Cannabis Testing Market By Test Type (Potency, Heavy Metal, Terpene Profiling, Microbial Analysis, Pesticide Screening, Residual Solvent Screening, Genetic), By Region (U.S., Canada, Mexico) – North America Insights, Growth, Size, Comparative Analysis, Trends and Forecast, 2019 – 2027
Industry Trends
North America Cannabis Testing Market was valued at US$ 526.56 million in 2018 and is expected to reach US$ 1,696.27 million by 2027, growing at an estimated CAGR of 14.4% over the forecast period. The legalization of both adult recreational and medical cannabis has established the need for a reliable and robust cannabis testing to ensure consumer safety. Cannabis, also known as marijuana is a plant that has been valued for its psychoactive, medicinal, and fibrous properties since ancient times. The potential for abuse along with some social and political factors have led to the prohibition of cannabis in most of the countries since the early 1990’s. But, with changing times, cannabis for medicinal purposes and adult recreational use have been legalized in specific countries including, North Korea, Australia, Columbia, Canada, Italy, Spain, the Netherlands and some states of the United States.
In the recent past, a significant growth has been observed in the research initiatives for medical cannabis. The estimates of the market also supports the fact that stringent regulations in the cannabis market is one of the major driver of the cannabis testing market. One of the study by the United States National Academy of Sciences, Engineering and Medicine has concluded that the medicinal use of cannabis is effective for diseases such as chronic pain, nausea and vomiting during chemotherapy, spasticity in multiple sclerosis and others. Due to variable testing process, the federal laws specific to transportation and handling of cannabis is absent, this leads to a number of problems including compliance issues.
The potency and the potential for abuse has led to the classification of cannabis as a ‘Schedule 1’ drug by the United States Drug Enforcement Administration. This has led to the growth of the potency segment, which had the largest share amongst the test types and is expected to retain the position till 2027. The United States being the largest contributor in the cannabis testing market has legalized the cannabis use for medicinal purpose in 25 states plus the District of Colombia, while the four states including Washington, Oregon, Alaska, and Colorado have completely legalized the cannabis use for both medical and adult recreational use.
North America, Cannabis Testing Market Revenue & Forecast, (US$ Million), 2015 – 2027
Competitive Landscape
The report provides both, qualitative and quantitative research of cannabis testing market, as well as provides comprehensive insights and favored development methods adopted by the key contenders. The report also offers extensive research on the key players in this market and details on the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by these major market participants are also recognized and analyzed in the report. For each company, the report studies their global presence, competitors, service offerings, specification, pricing, and gross margin.
Some of the players operating in the Cannabis Testing Market are Anandia Labs, EVIO Labs, GREEN LEAF, PerkinElmer Inc., SGS Life Sciences, Steep Hill Labs, Inc., Thermo Fisher Scientific Inc. amongst others.
Cannabis Testing Market:
By Test Type
- Potency
- Heavy Metal
- Terpene Profiling
- Microbial Analysis
- Pesticide Screening
- Residual Solvent Screening
- Genetic
By Geography
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
1. Market Scope
1.1. Market
Segmentation
1.2. Years
Considered
1.2.1. Historic
Years: 2013 - 2017
1.2.2. Base Year:
2018
1.2.3. Forecast
Years: 2019 – 2027
2. Key Target
Audiences
3. Research
Methodology
3.1. Primary
Research
3.1.1. Research
Questionnaire
3.1.2. North America
Percentage Breakdown
3.1.3. Primary
Interviews: Key Opinion Leaders (KOLs)
3.2. Secondary
Research
3.2.1. Paid Databases
3.2.2. Secondary
Sources
3.3. Market Size
Estimates
3.3.1. Top-Down
Approach
3.3.2. Bottom-Up
Approach
3.4. Data
Triangulation Methodology
3.5. Research
Assumptions
4. Recommendations
and Insights from AMI’s Perspective**
5. Holistic
Overview of Cannabis Testing Market
6. Market
Synopsis: Cannabis Testing Market
7. Cannabis
Testing Market Analysis: Qualitative Perspective
7.1. Introduction
7.1.1. Product
Definition
7.1.2. Industry
Development
7.2. Market Dynamics
7.2.1. Drivers
7.2.2. Restraints
7.2.3. Opportunities
7.3. Trends in
Cannabis Testing Market
7.4. Market
Determinants Radar Chart
7.5. Macro-Economic
and Micro-Economic Indicators: Cannabis Testing Market
7.6. Porter’s Five
Force Analysis
7.7. PESTEL
Analysis
8. North America
Cannabis Testing Market Analysis and Forecasts, 2019 – 2027
8.1. Overview
8.1.1. North America
Cannabis Testing Market Revenue (US$ Mn)
8.2. North America
Cannabis Testing Market Revenue (US$ Mn) and Forecasts, By Test Type
8.2.1. Potency
8.2.1.1.
