Freeze Drying Market: Information by Freezer Type (Tray-Style Freeze Dryer, Manifold Freeze Dryer), End-User (Food and Beverage, Pharmaceutical), and Region—Forecast till 2029

Freeze drying, also known as lyophilization, is a process of removing water from a product after it is frozen and placed under a vacuum. This process allows the ice to convert from solid directly to vapor without passing through a liquid phase. The increase in demand for processed food due to hectic...
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Market Snapshot
Study Period:
2017-2029
Base Year:
2021
Fastest Growing Market:
Asia Pacific
Largest Market:
North America
CAGR:
7.1 %
Key Players

Freeze drying, also known as lyophilization, is a process of removing water from a product after it is frozen and placed under a vacuum. This process allows the ice to convert from solid directly to vapor without passing through a liquid phase. The increase in demand for processed food due to hectic work-life balance and an increase in the global female workforce is expected to drive the freeze drying market growth.

Freeze drying is relatively expensive, and the equipment used in these processes is about three times compared to the equipment used in other separation processes. Also, they create high energy demands leading to utility costs. These factors are expected to hinder the market growth during the forecast period.

Segmental Overview

Tray-Style Freeze Dryer Segment to Dominate the Market

The tray freeze-dryers are more sophisticated dryers compared to the counterparts, used to dry a wide array of materials across both the pharmaceutical and food and beverage industry. Tray freeze-dryer allows the product to be frozen in place and performs unbound water removal and bound water removal freeze-drying, thus producing the driest possible end-products in long-term storage. Additionally, these dryers enable the operators to dry products in bulk, hence, widely used for long-term storage pharmaceutical products such as vaccines.

Food and Beverage Segment to Augment the Market Growth

Freeze drying gained popularity in food preservation during the early 2000s. This increase in the demand for the product across the sector can be attributed to three major trends that have reshaped the food and beverage industry in the last two decades.

  • The rising demand for processed food owing to the hectic work schedule of individuals is prompting them to opt for refrigerated, frozen food, and canned food, increasing the demand for freeze drying equipment. According to the American Frozen Food Institute, the U.S. frozen food industry a USD 56.7 billion market in 2018 owing to factors, such as ease of inconvenience, preparation, and time-saving.
  • The growing number of female workforce and nuclear families also contribute to the freeze drying market. Working women get less time for cooking which creates a demand for convenient foods like canned and frozen food. As per the U.S. Bureau of Labor Statistics, the number of the female workforce across the U.S. increased from 49.7% in 2018 to 50.04% in 2019. And a similar trend is being witnessed across the other markets, thus it is expected to increase the demand for processed food and consequently the market growth.
  • One of the key advantages that have driven the demand for freeze drying is its ability to prolong the shelf life of nutritious food ingredients and make food products versatile, accessible, and convenient. The demand for shelf-stable food creates a need for these freeze drying process across the food and beverage sector.

Pharmaceutical Segment to Record Highest Growth

Freeze drying is widely used across the pharmaceutical industry to improve the stability and long-term storage stability of labile drugs, especially protein drugs. Among the list of FDA and EMA-approved biopharmaceutical products, approximately 50% are freeze-dried—this indicates the importance of the freeze-drying process in pharmaceuticals compared to other processes, despite the high cost and long processing time.

Increasing life expectancy, rising investments in R&D activities, surging foreign investments in the developing markets, and increasing customer spending have boosted the growth of the pharmaceutical industry in recent years. And as the prevalence of chronic diseases and obesity is rising at a concerning rate, it is adding to the demand for pharmaceutical products across the market.

According to the statistics represented by the World Health Organization (WHO), in 2016, over 1.9 billion were overweight globally. This causes the prominent players in the pharmaceutical industry to increase their production capacities, which contributes to market growth.

Regional Overview

Developing Food Processing Industry to Drive the Asia-Pacific Market

The Asia-Pacific is expected to be the fastest-growing regional market for freeze drying during the forecast period. This trend in the growth of the regional market can be attributed to the presence of a strong food processing industry. Along with this, the significant rise in the working population and growing base of the female workforce across the developing economies of the regional market like India and China is further creating a robust demand for processed and frozen food products, owing to their busy lifestyle. Therefore, supporting the market growth of freeze drying in the food and beverages market.

