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Market Research Report
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940796

Cannabis Testing Services Market Size, Share & Trends Analysis Report By Service Type, By End User, By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2020 - 2027

Published: | Grand View Research, Inc. | 100 Pages | Delivery time: 2-10 business days

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Cannabis Testing Services Market Size, Share & Trends Analysis Report By Service Type, By End User, By Region (North America, Europe, Asia Pacific, Latin America, MEA), And Segment Forecasts, 2020 - 2027
Published: May 22, 2020
Grand View Research, Inc.
Content info: 100 Pages
Delivery time: 2-10 business days
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  • Table of Contents
Description

Cannabis Testing Services Market Growth & Trends

The global cannabis testing services market size is anticipated to reach USD 3.3 billion by 2027, expanding at a CAGR of 15.4%, according to a new report by Grand View Research, Inc. The growing acceptance of cannabis as a medicinal product, stricter quality checks, and rising demand for cannabinoid profile analysis to identify major strains are the key factors driving the market growth. Furthermore, the growing competition in the market is an important factor supporting the growth over the forecast period.

Based on services type, potency testing dominated the market with a share of 21.7% in 2019. Rising cases of contamination and the need to determine the concentration of active cannabinoids present in cultivated plants are the key factors driving market growth. Moreover, the segment is anticipated to be the fastest-growing during the forecast period. The increasing usage of cannabis in drug development and research is one of the leading factors supporting market growth.

Based on end-user, cannabis cultivators/growers dominated the market in 2019. Stringent quality checks on cultivated plants in a highly regulated market are influencing the demand for testing services. However, the segment is anticipated to be the fastest-growing segment over the forecast period. Pharmaceutical giants such as GW Pharmaceuticals plc, Sanofi, and Pfizer have entered the space for developing cannabinoid-based drugs, which is anticipated to be a key factor driving the market over the forecast period.

North America dominated the market in 2019, with the market worth of USD 939.2 million. The presence of major testing laboratories and expanding marijuana and hemp cultivation in the region are the key factors driving the market in the region. On the other hand, Europe is expected to be the fastest-growing region, owing to a rising number of drug manufacturers in the region. Furthermore, many countries in the EU have banned derivatives containing more than 0.3% THC, which is further predicting a strong demand for the services

Cannabis Testing Services Market Report Highlights

Potency testing service dominated the market in 2019 with a market share of 21.7%, owing to the rise in contamination cases

The cannabis drug manufacturer segment is anticipated to be the fastest-growing end-user segment, owing to the entry of large pharmaceutical companies in the marijuana space

North America dominated the market in 2019 with market size of USD 939.2 million, owing to the presence of major laboratories in the region.

Table of Contents
Product Code: GVR-4-68038-658-5

Table of Contents

Chapter 1 Methodology and Scope

  • 1.1 Market Segmentation
  • 1.2 Research Methodology
    • 1.2.1 Information Procurement
  • 1.3 Information or Data Analysis
  • 1.4 Market Formulation & Validation
    • 1.4.1 Region Market: CAGR Calculation
  • 1.5 Region Based Segment Share Calculation
  • 1.6 List Of Secondary Sources
  • 1.7 List Of Abbreviations

Chapter 2 Executive Summary

  • 2.1 Market Snapshot, Revenue (USD Million)

Chapter 3 Market Variables, Trends & Scope

  • 3.1 Penetration & Growth Prospect Mapping
  • 3.2 Cannabis Testing Services Market Dynamics
    • 3.2.1 Market Driver Analysis
      • 3.2.1.1 Increasing cases of cannabis contamination
      • 3.2.1.2 Growing usage of cannabis as a medicinal product
      • 3.2.1.3 Entry of large pharma companies in cannabis space
    • 3.2.2 Market Restraints Analysis
      • 3.2.2.1 High initial cost of investment
      • 3.2.2.2 Dearth of well trained laboartory professionals
    • 3.2.3 Industry Challenge
  • 3.3 Cannabis Testing Services Market: Regulatory Framework
  • 3.4 Cannabis Testing Services Market Analysis Tools
    • 3.4.1 Cannabis Testing Services Market - PESTLE Analysis
    • 3.4.2 Industry Analysis - Porter's
  • 3.5 Technology Scenario

Chapter 4 Cannabis Testing Services Market: Competitive Analysis

  • 4.1 Recent Developments & Impact Analysis, By Key Market Participants
  • 4.2 Company Market Position Analysis
  • 4.3 Company Market Share Analysis, By Region
  • 4.4 Company Share Analysis, 2019
  • 4.5 List of Emerging Companies

Chapter 5 Cannabis Testing Services Market: Service Type Market Estimates & Trend Analysis

