Freeze-Drying Equipment Market Share, Size, Growth And Opportunity 2023-2028
According to the latest report by IMARC Group “Freeze-Drying Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027“, The global freeze-drying equipment market size reached US$ 2.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.1 Billion by 2027, exhibiting a growth rate (CAGR) of 7.77% during 2022-2027.
Freeze-drying equipment is used to remove water molecules from a material through the processes of sublimation and desorption. It helps maintain the original appearance and properties and does not cause shrinkage and hardening of the material as compared to other dehydrating methods that rely on higher temperatures. At present, it is widely used in the food and beverage (F&B) industry to preserve the taste and aroma of perishable products across the globe.
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Market Trends:
The growing geriatric population and increasing prevalence of diseases are catalyzing the demand for freeze-drying equipment in the pharmaceutical industry to extend the shelf life of thermally sensitive and thermolabile substances, such as proteins, microbes, tissues, and plasma. This represents one of the primary factors positively influencing the market worldwide. In addition, the freeze-drying method removes water and reduces the weight of food, making it easier to store and transport. This, coupled with hectic working schedules, rising disposable incomes, and the increasing consumption of convenience food, is creating a positive market outlook. Furthermore, increasing investments in research and development (R&D) activities for introducing more advanced processes that combine freeze-drying technology with electron microscopy, biochemistry, and sophisticated surgery is anticipated to drive the market in the coming years.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Dryer Type:
- Tray Style Freeze Dryers
- Manifold Freeze Dryers
- Rotary Freeze Dryers
Breakup by Scale of Operation:
- Industrial Scale Freeze Dryer
- Pilot Scale Freeze Dryer
- Laboratory Scale Freeze Dryer
Breakup by Application:
- Food Processing and Packaging
- Pharmaceutical and Biotechnology
- Biomedical Engineering
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Azbil Corporation
- Cuddon Freeze Dry
- GEA Group Aktiengesellschaft
- Harvest Right
- HOF Sonderanlagenbau GmbH
- Labconco Corporation
- Martin Christ Gefriertrocknungsanlagen GmbH
- Millrock Technology, Inc.
- OPTIMA packaging group GmbH
- Shanghai Tofflon Science
- Technology Co. Ltd.
- Thermo Fisher Scientific.
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