Market Research Report
Global Cannabis Testing Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||945149|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Cannabis Testing Market 2020-2024|
|Published: June 24, 2020||Content info: 120 Pages||
Technavio has been monitoring the cannabis testing market and it is poised to grow by $ 1.03 bn during 2020-2024 progressing at a CAGR of 13% during the forecast period. Our reports on cannabis testing market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increasing use of cannabis for medical purposes, growing adoption of information management solutions, and increasing global awareness about benefits of cannabis. In addition, increasing use of cannabis for medical purposes is anticipated to boost the growth of the market as well.
The cannabis testing market analysis includes product segment and geographic landscapes
Technavio's ‘ cannabis testing market ’ is segmented as below:
By Geographic Landscape:
This study identifies the emergence of luxury cannabis products as one of the prime reasons driving the cannabis testing market growth during the next few years. Also, increased public and private sector funding in cannabis industry, and growing promotional activities will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our cannabis testing market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cannabis testing market vendors that include AB Sciex LLC, Agilent Technologies Inc., Cannalysis, CannaSafe Analytics, Digipath Inc., Merck KGaA, PerkinElmer Inc., Shimadzu Corp., Thermo Fisher Scientific Inc., and Waters Corp.. Also, the cannabis testing market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.