The growing regional population, improving consumer spending, busy lifestyles, and rising health awareness has attracted various international players. The regional market players are focusing on expanding their operations on a large scale by adopting business strategies, like mergers, acquisitions, and collaborations. It is expected to unlock the growth potential for the market.

Growing Consumption of Processed and Convenience Food to Boost the North American Market

North America is projected to dominate the global freeze drying market during the forecast period. The growth can be due to the growing consumption of processed and convenience food. The mounting busy lifestyle of inhabitants with the well-established B2B and B2C sales channels in the region have further escalated the demand for this processed food across the market.

North America has the largest pharmaceutical market and is one of the major pharmaceutical exporters in the world. Pharmaceuticals products are prone to degradation when exposed to water and air.The pharmaceutical manufacturers and chemists can extend the shelf life of these products by using freeze-drying and storing it in a container free of oxygen and water. This concern to preserve the pharmaceutical products across the market boosts the regional market growth.

Growing Demand for On-the-Go and Convenience Foods Contribute to European Market

The demand for freeze drying in the European market is driven by the rise in the demand for on-the-go foods combined with a longer shelf life. And as the inhabitants in the region are demanding convenience food it has created a lucrative growth opportunity for the manufacturers and the exporters engaged in the food processing business to expand their business and meet the rising demand. This growth is further supported by the increasing popularity of the product owing to the ability to retain the original flavor and taste of the food product, while also providing a long shelf life. Therefore, further creating a need for freeze drying across the regional market.

Key Players:

  • GEA Group
  • Tofflon Science and Technology Co., Ltd
  • Azbil Corporation
  • Labconco Corporation
  • Shanghai Tofflon Science Technology Co., Ltd.
  • IMA S.p.A.
  • SP Industries, Inc.
  • HOF Enterprise Group
  • Martin Christ Gefriertrocknungsanlagen GmbH
  • Millrock Technology, Inc.
  • OPTIMA Packaging Group GmbH
  • MechaTech Systems Ltd.
  • Cuddon Freeze Dry
  • Freezedry Specialties, Inc.
  • Cryotec Fr
  • Freeze Drying Systems Pvt. Ltd.
  • Lyophilization Systems Ltd.

Freeze Drying Market: Segmentation

By Freezer Type

  • Tray-style Freeze Dryer
  • Manifold Freeze Dryer
  • Shell Freeze Dryer

By End-User

  • Food and Beverage
  • Pharmaceutical
  • Biotechnology
  • Others

By Region

North America

  • The U.S.
  • Canada
  • Mexico

Europe

  • Germany
  • France
  • The U.K.
  • Italy
  • The Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • South Korea
  • Australia
  • The Rest of Asia-Pacific

Central and South America and the Caribbean

  • Brazil
  • Argentina
  • Colombia
  • The Rest of Central and South America and the Caribbean

The Middle East

  • Saudi Arabia
  • The UAE
  • Oman
  • Turkey
  • The Rest of Middle East

Africa

  • Nigeria
  • South Africa
  • The Rest of Africa

Frequently Asked Questions (FAQs)

GEA Group, Tofflon Science and Technology Co., Ltd, Azbil Corporation, Labconco Corporation, Shanghai Tofflon Science Technology Co., Ltd., IMA S.p.A., SP Industries, Inc., HOF Enterprise Group, Martin Christ Gefriertrocknungsanlagen GmbH, Millrock Technology, Inc. are the top players in Freeze Drying Market.
Pharmaceutical Application Segment is expected to be the leading segment in Freeze Drying Market during the forecast period.
Asia Pacific is expected to hold the highest market share in Freeze Drying Market.
The increase in demand for processed food due to hectic work-life balance and an increase in the global female workforce, increasing life expectancy, rising investments in R&D activities, surging foreign investments in the developing markets are the key factors expected to drive Freeze Drying Market during the forecast period.
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