  • 5.1 Cannabis Testing Services Market: Service Type Analysis
    • 5.1.1. Potency Testing
      • 5.1.1.1 Global potency testing market, 2016 - 2027 (USD Million)
    • 5.1.2 Terpene Profiling
      • 5.1.2.1 Global terpene profiling market, 2016 - 2027 (USD Million)
      • 5.1.3.Heavy Metal Testing
      • 5.1.3.1 Global heavy metal testing market, 2016 - 2027 (USD Million)
    • 5.1.4. Pesticide Screening
      • 5.1.4.1 Global pesticide screening market, 2016 - 2027 (USD Million)
    • 5.1.5. Micoscopy Testing
      • 5.1.5.1 Global microscopy testing market, 2016 - 2027 (USD Million)
    • 5.1.6. Residual Solvent Screening
      • 5.1.6.1 Global residual solvent screening market, 2016 - 2027 (USD Million)
    • 5.1.7. Other Testing Services
      • 5.1.7.1 Global other testing service market, 2016 - 2027 (USD Million)

Chapter 6 Cannabis Testing Services Market: End-user Market Estimates & Trend Analysis

  • 6.1 Cannabis Testing Services Market: End-user Analysis
    • 6.1.1. Cannabis Drug Manufacturers
      • 6.1.1.1 Global cannabis drug manufacturers market, 2016 - 2027 (USD Million)
    • 6.1.2 Cannabis cultivators/growers
      • 6.1.2.1 Global cannabis cultivators/growers market, 2016 - 2027 (USD Million)
      • 6.1.3.Other end-user
      • 6.1.3.1 Global other end-user market, 2016 - 2027 (USD Million)

Chapter 7 Cannabis Testing Services Market: Regional Estimates & Trend Analysis

  • 7.1 Cannabis Testing Services Market: Regional Movement Analysis
  • 7.2 North America
    • 7.2.1 North America cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.2.2 U.S.
      • 7.2.2.1 U.S. cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.2.3 Canada
      • 7.2.3.1 Canada cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • 7.3 Europe
    • 7.3.1 Europe cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.2 U.K.
      • 7.3.2.1 U.K. cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.3 Germany
      • 7.3.3.1 Germany cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.4 Netherlands
      • 7.3.4.1 Netherlands cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.5 Switzerland
      • 7.3.5.1 Switzerland cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.6 Italy
      • 7.3.6.1 Italy cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.8 Poland
      • 7.3.8.1 Poland cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.9 Czech Republic
      • 7.3.9.1 Czech Republic cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.3.10 Croatia
      • 7.3.10.1 Croatia cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • 7.4 Asia Pacific
    • 7.4.1 Asia Pacific cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.4.2 China
      • 7.4.2.1 China cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.4.3 Australia
      • 7.4.3.1 Australia cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • 7.5 Latin America
    • 7.5.1 Latin America cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.5.2 Argentina
      • 7.5.2.1 Argentina cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.5.3 Mexico
      • 7.5.3.1 Mexico cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.5.4 Colombia
      • 7.5.4.1 Colombia cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.5.5 Uruguay
      • 7.5.5.1 Uruguay cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.5.6 Chile
      • 7.5.6.1 Chile cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • 7.6 MEA
    • 7.6.1 MEA cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.6.2 Israel
      • 7.6.2.1 Israel cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
    • 7.6.3 South Africa
      • 7.6.3.1 south Africa cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)

Chapter 8 Competitive Landscape

  • 8.1 COMPANY PROFILES
    • 8.1.1 Saskatchewan Research Council (SRC)
      • 8.1.1.1 Company overview
      • 8.1.1.2 Financial performance
      • 8.1.1.3 Product benchmarking
      • 8.1.1.4 Strategic initiatives
    • 8.1.2 Eurofins Scientific
      • 8.1.2.1 Company overview
      • 8.1.2.2 Financial performance
      • 8.1.2.3 Product benchmarking
      • 8.1.2.4 Strategic initiatives
    • 8.1.3 PharmLabs
      • 8.1.3.1 Company overview
      • 8.1.3.2 Financial performance
      • 8.1.3.3 Product benchmarking
      • 8.1.3.4 Strategic Initiatives
    • 8.1.4 Steep Hill, Inc.
      • 8.1.4.1 Company overview
      • 8.1.4.2 Financial performance
      • 8.1.4.3 Product benchmarking
      • 8.1.4.4 Strategic initiatives
    • 8.1.5 CW ANALYTICAL
      • 8.1.5.1 Company overview
      • 8.1.5.2 Financial performance
      • 8.1.5.3 Product benchmarking
      • 8.1.5.4 Strategic initiatives
    • 8.1.6 CW ANALYTICAL
      • 8.1.6.1 Company overview
      • 8.1.6.2 Financial performance
      • 8.1.6.3 Product benchmarking
      • 8.1.6.4 Strategic initiatives
    • 8.1.7 GreenLeaf Lab
      • 8.1.7.1 Company overview
      • 8.1.7.2 Financial performance
      • 8.1.7.3 Product benchmarking
      • 8.1.7.4 Strategic initiatives
    • 8.1.8 Praxis Laboratory
      • 8.1.8.1 Company overview
      • 8.1.8.2 Financial performance
      • 8.1.8.3 Product benchmarking
      • 8.1.8.4 Strategic initiatives
    • 8.1.9 SGS Canada Inc.
      • 8.1.9.1 Company overview
      • 8.1.9.2 Financial performance
      • 8.1.9.3 Product benchmarking
      • 8.1.9.4 Strategic initiatives

