An estimated 5.4% industry growth in 2020 is predicted to result in total revenues of just over $70 billion globally. In this summary by Lizzie Randall, Scientific Content Developer at The Scott Partnership, of the newly published IBO 2020 Industry Forecast takes a look at the likely drivers of this growth and which sectors are making their mark in the industry....
The legal cannabis market is expected to grow rapidly in North America over the next five years, approaching a quarter of a billion dollars in 2021 (the same value as markets for chocolate or craft beer). The market in California alone is expected to make up more than one-fourth of the total North American market by 2021. One of the requirements for the retail (legal) cannabis market is testing of the product for potency, purity, and other qualities....
Kath Darlington, CEO - Scott Partnership Holdings, highlights some of the key findings from the IBO 2019 Industry Forecast. This annual review and forecast issue examines 2019 growth prospects for analytical instruments. The IBO 2019 Industry Forecast has just been released, and is a great read for all of us who work in and service the global life science and analytical instrument industry....