Sets Cannabis Testing Market Size

Cannabis Testing Market size was over USD 7.8 Billion in 2023 and is poised to reach USD 27.6 Billion by the end of 2036, growing at around 13.5% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of cannabis testing is estimated at USD 9.5 Billion.

The reason behind the growth is the rising cases of contamination in the air globally and the rising use of cannabis testing. According to the World Health Organization, many regions of the world still have dangerously high levels of air pollution. In 2023, 9 out of 10 individuals breathe air that contains high levels of contaminants, according to new statistics from the WHO. According to updated estimates, indoor and outdoor air pollution claim the lives of an astounding 7 million people annually.