Definition
8.2.1.2.
Market Penetration, 2018
8.2.1.3.
Market Estimation, 2013 – 2018
8.2.1.4.
Market Forecast, 2019 – 2027
8.2.1.5.
Compound Annual Growth Rate (CAGR)
8.2.1.6.
Regional Bifurcation
8.2.1.6.1.
U.S
8.2.1.6.1.1.
Market Estimation, 2013 – 2018
8.2.1.6.1.2.
Market Forecast, 2019 – 2027
8.2.1.6.2.
Canada
8.2.1.6.2.1.
Market Estimation, 2013 – 2018
8.2.1.6.2.2.
Market Forecast, 2019 – 2027
8.2.1.6.3.
Mexico
8.2.1.6.3.1.
Market Estimation, 2013 – 2018
8.2.1.6.3.2.
Market Forecast, 2019 – 2027
8.2.2. Heavy Metal
8.2.2.1.
Definition
8.2.2.2.
Market Penetration, 2018
8.2.2.3.
Market Estimation, 2013 – 2018
8.2.2.4.
Market Forecast, 2019 – 2027
8.2.2.5.
Compound Annual Growth Rate (CAGR)
8.2.2.6.
Regional Bifurcation
8.2.2.6.1.
U.S
8.2.2.6.1.1.
Market Estimation, 2013 – 2018
8.2.2.6.1.2.
Market Forecast, 2019 – 2027
8.2.2.6.2.
Canada
8.2.2.6.2.1.
Market Estimation, 2013 – 2018
8.2.2.6.2.2.
Market Forecast, 2019 – 2027
8.2.2.6.3.
Mexico
8.2.2.6.3.1.
Market Estimation, 2013 – 2018
8.2.2.6.3.2.
Market Forecast, 2019 – 2027
8.2.3. Terpene
Profiling
8.2.3.1.
Definition
8.2.3.2.
Market Penetration, 2018
8.2.3.3.
Market Estimation, 2013 – 2018
8.2.3.4.
Market Forecast, 2019 – 2027
8.2.3.5.
Compound Annual Growth Rate (CAGR)
8.2.3.6.
Regional Bifurcation
8.2.3.6.1.
U.S
8.2.3.6.1.1.
Market Estimation, 2013 – 2018
8.2.3.6.1.2.
Market Forecast, 2019 – 2027
8.2.3.6.2.
Canada
8.2.3.6.2.1.
Market Estimation, 2013 – 2018
8.2.3.6.2.2.
Market Forecast, 2019 – 2027
8.2.3.6.3.
Mexico
8.2.3.6.3.1.
Market Estimation, 2013 – 2018
8.2.3.6.3.2.
Market Forecast, 2019 – 2027
8.2.4. Microbial
Analysis
8.2.4.1.
Definition
8.2.4.2.
Market Penetration, 2018
8.2.4.3.
Market Estimation, 2013 – 2018
8.2.4.4.
Market Forecast, 2019 – 2027
8.2.4.5.
Compound Annual Growth Rate (CAGR)
8.2.4.6.
