Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1.91 Billion | USD 7.38 Billion | 16.2% | 2024 |
FrequentlyAsked Questions
The global cannabis testing market is expected to grow due to increasing legalization of cannabis, rising quality control regulations, and expanding applications in medical and recreational sectors.
According to a study, the global cannabis testing market size was worth around USD 1.91 Billion in 2024 and is expected to reach USD 7.38 Billion by 2034.
The global cannabis testing market is expected to grow at a CAGR of 16.2% during the forecast period.
North America is expected to dominate the cannabis testing market over the forecast period.
Leading players in the global cannabis testing market include Thermo Fisher Scientific, MERCK KGAA, Shimadzu Corporation, Agilent Technologies Inc., PharmLabs LLC, SC Laboratories Inc., Steep Hill Inc., DigiPath Inc., GreenLeaf Lab, and CW ANALYTICAL, among others.
The report explores crucial aspects of the cannabis testing market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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