List of Tables

  • Table 1 List of secondary sources
  • Table 2 List of Abbreviation
  • Table 3 North America Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 4 North America Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 5 U.S. Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 6 U.S. Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 7 Canada Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 8 Canada Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 9 Europe Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 10 Europe Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 11 U.K. Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 12 U.K Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 13 Germany Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 14 Germany Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 15 Netherlands Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 16 Netherlands Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 17 Switzerland Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 18 Switzerland Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 19 Italy Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 20 Italy Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 21 Poland Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 22 Poland Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 23 Czech Republic Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 24 Czech Republic Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 25 Croatia Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 26 Croatia Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 27 Asia Pacific Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 28 Asia Pacific Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 29 China Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 30 China Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 31 Australia Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 32 Australia Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 32 Latin America Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 33 Latin America Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 34 Argentina Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 35 Argentina Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 36 Mexico Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 37 Mexico Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 38 Colombia Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 39 Colombia Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 40 Uruguay Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 41 Uruguay Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 42 Chile Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 43 Chile Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 44 MEA Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 45 MEA Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 46 Israel Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 47 Israel Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)
  • Table 48 South Africa Cannabis Testing Services Market Revenue, By Service Type, 2016 - 2027 (USD Million)
  • Table 49 South Africa Cannabis Testing Services Market Revenue, By End User, 2016 - 2027 (USD Million)

List of Figures

  • Fig. 1 Cannabis Testing Services Market segmentation
  • Fig. 2 Market research process
  • Fig. 3 Information procurement
  • Fig. 4 Primary research pattern
  • Fig. 5 Market research approaches
  • Fig. 6 Value chain-based sizing & forecasting
  • Fig. 7 QFD modelling for market share assessment
  • Fig. 8 Market formulation & validation
  • Fig. 9 Cannabis testing services market snapshot (USD Million), 2019
  • Fig. 10 Penetration & growth prospect mapping
  • Fig. 11 Cannabis testing services market driver impact
  • Fig. 12 Cannabis testing services market restraint impact
  • Fig. 13 Cannabis testing services market- PESTLE Analysis
  • Fig. 14 Cannabis testing services market - PORTER's Analysis
  • Fig. 15 Cannabis testing services market: Company position analysis
  • Fig. 16 Cannabis testing services market: company market ranking, by region
  • Fig. 17 Cannabis testing services market: company market ranking, by region
  • Fig. 18 Cannabis testing services market, service type outlook: Key takeaways
  • Fig. 19 Cannabis testing services market: Service type movement analysis
  • Fig. 20 Global potency testing market, 2016 - 2027 (USD Million)
  • Fig. 21 Global terpene profiling market, 2016 - 2027 (USD Million)
  • Fig. 22 Global heavy metal testing market, 2016 - 2027 (USD Million)
  • Fig. 23 Global pesticide screening market, 2016 - 2027 (USD Million)
  • Fig. 24 Global microscopy testing market, 2016 - 2027 (USD Million)
  • Fig. 25 Global residual solvent screening market, 2016 - 2027 (USD Million)
  • Fig. 26 Global other testing services market, 2016 - 2027 (USD Million)
  • Fig. 27 Cannabis testing services market, End-user outlook: Key takeaways
  • Fig. 28 Cannabis testing services market: End-user movement analysis
  • Fig. 29 Global cannabis drug manufacturers market, 2016 - 2027 (USD Million)
  • Fig. 30 Global cannabis cultivators/growers' market, 2016 - 2027 (USD Million)
  • Fig. 31 Global other services market, 2016 - 2027 (USD Million)
  • Fig. 32 Regional marketplace: Key takeaways
  • Fig. 33 Cannabis Testing Services market: Country movement analysis (USD Million)
  • Fig. 34 North America cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 35 U.S. cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 36 Canada cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 37 Europe cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 38 U.K. cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 39 Germany cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 40 Netherlands cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 41 Switzerland cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 42 Italy cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 43 Poland cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 44 Czech Republic cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 45 Croatia cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 46 Asia Pacific cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 47 China cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 48 Australia cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 49 Latin America cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 50 Argentina cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 51 Mexico cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 52 Colombia cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 53 Uruguay cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 54 Chile cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 55 MEA cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 56 Israel cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)
  • Fig. 57 South Africa cannabis testing services market estimates and forecasts, 2016 - 2027 (USD Million)