Cannabis Testing Market By Types of Services (Potency Testing, Terpene Profiling, Heavy Metal Testing, Pesticide Screening, Microscopy Testing, Residual Solvent Screening, & Others), By End-User Services (Cannabis Drug Manufacturers, Cannabis Cultivators/Growers, & Others), And By Regions - Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2023–2032
Report Snapshot
| Study Period: | 2022-2030 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Saskatchewan Research Council (SRC)
- SC Labs
- Steep Hill, Inc.
- Others
Reports Description
With a compound annual growth rate (CAGR) of around 10.5% between 2022 and 2030, the size of the global cannabis testing market size is expected to increase from its estimated value of USD 1.5 billion in 2021 to USD 3.0 billion by 2030. The report examines the forces that are driving and restraining the cannabis testing industry as well as how they will affect demand throughout the forecast period. The paper also looks at international potential in the cannabis testing sector.
Cannabis Testing Market: Overview
Cannabis testing has many uses, including figuring out the amount of cannabis present in various analytical samples, such as drug samples, and finding contaminants like bacteria and fungi. Additionally, it is done to find trace elements like cadmium and arsenic that, if not regulated, might have harmful impacts on health. Numerous analytical methods, including chromatographic analysis, spectrometry, ELISA, and polymerase chain reaction, are used to carry out these tests (PCR).
Cannabis Testing Market: COVID–19 Impact Analysis
The newest novel coronavirus, COVID-19, is the infectious disease that it causes. Before the outbreak in Wuhan (China) in December 2019, COVID-19 was largely unknown. Since then, it has transformed from a local issue to a worldwide pandemic. In addition, due to laboratory closures, a decline in the number of cannabis tests conducted, and some restrictions on the import and export of cannabis test products, several market players that provide goods to the cannabis testing industry have seen a decline in sales of tools and consumables. These elements have slowed market expansion by causing a fall in the sales of consumables and equipment used in the cannabis testing sector.
Cannabis Testing Market: Growth Drivers
Medical cannabis has been proven to be useful in a number of medical uses, including easing chemotherapy-induced nausea, increasing appetite in AIDS patients, reducing muscular spasms in MS patients, and lowering intraocular pressure in glaucoma patients. Governments in various nations are allowing the use of medical cannabis because of its advantages for health.
The demand for cannabis analytics to assure its safety before human ingestion has grown recently as medical cannabis is allowed in several nations and states across the world. Industry analysts predict that over the next years, the number of cannabis testing labs will increase significantly, largely as a result of the increased legality and uptake of cannabis testing.
Cannabis Testing Market: Segmentation Analysis
Potency testing services took the industry by storm in 2021 when it came to service types. The main factors driving the market are the expanding use of effective potency testing methods, such as gas chromatography (GC) and high-performance liquid chromatography (HPLC), to test samples, as well as the rising interest in researching the potency of different cannabinoids, particularly CBD (cannabidiol) and tetrahydrocannabinol (THC) in grown cannabis.
Cannabis cultivators dominated the market in 2021 based on end consumers. Due to government regulations on the THC level of cannabis products in many nations, breeders enter into partnerships with testing labs and research facilities. Additionally, according to the CBD and THC content of their plants, these producers must sell various strains of plants to manufacturers and distributors at various costs. These are the main elements promoting the segment’s expansion.
Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 1.5 billion |
| Projected Market Size in 2030 | USD 3 billion |
| CAGR Growth Rate | 10.5% CAGR (2022-2030) |
| Base Year | 2022 |
| Forecast Years | 2023-2032 |
| Key Market Players | Saskatchewan Research Council (SRC), SC Labs, Steep Hill, Inc., SGS Canada Inc., CW ANALYTICAL, and Others |
| Types of Services Analysis |
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| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
| Purchase Options | Request customized purchase options to meet your research needs. |
Key Findings:
- According to our research analyst’s analysis, the cannabis testing market is anticipated to expand annually at a CAGR of about 10.5% throughout the forecast period (2022-2030).
- The cannabis testing market size was estimated to be worth approximately USD 1.5 billion (2021). The market is expected to grow significantly over the coming years as a result of a number of driving factors.
- According to end-use segmentation, the cultivator industry is anticipated to have the most market share in 2021.
- Geographically speaking, the “North America” region generated the most income in 2021.
