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The global cannabis testing market is expected to reach USD 1,806 million by 2025 from USD 962 million in 2020, at a CAGR of 13.4% during the forecast period.
The growth in this market is mainly driven by factors such as the legalization of medical cannabis and the growing number of cannabis testing laboratories (specifically in the US), the growing adoption of LIMS in cannabis testing laboratories, and increasing awareness. A lack of uniformity in rules and regulations, high costs, and inadequate personnel are major factors expected to hamper the market growth.
Potency testing services is likely to dominate the services segment during the forecast period.
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Σημαντική ημερίδα από την Ελληνική Εταιρεία Ομοιοπαθητικής Ιατρικής in.gr - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from in.gr Daily Mail and Mail on Sunday newspapers.