safety concerns to the forefront. Governments and regulatory authorities recognize the need to protect consumers from potential harm. Cannabis testing services play a critical role in addressing these concerns by verifying the safety and quality of products. This helps build trust among consumers and provides assurances that legal cannabis products are safe for consumption.

As the legal cannabis market matures, quality control and brand reputation become increasingly important. Businesses are acutely aware of the need to maintain the highest standards for their products. Cannabis testing services ensure that brands can demonstrate their commitment to quality, safety, and compliance. This not only helps protect brand reputation but can also lead to increased consumer loyalty and trust.

The growth of the legal cannabis industry has spurred scientific advancements in cannabis research and testing methodologies. This has resulted in more sophisticated and accurate testing procedures, such as high-performance liquid chromatography (HPLC) and gas chromatography-mass spectrometry (GC-MS). These technological innovations enhance the capabilities of cannabis testing services and make them more appealing to businesses seeking the most accurate and reliable testing methods.

Legalization efforts often come with educational campaigns about responsible cannabis use. As a result, consumers are becoming more informed and conscious of the importance of product safety and quality. They actively seek out products that have been tested and verified. This growing consumer awareness is a driving force behind the demand for cannabis testing services.

Product Diversification

The global cannabis industry is rapidly evolving, moving far beyond traditional cannabis flower. As it does, the need for robust testing services is becoming increasingly crucial. Product diversification, which includes a wide range of cannabis-derived products like edibles, topicals, concentrates, and more, is a powerful catalyst for the growth of the global cannabis testing services market.

Different cannabis product categories come with unique quality control requirements. For example, edibles require testing for accurate dosing, while concentrates need to be assessed for purity and potency. Topicals, on the other hand, must meet specific safety standards for use on the skin. These diverse product categories necessitate specialized testing procedures, thereby increasing the demand for cannabis testing services that can cater to these varying needs.

As the cannabis industry diversifies, consumers increasingly seek assurance of the safety and quality of the products they consume. Whether it's a cannabis-infused gummy, a vape cartridge, or a topical cream, consumers want to be certain that the product is free from contaminants and has the potency it claims. Testing services help build trust between consumers and businesses, as the products undergo rigorous evaluations to ensure safety and reliability.

Product diversification often leads to the introduction of new regulatory requirements for each product category. Governments and regulatory bodies aim to protect consumers by imposing standards and quality control measures. Cannabis testing services play a pivotal role in ensuring that businesses comply with these regulations, reducing the risk of non-compliance penalties, product recalls, and potential damage to brand reputation.

The need to test a diverse range of cannabis products has spurred innovation in testing methodologies and technologies. Laboratories have developed more sophisticated and specific testing methods to accommodate the unique attributes of different product types. This constant technological advancement is attractive to businesses seeking precise and reliable testing services and drives the growth of the testing services market.

With a widening array of cannabis products, the industry has become increasingly competitive. Businesses that offer a diverse range of high-quality products have an edge in the market. To ensure the quality and safety of these products, they turn to cannabis testing services to meet quality standards. In this context, testing services have become an essential tool for businesses looking to succeed in this competitive landscape.

Public Awareness

The global cannabis industry is experiencing a remarkable transformation, with a surge in both medical and recreational cannabis legalization. As this industry matures, public awareness about the importance of cannabis testing is growing, making it a significant driver for the expansion of the global cannabis testing services market.

Increasing public awareness about cannabis testing enables consumers to make informed decisions about the products they use. As the public becomes more knowledgeable about the potential risks associated with contaminated or mislabeled cannabis products, they actively seek out tested and certified products. This demand for safety and transparency drives businesses to engage cannabis testing services to meet the growing needs of educated consumers.

The legalization of cannabis often raises health and safety concerns among the public. These concerns are addressed through public awareness campaigns, educational initiatives, and increased media coverage. Cannabis testing services play a crucial role in mitigating these concerns by verifying the safety and quality of cannabis products. As consumers become more health-conscious and safety-aware, their demand for tested products contributes to the growth of the testing services market.

Public awareness often leads to stronger governmental and regulatory support for standardized testing in the cannabis industry. Regulators are more likely to impose stringent requirements and quality control standards when there is a strong public push for safe and reliable products. Such support further legitimizes the need for cannabis testing services, promoting the growth of the market.

