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How Will the Growth Rate of the Cannabis Testing Market Shape Industry Trends by 2034?

The market size of cannabis testing has seen a swift escalation in the past few years. It’s projected to rise from $3.02 billion in 2024 to $3.57 billion in 2025, representing a compound annual growth rate (CAGR) of 18.0%. This extensive growth in the historical span can be credited to factors such as the cannabis market becoming global, concerns relating to consumer safety, adherence to regulatory norms, assurance of product quality, protection of public health and safety, and clarity in the supply chain.

Anticipated to experience swift expansion in the coming years, the cannabis testing market size is foreseen to reach $7.36 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 19.9%. The upward trajectory in the predicted timeframe is contributed by factors such as continued legalization, heightened regulations, enhancement of quality control in cultivation and genetic testing, proliferating research and development activities, as well as growing public awareness and education. Foreseen trends for the projection period encompass technological progressions, enhancement of quality control in cultivation, microbial testing, cannabinoid profiling, along with pesticide and residue testing.

Which Major Market Drivers Are Expected to Boost the cannabis testing Market’s Growth Potential?

The escalating utilization of cannabis for medicinal purposes is anticipated to fuel the development of the cannabis testing market in the future. Cannabis is employed to mitigate tension and muscular issues, as well as to minimize post-chemotherapy nausea and vomiting. Consequently, there is a rise in the application of cannabis as a medical element. Furthermore, cannabis helps in pacifying epileptic seizures and effectively diminishes the severity of these seizures. For example, as per the World Health Organization’s data of 2022, out of the world’s population of 147 million, around 2.5% consumed cannabis. Therefore, the rising use of cannabis for health reasons propels the advancement of the cannabis testing market.

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Who Are the Key Market Players Influencing the Growth of the Cannabis Testing Industry?

Major companies operating in the cannabis testing market include:

• Thermo Fisher Scientific Inc._x000D_

• Danaher Corporation_x000D_

• Merck KGaA_x000D_

• SGS Canada Inc._x000D_

• Eurofins Scientific SE_x000D_

What Key Market Trends Are Shaping the Future of the Cannabis Testing Industry?

The trend of forming strategic alliances has been identified as a significant development gaining traction in the cannabis testing market. To consolidate their market positions, major businesses in this sector are engaging in partnerships. Take for an example the partnership formed in March 2022 between Digipath Inc., a cannabis testing lab from the US, and CASPR Technologies, a Nigerian company that provides smart indoor environmental technology for the healthcare sector. This collaboration allows Digipath to examine and authenticate the effectiveness of CASPR’s technology in botanical applications, particularly with regard to cannabis and hemp.

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How Are Key Segments Defining the Competitive Landscape of the Cannabis Testing Market?

The cannabis testing market covered in this report is segmented –

1) By Test Type: Potency Testing, Pesticide Screening, Residual Solvent Screening, Heavy Metal Testing, Terpene Testing, Mycotoxin Testing, Other Test Types

2) By Technology: Chromatography, Spectroscopy, Other Technologies

3) By Portability: Standalone, Hand Held Devices

4) By End User: Testing Laboratories, Drug Manufacturers, Research Institutes, Other End Users

Subsegments:

1) By Potency Testing: THC Testing, CBD Testing, Other Cannabinoids Testing

2) By Pesticide Screening: Herbicide Testing, Insecticide Testing, Fungicide Testing

3) By Residual Solvent Screening: Solvent Class Testing, Total Residual Solvent Analysis

4) By Heavy Metal Testing: Lead Testing, Arsenic Testing, Cadmium Testing, Mercury Testing

5) By Terpene Testing: Major Terpene Profile Analysis, Minor Terpene Analysis

6) By Mycotoxin Testing: Aflatoxin Testing, Ochratoxin Testing, Other Mycotoxins

7) By Other Test Types: Microbial Testing, Moisture Content Testing, Foreign Material Testing

Which Regions Are Emerging as Leaders in the Cannabis Testing Market?

North America was the largest region in the cannabis testing market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cannabis testing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Defines the Scope of the Cannabis Testing Market?

Cannabis refers to the analysis of an individual sample of cannabis that is examined to determine tetrahydrocannabinol, cannabidiol, and terpene levels, as well as impurities such as residual solvents, mold, pests, disease, or pesticide residue. The cannabis test is used to relieve stress, muscle pain, nausea, and vomiting.

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