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The global freeze drying equipment market size reached approximately USD 2.46 Billion in 2024. The market is further projected to grow at a CAGR of 9.30% between 2025 and 2034, reaching a value of USD 5.99 Billion by 2034.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
9.3%
Value in USD Billion
2025-2034
Freeze Drying Equipment Market Outlook
*this image is indicative*
Global Freeze Drying Equipment Market Report Summary | Description | Value |
Base Year | USD Billion | 2024 |
Historical Period | USD Billion | 2018-2024 |
Forecast Period | USD Billion | 2025-2034 |
Market Size 2024 | USD Billion | 2.46 |
Market Size 2034 | USD Billion | 5.99 |
CAGR 2018-2024 | Percentage | XX% |
CAGR 2025-2034 | Percentage | 9.30% |
CAGR 2025-2034 - Market by Region | Asia Pacific | 10.7% |
CAGR 2025-2034 - Market by Country | India | 12.3% |
CAGR 2025-2034 - Market by Country | China | 10.3% |
CAGR 2025-2034 - Market by Product | Dryer | 10.2% |
CAGR 2025-2034 - Market by Application | Biotechnology | 10.5% |
Market Share by Country 2024 | Germany | 4.6% |
Freeze drying equipment, also known as lyophilisation equipment are used for removing moisture from products to preserve its properties and structure. The freeze drying process extends the shelf life of the product and makes the transportation process more convenient.
The EMR’s report titled “Freeze Drying Equipment Market Report and Forecast 2025-2034” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
Market Breakup by Scale of Operation
Market Breakup by Application
Market Breakup by Region
Food processing applications account for a significant freeze drying equipment market share owing to the rising requirement of the equipment for preservation of food products. The utilisation of freeze drying equipment helps in retaining the flavour as well as the nutritional value of the food products, thus extending their shelf life. The ability of the equipment to cause very little cell damage while maintaining the original shape and size of the food is yet another major factor for the increased demand for food processing applications across the globe.
North America holds a significant share of the market owing to changing food preferences of the consumers and presence of strict food safety and security regulations in the region. The increased demand for easy and quick meals due is another major factor boosting the requirement for freeze drying equipment in North America.
CAGR 2025-2034 - Market by | Country |
India | 12.3% |
China | 10.3% |
USA | 8.3% |
Germany | 7.7% |
Italy | 6.5% |
Canada | XX% |
UK | XX% |
France | XX% |
Japan | 6.4% |
Australia | XX% |
Saudi Arabia | XX% |
Brazil | XX% |
Mexico | XX% |
Additionally, rising investments on the research and development activities in the pharmaceutical sector along with increased healthcare spending and emergence of biosimilars and biologics is supporting the freeze drying equipment market growth in Europe.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
Thermo Fisher Scientific Inc. was founded in 1956 and is headquartered in Massachusetts, United States. The company supplies medical equipment, reagents and consumables, and analytical instruments, among other software and services to help tackle complex analytical challenges in various laboratories.
GEA Group Aktiengesellschaft was established in 1881 and has its headquarters located in Düsseldorf, Germany. The company supplies systems and components to pharmaceuticals and food and beverage industries across the globe.
Azbil Corporation is an automation machinery manufacturing company that was founded in 1906 and is headquartered in Tokyo, Japan. The company specialises in building automation, factory automation, digital transformation, and industrial automation, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other freeze drying equipment market players include Tofflon Science and Technology Co., Ltd., Labconco Corporation, Cuddon Freeze Dry, HOF Sonderanlagenbau GmbH, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock Technology, Inc., Harvest Right, LLC., and OPTIMA packaging group GmbH, among others.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market reached a value of approximately USD 2.46 Billion in 2024.
The market is projected to grow at a CAGR of 9.30% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to reach USD 5.99 Billion by 2034.
The major market drivers include rising investments towards development of freeze drying equipment with advanced features and increasing requirement to extend the shelf life of the food products.
The key trends fuelling the growth of the market include rising demand from pharmaceutical sector and increasing demand for easy and quick meals.
The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The significant products available in the market include dryer and accessories.
The key players in the market are Thermo Fisher Scientific Inc., GEA Group Aktiengesellschaft, Azbil Corporation, Tofflon Science and Technology Co., Ltd., Labconco Corporation, Cuddon Freeze Dry, HOF Sonderanlagenbau GmbH, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock Technology, Inc., Harvest Right, LLC., and OPTIMA packaging group GmbH, among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
REPORT FEATURES | DETAILS |
Base Year | 2024 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product |
|
Breakup by Scale of Operation |
|
Breakup by Application |
|
Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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