Informed consumers are more likely to seek out products that have undergone rigorous testing, both for safety and potency. Businesses that invest in cannabis testing services are perceived as responsible and trustworthy by consumers. This not only enhances their brand reputation but also fosters consumer trust. As brand reputation and consumer trust are pivotal for business success, the demand for testing services increases, further contributing to the market's growth.

Public awareness often involves educational campaigns about responsible cannabis use. These initiatives aim to educate consumers about the potential risks associated with cannabis, such as the dangers of pesticides, heavy metals, and unverified potency. As consumers become more discerning and health-conscious, they actively seek out products that have been tested and verified. The growth of educational efforts directly correlates with the growth of the cannabis testing services market.

Heightened public awareness also influences the industry's drive to improve testing methodologies and technologies. Laboratories respond to the growing demand for safety assurances by developing more advanced testing techniques. These innovations not only provide more precise results but also make testing services more attractive to businesses looking to cater to safety-conscious consumers.


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Key Market Challenges

Lack of Standardization

One of the most prominent challenges is the lack of standardized testing procedures and regulations across regions and countries. Each jurisdiction may have different testing requirements and methodologies, making it difficult for testing laboratories to maintain consistency in their services. This inconsistency hampers the credibility and reliability of testing results, impacting the market's growth.

Sample Variability

Cannabis is a plant with natural variability, which can make testing more complex. Variations in factors such as the growing conditions, genetics, and post-harvest processes can lead to inconsistencies in test results. Testing labs must develop robust methods to account for this variability, which can be a technical challenge.

Complex Testing Requirements

Cannabis products have diverse testing requirements depending on the product category (e.g., flower, edibles, concentrates) and local regulations. This complexity can lead to increased operational costs, as labs must offer a wide array of testing services to meet market demand.

Key Market Trends

Terpene Profiling

Terpenes, the aromatic compounds responsible for the distinctive scents and flavors of different cannabis strains, are gaining prominence in testing. Terpene profiling provides valuable information for consumers seeking specific therapeutic or sensory experiences. As more consumers demand this data, testing services are expanding to include terpene analysis.

Cannabinoid and Terpene Ratios

Beyond individual cannabinoid and terpene profiles, consumers are increasingly interested in understanding the ratios of these compounds in products. This trend is pushing testing labs to offer more comprehensive reports, helping consumers make informed choices based on desired effects and experiences.

Hemp and CBD Testing

The growing popularity of hemp-derived products, particularly CBD (cannabidiol), is driving the need for specialized testing services. Laboratories are expanding their capabilities to meet the unique quality control requirements for hemp and CBD products, including accurate CBD potency measurements.

Segmental Insights

Service Type Insights

Based on Service Type, the potency testing services segment emerged as the market leader in 2023, holding the lion's share of revenue. This dominance can be attributed to the growing adoption of effective potency testing methodologies like Gas Chromatography (GC) and High-Performance Liquid Chromatography (HPLC) for sample analysis, along with an escalating demand to assess the potency of various cannabinoids, notably CBD (Cannabidiol) and Tetrahydrocannabinol (THC), within cultivated cannabis. Additionally, this particular segment is poised for rapid expansion, boasting a notable CAGR over the forecast period.

The increased emphasis on quality checks for cannabinoids, aimed at ensuring precise product labeling in both medical and recreational markets, as well as their export to countries with stringent regulatory frameworks, are pivotal factors projected to propel the cannabis testing services market. Furthermore, the potency testing service plays a vital role in keeping consumers well-informed about the quality of the products, further bolstering the growth prospects of this segment within the cannabis testing services market during the forecast period.

End Use Insights

Based on End Use, cannabis cultivators/growers took the lead in the market, commanding a significant share of revenue in 2023. These cultivators are increasingly forging partnerships with testing laboratories and research centers, driven by governmental restrictions on THC levels in cannabis products in various countries. Additionally, growers must cater to manufacturers and wholesalers by offering different plant varieties distinguished by their CBD and THC content, which they can sell at varying price points. These factors are the primary drivers supporting the growth of this segment.

Conversely, the cannabis drug manufacturers segment is poised to experience the most rapid CAGR during the forecast period. This surge is attributable to the growing recognition of marijuana as a medicinal substance and the increasing number of clinical trials involving cannabis conducted by major pharmaceutical companies such as Sanofi, Solvay Pharmaceuticals, and Pfizer. 


