Global Freeze Drying Industry valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2025. The Freeze Drying Industry is continuously growing in the global scenario at significant pace. Freeze Drying also known as lyophilization or cryodesiccation. Freeze drying is a low temperature dehydration process which involves freezing the product, lowering pressure them removing the ice by sublimation. This is in contrast to dehydration by most conventional methods that evaporate water using heat. Surging demand from pharmaceutical sector for new biologic drugs & injectable formulations, constant growth in contract manufacturing & lyophilization services worldwide, rapid technological advancements of lyophilization methods and greater adoption of process analytical technology are the substantial driving factors of the Industry during the forecast period. Moreover, increasing focus of pharmaceutical manufacturers on emerging Industrys is the major factors that likely to create numerous opportunity in the near future. Further, Freeze Drying offers several benefits such as ability to customize to unique needs & project goals, improve prolonged shelf life of the product and so on. With these benefits demand for Freeze Drying is increasing across the globe. However, failure to meet the CGMP regulatory guidelines set by regulatory bodies considering the recall of lyophilized products and increasing utilization of alternative drying technique in the pharmaceutical & biotechnology industry are anticipated to restrain the growth of the Industry during the forecast period.
The regional analysis of Global Freeze Drying Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of Industry share due to rising adoption of freeze drying process in the region. Europe is estimated to grow at stable growth rate in the global Freeze Drying Industry over the upcoming years due to presence of leather tanneries. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to rapid growth in pharmaceutical & biotech industries across the region.
The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
Freeze Drying Industry Share and Size by 2019-2025
Freeze Drying Market Segmentation:
Controlling & Monitoring Systems
By Scale of Operation:
Industrial Scale Freezer Dryers
Pilot Scale Freezer Dryers
Lab Scale Freezer Dryers
Tray Style Freezer Dryers
Manifold Freezer Dryers
* North America
- Rest of Europe
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
Major Market Players in Freeze Drying Market are as follows:
Chaucer Foods Ltd.
European Freeze Dryers APS
GEA Group AG
SP Industries Inc.
Z-SCI Biomedical Group