The global freeze drying equipment market is projected to reach USD 3,817.3 million by 2028, growing at a CAGR of 7.7%. Increasing adoption of automated loading and unloading systems, progression in contract manufacturing and lyophilization services, growing cognizance concerning benefits of the product, for instance improved efficiency pertaining to desiccant drying and air-drying are some of the factors driving the growth of the global freeze drying equipment market.
Adroit Market Research report on global freeze drying equipment market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global freeze drying equipment market have been studied in detail.
Freeze-drying or lyophilisation is an effective way of drying materials without harming them. It makes use of the physical phenomenon of sublimation, which involves the direct transition between the solid state and the gaseous state without passing through the liquid phase. To achieve this, the frozen product is dried under vacuum, without being allowed to thaw out.
The global freeze drying equipment market is categorized based on product, scale of operation and application. On the basis of product, the market is segmented into tray style freeze dryers, manifold freeze dryers and rotary freeze dryers. The manifold freeze dryers is expected to grow at a highest CAGR during the forecast period. They are commonly used for relatively small volumes and products with high eutectic and collapse temperatures.
Asia Pacific is the largest market for freeze drying equipment, and is also set to grow at a highest CAGR due to swift growth in pharmaceutical and biotech industries. Key players of the global freeze drying equipment market include Tofflon Science and Technology Co., Ltd., IMA S.p.A., GEA Group, Azbil Corporation, SP Industries Inc., Labconco Corporation, Optima Packaging Group GmbH, HOF Enterprise Group, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock technology, Inc. among others.
Key segments of the global freeze drying equipment market
Product Overview, 2018-2028 (USD Million)
- Tray style freeze dryers
- Manifold freeze dryers
- Rotary freeze dryers
Scale of Operation Overview, 2018-2028 (USD Million)
- Bench top
- Pilot scale
- Industrial scale
Application Overview, 2018-2028 (USD Million)
- Food processing
Regional Overview, 2018-2028 (USD Million)
- North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of MEA