Europe Cannabis Testing Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis by Product (Chromatography Instruments, Spectroscopy, Consumables, and Software); Service (Potency Testing, Terpene Profiling Testing, Pesticide Screening, Residual Solvent Testing, Heavy Metal Testing, Microbial Analysis, and Genetic Testing); End User (Testing Laboratories, Drug Manufacturers, and Research Institutes), and Country

No. of Pages: 180
Report Code: TIPRE00003507
Category: Life Sciences
Europe Cannabis Testing Market
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Market Introduction

Medicinal Cannabis is now legal in most of the regions across the world. It is crucial to test the cannabis products used for medicinal purposes to avoid side effects. Cannabis testing is used in various applications that include determining the concentration of cannabis in various analytical samples such as pharmaceutical drugs, and detection of contaminants such as bacteria and fungi. Further, the Cannabis testing is also performed for the determination of trace metals, such as arsenic and cadmium that can adversely impact human health if remained unchecked. These tests are performed with the help of various analytical techniques such as chromatography, spectrometry, ELISA, and polymerase chain reaction (PCR).

Market Overview and Dynamics

The Europe cannabis testing market is expected to reach US$ 770.30 million by 2027 from US$ 431.58 million in 2019. The market is anticipated to grow with a CAGR of 7.7% from 2020 to 2027.  The growth of the market in the region is attributed to the factors such as increasing government funding and focus for cannabis use and increasing demand for research activities to improve the quality of cannabis. However, the cannabis used as a street drug and trouble with CBD oil are the factors negatively impacting the growth of the market in the coming years.

Key Market Segments

In terms of product, the chromatography instruments segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period. In terms of service, the potency testing segment held the largest share of the market in 2019 and is estimated to register the highest share in the market during the forecast period. In terms of end user, the testing laboratories segment held the largest share of the market in 2019 and is estimated to register the highest  CAGR in the market during the forecast period.

Major Sources and Companies Listed

European Union, National Center for Biotechnology Information, and International Cannabis and Cannabinoids Institute are among the major secondary sources for the Europe cannabis testing market included in the report.

Reasons to buy the report

  • To understand the Europe cannabis testing market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the Europe cannabis testing market
  • Efficiently plan M&A and partnership deals in the Europe cannabis testing market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the Europe cannabis testing market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

Europe Cannabis Testing Market Segmentation

By Product

  • Chromatography Instruments
    • Liquid Chromatography
    • Gas Chromatography
  • Spectroscopy
    • Mass Spectrometry
    • Atomic Spectrometry
  • Consumables
    • Standard and CRMs
  • Software

By Service

  • Potency Testing
  • Terpene Profiling
  • Pesticide Screening
  • Residual Solvent Screening
  • Heavy Metal Testing
  • Microbial Analysis
  • Genetic Testing

By End User

  • Testing Laboratories
  • Drug Manufacturers
  • Research Institutes

 

Company Profiles

  • Agilent Technologies, Inc.
  • Perkin Elmer, Inc.
  • Shimadzu Corporation
  • Sciex (Danaher)
  • Merck KGaA
  • Restek Corporation
  • Waters
  • Cannasafe Analytics
  • Accelerated Technology Laboratories, Inc.
  • Digipath Inc.

Europe Cannabis Testing Market Strategic Insights

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Europe Cannabis Testing Market Segmentation Analysis

Europe Cannabis Testing Market Report Highlights

Europe Cannabis Testing Report Scope

Report Attribute Details
Market size in 2019 US$ 431.58 Million
Market Size by 2027 US$ 770.30 Million
CAGR (2020 - 2027) 7.7%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Product
  • Chromatography Instruments
  • Spectroscopy
  • Consumables
  • Software
By Service
  • Potency Testing
  • Terpene Profiling Testing
  • Pesticide Screening
  • Residual Solvent Testing
  • Heavy Metal Testing
  • Microbial Analysis
  • Genetic Testing
By End User
  • Testing Laboratories
  • Drug Manufacturers
  • Research Institutes
Regions and Countries Covered
Europe UK, Germany, France, Russia, Italy, Rest of Europe
Market leaders and key company profiles
  • Agilent Technologies, Inc.
  • Perkin Elmer, Inc.
  • Shimadzu Corporation
  • Sciex (Danaher)
  • Merck KGaA
  • Restek Corporation
  • Waters
  • Cannasafe Analytics
  • Accelerated Technology Laboratories, Inc.
  • Digipath Inc.
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Europe Cannabis Testing Market Country and Regional Insights

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Identical Market Reports with other Region/Countries
The List of Companies - Europe Cannabis Testing Market
  • <p style="line-height: 150%; margin: 0in 0in 8pt; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;"><strong><span style="line-height: 150%; color:
  • 1f4e79;">The List of Companies - Europe Cannabis Testing Market</span></strong><span style="line-height: 150%;"><br /></span></span></p><ol style="margin-bottom: 0in; margin-top: 0px;"><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Agilent Technologies, Inc.</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Perkin Elmer, Inc.</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Shimadzu Corporation</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Sciex (Danaher)</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Merck KGaA</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Restek Corporation</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Waters</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Cannasafe Analytics</span></li><li style="line-height: 150%; margin: 0in 0in 0.0001pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Accelerated Technology Laboratories, Inc.</span></li><li style="line-height: 150%; margin: 0in 0in 8pt 0px; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-size: 10.0pt; line-height: 150%; font-family: Verdana, sans-serif;">Digipath Inc.</span></li></ol><p style="line-height: 150%; margin: 0in 0in 8pt; font-size: 11pt; font-family: Calibri, sans-serif;"><span style="font-family: verdana, geneva, sans-serif; font-size: 10pt;"><span style="line-height: 150%;">&nbsp;</span></span></p>
Frequently Asked Questions
How big is the Europe Cannabis Testing Market?

The Europe Cannabis Testing Market is valued at US$ 431.58 Million in 2019, it is projected to reach US$ 770.30 Million by 2027.

What is the CAGR for Europe Cannabis Testing Market by (2020 - 2027)?

As per our report Europe Cannabis Testing Market, the market size is valued at US$ 431.58 Million in 2019, projecting it to reach US$ 770.30 Million by 2027. This translates to a CAGR of approximately 7.7% during the forecast period.

What segments are covered in this report?

The Europe Cannabis Testing Market report typically cover these key segments-

  • Product (Chromatography Instruments, Spectroscopy, Consumables, Software)
  • Service (Potency Testing, Terpene Profiling Testing, Pesticide Screening, Residual Solvent Testing, Heavy Metal Testing, Microbial Analysis, Genetic Testing)
  • End User (Testing Laboratories, Drug Manufacturers, Research Institutes)

What is the historic period, base year, and forecast period taken for Europe Cannabis Testing Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Cannabis Testing Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
    • Who are the major players in Europe Cannabis Testing Market?

    The Europe Cannabis Testing Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Agilent Technologies, Inc.
  • Perkin Elmer, Inc.
  • Shimadzu Corporation
  • Sciex (Danaher)
  • Merck KGaA
  • Restek Corporation
  • Waters
  • Cannasafe Analytics
  • Accelerated Technology Laboratories, Inc.
  • Digipath Inc.
    • Who should buy this report?

    The Europe Cannabis Testing Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Europe Cannabis Testing Market value chain can benefit from the information contained in a comprehensive market report.

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