DUBLIN–(BUSINESS WIRE)–The “Cannabis Testing – Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.
Cannabis Testing market worldwide is projected to grow by US$1 Million, guided by a compounded growth of 11.1%.
Staying on top of trends is essential for decision makers to leverage this emerging opportunity. The report addresses this very need and provides the latest scoop on all major market segments.
Products, one of the segments analyzed and sized in this study, displays the potential to grow at over 10.2%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$1.2 Million by the year 2025, Products will bring in healthy gains adding significant momentum to global growth.
While global megatrends sweeping through the market influence the primary direction of growth, regional markets are swayed by more granular locally unique business drivers. Representing the developed world, the United States will maintain a 13.6% growth momentum.
Within Europe, which continues to remain an important element in the world economy, Germany will add over US$83.4 Thousand to the region’s size and clout in the next 5 to 6 years. Over US$95.9 Thousand worth of projected demand in the region will come from other emerging Eastern European markets.
In Japan, Products will reach a market size of US$85.5 Thousand by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 10.6% over the next couple of years and add approximately US$176.3 Thousand in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Competitors identified in this market include:
- PerkinElmer Inc. (USA)
- PharmLabs LLC. (USA)
- Restek Corporation (USA)
- SC Laboratories Inc. (USA)
- Shimadzu Corporation (Japan)
- Steep Hill Labs Inc. (USA)
- Waters Corporation (USA)
- AB Sciex LLC (USA)
- Accelerated Technology Laboratories Inc. (USA)
- Agilent Technologies Inc. (USA)
- Digipath Inc. (USA)
- Merck KGaA (Germany)
Key Topics Covered
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Global Competitor Market Shares
- Cannabis Testing Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
- Global Competitor Market Shares by Segment
- Products (Products & Software) Global Competitor Market Share Positioning for 2019 & 2025
- Software (Cannabis LIMS) (Products & Software) Market Share Breakdown of Key Players: 2019 & 2025
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
- Market Facts & Figures
- US Cannabis Testing Market Share (in %) by Company: 2019 & 2025
- Products (Products & Software) Market Share Analysis (in %) of Leading Players in the US for 2019 & 2025
- Software (Cannabis LIMS) (Products & Software) Competitor Revenue Share (in %) in the US: 2019 & 2025
- Market Facts & Figures
- European Cannabis Testing Market: Competitor Market Share Scenario (in %) for 2019 & 2025
- Products (Products & Software) Market Share (in %) by Company in Europe: 2019 & 2025
- Software (Cannabis LIMS) (Products & Software) Market Share (in %) of Major Players in Europe: 2019 &…