US Cannabis Testing Services Market to Increasing Demand To Be Observed In The Coming Years

Global US Cannabis Testing Services Market Analysis, Size, Share, Outlook and Forecast to 2021-2027 is a professional and in-depth research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific). The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.

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The establishment of state-of-the-art cannabis research labs in major areas by key market players has been focusing on providing a broad variety of cannabis testing services. Gala Pharmaceutical, Inc. announced plans to develop the first state-of-the-art research facility in April 2018, in compliance with the Medical Marijuana Regulation and Safety Act, which will follow the current ISO standards set by the City of Long Beach and the State of California, U.S. Gala Pharmaceutical California Inc., a division of Gala Pharmaceutical, Inc., was granted a provisional license by the State of California in December 2018 to build its flagship cannabis research laboratory in Long Beach, California, U.S. Gala Pharmaceutical, Inc. finished the building of its cannabis research laboratory in June of this year.

Steep Hill, a cannabis research and technology firm, announced in March 2019 that it had reached a license agreement with Green Analytics East to open a new cannabis testing facility in New Jersey (Steep Hill New Jersey). Steep Hill New Jersey is actively working on obtaining municipal licenses, and regulatory testing services are scheduled to begin in the third quarter of 2019.

Botanacor Laboratories, a Denver, Colorado-based hemp biomass and hemp-derived CBD product research facility, began providing industrial hemp and CBD testing throughout North America in August 2019.
Therefore, new cannabis research service providers in key regions are set to expand access to cannabis testing services and accelerate growth of the US cannabis testing services market during the forecast period.

Browse 26 Market Data Tables and 27 Figures spread through 151 Pages and in-depth TOC on “US Cannabis Testing Services Market, by End User (Research Institutes, Cannabis Firms, and Homecare Settings), by Test Type (Pesticide Screening, Microbiological Screening, Potency Testing, Cannabinoid Profiling, Terpene Profiling, (THC Testing and CBD Testing) Residual Solvent Testing, and Other Tests), and by States (New York, Florida, Pennsylvania, Michigan, New Jersey, and the Other States) –US Forecast to 2027”

Fundraising efforts from major cannabis research firms are assisting in the construction and extension of cannabis testing laboratories throughout the U.S. Cannalysis, a cannabis research facility in Santa Ana, California, secured US$ 22 million in funding from CanLab, a cannabis, hemp, and CBD testing laboratory network. Cannalysis will be able to extend its activities to reach more states in the U.S. due of this funding.

Key Takeaways

Due to the establishment of new cannabis research laboratories in the U.S., the US Cannabis Testing Services Market is projected to develop at a CAGR of 15.7 percent over the forecast period (2019–2027).

Due to increased partnerships by main players in the U.S., which is expected to fuel demand for potency testing to assess the protection and efficacy of cannabis, the potency testing segment is estimated to hold a significant market share by 2027. In 2016, AB SCIEX LLC (US) and CW analytical, a leading cannabis research laboratory, signed a partnership agreement to create a cannabis purity and potency testing standard.

Major Key Players Include In US Cannabis Testing Services Market: SC Laboratories Inc., Eurofins Scientific, Praxis Laboratory, Agricore Laboratories, Digipath Inc., Fairbanks Analytical Testing LLC, Aurum Laboratories, LLC, Pure Analytics LLC, Gobi Labs, Cascadia Labs, Encore labs, PharmLabs LLC.

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Main points in US Cannabis Testing Services Market Report Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 US Cannabis Testing Services Market Size Analysis from 2021 to 2027
11.6 COVID-19 Outbreak: US Cannabis Testing Services Industry Impact

Chapter 2 Global US Cannabis Testing Services Competition by Types, Applications, and Top Regions and Countries
2.1 Global US Cannabis Testing Services (Volume and Value) by Type
2.3 Global US Cannabis Testing Services (Volume and Value) by Regions

Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis

Chapter 4 Global US Cannabis Testing Services Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America US Cannabis Testing Services Market Analysis
Chapter 6 East Asia US Cannabis Testing Services Market Analysis
Chapter 7 Europe US Cannabis Testing Services Market Analysis
Chapter 8 South Asia US Cannabis Testing Services Market Analysis
Chapter 9 Southeast Asia US Cannabis Testing Services Market Analysis
Chapter 10 Middle East US Cannabis Testing Services Market Analysis
Chapter 11 Africa US Cannabis Testing Services Market Analysis
Chapter 12 Oceania US Cannabis Testing Services Market Analysis
Chapter 13 South America US Cannabis Testing Services Market Analysis
Chapter 14 Company Profiles and Key Figures in US Cannabis Testing Services Business
Chapter 15 Global US Cannabis Testing Services Market Forecast (2021-2027)
Chapter 16 Conclusions
Research Methodology

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