Regional Bifurcation
8.2.4.6.1.
U.S
8.2.4.6.1.1.
Market Estimation, 2013 – 2018
8.2.4.6.1.2.
Market Forecast, 2019 – 2027
8.2.4.6.2.
Canada
8.2.4.6.2.1.
Market Estimation, 2013 – 2018
8.2.4.6.2.2.
Market Forecast, 2019 – 2027
8.2.4.6.3.
Mexico
8.2.4.6.3.1.
Market Estimation, 2013 – 2018
8.2.4.6.3.2.
Market Forecast, 2019 – 2027
8.2.5. Pesticide
Screening
8.2.5.1.
Definition
8.2.5.2.
Market Penetration, 2018
8.2.5.3.
Market Estimation, 2013 – 2018
8.2.5.4.
Market Forecast, 2019 – 2027
8.2.5.5.
Compound Annual Growth Rate (CAGR)
8.2.5.6.
Regional Bifurcation
8.2.5.6.1.
U.S
8.2.5.6.1.1.
Market Estimation, 2013 – 2018
8.2.5.6.1.2.
Market Forecast, 2019 – 2027
8.2.5.6.2.
Canada
8.2.5.6.2.1.
Market Estimation, 2013 – 2018
8.2.5.6.2.2.
Market Forecast, 2019 – 2027
8.2.5.6.3.
Mexico
8.2.5.6.3.1.
Market Estimation, 2013 – 2018
8.2.5.6.3.2.
Market Forecast, 2019 – 2027
8.2.6. Residual
Solvent Screening
8.2.6.1.
Definition
8.2.6.2.
Market Penetration, 2018
8.2.6.3.
Market Estimation, 2013 – 2018
8.2.6.4.
Market Forecast, 2019 – 2027
8.2.6.5.
Compound Annual Growth Rate (CAGR)
8.2.6.6.
Regional Bifurcation
8.2.6.6.1.
U.S
8.2.6.6.1.1.
Market Estimation, 2013 – 2018
8.2.6.6.1.2.
Market Forecast, 2019 – 2027
8.2.6.6.2.
Canada
8.2.6.6.2.1.
Market Estimation, 2013 – 2018
8.2.6.6.2.2.
Market Forecast, 2019 – 2027
8.2.6.6.3.
Mexico
8.2.6.6.3.1.
Market Estimation, 2013 – 2018
8.2.6.6.3.2.
Market Forecast, 2019 – 2027
8.2.7. Genetic
8.2.7.1.
Definition
8.2.7.2.
Market Penetration, 2018
8.2.7.3.
Market Estimation, 2013 – 2018
8.2.7.4.
Market Forecast, 2019 – 2027
8.2.7.5.
Compound Annual Growth Rate (CAGR)
8.2.7.6.
Regional Bifurcation
8.2.7.6.1.
U.S
8.2.7.6.1.1.
Market Estimation, 2013 – 2018
8.2.7.6.1.2.
Market Forecast, 2019 – 2027
8.2.7.6.2.
Canada
8.2.7.6.2.1.
Market Estimation, 2013 – 2018
8.2.7.6.2.2.
Market Forecast, 2019 – 2027
8.2.7.6.3.
Mexico
8.2.7.6.3.1.
Market Estimation, 2013 – 2018
8.2.7.6.3.2.
Market Forecast, 2019 – 2027
8.3. Key Segment
for Channeling Investments
8.3.1. By Test Type
9. North America
Cannabis Testing Market Analysis and Forecasts, 2019 - 2027
9.1. Overview
9.1.1. North America
Cannabis Testing Market Revenue (US$ Mn)
9.2. North America
Cannabis Testing Market Revenue (US$ Mn) and Forecasts, By Test Type
9.2.1. Potency
9.2.2. Heavy Metal
9.2.3. Terpene
Profiling
9.2.4. Microbial
Analysis
9.2.5. Pesticide
Screening
9.2.6. Residual
Solvent Screening
9.2.7. Genetic
9.3. North America
Cannabis Testing Market Revenue (US$ Mn), By Country
9.3.1. U.S
9.3.1.1.
