The global Freeze-Drying Market is anticipated to grow at a CAGR of 7.5% during the forecast period. Freeze-drying covers various accessories and equipment required for carrying out lyophilization of different materials and substances in both pharmaceutical and biotech markets. The freeze-drying market is mainly driven due to the significant adoption of freeze-drying products in varied domains including pharmaceuticals, dairy plants, fruits storage, and other cold storages across the globe. The other factors that are propelling the market growth including increasing demand for food preservation, and technology advancement.
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The global rise in import and export of lyophilized products are also driving the market. Furthermore, growth in contract manufacturing and contract lyophilization services in the pharmaceutical industry is projected to provide ample growth opportunities to the market. On the other hand, the increasing utilization of alternative drying techniques to reduce the operational cost, energy consumption, capital investment, in the pharmaceutical and biotechnology industries are the factor that is restraining the market growth.
A Full Report of Global Freeze-Drying Market is Available at: https://www.omrglobal.com/industry-reports/freeze-drying-market
Market Coverage
- The market number available for – 2020-2027
- Base year- 2020
- Forecast period- 2021-2027
- Competitive Landscape- Azbil Corp., GEA Group AG, Labconco Corp., I.M.A. Industria Macchine Automatiche S.P.A., Shanghai Tofflon Science and Technology Co. Ltd, SP Industries Inc., and others.
Global Freeze-Drying Market Report Segment
By Type
- Vacuum Systems
- Loading and Unloading
- Controlling and Monitoring Systems
- Manifolds
- Clean in Place Systems
- Drying Chambers
- Other Freeze-Drying Accessories
By Technology
- Tray Style Freeze Dryers
- Manifold Freeze Dryers
By Scale of Operation
- Industrial Scale Freeze Dryers
- Pilot Scale Freeze Dryers
- Lab Scale Freeze Dryers
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
