Press release
Eco-Friendly Burials and Taxidermy will Encourage Global Freeze Drying Equipment Market’s Growth
Demand for Freeze Drying Equipment to Surge across Biotechnology Sector
Among the major applications of the global freeze drying equipment market, the food packaging industry accounts for a majority share in the market. The market players are registering an increasing demand for freeze dryers of varying capacities and high level of performance from the food processing and pharmaceutical industries. In the pharmaceutical sector, freeze dryers are majorly used for the storage of antibiotics and capsule packaging. However, in the coming years, the biotechnology segment is anticipated to significantly contribute towards the growth of the market, expanding at a CAGR of 11.20% during the forecast period.
Get Sample Report Copy :
http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=596
In terms of product sales, North America accounts for one-third of the global freeze drying equipment market. However, the market players are shifting their focus on Asia Pacific with the rapid growth of the food processing and pharmaceutical sectors in the region. During the forecast period, Asia Pacific is pegged to be the fastest growing region in the market.
High Installation Cost to Restrict Growth of Global Freeze Drying Equipment Market
The rapid expansion of the pharmaceutical and food processing industries has propelled the demand for freeze drying equipment. Freeze drying offers better properties and quality in terms of air-drying and desiccant drying, and hence, is preferred across a wide range of applications including surgical procedures, flower preservation, and leather preservation. All these factors have supported the growth of the global freeze drying equipment market.
However, the high installation cost of freeze drying equipment is a major hiccup in the growth of the market. The market has a significant potential to grow in taxidermy and eco-friendly burials. Furthermore, the market players are exploring the applications of freeze drying equipment across various sectors. “Freeze drying equipment can be also used in the leather tanning process, as implemented in leather tanneries in Europe,” cites a TMR analyst.
The global freeze drying equipment market is projected to expand at a CAGR of 10.50% during the period between 2013 and 2019. The overall market was valued at US$15.9 bn in 2012 and is expected to be worth US$30.98 bn by the end of 2019.
About Us :
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Contact Us :-
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Eco-Friendly Burials and Taxidermy will Encourage Global Freeze Drying Equipment Market’s Growth here
News-ID: 452263 • Views: …
More Releases from TMR
Emerging Opportunities in Logistics Market with Current Trends Analysis
The global Logistics market is estimated to attain a valuation of US$ 15,273.21 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 4.5% during the forecast period, 2019-2027.
The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the…
Energy Measurement IC Market is expected to reach US$ 8.39 Bn by the end of 2031
According to a Transparency Market Research (TMR) research report, the global energy measurement ic market is likely to expand at a CAGR of 7.4% during the forecast period, 2022 to 2031. This suggests that the market is expected to reach US$ 8.39 Bn by the end of 2031.
The study on the energy measurement ic market adopts rigorous and systematic research approaches to understand the growth dynamic of the market. The…
STATCOM UPS Market to Register Double Digit Growth Rate of 16% CAGR by 2024
Over the last decade, rising number of industries and utilities are opting for static synchronous compensator or STATCOM UPS instead of static VAR compensator or SVC UPS. Low harmonic emission coupled with high speed of response is accentuating the expansion of India STATCOM UPS market now and in times to come. Playing a crucial role in voltage control and compensation of reactive power, STATCOM UPS is likely to keep its…
Thin Wafer Processing and Dicing Equipment Market US$692.5 mn by 2024 - TMR
Transparency Market Research (TMR) estimates that the global thin wafer processing and dicing equipment market has a highly consolidative landscape. Disco Corp. accounted for largest share of 56.4% in 2015 and likely to be dominant in the coming years. This is creating monopoly in the thin wafer processing and dicing equipment market in terms of competitive presence. The other key players such as EV Group, Plasma-Therm LLC, Lam Research Corp,…
More Releases for Freeze
Freeze Dried Corn Market
Freeze Dried Corn Market Outlook and Investment Analysis
1. What is the current outlook for the Freeze Dried Corn market and its growth potential?
The Freeze Dried Corn market has shown a consistent upward trend due to the increasing demand for convenient, long shelf-life, and nutrient-preserving food products. As consumer preferences shift toward healthy snacks and processed foods with extended shelf life, the market is expected to grow significantly in the coming…
Global Freeze-dried Fruits and Vegetables Market Reached 27,896.13 USD Million i …
The global Freeze-dried Fruits and Vegetables Market size reached 27,896.13 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 46,167.97 USD Million by 2032, exhibiting a growth rate (CAGR) of 6.50% during 2025-2032
The global market research report for Freeze-dried Fruits and Vegetables presents a thorough examination of the market environment. This includes a detailed evaluation of prominent industry leaders, pricing patterns, as well as the broader factors…
How to Use Freeze Dryer to Freeze-Dry Meat Products?
As global supply chain disruptions and food safety concerns intensify, freeze-dried meat has become an increasingly popular choice among consumers. Freeze-drying technology plays a crucial role in this process by efficiently removing moisture from the meat, significantly extending its shelf life while retaining its original nutrients and flavor. Today, whether for emergency food supplies, outdoor adventures, or the health food market, demand for freeze-dried meat is rapidly rising. The widespread…
How does a freeze dryer work and Operating procedure of freeze dryer
Freeze-drying operates on the principle of sublimating solvents from solid samples directly into gas in a vacuum, achieving drying. As it dries samples at or even below room temperature, it preserves their biological activity, rendering them porous and easily soluble. Thus, freeze-drying is an excellent method for preserving bioactive samples.
Operating Procedure of Freeze Dryer [https://www.bothsh.com/vacuum-freeze-dryer-manufacturer/]:. Pre-freezing Preparation:
1.Place the material evenly on the material tray, ensuring a thickness not exceeding 10mm.…
Small Batch Freeze Dryer Market: Increasing Demand for Small-scale Freeze Drying …
Global Small Batch Freeze Dryer Market Overview:
The Small Batch Freeze Dryer market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Small Batch Freeze Dryer market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and…
Freeze Drying Equipment Market Developments Plans, and Forecast till 2027 | Cryo …
Astute Analytica's recent research report includes a thorough analysis of the top participants in the worldwide Freeze Drying Equipment Market including their corporate identities and business strategies. This enables the report's purchaser to get a thorough picture of the competitive landscape and develop market strategies accordingly.
The global freeze drying equipment market size will grow from US$ 2,118 Million in 2021 to US$ 3,346.08 Million by the year 2027. The…
