The global Freeze-Drying Market is anticipated to create lucrative growth opportunities over the forecast period by exhibiting a CAGR of around 8.5% from 2022 to 2032. The global market reached a valuation of around US$ 1.1 Billion in 2022 and is expected to be worth around US$ 2.5 Billion by the year 2032. Dryers as products are likely to dominate the global market by accounting for a total share of around 67.7%. According to Future Market Insights, the global sales of the freeze-drying market expanded at a CAGR of 7.4% from 2012 to 2021. The market value for freeze drying was approximately 17.2% of the overall US$ 6.0 Billion of the global lyophilization equipment market in 2021.
Water is sublimated throughout the freeze-drying process by directly transforming from solid (ice) to vapor, skipping the liquid state and further being reabsorbed from the “dry” layer. This process is utilized to stabilize quality food, biological components, and medications comprising proteins, vaccines, microbes, and animal cells. The technique preserves the dried product’s biological, dietary, and organoleptic qualities.
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In order to elevate the stability of long-term storage, freeze-drying is frequently utilized to turn solutions of unstable compounds into solid form by eliminating the solvent, typically water. Freeze-drying is commonly viewed as being specifically challenging to design and scale up from the lap to the industry. In addition to that, at present, freeze-drying is a crucial industry method utilized in the pharmaceutical and biotechnology industries to effectively stabilize and store pharmaceutical drugs. Furthermore, freeze dryers are utilized in the pharmaceutical industry to decrease product temperature.
Compelling Market Trends:
Free freeze-drying can efficiently store human tissues and organs, a potential class of mammalian cells known as mesenchymal stem cells (MSCs). Furthermore, it has been demonstrated that MSCs are able to generate cells that fully resemble muscle, fat, bone, and cartilage when grown in particular settings.
The perseveration of mammalian cells with the help of alternative methods, including lyophilization or freeze drying, is known as one of the latest research areas in the field of cryobiology. Desiccation and freeze-drying are combined with specific protective chemicals, and they appear to be promising methods for preserving mammalian cells, including MSCs.
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Technologies such as freeze-drying machines are likely to reduce the cost of preservation by storing it in a dry place at room temperature. This is anticipated to simplify the sample storing process and dissemination. Existing protocols must be revised to efficiently enhance the cell viability rates through the utilization of these technologies. This gives the major players in the freeze-drying industry a favorable outlook for future market growth.
Growth Drivers:
In order to efficiently promote the consumption of fruits, the food production industry has witnessed an impressive opportunity to create innovative, nutritious fruit-based products. Furthermore, as consumers become more and more conscious of the advantages of eating healthily, they desire a propelling number of new, inventive, and ready-to-eat healthy items.
The rapid commercialization of freeze-dried dry fruits-based products is likely to offer two vital things. A way to offer microbiologically stable products due to their low water activity and solutions to complications related to the short shelf life of fruits and their seasonality.
Restraints:
Freeze-drying is considered a complicated process because each stage of the process including freezing, sublimation, desorption, and reconstitution – can place different strains on a product and affect how well or poorly the final product performs.
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Despite its benefits, freeze-drying considers one of the highest energy consumption rates because of the lengthy drying times. The prices of freeze drying are accelerating as compared to other alternative dehydration methods like spray drying, which is proven to be more affordable and produce goods of similar quality.
Competitive Landscape:
In order to remain competitive in the market, the global participants are significantly contributing to the market growth through the implementation of various tactics including mergers and acquisitions, partnerships, and new product launches.
Key Companies Profiled:
- Azbil Corporation
- Zirbus Technology GmbH
- HOF Sonderanlagenbau GmbH
- Millrock Technology, Inc.
- Cryotec.Fr
- MechaTech Systems Ltd.
- SP Industries, Inc.
- Martin Christ Gefriertrocknungsanlagen GmbH
- Cuddon Freeze Dry
- Neologic Engineers Private Limited
- Labconco Corporation
- BÜCHI Labortechnik AG
- Yamato Scientific America Inc.
Key Market Segments Covered in Freeze Drying Industry Research
By Product:
- Dryer
- Tray-style dryers
- Rotary Freeze Dryers
- Manifold Freeze Dryers
- Accessories
- Drying Chamber
- Vacuum System
- CIP (Clean-in-place) Systems
- Other Accessories
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By Scale of Operations:
- Pilot-scale
- Laboratory-scale
- Industrial-scale
By Distribution Channel:
- Biopharmaceutical Companies
- Food and Beverage Companies
- Academic and Research Institutes
- CRO & CMO
- Hospitals
- Research Laboratories
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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