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Freeze Drying Equipment Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Freeze-Drying Equipment Market- (By Equipment Type - Bench-top freeze-dryers, Tray-style freeze dryers, Manifold freeze dryers and Others; By Scale of Operation - Industrial freeze dryers, Commercial freeze dryers, Laboratory freeze dryers, and Others; By Capacity - <10 Kg, 10-150 Kg, 150-500 kg, and Others; By Application – Biotechnology, Chemicals & Pharmaceuticals, Food Processing and Packaging, and Others; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 07-Mar-2022  |  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 2021US$ 2,118 Mn
Expected Revenue in 2027US$ 3,346.0 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR8.1%
Segments coveredBy Equipment Type, Scale of Operation, Capacity, Application, and Region
Key CompaniesAzbil Corporation, GEA Group, SP Industries Inc., Optima Packaging Group GmbH,  and other prominent players.
Customization ScopeGet your customized report as per your preference. Ask for customization

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$ 2,118 Mn in 2021

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

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 2021.

The food processing and packaging industry is the highest end user of the freeze-drying equipment in 2021.

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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