U.S Cannabis Testing Market Revenue (US$ Mn) and Forecasts,
By Test Type
9.3.1.1.1.
Potency
9.3.1.1.2.
Heavy Metal
9.3.1.1.3.
Terpene Profiling
9.3.1.1.4.
Microbial Analysis
9.3.1.1.5.
Pesticide Screening
9.3.1.1.6.
Residual Solvent Screening
9.3.1.1.7.
Genetic
9.3.2. Canada
9.3.2.1.
Canada Cannabis Testing Market Revenue (US$ Mn) and Forecasts,
By Test Type
9.3.2.1.1.
Potency
9.3.2.1.2.
Heavy Metal
9.3.2.1.3.
Terpene Profiling
9.3.2.1.4.
Microbial Analysis
9.3.2.1.5.
Pesticide Screening
9.3.2.1.6.
Residual Solvent Screening
9.3.2.1.7.
Genetic
9.3.3. Mexico
9.3.3.1.
Mexico Cannabis Testing Market Revenue (US$ Mn) and
Forecasts, By Test Type
9.3.3.1.1.
Potency
9.3.3.1.2.
Heavy Metal
9.3.3.1.3.
Terpene Profiling
9.3.3.1.4.
Microbial Analysis
9.3.3.1.5.
Pesticide Screening
9.3.3.1.6.
Residual Solvent Screening
9.3.3.1.7.
Genetic
9.4. Key Segment
for Channeling Investments
9.4.1. By Country
9.4.2. By Test Type
10. Competitive
Benchmarking
10.1. Market Share
Analysis, 2018
10.2. North America
Presence and Growth Strategies
10.2.1.
Mergers and Acquisitions
10.2.2.
Product Launches
10.2.3.
Investments Trends
10.2.4.
R&D Initiatives
11. Player
Profiles
11.1. Anandia Labs
11.1.1.
Company Details
11.1.2.
Company Overview
11.1.3.
Product Offerings
11.1.4.
Key Developments
11.1.5.
Financial Analysis
11.1.6.
SWOT Analysis
11.1.7.
Business Strategies
11.2. EVIO Labs
11.2.1.
Company Details
11.2.2.
Company Overview
11.2.3.
Product Offerings
11.2.4.
Key Developments
11.2.5.
Financial Analysis
11.2.6.
SWOT Analysis
11.2.7.
Business Strategies
11.3. GREEN LEAF
11.3.1.
Company Details
11.3.2.
Company Overview
11.3.3.
Product Offerings
11.3.4.
Key Developments
11.3.5.
Financial Analysis
11.3.6.
SWOT Analysis
11.3.7.
Business Strategies
11.4. PerkinElmer
Inc.
11.4.1.
Company Details
11.4.2.
Company Overview
11.4.3.
Product Offerings
11.4.4.
Key Developments
11.4.5.
Financial Analysis
11.4.6.
SWOT Analysis
11.4.7.
Business Strategies
11.5. SGS Life
Sciences
11.5.1.
Company Details
11.5.2.
Company Overview
11.5.3.
Product Offerings
11.5.4.
Key Developments
11.5.5.
Financial Analysis
11.5.6.
SWOT Analysis
11.5.7.
Business Strategies
11.6. Steep Hill Labs,
Inc.
11.6.1.
Company Details
11.6.2.
Company Overview
11.6.3.
Product Offerings
11.6.4.
Key Developments
11.6.5.
Financial Analysis
11.6.6.
SWOT Analysis
11.6.7.
Business Strategies
11.7. Thermo Fisher
Scientific Inc.
11.7.1.
Company Details
11.7.2.
Company Overview
11.7.3.
Product Offerings
11.7.4.
Key Developments
11.7.5.
Financial Analysis
11.7.6.
SWOT Analysis
11.7.7.
Business Strategies
12. Key Findings
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Research Methodology
Key Inclusions
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