Press release
Global Freeze-Drying Market Size & Growth Analysis Report, 2021-2027
The global Freeze-Drying Market is estimated to grow $3.1 billion in 2027 from $2.0 billion in 2020, growing at a CAGR of 6.6% during the forecast period (2021-2027). Freeze-drying or lyophilization is a water/moisture removal technique typically used to preserve food, pharmaceutical products such as vaccines, biologics, enzymes, and other perishable products. Freeze-drying technology is gaining momentum due to the rising biotechnology market coupled with growing pharmaceutical, and food, and beverage industries. Pharmaceutical products such as probiotics, oil-based supplements, soft gel, certain vaccines, enzymes, insulin, labile blood products, biotechnology products, and so on are sensitive to elevated temperatures and need freeze-drying technology. Geographically, the US and Europe are expected to contribute the highest in the global freeze-drying market. Europe has a significant contribution to vaccine production. According to IIR (International Institute of Refrigeration) 2016, European vaccine manufacturers contribute over 80% of the global vaccines. As per World Health Organization (WHO), some medicines may require (-20-degree Celsius temperature) that creates demand for freeze-drying technology.To Request a Sample of our Report on Global Freeze-Drying Market: https://www.omrglobal.com/request-sample/freeze-drying-market
Growing Demand for Global Freeze-Drying Market
Import and export of lyophilized products have been increased significantly over the years, giving rise to the demand for freeze-drying technology across the globe. Regions such as the US, Canada, France, Germany, China, and India have significant contributions towards the import and export of lyophilized products. Freeze-drying technology is gaining momentum in the pharmaceutical and biotechnology industries. According to the Gulf Cooperation Council (GCC), pharmaceutical companies are growing significantly and are expected to become the next generation of competitors in the contract manufacturing market. Contract manufacturing in the pharmaceuticals sector is creating considerable demand for freeze-drying components and machines across the Middle East and Asia-Pacific region. Growing global and regional demand for sensitive and high-value material and products in the pharmaceutical and biotechnology sectors will further create opportunities for the freeze-drying market. The growing healthcare expenditures in the GCC and significant rise in imports and export creates significant opportunity for the Middle East and Asia-Pacific pharmaceutical companies such as Bioxell.
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A full Report of Global Freeze-Drying Market is Available at: https://www.omrglobal.com/industry-reports/freeze-drying-market
Scope of the Global Freeze-Drying Market
Market Coverage
• The market number available - 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- By Type, By Technology, By Scale of Operation
• Regions Covered- North America (the US and Canada), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of World
• Competitive Landscape- Freezedry Specialties, Inc, Gea Group Ag, I.M.A. Industria Macchine Automatiche S.P.A., Martin Christ Gefriertrocknungsanlagen, Millrock Technology, Inc., Tofflon Science and Technology Co., Ltd.
Recent Strategic Initiatives in the Global Freeze-Drying Market
• Optima Packaging Group Gmbh has concentrated on the development of ultra-low temperature-related technology, freeze-drying technology, and high vacuum-related technology for over 20 years challenging the ultimate technology.
Global Freeze-Drying Market -Segmentation
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
Global Freeze-Drying Market – Segment by Country
North America
• US
• Canada
Europe
• UK
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• Azbil Corporation
• Canagra Technologies Inc.
• Chaucer Foods Ltd
• European Freeze Dry Aps
• Freezedry Specialties, Inc
• Gea Group Ag
• HOF Prüfsysteme Gmbh
• I.M.A. Industria Macchine Automatiche S.P.A.
• Labconco Corporation
• Martin Christ Gefriertrocknungsanlagen
• Millrock Technology, Inc.
• Optima Packaging Group Gmbh
• Sp Industries, Inc.
• Shandong Leader Machinery Co., Ltd.
• Tofflon Science and Technology Co., Ltd
• Z-Sc1 Biomedical Corp
Reasons to Buying From us –
1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/freeze-drying-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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