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Freeze-Drying Equipment Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2031

Global Freeze-Drying Equipment Market: By Equipment Type (Bench-top freeze-dryers, Tray-style freeze dryers, Manifold freeze dryers and Others); Scale of Operation (Industrial freeze dryers, Commercial freeze dryers, Laboratory freeze dryers, and Others); Capacity (<10 Kg, 10-150 Kg, 150-500 kg, and Others); Application (Biotechnology, Chemicals & Pharmaceuticals, Food Processing and Packaging, and Others); and Region—Industry Dynamics, Market Size and Opportunity Forecast Until 2031

  • Published Date: 09-Mar-2023  |   Format: pdfpowerpointexcel  |  Report ID: AA0322162
    Delivery: 2 to 4 Hours
INFOGRAPHIC:
Freeze-Drying Equipment Market

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REPORT SCOPE

Report AttributeDetails
Market Size Value in 2022US$ 2,296.9 Mn
Expected Revenue in 2031US$ 5206.6 Mn
Historic Data2018-2021
Base Year2022
Forecast Period2023-2031
UnitValue (USD Mn)
CAGR8.1%
Segments coveredBy Equipment Type, By Scale of Operation, By Capacity, By Application, By Region
Key Companies                                                                                                                         Azbil Corporation, Biopharma Process Systems Ltd., BÜCHI Labortechnik AG, Cryotec Fr, Cuddon Freeze Dry, Freeze Drying Systems Pvt. Ltd., Freezedry Specialties, Inc., GEA Group, HOF Enterprise Group, Industria Macchine Automatiche S.p.A., Labconco Corporation, Lyophilization Systems Ltd., MechaTech Systems Ltd., Millrock Technology, Inc., OPTIMA Packaging Group GmbH, Scala Scientific B.V., Shanghai Tofflon Science Technology Co., Ltd., SP Industries, Inc., Tofflon Science and Technology Co. Ltd, Zirbus Technology GmbH, Other Prominent Players
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FREQUENTLY ASKED QUESTIONS

Freeze-drying is the process of removing ice or other frozen materials by removing water molecules from the products.

The equipment and accessories used in the freeze-drying systems include vacuum systems for removing non-condensable vapors from the system, loading and unloading systems, controlling and monitoring systems for monitoring of dependent parameters, and many more.

Global Freeze-drying market revenue was valued at US$2,296.9 Mn in 2022

Global Freeze-drying market is estimated to grow at a CAGR of 8.1% over the forecast period 2023-2031.

The market is majorly driven by factors such as increasing contract manufacturing and lyophilization services, increasing demand for freeze-drying of new biologic drugs and injectable formulations and rising adoption of freeze-drying technology for delicate and sensitive materials of high value.

Stringent rules and regulations in pharmaceutical and food and beverage industries and the high cost of freeze-drying technology acts as a barrier to the growth of the global freeze-drying market. 

Rising demand for lyophilized products in Middle East and Asia Pacific region is an emerging opportunity in the market for freeze-drying equipment.

The tray style freeze dryer equipment type holds the highest share in the Global Freeze-Drying Equipment Market in 2022.

The food processing and packaging industry is the highest end user of the freeze-drying equipment in 2022.

Asia Pacific dominates the Global Freeze-Drying Equipment Market.

The key players in the Global Freeze-Drying Equipment Market are Azbil Corporation, GEA Group, SP Industries Inc., Optima Packaging Group GmbH, and Industria Macchine Automatiche S.p.A. among others.

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