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Regional Insights

In 2023, North America secured its dominance in the market by capturing a substantial revenue share, and it is expected to continue growing significantly with an impressive CAGR throughout the forecast period. The primary drivers behind this growth in the region are the rising number of testing laboratories, a response to stringent government regulations imposed on marijuana cultivators, and the region's substantial population of cultivators.

Conversely, the Asia Pacific region is poised to register the fastest CAGR in the forecast period. A number of countries within the region have already legalized medical cannabis, and more are projected to follow suit in the coming years. This trend is expected to drive an increased demand for cannabis testing services, as both governments and businesses seek to ensure the safety and efficacy of the medical cannabis they provide. Furthermore, there's a rapid expansion in the number of cannabis testing laboratories in the region, driven by the growing demand for these services and the increased availability of funding and expertise.

Recent Developments

  • In April 2023, SC Labs significantly increased its testing capacity across five states - California, Colorado, Michigan, Oregon, and Arizona - by acquiring C4 Laboratories, a well-respected cannabis testing facility based in Arizona. C4 Laboratories, a leading laboratory in Arizona, is known for its state-of-the-art testing capabilities, its commitment to ensuring consumer safety through scientific methods, and its operational excellence. This acquisition offers SC Labs' customers seeking top-notch quality and a broader global reach substantial benefit.

Key Market Players

  • Saskatchewan Research Council/The
  • Eurofins Scientific Inc
  • PHARMLABS LLC
  • Steep Hill Labs Inc
  • CW Analytics Inc
  • Greenleaf Corp
  • Praxis Labs
  • SGS Canada Inc

 By Service Type

By End Use

By Region

  • Potency Testing
  • Terpene Profiling
  • Heavy Metal Testing
  • Pesticide Screening
  • Microscopy Testing
  • Residual Solvent Screening
  • Others
  • Cannabis Drug Manufacturers
  • Cannabis Cultivators/Growers
  • Others
  • North America
  • Europe
  • Asia-Pacific
  • South America
  • Middle East & Africa

 

Report Scope:

In this report, the Global Cannabis Testing Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Cannabis Testing Services Market, By Service Type:

o   Potency Testing

o   Terpene Profiling

o   Heavy Metal Testing

o   Pesticide Screening

o   Microscopy Testing

o   Residual Solvent Screening

o   Others

  • Cannabis Testing Services Market, By End Use:

o   Cannabis Drug Manufacturers

o   Cannabis Cultivators/Growers

o   Others

  • Cannabis Testing Services Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  Germany

§  United Kingdom

§  France

§  Italy

§  Spain

o   Asia-Pacific

§  China

§  Japan

§  India

§  Australia

§  South Korea

o   South America

§  Brazil

§  Argentina

§  Colombia

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Kuwait

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Cannabis Testing Services Market.

Available Customizations:

Global Cannabis Testing Services market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Cannabis Testing Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Service Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Cannabis Testing Services Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast

5.2.1.    By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, Others)

5.2.2.    By End Use (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, Others)

5.2.3.    By Region

5.2.4.    By Company (2023)

5.3.  Market Map

5.3.1.    By Service Type

5.3.2.    By End Use

5.3.3.    By Region

6.    North America Cannabis Testing Services Market Outlook

6.1.  Market Size & Forecast       

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, Others)

6.2.2.    By End Use (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, Others)

6.2.3.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Cannabis Testing Services Market Outlook

6.3.1.1.        Market Size & Forecast

6.3.1.1.1.           By Value

6.3.1.2.        Market Share & Forecast

6.3.1.2.1.           By Service Type

6.3.1.2.2.           By End Use

6.3.2.    Canada Cannabis Testing Services Market Outlook

6.3.2.1.        Market Size & Forecast

6.3.2.1.1.           By Value

6.3.2.2.        Market Share & Forecast

6.3.2.2.1.           By Service Type

6.3.2.2.2.           By End Use

6.3.3.    Mexico Cannabis Testing Services Market Outlook

6.3.3.1.        Market Size & Forecast

6.3.3.1.1.           By Value

6.3.3.2.        Market Share & Forecast

6.3.3.2.1.           By Service Type

6.3.3.2.2.           By End Use

7.    Europe Cannabis Testing Services Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, Others)

7.2.2.    By End Use (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, Others)

7.2.3.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Cannabis Testing Services Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.           By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.           By Service Type

7.3.1.2.2.           By End Use

7.3.2.    United Kingdom Cannabis Testing Services Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.           By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.           By Service Type

