Cannabis Testing Market is expected to reach US$ 2,960.20 million by 2028

by Sameer Joshi or 18-Aug-2021
Increasing Awareness Through Conferences, Symposia, and Workshops tDrive Growth of Cannabis testing Market During 2021–2028
According tour new research study on “Cannabis Testing Market Forecast t2028 – COVID-19 Impact and Global Analysis – by Product, Type and End User,” the market is expected treach US$ 2,960.20 million by 2028 from US$ 1,290.08 million in 2021. The market is estimated tgrow at a CAGR of 10.1% from 2021 t2028. The report highlights trends prevailing in the market, and drivers and hindrances pertaining tthe market growth.
 
Legalization of medical cannabis, increasing awareness through conferences, symposia, and workshops and growing adoption of LIMS in cannabis testing laboratories are driving the growth of the cannabis testing market. However, the stringent regulatory framework for cannabis, and dearth of trained laboratory professionals hinder the market growth.
 
The medical use of cannabis has witnessed a significant change in this decade as many governments have legalized use of cannabis. The governments of various states have attempted tspread the use of cannabis in medical industry. Due tthis, various government institutions have initiated the process of legalizing the use of medical cannabis and have started tplace a legal framework tpractice. These rapid changes in the industry have enabled medical experts and professionals torganize events and spread the use of medical cannabis.
Currently, medical cannabis conferences have been taking places in various parts of the world. In the US, conferences symposium and seminars take place at various states tacquaint its citizens and authorities with the use of medical marijuana and legal framework related tit.
Conferences which recently took place globally are: 
 
World Medical Cannabis Conference and Exp(April 2018) is one of the most popular conference in the US with participants across the world. This is the largest cannabis symposium in the world, which brings all business stakeholder together. It involves over 3000 guests and 150 exhibitors. 

CannaCon is first ever symposium that features legal sale of cannabis for business purposes. The expprovides a platform for guest tget access tknowledge from business experts with over 12000 guests.

U.S Cannabis Conference and Expconference involves high profile discussion, presentation and will educate entrepreneur tboost the development and evolution of medical cannabis industry.

Additionally, CannMed 2021 is going tbe held in Pasadena, California in September 2021. CannMed showcases latest findings and breakthrough technologies in the cannabis science, medicines, cultivation, and safety.
Thus, owing trising number of conferences, expand other awareness programs, the cannabis testing market is expected twitness rapid growth.
 
Purpl Scientific; Orange Photonics, Inc; Agilent Technologies, Inc.; SHIMADZU CORPORATION; Merck KGaA; Restek Corporation; WATERS; CannaSafe Analytics; Accelerated Technology Laboratories, Inc.; and Digipath Inc are among the leading companies operating in the cannabis testing market. 
 
The report segments Global Cannabis Testing market as follows:
 
By Product
  • Analytical Instruments
  • Chromatography Instruments
  • Spectroscopy
  • Other Analytical Instruments
  • Consumables
  • Software 
By Type
  • Potency Testing
  • Microbial Analysis 
  • Residual Solvent Screening
  • Heavy Metal Testing
  • Pesticide Screening
  • Terpene Profiling
  • Genetic Testing 
By End-User 
  • Testing Laboratories
  • Drug Manufacturers
  • Research Institutes
By Portability 
  • Stand alone
  • Handheld Devices
By Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • UAE
    • South Africa
    • Rest of MEA
  • South and Central America (SCAM)
    • Brazil
    • Argentina
    • Rest of SCAM
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