Cannabis Testing Market To Witness Widespread Expansion By 2025
Category: #healthcare  By Ronak Bora  Date: 2021-03-30
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Cannabis Testing Market To Witness Widespread Expansion By 2025

Global cannabis testing market size will be primarily driven by increasing application of cannabis, also known as marijuana, in a range of medical conditions such as chronic pain, rare and severe epilepsy and to reduce vomiting and nausea after chemotherapy. Healthcare benefits have led to growth of cannabis quality control testing and cannabis analytical testing in developed countries, escalating the number of cannabis testing labs worldwide.

Rising awareness programs such as workshops and conferences in developed as well as emerging economies to educate people and government about medical benefits of cannabis will propel the cannabis testing industry share.

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Numerous advantages of chromatography technique comprising the ease of separation and high sensitivity are expected to spur cannabis testing market expansion over the projected span.

Rising number of investments in research and development activities for exploring the medical usage of cannabis will stimulate cannabis testing industry outlook over the coming years. For instance, UJI Capital announced the donation of USD 9 million to the Massachusetts Institute of Technology and Harvard for conducting research on cannabinoids.

The potency testing segment in the cannabis testing market is slated to exhibit a remarkable CAGR of 13.9 per cent through 2025. This growth is attributed to an upsurge in the legalization of medical usage of cannabis coupled with an increase in the number of marijuana and hemp cultivators.

Liquid chromatography and gas chromatography are usually preferred for potency testing due to simplicity, speed, ease of separation and high sensitivity. Chromatography technology segment of cannabis testing industry is projected to exceed USD 1.5 billion in valuation by 2025.

The U.S. cannabis testing market accounted for a dominant market share of 61.2 per cent in 2018 and is expected to register lucrative growth over the analysis period. The country is witnessing an increase in the legalization of cannabis cultivation due to the escalating recognition of cannabis uses.

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Partial Chapter of the Table of Content

Chapter 4. Cannabis Testing Market, By Technology

4.1. Key segment trends

4.2. Chromatography

4.2.1. Market size, by region, 2014 – 2025 (USD Million)

4.2.2. Liquid chromatography

4.2.2.1. Market size, by region, 2014 – 2015 (USD Million)

4.2.3. Gas chromatography

4.2.3.1. Market size, by region, 2014 – 2015 (USD Million)

4.2.4. Others

4.2.4.1. Market size, by region, 2014 – 2015 (USD Million)

4.3. Spectroscopy

4.3.1. Market size, by region, 2014 – 2025 (USD Million)

4.3.2. Mass spectrometry

4.3.2.1. Market size, by region, 2014 – 2015 (USD Million)

4.3.3. Atomic spectroscopy

4.4. Others

4.4.1. Market size, by region, 2014 – 2025 (USD Million)

Chapter 5. Cannabis Testing Market, By Test Type

5.1. Key segment trends

5.2. Potency testing

5.2.1. Market size, by region, 2014 – 2025 (USD Million)

5.3. Pesticide screening

5.3.1. Market size, by region, 2014 – 2025 (USD Million)

5.4. Residual solvent screening

5.4.1. Market size, by region, 2014 – 2025 (USD Million)

5.5. Heavy metal testing

5.5.1. Market size, by region, 2014 – 2025 (USD Million)

5.6. Terpene testing

5.6.1. Market size, by region, 2014 – 2025 (USD Million)

5.7. Mycotoxin testing

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About Author

Ronak Bora    

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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