Netherlands Cannabis Testing Services Market Size & Outlook
Netherlands cannabis testing services market, 2018-2030 (US$M)
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Netherlands Cannabis testing services market insights
- The Netherlands cannabis testing services market generated a revenue of USD 14.0 million in 2023.
- The market is anticipated to grow at a CAGR of 15.8% from 2024 to 2030.
- 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.
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Cannabis Testing Services Market Scope
Cannabis Testing Services Market Companies
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Netherlands 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.
Sale of small quantities of cannabis in the Netherlands is legal. However, the cultivation of more than five cannabis plants for recreational use is illegal. Licensed coffee shops sell small amounts of recreational cannabis to those over 18, but shop owners often rely on the black market for cannabis supplies.
Recently, parliament member Vera Bergkamp put forth the legislation regarding legalization of cannabis cultivation, which was approved in the lower house. However, it is yet to be approved by the upper house of the parliament, with an uncertain result. If the cultivation of cannabis is legalized, the number of cultivators in the Netherlands would increase, reducing end-user dependence on black markets.
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Our clientele includes a mix of cannabis testing services market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Netherlands cannabis testing services market, including forecasts for subscribers. This country databook contains high-level insights into Netherlands cannabis testing services market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Netherlands cannabis testing services market size, by service type, 2018-2030 (US$M)
Netherlands Cannabis Testing Services Market Share, 2023 & 2030 (US$M)
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