Freeze Drying Equipment Market Report

Freeze Drying Equipment Market Report, By Type (Tray-Style Freeze Dryers, Manifold Freeze Dryers and Shell (Rotary) Freeze Dryers), Scale Of Operation (Pilot-Scale Lyophilization Equipment, Industrial-Scale Lyophilization Equipment, Laboratory - Scale Lyophilization Equipment), Application (Medical Applications, Pharmaceutical & Biotechnology Manufacturing, Food Processing & Packaging), Accessories and Geography – Global Market Share, Trend Analysis & Forecast , 2019 - 2028

Report Code : 11368 | Publish Date : Upcoming | Industry : Machinery_Equipment | Geography : Global


COVID-19 Impact Analysis on Global Freeze drying equipment Market

The exclusive COVID-19 impact analysis report by Axiom MRC provides a 360 degree analysis of micro and macro-economic factors on the global Freeze drying equipment market. In addition, complete analysis of changes on the global Freeze drying equipment market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. During COVID-19 pandemic, global freeze drying equipment market was extremely affected due to supply chain distribution, which has certainly affected the market growth to major extend.

Market Overview- Global Freeze drying equipment Market

Market Drivers 

Freeze dryers are used for the preservation of various food products such as fruits and vegetables, meat, fish, herbs and food flavorings, ice cream and coffee. Freeze-dried foods do not require refrigeration or chemical preservation and can be quickly and easily reconstituted by adding water. Another major benefit of freeze drying food is its ability to produce clean, whole, nutritious food ingredients with significantly extended shelf life (making food products versatile and accessible). The use of freeze-dried foods is increasing for astronauts and military personnel due to major drawbacks associated with traditional drying methods. For example, the high temperatures used can cause chemical or physical changes in food products, and their overall quality is not comparable to that of freeze-dried food products. The benefits of new freeze drying equipment along with innovation are expected to drive the growth of this market.

Market Opportunity

Biosimilars are expected to fuel the growth of the biotech industry over the next decade. This is because, most of the biosimilars are expected to lose their patents in the coming years. An increasing number of biosimilars are being marketed as a cost-effective alternative to biopharmaceutical drugs for a wide range of chronic diseases. Growing research and development and the emergence of biosimilars will drive the market for freeze-dried biologicals and biopharmaceuticals. In recent years, more than 30% of parenteral drugs approved by the US FDA were freeze-dried drugs. Soon, more than half of all injectable drugs will need to be freeze-dried, which will further increase the demand for freeze-drying solutions in the pharmaceutical industry. This is a huge opportunity for the growth of global freeze drying equipment market.

Market Restraints

The global freeze drying equipment market is expected to have market restraints like high energy consumption, high operating cost, long processing time, high capital investment and many more. Therefore, due to the capital intensive nature of this process, food, biotech and pharmaceutical companies are looking for an alternative. The spray drying market, which is an alternative to freeze drying, is growing rapidly and may slow down the growth of this market. Still, the freeze drying market is the best among all the alternatives and is used by others due to the biologically active products, stable operation and longer shelf life. These factors are expected to create hurdles for the market growth during the forecast period. 

Market Growth Challenges

The major growth challenge for the market is maintaining optimum moisture levels and also the product quality. The freeze drying process often does not achieve the desired level of moisture removal; products are contaminated by the presence of excessive amounts of moisture and can pose potential threats to patients receiving these products. Furthermore, the removal of excess moisture can cause product instability, resulting in a loss of integral structure and biological activity. Accuracy in reaching the desired moisture content is therefore essential to avoid contamination of food and pharmaceutical products. The difficulty in achieving these desired humidity levels is a major challenge for producers.

Cumulative Growth Analysis

The report provides in-depth analysis of global freeze drying equipment market, market size, and compound annual growth rate (CAGR) for the forecast period of 2022-2028, considering 2021 as the base year. With increasing demand for various freeze drying equipment in various applications  has led the increasing demand for  market and is expected to witness the growth at a  specific CAGR from 2022-2028. 

Market Segmental Overview

The global freeze drying equipment market comprises of different market segments like type, scale of operation, application, accessories and geography. 

Freeze drying equipment Market by Type 

By type, the freeze drying equipment includes key segments of tray-style freeze dryers, manifold freeze dryers and shell (rotary) freeze dryers. The tray-style freeze dryers segment is likely to have growing demand in the market. The growth of this market is largely driven by factors such as growing demand for contract manufacturing and contract freeze-drying in the pharmaceutical industry, growing use of labile drugs, and growing demand for freeze-dried food products. Tray freeze dryers are also larger than manifold and rotary freeze dryers, allowing them to dry products in a large amount.

Freeze drying equipment Market by Scale of Operation    

By scale of operations, the freeze drying includes the segments of pilot-scale lyophilization equipment, industrial-scale lyophilization equipment, and laboratory-scale lyophilization equipment. The industrial-scale lyophilization equipment is anticipated to lead in the growth of the global freeze drying equipment market for the forecast period. The growth of the segment of industrial-scale lyophilization equipment is driven by various factors like the high quality provided by the equipment in co-relation with the process requirements. Technological advancements in pilot-scale lyophilization and laboratory-scale lyophilization is expected to improve the growth rate in the respective equipment types.

Freeze drying equipment Market by Application

The freeze drying equipment market finds its major applications in medical applications, pharmaceutical and biotechnology manufacturing, food processing and packaging and others. The food processing and packaging application has registered as a major market and is expected to maintain its dominance over the estimated time period. Freeze-drying is widely used as a food preservation technique as it preserves the nutritional value and taste of food. This is an important factor driving the growth of the market. Food ingredients are also freeze-dried to extend shelf life, further encouraging the use of this technology in food processing. Also, due to advancements in technology, medical applications, pharmaceutical and biotechnology manufacturing, is likely to have positive growth over the forecast period. 

