Global Cannabis Testing Market Growth Opportunities
Global Cannabis Testing Market Growth Opportunities
New Product Development that Improves the Sensitivity of Analytical Instrumentation will Help Meet Stringent Regulatory Requirements
30-Nov-2021
Global
Market Research
Description
With the growing legalization of adult recreational and medicinal cannabis, there is an increasing need for rigorous and accurate analytical testing to assure consumer safety. This has increased the demand for analytical testing instruments. Analytical instrumentation applications include regulatory compliance testing, product manufacturing, quality control, and laboratory automation solutions. A variety of analytical instruments and techniques are used in cannabis testing applications, including gas chromatography, liquid chromatography, gas chromatography-mass spectrometry (GC-MS), liquid chromatography-mass spectroscopy (LC-MS), inductively-coupled plasma mass spectroscopy (ICP-MS), and X-ray diffraction spectroscopy. Among these, key analytical techniques for cannabis testing are liquid chromatography and liquid chromatography-mass spectrometry. However, these methods have a high cost of ownership and require sample production and extensive training for operation. Infrared spectroscopy, on the other hand, an alternative testing method, is more in demand than some other analytical techniques since it does not need sample production and is not time-consuming.
Cannabinoids, terpenes, residual solvents, pesticides, heavy metals, and microbes are among the analytes of interest. Food & beverages, academics, government research & testing, pharmaceuticals, biotechnology, contract research organization, and research are the key end-user sectors.
The study considers markets in North America, Europe, Asia-Pacific, and the rest of the world.
Author: Janani Balasundar
Table of Contents
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on Analytical Instrumentation in the Cannabis Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Analytical Instrumentation in the Cannabis Testing Market—Overview
Analytical Instrumentation in the Cannabis Testing Market—Segmentation
Analytical Instrumentation in the Cannabis Testing Market—Segmentation (continued)
Analytical Instrumentation in the Cannabis Testing Market—Segmentation (continued)
Key Competitors in Market
Key Growth Metrics
Growth Drivers
Growth Driver Analysis
Growth Driver Analysis (continued)
Growth Driver Analysis (continued)
Growth Restraints
Growth Restraint Analysis
Forecast Assumptions
Revenue Forecast
Revenue Forecast by Product
Revenue Forecast by Region
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast Analysis
Revenue Forecast by Application
Revenue Forecast by Vertical
Revenue Forecast by Region
Pricing Trends Analysis
Competitive Environment
Market Share
Market Share Analysis
Product Analysis
Product Analysis (continued)
Product Analysis (continued)
Product Analysis (continued)
Key Growth Metrics
Key Findings
Revenue Forecast
Revenue Forecast by Product
Forecast Discussion
Key Growth Metrics
Key Findings
Revenue Forecast
Revenue Forecast by Product
Forecast Discussion
Key Growth Metrics
Key Findings
Revenue Forecast
Forecast Discussion
Growth Opportunity 1: The Legalization of Cannabis will Drive the Demand for Analytical Testing
Growth Opportunity 1: The Legalization of Cannabis will Drive the Demand for Analytical Testing (continued)
Growth Opportunity 2: Emerging Economies will Drive the Demand for Cannabis Testing
Growth Opportunity 2: Emerging Economies will Drive the Demand for Cannabis Testing (continued)
Growth Opportunity 3: Specialized Cannabis Testing Analyzers will be in Demand for Cannabis Testing
Growth Opportunity 3: Specialized Cannabis Testing Analyzers will be in Demand for Cannabis Testing (continued)
Your Next Steps
Why Frost, Why Now?
List of Exhibits
List of Exhibits (continued)
Legal Disclaimer
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Popular Topics
Deliverable Type | Market Research |
---|---|
No Index | No |
Podcast | No |
Author | Janani Balasundar |
Industries | Test and Measurement Instrumentation |
WIP Number | K65B-01-00-00-00 |
Keyword 1 | Medical Cannabis Market |
Keyword 2 | Medical Cannabis Industry Growth |
Keyword 3 | Cannabis Testing Market |
Is Prebook | No |
GPS Codes | 9404-A5,9594,9ACC-A5,9593 |