Europe Cannabis Testing Services Market Size & Outlook
Europe cannabis testing services market, 2018-2030 (US$M)
Related Markets
Europe Cannabis testing services market insights
- The Europe cannabis testing services market generated a revenue of USD 188.5 million in 2023.
- The market is anticipated to grow at a CAGR of 20.5% from 2024 to 2030.
- Germany cannabis testing services market was the largest revenue contributor in Europe in 2023.
- In terms of segment, potency testing was the largest segment in 2023.
- Potency Testing is the most lucrative product segment registering the fastest growth during the forecast period.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cannabis Testing Services Market Scope
Cannabis Testing Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe cannabis testing services market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cannabis testing services market will help companies and investors design strategic landscapes.
The Europe cannabis testing services market is exhibiting lucrative growth owing to increasing demand and availability of a greater variety of cannabis products. Many companies are seeking to enter into the growing cannabis market in Europe.
For instance, in 2019, Canopy Growth, a Canadabased cannabis company, acquired Cafina, a producer, distributor, & exporter of cannabis in Spain. It is one of the three companies authorized for cannabis operations in Spain. This acquisition would help Canopy Growth create a strong foothold in Spain cannabis market.
Furthermore, in 2019, Flowr Group, a Canadian company, acquired Portugal’s cannabis cultivator, Holigen. This acquisition made Flowr Group one of the top cultivators in Europe. Increase in such strategic mergers and acquisitions by leading companies in Europe is expected to propel the market growth significantly in the coming years.
Reasons to subscribe to Europe cannabis testing services market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Europe cannabis testing services market databook
-
Our clientele includes a mix of cannabis testing services market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cannabis testing services market, including forecasts for subscribers. This continent databook contains high-level insights into Europe cannabis testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Europe cannabis testing services market size, by country, 2018-2030 (US$M)
Europe Cannabis Testing Services Market Share, 2023 & 2030 (US$M)
Related regional statistics
No records
No related regions found.
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
