The global cannabis testing market is expected to reach USD 1.72 billion in 2023 anticipated to grow at a CAGR of 22.8% during the forecast period 2023-2035.

In recent years, there has been a global trend toward legalizing both medical and recreational cannabis use. This shift is largely driven by the increasing recognition of cannabis’s therapeutic potential, particularly in alleviating side effects like nausea from chemotherapy and managing chronic pain in conditions like multiple sclerosis. The approval of three cannabis-derived prescription medications for sale in the United States highlights this changing perspective. Legalization in several countries, including Canada, Germany, and Thailand, has led to the production of cannabis-infused products by different parties. However, despite these legal advancements, the illegal market remains the primary source for cannabis and its derivatives, raising concerns about product quality and safety.

Furthermore, the potency of cannabinoids and the presence of contaminants like microbes, pesticides, heavy metals, and residual solvents in cannabis-infused products pose significant challenges. These elements not only affect the products’ shelf life but also jeopardize consumer safety. The absence of quality standards in the production of these goods raises crucial concerns that could hinder the future growth of this market. Addressing these challenges requires cannabis-infused products to adhere to strict regulatory standards and undergo rigorous testing protocols. These measures are essential to maintain safety standards and protect consumer health. As the demand for safe and compliant cannabis-infused products grows, it is crucial for the cannabis testing market to expand steadily. This growth will involve providing diverse testing solutions to various stakeholders, including growers, manufacturers, and research institutions.



Report Coverage
? The analysis focuses on the cannabis testing market, considering the cannabis type tested, sample type, company size, and key geographic regions.
? An evaluation of market growth factors?drivers, restraints, opportunities, and challenges?is conducted in the report.
? The report examines potential market advantages and obstacles, providing insights into the competitive landscape for leading market players.
? Revenue forecasts for market segments are provided concerning five major regions.
? Succinct executive summaries encapsulate research insights, offering an overarching view of the current state and anticipated trajectory of the cannabis testing market in the medium to long term.
? An introduction covers essential aspects of cannabis testing, including applications, the necessity of testing cannabis-infused products for consumer safety mandated by regulatory bodies, emerging trends, and future prospects.
? A comprehensive evaluation scrutinizes cannabis testing labs based on various parameters such as founding year, employee count, headquarters location, service offerings, accreditations, testing solutions, sample types, categories examined, and target end-users.
? In-depth competitive analyses assess cannabis testing labs based on tenure, service variety, testing scope, client base, and attained accreditations.
? Detailed profiles of pivotal cannabis testing labs, selected through specific criteria, provide company synopses, service portfolios, financial information (if available), recent advancements, and future outlooks.
? An exhaustive assessment of cannabis testing equipment and platform providers covers parameters like founding year, workforce size, headquarters location, service/product offerings, testing products, analytical instruments, and software solutions.
? A comprehensive examination of partnerships established in the cannabis testing market since 2018, detailing partnership types, participants, geographical locations, and the most active players based on frequency.
? A thorough analysis of recent industry events?webinars, conferences, expos, and summits?across global regions, detailing event types, platforms, geographical distribution, evolving agendas, primary organizers, prominent speakers, affiliations, and a geographical mapping of upcoming events.


Key Market Companies
? AccuScience Laboratories
? Anresco Labs
? CDX Analytics
? Coastal Analytical
? Eurofins Scientific
? EVIO Labs
? FoodChain ID
? LGC
? Medicine Creek Analytics
? SGS
? Tentamus