Freeze drying equipment Market by Accessories

By accessories, the freeze drying includes the segments of controlling and monitoring systems, loading & unloading systems, manifolds, clean-in-place systems, vacuum systems, freeze drying trays & shelves, drying chambers and others. The loading & unloading systems segment is expected to grow at the highest rate during the forecast period. The strong growth of this segment is due to technological advancements in freeze-drying equipment, reduced cycle times and improved productivity, as well as the implementation of aseptic conditions to comply with cGMP regulations. The segments of manifolds, clean-in-place systems, and vacuum systems are also expected to grow at a healthy growth rate during the forecast period.

Freeze drying equipment Market by Geography

The global Freeze drying equipment market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW). Asia Pacific is anticipated to lead in the Freeze drying equipment market during the forecast period (2022-2028).  The large growth rate of the Asia Pacific segment can be attributed to the growing number of investments in this region, the growth in R&D spending and the geographic expansion of freeze drying equipment companies in this region. Furthermore, the presence of the major players in the freeze drying market in the APAC region and the expansion of the manufacturing units of the major pharmaceutical companies in this region are expected to drive the growth of the market in this region over the forecast period Likewise, Europe followed by North America are contributing healthy growth in the market during the estimated time period. 

Competitive Landscape Analysis

The competitive landscape analysis of Freeze drying equipment market is majorly focused on expanding the global growth of freeze drying equipment with new product launches, partnership/ agreement and merger & acquisitions which has boosted the market growth at highest pace. Besides, presence of wide range of manufacturers operating in the market offers range of products in different applications to fulfill the required demand has further contributed healthy growth in the market. 

The key players studied in market are GEA Group, Shanghai Tofflon Science Technology Co., Ltd., Azbil Corporation, Cuddon Freeze Dry, Millrock Technology Inc, Martin Christ Gefriertrocknungsanlagen GmbH, OPTIMA Packaging Group, Biopharma Process Systems Ltd., MechaTech Systems Ltd., Labconco, Cuddon Freeze Dry, Freeze Drying Systems Pvt. Ltd., Cryotec Fr, ZIMBUS Technology GmbH, Lyophilization Systems Ltd., Hosokawa Micron B.V, Freezedry Specialties, Inc. among others.

Recent Development:

March 2020: Azbil Corporation (Japan) had announced the launch of Bench-top laboratory freeze dryer—Lyoquest Arctic.

September 2019: SP Industries (US) had announced the launch of freeze dryer’s series named LyoConstellation.

Freeze drying equipment Market Summary

Freeze drying is the process of storing products for a longer period of time by eliminating the moisture process. The global freeze drying equipment market comprises of different market segments like type, scale of operation, application, accessories and geography. By type, the freeze drying equipment includes key segments of tray-style freeze dryers, manifold freeze dryers and shell (rotary) freeze dryers. The tray-style freeze dryers segment is likely to have growing demand in the market. By scale of operations, the freeze drying includes the segments of pilot-scale lyophilization equipment, industrial-scale lyophilization equipment and laboratory-scale lyophilization equipment. The industrial-scale lyophilization equipment is anticipated to lead in the growth of the global freeze drying equipment market for the forecast period. The freeze drying equipment market finds its major applications in medical applications, pharmaceutical and biotechnology manufacturing, food processing and packaging and others. The food processing and packaging application has registered as a major market and is expected to maintain its dominance over the estimated time period. By accessories, the freeze drying includes the segments of controlling and monitoring systems, loading & unloading systems, manifolds, clean-in-place systems, vacuum systems, freeze drying trays & shelves, drying chambers and others. The loading & unloading systems segment is expected to grow at the highest rate during the forecast period. The global Freeze drying equipment market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW).  

Scope of the Report:

  • Market Sizing for Year : 2021-2028
  • Base Year : 2021
  • Forecast Period : 2022-2028
  • Value : USD million 
  • Market Segment studied: Type, Scale of Operation, Form, Application, Accessories and Geography.
  • Market Players and its Competitors: GEA Group, Shanghai Tofflon Science Technology Co., Ltd., Azbil Corporation, Cuddon Freeze Dry, Millrock Technology Inc, Martin Christ Gefriertrocknungsanlagen GmbH, OPTIMA Packaging Group, Biopharma Process Systems Ltd., MechaTech Systems Ltd., Labconco, Cuddon Freeze Dry, Freeze Drying Systems Pvt. Ltd., Cryotec Fr, ZIMBUS Technology GmbH, Lyophilization Systems Ltd., Hosokawa Micron B.V, Freezedry Specialties, Inc. among others.

FAQ Section-

1) What would be forecast period in the market report?

Ans. 2022-2088 is the forecast period in the market report.

2) Who are the leading players in the Freeze drying equipment market?

Ans. The key players studied in market are GEA Group, Shanghai Tofflon Science Technology Co., Ltd., Azbil Corporation, Cuddon Freeze Dry, Millrock Technology Inc, Martin Christ Gefriertrocknungsanlagen GmbH, OPTIMA Packaging Group, Biopharma Process Systems Ltd., MechaTech Systems Ltd., Labconco, Cuddon Freeze Dry, Freeze Drying Systems Pvt. Ltd., Cryotec Fr, ZIMBUS Technology GmbH, Lyophilization Systems Ltd., Hosokawa Micron B.V, Freezedry Specialties, Inc. among others.

3) Which region is gaining majority of market share during the forecast period (2022-2028)? 

Ans. Asia Pacific is expected to gain major market share during the forecast period (2022-2028).