Recent Development
August 2021 – With the acquisition of pH Solutions, LLC in August 2021, PSI Labs, the top cannabis testing lab in Michigan and a safety compliance facility with ISO 17025 accreditation that provides basic cannabis testing services, expanded to Southern California. One of the first laboratories established in the State of California is pH Solutions, LLC.
Regional Landscape
In 2021, North America had the majority of the market share and is anticipated to expand significantly throughout the projected period. The existence of a significant number of farmers in the area and an increase in testing labs as a result of the government’s rigorous regulations for marijuana growers are the main drivers of the market’s expansion in this area.
Competitive Landscape
With their company profiles, current developments, and important market strategies, the study covers an in-depth competitive analysis of these major market participants for cannabis testing.
The Global Cannabis Testing Market is segmented as follows:
By Product and Software Analysis
➢ Analytical Instruments
➢ Consumables
➢ Software
By Testing Procedures Analysis
➢ Residual Solvent Screening
➢ Terpene Profiling
➢ Potency Testing
➢ Genetic Testing
➢ Pesticide Screening
➢ Heavy Metal Testing
➢ Microbial Analysis
By End-User Analysis
➢ Laboratories
➢ Cannabis Cultivators
➢ Research Institutes
➢ Drug Manufacturers
➢ Dispensaries
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Cannabis Testing Market, (2022 – 2030) (USD Billion)
- 2.2 Global Cannabis Testing Market: snapshot
- Chapter 3. Global Cannabis Testing Market – Industry Analysis
- 3.1 Cannabis Testing Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Useful In A Number Of Medical Uses
- 3.2.2 Including Easing Chemotherapy-Induced Nausea
- 3.2.3 Increasing Appetite In AIDS Patients
- 3.2.4 Reducing Muscular Spasms In MS Patients
- 3.2.5 Lowering Intraocular Pressure In Glaucoma Patients
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Services
- 3.7.2 Market attractiveness analysis By End-User Services
- Chapter 4. Global Cannabis Testing Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Cannabis Testing Market: company market share, 2021
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Cannabis Testing Market – Services Analysis
- 5.1 Global Cannabis Testing Market overview: By Services
- 5.1.1 Global Cannabis Testing Market share, By Services, 2021 and 2030
- 5.2 Potency Testing
- 5.2.1 Global Cannabis Testing Market by Potency Testing, 2022 – 2030 (USD Billion)
- 5.3 Terpene Profiling
- 5.3.1 Global Cannabis Testing Market by Terpene Profiling, 2022 – 2030 (USD Billion)
- 5.4 Heavy Metal Testing
- 5.4.1 Global Cannabis Testing Market by Heavy Metal Testing, 2022 – 2030 (USD Billion)
- 5.5 Pesticide Screening
- 5.5.1 Global Cannabis Testing Market by Pesticide Screening, 2022 – 2030 (USD Billion)
- 5.6 Microscopy Testing
- 5.6.1 Global Cannabis Testing Market by Microscopy Testing, 2022 – 2030 (USD Billion)
- 5.7 Residual Solvent Screening
- 5.7.1 Global Cannabis Testing Market by Residual Solvent Screening, 2022 – 2030 (USD Billion)
- 5.1 Global Cannabis Testing Market overview: By Services
- Chapter 6. Global Cannabis Testing Market – End-User Services Analysis
- 6.1 Global Cannabis Testing Markets overview: By End-User Services
- 6.1.1 Global Cannabis Testing Markets share, By End-User Services, 2021 and 2030
- 6.2 Cannabis Drug Manufacturers
- 6.2.1 Global Cannabis Testing Markets by Cannabis Drug Manufacturers, 2022 – 2030 (USD Billion)
- 6.3 Cannabis Cultivators/Growers
- 6.3.1 Global Cannabis Testing Market by Cannabis Cultivators/Growers, 2022 – 2030 (USD Billion)
- 6.1 Global Cannabis Testing Markets overview: By End-User Services
- Chapter 7. Cannabis Testing Industry – Regional Analysis
- 7.1 Global Cannabis Testing Industry Regional Overview
- 7.2 Global Cannabis Testing Industry Share, by Region, 2021 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.3.1.1 North America Cannabis Testing Industry, by Country, 2022 – 2030 (USD Billion)
- 7.3.1 North America Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.4 North America Cannabis Testing Industry, by Services, 2022 – 2030
- 7.4.1 North America Cannabis Testing Industry, by Services, 2022 – 2030 (USD Billion)
- 7.5 North America Cannabis Testing Industry, by End-User Services, 2022 – 2030