7.3.2.2.2.           By End Use

7.3.3.    France Cannabis Testing Services Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.           By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.           By Service Type

7.3.3.2.2.           By End Use

7.3.4.    Italy Cannabis Testing Services Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.           By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.           By Service Type

7.3.4.2.2.           By End Use

7.3.5.    Spain Cannabis Testing Services Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.           By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.           By Service Type

7.3.5.2.2.           By End Use

8.    Asia-Pacific Cannabis Testing Services Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, Others)

8.2.2.    By End Use (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, Others)

8.2.3.    By Country

8.3.  Asia-Pacific: Country Analysis

8.3.1.    China Cannabis Testing Services Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.           By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.           By Service Type

8.3.1.2.2.           By End Use

8.3.2.    Japan Cannabis Testing Services Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.           By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.           By Service Type

8.3.2.2.2.           By End Use

8.3.3.    India Cannabis Testing Services Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.           By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.           By Service Type

8.3.3.2.2.           By End Use

8.3.4.    Australia Cannabis Testing Services Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.           By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.           By Service Type

8.3.4.2.2.           By End Use

8.3.5.    South Korea Cannabis Testing Services Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.           By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.           By Service Type

8.3.5.2.2.           By End Use

9.    South America Cannabis Testing Services Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, Others)

9.2.2.    By End Use (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, Others)

9.2.3.    By Country

9.3.  South America: Country Analysis

9.3.1.    Brazil Cannabis Testing Services Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.           By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.           By Service Type

9.3.1.2.2.           By End Use

9.3.2.    Argentina Cannabis Testing Services Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.           By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.           By Service Type

9.3.2.2.2.           By End Use

9.3.3.    Colombia Cannabis Testing Services Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.           By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.           By Service Type

9.3.3.2.2.           By End Use

10. Middle East and Africa Cannabis Testing Services Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Service Type (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, Others)

10.2.2. By End Use (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, Others)

10.2.3. By Country

10.3.             MEA: Country Analysis

10.3.1. South Africa Cannabis Testing Services Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Service Type

10.3.1.2.2.         By End Use

10.3.2. Saudi Arabia Cannabis Testing Services Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Service Type

10.3.2.2.2.         By End Use

10.3.3. UAE Cannabis Testing Services Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Service Type

10.3.3.2.2.         By End Use

10.3.4. Kuwait Cannabis Testing Services Market Outlook

10.3.4.1.     Market Size & Forecast

10.3.4.1.1.         By Value

10.3.4.2.     Market Share & Forecast

10.3.4.2.1.         By Service Type

10.3.4.2.2.         By End Use

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Market Trends & Developments

12.1.             Recent Development

12.2.             Mergers & Acquisitions

12.3.             Product Launches

13. Porter’s Five Forces Analysis

13.1.             Competition in the Industry

13.2.             Potential of New Entrants

13.3.             Power of Suppliers

13.4.             Power of Customers

13.5.             Threat of Substitute Products

14. Competitive Landscape

14.1.  Saskatchewan Research Council/The

             14.1.1.             Business Overview

             14.1.2.             Products & Services

             14.1.3.             Recent Developments

             14.1.4.             Financials (As Reported)

             14.1.5.             Key Personnel

             14.1.6.             SWOT Analysis

14.2.  Eurofins Scientific Inc

14.3.  PHARMLABS LLC

14.4.  Steep Hill Labs Inc

14.5.  CW Analytics Inc

14.6.  Greenleaf Corp

14.7.  Praxis Labs

14.8.  SGS Canada Inc

15.  Strategic Recommendations

16. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the Global Cannabis Testing Services Market was estimated to be USD 1.43 billion in 2023.

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Saskatchewan Research Council/The, Eurofins Scientific Inc, PHARMLABS LLC, Steep Hill Labs Inc, CW Analytics Inc, Greenleaf Corp, Praxis Labs, SGS Canada Inc are some of the key players operating in the Global Cannabis Testing Services Market.

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Lack of standardization, sample variability are some of the major challenges faced by the Global Cannabis Testing Services Market in the upcoming years.

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Increasing legalization and product diversification are the major drivers for the Global Cannabis Testing Services Market.

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Sakshi Bajaal

Business Consultant
Press Release

Cannabis Testing Services Market to Grow with a CAGR of 16.40% through 2029

Feb, 2024

Product diversification and increased public awareness is expected to drive the Global Cannabis Testing Services Market growth in the forecast period, 2025-2029.