Freeze Drying Equipment Market

Freeze Drying Equipment Market Outlook (2023 to 2033)

During the projected period (2023 to 2033), the global freeze-drying equipment market is expected to grow at a CAGR of 7.1%. The freeze-drying equipment market size is projected to grow from USD 4,331.0 million in 2023 to USD 8,599.7 million by the end of 2033.

Increasing utilization of freeze-drying equipment in surgical operations, leather preservation, and flower preservation is one of the major factors that is likely to boost the market during the projected period. Rising demand from clients for custom-built food items has also led to the surging use of freeze-drying equipment in the food processing industry. Additionally, the need for freeze-drying equipment is being fueled by rapid urbanization and the rising consumption of preserved food items.

To preserve and store pharmaceutical goods, freeze-drying has become the industry standard in both the biotechnology and pharmaceutical sectors. Additionally, various items are cooled by using freeze dryers in the pharmaceutical sectors. They require a high-pressure vacuum in order to remove water vapor.

Furthermore, the physical structure of medications is preserved as during this procedure, delicate biological products and heat-sensitive pharmaceuticals are dried at moderate temperatures. Antibodies and emergency vaccinations are also made with these processed materials.

Freeze-drying equipment is anticipated to be widely used in the military and defense industry. The plasma that has been freeze-dried is being used more and more on the battlefield. Military medical personnel utilized conventional blood products in the past to treat injured personnel during emergencies. It took a long time since extra equipment like refrigerators was needed. Plasma, on the other hand, can be utilized easily to heal wounds prior to evacuation since it is frozen.

Moreover, the increasing need for lyophilization and contract manufacturing services across the globe is projected to bode well for the global freeze-drying equipment market in the next ten years. Demand for lyophilized products is set to grow at a fast pace in the next decade as these are extensively used for the manufacturing of new injectable formulations and biological drugs.

Lyophilization equipment is mainly used for the preservation of numerous food products such as meat, fruits, herbs, vegetables, fish, ice creams, food flavorings, and coffee. Freeze-dried food items do not need to be preserved with chemicals or refrigerated. These can be easily reconstituted by adding water.

Increasing demand for frozen food items due to changing lifestyles and the high disposable income of consumers is likely to push the global freeze-drying equipment market. In April 2022, for instance, Prasuma, a leading chilled meat and frozen food brand based in India, launched mutton & chicken seekh kebabs, chicken nuggets, mutton & chicken shammi kebabs, veg & chicken mini samosas, and veg & chicken spring rolls to expand its portfolio of frozen food.

Attributes	Market Insights
Global Freeze Drying Equipment Market Estimated Size (2023E)	USD 4,331.0 Million
Projected Market Valuation (2033F)	USD 8,599.7 Million
Value-based CAGR (2023 to 2033)	7.1%

2018 to 2022 Global Freeze Drying Equipment Market Outlook Compared to 2023 to 2033 Demand Forecast

During the historical period from 2018 to 2022, the global freeze-drying equipment market exhibited steady growth at a CAGR of 5.4%. The market is projected to grow at a considerable pace in the next ten years on the back of the rising usage of freeze-dried food products by military personnel and astronauts. Growth is mainly attributed to the difficulty of carrying conventional dry food items.

High temperatures used can lead to physical or chemical changes in food items, for instance. Their overall quality will also not remain on par with freeze-dried food products. In May 2021, for instance, Sow Good Inc., a food products start-up based in Irving, introduced Sow Good, its new direct-to-consumer (DTC) freeze-dried consumer packaged goods (CPG) food brand.

The company uses state-of-the-art freeze-drying technology to eliminate water from fruits and vegetables. Thus, similar cutting-edge technology developments by key companies and start-up firms worldwide are expected to boost the global freeze-drying equipment market to 7.1% in the forecast period.

Country-wise Insights

How are USA-based Freeze Drying Equipment Companies Progressing?

Need for Products with Long Shelf Life to Spur Sales of Food Freeze Dryer Machines in the USA

The freeze-drying equipment market in the USA is estimated to be worth about USD 1,060.2 million and holds nearly 68% of the share in North America during the evaluation period, says FMI. Increasing demand for on-the-go snacks is likely to push manufacturers to distribute their frozen food items across the USA

Also, the rapid expansion of the food processing and pharmaceutical industries in the country is projected to aid growth in the freeze-drying equipment market. As freeze-drying equipment helps in extending the shelf life of frozen food items, these products are set to gain high popularity in the USA

Why is the UK Exhibiting High Demand for Freeze Drying Equipment?

Rising Sanitation Standards in the UK to Foster Sales of Commercial Freeze Dryers

In the next ten years, it is expected that the UK will create an absolute dollar opportunity of USD 366.8 Million. As per FMI, the country is likely to generate nearly 22% of the share in the Europe freeze-drying equipment market by the end of 2033.

The market in the UK is anticipated to grow steadily as demand for freeze-drying equipment is increasing with rapid urbanization and the booming food industry. Household consumption is also one of the major factors responsible for driving the freeze-drying equipment market in the country. Furthermore, advancements in the freeze-drying equipment sector such as merging all process equipment into one to save human labor and increasing sanitation standards, are projected to propel the market.

