Freeze Drying Market Size, Share, Sales, Analysis, Forecast, Industry Competition & Player Profiles 2022 - 2032
Freeze drying / lyophilization is advancement in conventional dehydration process to preserve food products such as coffee, or fruits like apples for as long as possible. This dehydration process is essential for logistics like transport of perishable food supply. The new process, also known as cryodesiccation, or lyophilisation involves lowering the temperature of food products with freezing the product, and removing the layer of ice with sublimation later.
The high commercial value of agricultural products like Coffee, and Apple makes promises tremendous growth for the freeze-drying / lyophilization amidst rising uncertainty due to coronavirus. For example, Apple is one of the most valuable products, giving rise to household favorites such as Apple pie, in key markets like North America. The Apple sales alone reached over $15.60 bn in 2017. Moreover, the crop has overtaken even the likes of Strawberries in terms of total sales in Italy. The seasonal nature of products, and their high commercial value, and challenges in supply chain promise to drive growth for the freeze-drying / lyophilization market.
Demand from Food Industry Will Remain Robust as Demand for Nutritious Food Continue
The rising demand for nutritious foods and unpredictability of demand in large retail supply chain remains a key factor for the growth of frozen products. The new varieties of the frozen products appeal increasingly to consumers looking for cheap alternatives to store nutrition for a long time. This demand also remains key from fast-food chains, wherein storing foods for a long time is often a necessity, and large investments in storage equipment provide impetus for preserving food for long duration. Products like dried-vegetables, freeze-dried meat, and fish, beverages remain the key produce for retail, and fast-food chains alike. Dried fruits also remain key to growth in the freeze-drying equipment market, despite their niche application to individual consumers, and industries. However, with growing visibility for dried-fruits, this segment will likely pick up growth during the second half of the forecast period.
Pharmaceutical Industry Will Likely Pick up Growth as Therapies for Chronic Illnesses Take Center stage
The pharmaceutical industry is witnessing a strong drive to focus on research, as expiry of important patents, growing competition around the world, and promising prospects for worldwide patents remains a key motivator for growth. Moreover, governments around the world are encouraging the industry for research in both areas like rare diseases, and chronic diseases like cancer, which continue to lead death toll around the world. Recently, the FDA approved a theoretical approval for a wide range of therapies to treat cancers among patients. This will likely boost the application of dried-fruits in pharmaceutical products, as lyophilized drugs continue to increase in participation, thanks to their efficacy, and long-lasting effect.
Tray-Style Freeze Dryers Will Hold Largest Share of Revenues
The freeze-drying equipment market is segmented into tray-style freeze dryers, manifold freeze dryers, and shell freeze dryers. Among these, the tray-style freeze dryers accounted for over 70% of market share, thanks to rising demand from food products, and the pharmaceutical industry. The efficacy of tray-style freeze dryers to freeze products in place, and engage in both bound water removal, and unbound water removal delivers ideal freeze-dried supply of end products. This remains the key impetus for growth in the freeze-drying / lyophilization market.
The key players of this market are Azbil Corporation, Cuddon Freeze Dry, GEA Group Aktiengesellschaft, Harvest Right, HOF Sonderanlagenbau GmbH, Labconco Corporation, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock Technology, Inc., OPTIMA packaging group GmbH , Shanghai Tofflon Science and Technology Co. Ltd., Thermo Fisher Scientific and others.
The study segments the freeze-drying / lyophilization market as follows:
- Tray-style freeze dryers
- Manifold freeze dryers
- Shell (Rotary) freeze dryers
By Scale of Operation
- Industrial-scale lyophilization equipment
- Pilot-scale lyophilization equipment
- Laboratory-scale lyophilization equipment
- By Application
- Food Processing and Packaging
- Pharmaceutical and Biotechnology Manufacturing
- Medical applications
- Loading & Unloading Systems
- Controlling & Monitoring Systems
- Vacuum Systems
- Clean-In-Place (CIP) Systems
- Drying Chambers
- Freeze Drying Trays & Shelves
- Other accessories
- Recent Developments
- North America
- Rest of Europe
- Asia Pacific
- Rest of APAC
- South America
- Rest of South America
- Middle East & Africa
- South Africa
- Saudi Arabia
- Rest of MEA