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The growing legalization of cannabis across the globe and the demand for medical marijuana in managing various neurological and mental disorders are projected to propel the growth of the market during the forecast period.
The Cannabis Testing Market is projected to grow significantly by 2032 due to increasing legalization and demand for quality assurance. Key trends include advancements in testing technology and a competitive landscape characterized by mergers and acquisitions. North America leads the market, with Europe and Asia-Pacific emerging as important regions.
The global medical cannabis market size is expected to reach USD 24.52 Billion at a steady revenue CAGR of 11.5% in 2028, according to latest analysis by Emergen Research. Increase in medical cannabis products and the rise in research activities are driving the market revenue growth. Moreover, legalization of the product in several countries is also propelling growth of the market.
Global cannabis testing market size is expected to reach $6.05 Bn by 2028 at a rate of 19.1%, segmented as by test type, potency testing, pesticide screening, residual solvent screening, heavy metal testing, terpene testing, mycotoxin testing
A newly published report by Market Statsville Group (MSG), titled Global Medical Cannabis Oil Market provides an exhaustive analysis of significant industry insights and historical and projected global market figures. MSG expects the global Medical Cannabis Oil market will showcase an impressive CAGR from 2024 to 2033.
According to MRFR analysis, the global medical cannabis market is expected to register a CAGR of ~15.4% during the forecast period of 2019 to 2025 and was valued at USD 13.6 million in 2018.
According to the Market Statsville Group (MSG), the global cannabis testing market was valued at USD 1,224.4 million in 2021 and is projected to reach USD 3,009.9 million by 2030, registering a CAGR of 11.9% from 2022 to 2030.
A report from TheBusinessResearchCompany shows that the "Global Cannabis Products Market 2019" is expected to grow to $36.2 billion at a CAGR of 29.9% through 2022. Read more at https://bit.ly/2Nq54Ow
The cannabis market is expected to reach US$ 147,457.4 million by2027 from US$ 14,383.8 million in 2019; it is estimated to grow at a CAGR of 29.1% from 2020 to 2027.
Cannabis, also known as marijuana among other names, is a psychoactive drug from the Cannabis plant used primarily for medical or recreational purposes. In the context of China-US trade war and COVID-19 epidemic, it will have a big influence on this market. Cannabis Testing Report by Material,
According to the latest research report by IMARC Group, The global legal cannabis market size reached US$ 20.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 74.5 Billion by 2028, exhibiting a growth rate (CAGR) of 23.9% during 2023-2028. More Info:- https://www.imarcgroup.com/legal-cannabis-market
The global cannabis testing market size reached US$ 1,269 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2,619 Million by 2028, exhibiting a growth rate (CAGR) of 13.00% during 2023-2028. More info: https://www.imarcgroup.com/cannabis-testing-market
The cannabis testing market was valued at US$ 1,512.06 million in 2021 and is projected to reach US$ 2,960.20 million by 2028; it is expected to grow at a CAGR of 10.1% from 2021 to 2028.
The cannabis cultivation market size was USD 322.50 Billion in 2021 and is expected to register a revenue CAGR of 21.9% during the forecast period, according to the latest analysis by Emergen Research.
The global medical cannabis market size reached US$ 31.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 57.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.47% during 2023-2028. More info: https://www.imarcgroup.com/medical-cannabis-market
A recent report published by TheBusinessResearchCompany on Cannabis Products Market provides in-depth analysis of segments and sub-segments in the global as well as regional. http://bit.ly/2NS3Nz3
The Global cannabis testing market has been valued at $809 million for the year 2016 and is estimated to generate a revenue of about $2112 million by the year 2025. At a CAGR of 11.4% in 2017-2025
A new study titled “Medical Cannabis Oil Market Size 2022”, published by Market Statsville Group (MSG), provides information on regional and global markets. MSG expects the global Medical Cannabis Oil market will showcase an impressive CAGR from 2022 to 2030.
Medical Cannabis Market is driven by increase in incidence of neurological & pain disorders, multiple sclerosis, and cancer, rise in production of cannabis due to legalization of sale of medical cannabis products in several countries.
global Cannabis market has been published by AllTheResearch (ATR). It offers detailed information on key market dynamics, including drivers, trends, and challenges for the global Cannabis market as well as its structure. The study offers valuable information on the global Cannabis market to illustrate how the market is expected to expand during the forecast period i.e. 2020–2026
The global cannabis testing market size was valued at US$ 926.3 million in 2017, and is expected to witness a CAGR of 13.2% over the forecast period (2018 – 2026).
Cannabis Extraction industry research market size, application analysis, development, regional outlook. The objectives of this study are to define, segment, and project the size of the Cannabis Extraction market based on company, product type, applications and key regions.
According to the Market Statsville Group (MSG), the global cannabis retail point of sale software (POS) is estimated to grow at a CAGR of 15.2% from 2022 to 2030. Cannabis retailers and dispensaries often uses POS solutions to sell their products, by staying in compliance with federal and state regulations using POS solutions.
According to The Insight Partners market research study of “Nucleic Acid Amplification, Detection, and Diagnostics Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Nucleic Acid, Process, Product Type, Technology, Application, End User, and Geography”, the global nucleic acid amplification, detection, and diagnostics market is expected to reach US$ 38,162.68 million by 2027 from US$ 14,014.59 million in 2019. The market is estimated to grow at a CAGR of 13.4% from 2020 to 2027. The report highlights trends prevailing in the global nucleic acid amplification, detection, and diagnostics market and the factors driving market along with those that act as hindrances.
According to The Insight Partners market research study titled “Medical Cannabis Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Product Type, Medical Application, and Compound,” the market is expected to reach US$ 49,116.4 million by 2028 from US$ 8,926.6 million in 2020. It is estimated to grow at a CAGR of 23.9% from 2021 to 2028. The report highlights the trends prevalent in the market and the factors driving the market along with those that act as deterrents to its growth.
Get more information about the market: http://bit.ly/2OojUqq The global medical cannabis market reached a value of more than US$ 11 Billion in 2017. Medical cannabis is currently in an introductory phase in the pharmaceutical industry and is gradually gaining acceptance across the globe. Want more information about this market? Request a free report sample: https://www.imarcgroup.com/request?type=report&id=1053&flag=B Contact Us IMARC Group USA: +1-631-791-1145 Email: sales@imarcgroup.com Website: https://www.imarcgroup.com Follow us on twitter : @imarcglobal
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Cannabis or most commonly known as Marijuana is a flowering plant with three species, Cannabis Sativa, Cannabis Indica and Cannabis Ruderalis. Marijuana is widely used as medicinal herb.Some studies and research around the globe are successful in proving that recreational marijuana can help to temporarily decrease pain and ease muscle stiffness
CBD, or cannabidiol, is the second most prevalent active ingredient in cannabis (marijuana). While CBD is an essential component of medical marijuana, it is derived directly from the hemp plant, a cousin of marijuana, or manufactured in a laboratory. Due to its healing properties, the demand for cannabidiol (CBD) for health and wellness purposes is high are some of the factors that have supported long-term expansion for Cannabidiol Market.
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