How Will Freeze Drying Equipment Companies Enter the Emerging Nation of China?

Surging Snack Consumption in China to Push the Demand for Food Drying Equipment

According to FMI, the China freeze-drying equipment market is set to be worth over USD 304.9 Million, accounting for 32% of the Asia Pacific market in the forecast period. This growth is attributed to the rising population with a wide range of socioeconomic and cultural characteristics.

Furthermore, as western countries have increased their investments in the country to expand the food industry, demand for freeze-drying equipment has also surged. It has also led to the advancement of production levels and a reduction of the overall processing time.

In addition, market expansion has been aided by rapid population growth and increasing awareness about the availability of high-quality biological products. The presence of numerous renowned producers, particularly in China is another vital factor that would bode well for the market. Furthermore, due to rising snack consumption in urban areas and the increased need for processed food products, the China freeze-drying equipment market is expected to develop at a fast pace.

Category-wise Insights

Which is the Leading Application of Freeze Drying Equipment?

Food Processing Industry to Extensively Utilize Lyophilization Equipment by 2033

Based on application, the food processing segment is set to remain at the forefront in the global freeze drying equipment market during the evaluation period. Lyophilization is extensively used as a preservation technique in the food processing industry as it retains the flavor and nutritional value of various food items. Many food ingredients are also expected to be freeze-dried to extend their shelf life, which is further projected to drive the use of this technology in the food processing industry.

Competitive Landscape

The global freeze-drying equipment market is highly fragmented with the presence of a large number of small- and large-scale companies. They are mainly focusing on mergers and acquisitions with local players to co-develop innovative products and distribute them across the globe. Meanwhile, a few other key companies are engaging in collaborations with international firms and start-ups to develop new production facilities in untapped areas.

For instance,

• Bench-top lab freeze dryer Lyoquest Arctic was introduced in January 2022 by Azbil Technology (Japan).
• Martin Christ Gefriertrocknunsanlagen GmbH (German) and Scanning ELECTRON MICROSCOPE AMERICAS partnered in June 2021. In this partnership, Martin Christ will deliver Elementar Americas' product line across the USA as its sales, service, and support partner.
• In July 2021, Millrocks Technology, Inc. and Pardue University agreed to create real-time sensing devices, computational modeling, and bioanalytical tools for closed-loop pasteurization. As a result of this partnership, at LyoHub at Pardue's Discovery Park, researchers are employing Millrock's freeze-drying technology as part of an NSF project.

Scope of the Freeze Drying Equipment Market Report

Attribute	Details
Estimated Market Size (2023)	USD 4,331.0 Million
Projected Market Valuation (2033)	USD 8,599.7 Million
Value-based CAGR (2023 to 2033)	7.1%
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	Value (USD Million)
Key Regions Covered	North America; Latin America; Europe; Asia Pacific; Oceania; Middle East & Africa (MEA)
Key Countries Covered	The USA, Canada, Mexico, Germany, The UK, France, Italy, Spain, China, Japan, India, South Korea, Australia, Brazil, Argentina, South Africa, UAE
Key Segments Covered	Product TypeType, Application, Region
Key Companies Profiled	GEA Group Aktiengesellschaft; Azbil Corporation; Tofflon; Industria Macchine Automatiche S.p.A.; SP Industries, Inc.; HOF Sonderanlagenbau Group; Labconco; Martin Christ Gefriertrocknungsanlagen GmbH; Millrock Technology, Inc.; OPTIMA Packaging Group GmbH; BÜCHI Labortechnik AG; Scala Scientific; Zirbus Technology GmbH; Biopharma Process Systems Ltd.; MechaTech Systems Ltd.; Cuddon Freeze Dry; Freezedry Specialties, Inc.; Cryotec; Freeze Drying Systems Pvt. Ltd; Lyophilization Systems India Pvt. Ltd.
Report Coverage	Market Forecast, Company Share Analysis, Competitive Landscape, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives

Freeze Drying Equipment Market Outlook by Category

By Product Type:

• Bench Top Freeze Dryers
• Laboratory Freeze Dryers
• Mobile Freeze Dryers
• General Purpose Freeze Dryers
• Industrial Freeze Dryers
• Others

By Application:

• Biotechnology
• Pharmaceuticals
• Food Processing
• Surgical Procedures
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa (MEA)

Frequently Asked Questions

How big is the global freeze drying equipment market?

The freeze-drying equipment market size is expected to reach USD 4,331.0 Million by the end of 2023.

At what rate is the freeze drying equipment market expected to rise?

The freeze-drying equipment market is expected to rise at a CAGR of 7.1% during the forecast period.

Which are the major countries driving demand in the freeze drying equipment market?

The USA, China, the UK, Germany, and Mexico are the major countries driving demand in the freeze-drying equipment market.

Who are the top 5 players operating in the freeze drying equipment market?

Clextral, GEA Group, Buhler AG, N.P. & Company, Inc., and Kiremko B.V. are expected to be the top players driving the freeze drying equipment market.

What is the demand outlook forecast for the freeze drying equipment market?

The global freeze-drying equipment market is expected to surpass USD 8,599.7 Million by the end of 2033.