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- Chromatography Based Cannabis Market: Report by Type (Liquid Chromatography and Gas Chromatography) and by Application (Pain Management, Seizures and Sclerosis)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 - 2029
Chromatography Based Cannabis Market: Report by Type (Liquid Chromatography and Gas Chromatography) and by Application (Pain Management, Seizures and Sclerosis)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 - 2029
- TBI599115
- July 24, 2020
- Global
- 132 pages
- SAC Insights
Abstract
The report covers forecast and analysis for the global chromatography based cannabis market on a global and regional level. The research report presents a comprehensive valuation of the market, competition, opportunities, emerging trends, and industry-validated market figures. The study provides historic data of 2016 to 2018 along with a forecast from 2019 to 2026 based on volume (Units) and revenue (USD Million).
The global chromatography based cannabis market has a substantial scope in the coming future. The global chromatography based cannabis market is expected to grow at a significant rate within the forecast period. Cannabis is complex natural product that consists of terpenoids, cannabinoids, hydrocarbon, sugar, fatty acid and more. Chromatography is the process of separating as well as purifying the chemical compounds which are used at the time of cannabis testing. Cannabis testing is done to check the quality and efficiency of the cannabis so that it can be used for medical purposes. The global chromatography based cannabis market is anticipated to expand significantly over the forecast years, because of the government interventions and cannabis market getting legalized in most of the areas. The technological advantage, government intervention, and lesser side effects are expected to surge the cannabis market growth over the forecast period. More than 20 states in U.S. have legalized the use of cannabis for medical purpose which is expected to make this market grow at substantial rate over the forecast years.
The chromatography based cannabis market has been segmented on the basis of type and application. Based on type, chromatography based cannabis market is categorized into two types - liquid chromatography and gas chromatography. These two are the cannabis testing process or techniques which are used for quality checkup of cannabis and are further used for medical purposes. These testings involve sample and column preparation, identification of the analyst, identifying concentration and separating analyte. The liquid chromatography identifies and measures compound whereas gas chromatography technique measures volatile terpene constituents in cannabis and residual solvents from cannabis extraction and processes. The usages or applications of chromatography based cannabis market are pain management, seizures, and sclerosis.
The technological advancements, rise in demand and awareness about the benefits of cannabis are expected to drive the cannabis market over the forecast period. An upsurge in demand for medical cannabis is anticipated on account of growing approvals. The first cannabis-based drug was approved by the U.S. government in June 2018 for epilepsy treatment. The GW Pharmaceuticals PLC was the company that had introduced this cannabis-based drug. The global chromatography based cannabis market has been governed by North America on account of legalization of cannabis for medical purposes. The factors which may hamper the growth of the cannabis testing market are huge cost associated with the testing phase and the stringent policies of the government in some parts of the world.
This report segments the global chromatography based cannabis market as follows:
Global Chromatography Based Cannabis Market: Type Segment Analysis
Liquid Chromatography
Gas Chromatography
Global Chromatography Based Cannabis Market: Application Analysis
Pain Management
Seizures
Sclerosis
Global Chromatography Based Cannabis Market: Regional Segment Analysis
North America
U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
Table of Contents
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Chapter 1. Preface
1.1. Report Description and Scope
1.2. Research Scope
1.3. Research Methodulogy
1.3.1. Market Research Process
1.3.2. Market Research Methodulogy
Chapter 2. Executive Summary
2.1. Global Chromatography Based Cannabis Market, 2016–2026 (USD Million)
2.2. Global Chromatography Based Cannabis Market: Snapshot
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