- 7.5.1 North America Cannabis Testing Industry, by End-User Services, 2022 – 2030 (USD Billion)
- 7.6. Europe
- 7.6.1 Europe Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.6.1.1 Europe Cannabis Testing Industry, by Country, 2022 – 2030 (USD Billion)
- 7.6.1 Europe Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.7 Europe Cannabis Testing Industry, by Services, 2022 – 2030
- 7.7.1 Europe Cannabis Testing Industry, by Services, 2022 – 2030 (USD Billion)
- 7.8 Europe Cannabis Testing Industry, by End-User Services, 2022 – 2030
- 7.8.1 Europe Cannabis Testing Industry, by End-User Services, 2022 – 2030 (USD Billion)
- 7.9. Asia Pacific
- 7.9.1 Asia Pacific Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.9.1.1 Asia Pacific Cannabis Testing Industry, by Country, 2022 – 2030 (USD Billion)
- 7.9.1 Asia Pacific Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.10 Asia Pacific Cannabis Testing Industry, by Services, 2022 – 2030
- 7.10.1 Asia Pacific Cannabis Testing Industry, by Services, 2022 – 2030 (USD Billion)
- 7.11 Asia Pacific Cannabis Testing Industry, by End-User Services, 2022 – 2030
- 7.11.1 Asia Pacific Cannabis Testing Industry, by End-User Services, 2022 – 2030 (USD Billion)
- 7.12. Latin America
- 7.12.1 Latin America Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.12.1.1 Latin America Cannabis Testing Industry, by Country, 2022 – 2030 (USD Billion)
- 7.12.1 Latin America Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.13 Latin America Cannabis Testing Industry, by Services, 2022 – 2030
- 7.13.1 Latin America Cannabis Testing Industry, by Services, 2022 – 2030 (USD Billion)
- 7.14 Latin America Cannabis Testing Industry, by End-User Services, 2022 – 2030
- 7.14.1 Latin America Cannabis Testing Industry, by End-User Services, 2022 – 2030 (USD Billion)
- 7.15. The Middle-East and Africa
- 7.15.1 The Middle-East and Africa Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.15.1.1 The Middle-East and Africa Cannabis Testing Industry, by Country, 2022 – 2030 (USD Billion)
- 7.15.1 The Middle-East and Africa Cannabis Testing Industry, 2022 – 2030 (USD Billion)
- 7.16 The Middle-East and Africa Cannabis Testing Industry, by Services, 2022 – 2030
- 7.16.1 The Middle-East and Africa Cannabis Testing Industry, by Services, 2022 – 2030 (USD Billion)
- 7.17 The Middle-East and Africa Cannabis Testing Industry, by End-User Services, 2022 – 2030
- 7.17.1 The Middle-East and Africa Cannabis Testing Industry, by End-User Services, 2022 – 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Saskatchewan Research Council (SRC)
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 SC Labs
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Steep Hill Inc.
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 SGS Canada Inc.
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 CW ANALYTICAL
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.1 Saskatchewan Research Council (SRC)
List Of Figures
Figures No 1 to 22
List Of Tables
Tables No 1 to 52
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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List of the prominent players in the Global Cannabis Testing Market:
- CannaSafe (U.S.)
- Steep Hill, Inc (U.S.)
- Eirlab Research Group (Ireland)
- GOODBODY HEALTH INC. (U.S.)
- CW ANALYTICAL (U.S.)
- Pure Analytics (U.S.)
- ANRESCO (U.S.)
- SC Labs (India)
- Battelle Memorial Institute (U.S.)
- Aphria Inc (Canada)
- Medical Marijuana, Inc (U.S.)
- STENOCARE A/S (Denmark)
- Cannabis Science Inc (U.S.)
- Thermo Fisher Scientific (U.S.)
- Merck KGaA (Germany)
- Agilent Technologies, Inc. (U.S.)
- Others
FAQs
“North America” region will lead the global cannabis testing market during the forecast period 2022 to 2030.
The key factors driving the market is the legalization of cannabis use for recreational and medical purposes will be the primary force behind future market trends.
The key players operating in the cannabis testing market are Saskatchewan Research Council (SRC), SC Labs, Steep Hill, Inc., SGS Canada Inc., CW ANALYTICAL, and Others.
The global cannabis testing market is expanding growth with a CAGR of approximately 10.5% during the forecast period (2022 to 2030).
The global cannabis testing market size was valued at US$ 1.5 billion in 2021 and it is projected to reach around US$ 3 billion by 2030.
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