Cannabis Testing Market Size Analysis 2024 Growth Rate, Top Regions, Key Players and Forecast to 2031

The global cannabis testing market is anticipated to grow at a considerable CAGR of around 4.9% during the forecast period (2024-2031). Cannabis has proven effective in various medical applications such as reducing nausea caused due to chemotherapy, stimulating appetite in AIDS patients, controlling muscular spasms in multiple sclerosis patients among others. Due to their health benefits, governments in various countries are legalizing the use of medical cannabis. Several regulatory bodies havestarted to place overall restrictions on residual solvents, bug sprays, contaminants, heavy metals, and mycotoxins for plant testing due to this being replaced by cannabis.

Get Free Sample link @ https://www.omrglobal.com/request-sample/cannabis-testing-market

Many government departments are conducting laboratory studies oncannabis products needed to support the growth of the industry. In December 2021, Germany legalized cannabis at the annual Hemp Parade (Hanfparade) in Berlin. Germany is the largest nation in the globe to legalize cannabis after Uruguay, Canada, Malta, and 18 states in the United States. In December 2021, Maltais the first county in Europe to legalize the recreational use of cannabis in this Whereas, in Malta public consumption of cannabis, remain illegal and punishable with a $267.76fine, also no one can consume drugs in front of children if done then it will also carry a penalty between $341.88and $569.80. Moreover, as cannabis are legalized globally, and the demand for analytical testing of cannabis is ensuring its safety before human consumption has also risen.

Full report of Cannabis Testing Market available @ https://www.omrglobal.com/industry-reports/cannabis-testing-market

Market Coverage

• Segment Covered- 

o             By-Products

o             By Test Type

o             By End-User

• Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

• Competitive Landscape- Agilent Technologies, Inc., CannaSafe, Merck KGaA, PerkinElmer Inc., Restek Corp., SC Laboratories Inc., Shimadzu Corp, and others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Cannabis Testing Market Report Segment

By-Products

• Instrument
• Consumables 
• Software 

By Test Type

• Potency Testing
• Terpene Profiling
• Heavy Metal Testing
• Pesticide Screening
• Microscopy Testing
• Residual Solvent Screening
• Others

By End-User

• Laboratories
• Cannabis Cultivators/Growers 
• Cannabis Drug Manufacturers 
• Others

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/cannabis-testing-market

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.