Cannabis Testing Market : Key Developments, Geographic Snapshot and Key Market Leaders
The overall cannabis testing market expected to reach USD 1,416.3 million by 2021 from USD 822.0 million in 2016, at a CAGR of 11.5% of during the forecast period (2016-2021).
Market Growth Drivers :
1 Legalization of Medical Cannabis Coupled With the Growing Number of Cannabis Testing Laboratories
2 Growing Adoption of LIMS in Cannabis Testing Laboratories
3 Increasing Awareness Through Conferences,...
Cannabis Testing Market by Service & End User – Global Forecast 2021
Consumables to grow at the highest CAGR during the forecast period
The cannabis testing products market is broadly categorized into two segments, namely, analytical instruments and consumables. Cannabis testing instruments are expected to account for the largest share of the cannabis testing market in 2016. However, the market for consumables is expected to grow at the highest CAGR during the forecast...