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 increasing use of medicinal marijuana is creating lucrative growth opportunities for the global cannabis market says Fortune Business Insights in their new study. The study is titled, “Cannabis Market: Global Market Analysis, Insights, and Forecasts, 2018 to 2026”. This report includes expert opinion from trusted sources and focusses on major factors driving and restricting the growth of the market during the forecast period, 2018 to 2026. https://www.fortunebusinessinsights.com/industry-reports/cannabis-market-100219
Cannabis Market research deep dive into several segments to offer a comprehensive outlook to both veteran and new entrants. Read more @ https://www.theinsightpartners.com/reports/cannabis-market/
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.
annabis, also known as marijuana among other names, is a psychoactive drug from the cannabis plant. Native to Central or South Asia, the cannabis plant has been used as a drug for both recreational and entheogenic purposes and in various traditional medicines for centuries.
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.
Legal Cannabis Market size is estimated at $10.2 billion in 2020 and is predicted to grow as CAGR of 25.2% during the forecast period 2021-2026. Legal Cannabis is also known as medical marijuana. One of the key elements increasing demand for legal cannabis is the licensing of cannabis for adult usage.
The global cannabis testing market is estimated to rise at a CAGR of 13.32% over the forecast period of 2024 to 2032. Get more insights into our latest blog
This study offers indulge into market incentives, challenges, and opportunities that businesses must not miss. As consumer-centric businesses tend to generate greater ROIs, opting for a Cannabis market research would be a business recipe for success. Read More @ https://www.theinsightpartners.com/reports/cannabis-market/
Global cannabis capsule market size is expected to reach $79.20 billion in 2028 at a rate of 19.6%, segmented as by type, high tetrahydrocannabinol capsules, tetrahydrocannabinol or cannabinol balance capsule, high cannabinol capsules
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.
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
The Insight Partners is offering qualitative and informative market understanding by adding market research titled “Cannabis Testing Market Size, Trends, and Outlook”. The report focuses on the factors influencing growth, major players, and regional trends. The research offers a calculative assessment of recent developments adhering to prospects such as regions, key segments, and opportunities.
The supply and demand curves are impacted by market dynamics; therefore, policymakers have to figure out how to effectively employ different financial tools to heat up or cool down the Cannabis market. Read More @ https://www.theinsightpartners.com/reports/cannabis-market/
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.
Insight Partners has conducted an in-depth investigation of the Cannabis market highlighting key drivers, challenges, and opportunities in the forecast period. Read More @ https://www.theinsightpartners.com/reports/cannabis-market/
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.
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The cannabis market has shown rapid growth in the past few years owing to rapid demand increase for cannabis and related products. Market Research Future, who specializes in market reports related to the consumer and retail sector among others, recently published a report on this market. Expansion of the North America cannabis market is estimated with a CAGR of 33% in forecast period from 2016 to 2021.
The growth in this market is mainly driven by factors such as legalization of medical cannabis, coupled with the growing number of cannabis testing laboratories (specifically in the U.S.); growing adoption of LIMS in cannabis testing laboratories; and increasing awareness through conferences, symposia, and workshops.
According to the latest research report by IMARC Group, The Europe medical cannabis market size reached US$ 2,167.8 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 11,093.7 Million by 2032, exhibiting a growth rate (CAGR) of 19.3% during 2024-2032. More Info:- https://www.imarcgroup.com/europe-medical-cannabis-market
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
Legal Cannabis Market size is estimated at $10.2 billion in 2020 and is predicted to grow as CAGR of 25.2% during the forecast period 2021-2026. Legal Cannabis is also known as medical marijuana. One of the key elements increasing demand for legal cannabis is the licensing of cannabis for adult usage.
The cannabis market is expected to reach US$ 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.
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.
According to the latest research report by IMARC Group, The Africa medical cannabis market size is expected to exhibit a growth rate (CAGR) of 19.2% during 2024-2032. More Info:- https://www.imarcgroup.com/africa-medical-cannabis-market
Download free PDF Sample: https://bit.ly/2XWPOhg #CannabisIndicaOil #MarketAnalysis The global Cannabis Indica Oil market is valued at US$ xx million in 2020 is expected to reach US$ xx million by the end of 2026, growing at a CAGR of xx% during 2021-2026.
The Global Cannabis Market is currently valued at USD 27.7 billion in 2022 and is expected to reach USD 82.7 billion in the year 2031, registering a CAGR of 16.9% over the forecast period. Cannabis, also known as marijuana among other names, is a psychoactive drug from the cannabis plant. Native to Central or South Asia, the cannabis plant has been used as a drug for both recreational and entheogenic purposes and in various traditional medicines for centuries. Tetrahydrocannabinol (THC) is the main psychoactive component of cannabis, which is one of the 483 known compounds in the plant, including at least 65 other cannabinoids, such as cannabidiol (CBD). Cannabis can be used by smoking, vaporizing, within food, or as an extract.
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
Cannabis Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type (Flower, Concentrates, Others); Application (Medical, Recreational); Compound (Tetrahydrocannabinol (THC)-Dominant, Cannabidiol (CBD)-Dominant, Balanced THC and CBD) and Geography