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The Cannabis Testing Services Market size was estimated at USD 516.81 million in 2023, USD 608.51 million in 2024, and is expected to grow at a CAGR of 17.83% to reach USD 1,630.45 million by 2030. Speak directly to the analyst to clarify any post sales queries you may have.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Cannabis Testing Services Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Cannabis Testing Services Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.Key Company Profiles
The report delves into recent significant developments in the Cannabis Testing Services Market, highlighting leading vendors and their innovative profiles. These include Agilent Technologies, Inc., Anresco Laboratories, Autoscribe Informatics, Inc., Bia Diagnostics, LLC, CATLAB, LLC, CW Analytical Laboratories, Danaher Corporation, Digipath Inc., Eurofins Scientific SE, EVIO Inc., Hamilton Company, MCR Labs, PerkinElmer, Inc., PharmLabs LLC, ProVerde Laboratories, Inc., Restek Corporation, Saskatchewan Research Council, SC Laboratories, Inc., SGS SA, Shimadzu Corporation, Steep Hill Inc. by Canbud Distribution Corporation, The Smithers Group Inc., Thermo Fisher Scientific, Inc., Trichome Analytical LLC, and Waters Corporation.Market Segmentation & Coverage
This research report categorizes the Cannabis Testing Services Market to forecast the revenues and analyze trends in each of the following sub-markets:- Type
- Heavy Metal Testing
- Microscopy Testing
- Pesticide Screening
- Potency Testing
- Residual Solvent Screening
- Terpene Profiling
- End-User
- Cannabis Cultivators or Growers
- Pharmaceutical Companies
- Research Institutes & Labs
- Region
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- New York
- Ohio
- Pennsylvania
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Vietnam
- Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom
- Americas
The report offers valuable insights on the following aspects
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
The report addresses key questions such as
- What is the market size and forecast of the Cannabis Testing Services Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Cannabis Testing Services Market?
- What are the technology trends and regulatory frameworks in the Cannabis Testing Services Market?
- What is the market share of the leading vendors in the Cannabis Testing Services Market?
- Which modes and strategic moves are suitable for entering the Cannabis Testing Services Market?
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Table of Contents
1. Preface
2. Research Methodology
4. Market Overview
5. Market Insights
6. Cannabis Testing Services Market, by Type
7. Cannabis Testing Services Market, by End-User
8. Americas Cannabis Testing Services Market
9. Asia-Pacific Cannabis Testing Services Market
10. Europe, Middle East & Africa Cannabis Testing Services Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix
List of Figures
List of Tables
Companies Mentioned
- Agilent Technologies, Inc.
- Anresco Laboratories
- Autoscribe Informatics, Inc.
- Bia Diagnostics, LLC
- CATLAB, LLC
- CW Analytical Laboratories
- Danaher Corporation
- Digipath Inc.
- Eurofins Scientific SE
- EVIO Inc.
- Hamilton Company
- MCR Labs
- PerkinElmer, Inc.
- PharmLabs LLC
- ProVerde Laboratories, Inc.
- Restek Corporation
- Saskatchewan Research Council
- SC Laboratories, Inc.
- SGS SA
- Shimadzu Corporation
- Steep Hill Inc. by Canbud Distribution Corporation
- The Smithers Group Inc.
- Thermo Fisher Scientific, Inc.
- Trichome Analytical LLC
- Waters Corporation
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 196 |
| Published | March 2024 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 608.51 Million |
| Forecasted Market Value ( USD | $ 1630.45 Million |
| Compound Annual Growth Rate | 17.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 25 |
