Freeze Drying Equipment Market Size, Share & Trend Analysis Report By Product Type, By Application Type, By Region, And Segment Forecasts, 2019 - 2025

Published: Feb, 2019 | Pages: 104 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global freeze drying equipment market size is anticipated to reach USD 2.77 billion by 2025, according to a study conducted by Grand View Research, Inc., progressing at a CAGR of 8.7% during the forecast period. Introduction of new injectable formulations and biologic drugs along with upswing in the demand for custom-built food industry have bolstered market growth. Furthermore, the market is also driven by expansion of the biotechnology industry and growing focus of pharmaceutical manufacturers on emerging markets.

Growing interest of biotechnology industry participants in freeze drying equipment in regions such as Asia Pacific and Latin America is projected to drive the market. Additionally, development of biosimilar and vaccines in developing regions and shift of various biopharmaceuticals manufacturing industries from developed to developing regions is poised to drive the market in these regions. Additionally, various key players are aiming towards marking their market presence by acquiring small scale equipment manufacturers present in developing countries to gain a competitive edge. This is also stoking the growth of the market.

Furthermore, mobile freeze dryers are poised to witness significant growth over the forecast period owing to their portability & ease of use. Additionally, these products maintain original structure & quality of products for prolonged duration. Thus, the market is likely to witness lucrative growth in the biotechnology sector due to increasing demand for storage of umbilical cords which are further used in surgeries. Moreover, food processing is expected to be one of the major application areas since freeze drying equipment preserve & extend shelf life and makes food products convenient to transfer.

However, higher set up & maintenance cost is estimated to hinder market growth. Increasing demand from various biotechnology and pharmaceutical companies for refurbished systems is anticipated to restraint market growth. Additionally, key players are engaged in introducing innovative products in the market to maintain their market presence and shares. Thus, introduction of new technologies and innovations is projected to boost the growth of the market.

Further key findings from the study suggest:

• Mobile freeze dryers are likely to emerge as the fastest-growing segment over the forecast period owing to their efficiency of reducing moisture

• The biotechnology industry is expected to be the most promising application segment during the forecast period. The growth of the segment can be attributed to benefits offered by the product such as reduced water fraction, high temperature tolerant, and product stabilization

• Asia Pacific is estimated to register the highest CAGR of 11.5% over the forecast period owing to presence of various biotechnological & pharmaceutical industries in countries including India and China

• The market is highly consolidated with presence of several well-established players. Key companies include Tofflon Science and Technology Co., Ltd, GEA Group, Labconco Corporation, and Azbil Corporation. Collaborations and mergers are key growth strategies undertaken by market players to sustain competition.

 Table of Contents

Chapter 1. Methodology and Scope
                  1.1. Research Methodology
                  1.2. Research Scope & Assumptions
                  1.3. List of Data Sources
                  1.4. List of Abbreviations

Chapter 2. Executive Summary
                  2.1. Freeze Drying Equipment Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                  2.2. Freeze Drying Equipment Market, 2014 - 2025

Chapter 3. Freeze Drying Equipment Industry Outlook
                  3.1. Market Segmentation
                  3.2. Value Chain Analysis
                  3.3. Market Dynamics
                      3.3.1. Market driver analysis
                      3.3.2. Market restraint analysis
                      3.3.3. Market opportunity analysis
                  3.4. Penetration & Growth Prospects Mapping
                  3.5. Industry analysis - Porter's
                      3.5.1. Supplier Power
                      3.5.2. Buyer Power
                      3.5.3. Substitution Threat
                      3.5.4. Threat from new entrant
                      3.5.5. Competitive rivalry
                  3.6. PEST analysis
                      3.6.1. Political Landscape
                      3.6.2. Environmental Landscape
                      3.6.3. Social Landscape
                      3.6.4. Technology Landscape

Chapter 4. Freeze Drying Equipment Market: Product Outlook
                  4.1. Freeze Drying Equipment Market Estimates & Forecasts, By Product, 2018 & 2025 (USD Million)
                  4.2. Bench Top Freeze Dryers
                      4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      4.2.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  4.3. Laboratory Freeze Dryers
                      4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      4.3.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  4.4. Mobile Freeze Dryers
                      4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      4.4.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  4.5. General Purpose Freeze Dryers
                      4.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      4.5.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  4.6. Industrial Freeze Dryers
                      4.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      4.6.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  4.7. Others
                      4.7.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      4.7.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)

Chapter 5. Freeze Drying Equipment Market: Application Outlook
                  5.1. Freeze Drying Equipment Market Estimates & Forecasts, By Application, 2018 & 2025 (USD Million)
                  5.2. Biotechnology
                      5.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      5.2.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  5.3. Pharmaceuticals
                      5.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      5.3.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  5.4. Food Processing
                      5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      5.4.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  5.5. Surgical Procedures
                      5.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      5.5.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)
                  5.6. Others
                      5.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million) 
                      5.6.2. Market estimates and forecasts, by region, 2014 - 2025 (USD Million)

Chapter 6. Freeze Drying Equipment Market: Regional Outlook
                  6.1. Freeze Drying Equipment Market Estimates & Forecasts, By Region, 2018 & 2025 (USD Million)
                  6.2. North America
                      6.2.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.2.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                      6.2.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.2.4. U.S.
                          6.2.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.2.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.2.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.2.5. Canada
                          6.2.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.2.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.2.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                  6.3. Europe
                      6.3.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.3.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                      6.3.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.3.4. U.K.
                          6.3.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.3.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.3.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.3.5. Germany
                          6.3.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.3.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.3.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.3.6. France
                          6.3.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.3.6.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.3.6.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                          6.3.6.4. Market estimates and forecasts, by containment, 2014 - 2025 (USD Million)
                          6.3.6.5. Market estimates and forecasts, by structure, 2014 - 2025 (USD Million)
                  6.4. Asia Pacific
                      6.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                      6.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.4.4. China 
                          6.4.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.4.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.4.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.4.5. India 
                          6.4.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.4.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.4.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.4.6. Japan 
                          6.4.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.4.6.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.4.6.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                  6.5. Latin America
                      6.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                      6.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.5.4. Brazil
                          6.5.4.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.5.4.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.5.4.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                      6.5.5. Mexico
                          6.5.5.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                          6.5.5.2. Market estimates and forecasts, by product, 2014 - 2025 (USD Million)
                          6.5.5.3. Market estimates and forecasts, by application, 2014 - 2025 (USD Million)
                  6.6. Middle East & Africa
                      6.6.1. Market estimates and forecasts, 2014 - 2025 (USD Million)
                      6.6.2. Market estimates and forecasts, by product 2014 - 2025 (USD Million)
                      6.6.3. Market estimates and forecasts, by application 2014 - 2025 (USD Million)

Chapter 7. Competitive Landscape
                  7.1. Azbil Corporation
                      7.1.1. Company overview
                      7.1.2. Financial performance
                      7.1.3. Product benchmarking
                      7.1.4. Recent developments
                  7.2. Cuddon Freeze Dry
                      7.2.1. Company overview
                      7.2.2. Financial performance
                      7.2.3. Product benchmarking
                      7.2.4. Recent developments
                  7.3. GEA Group Aktiengesellschaft
                      7.3.1. Company overview
                      7.3.2. Financial performance
                      7.3.3. Product benchmarking
                      7.3.4. Recent developments
                  7.4. Harvest Right
                      7.4.1. Company overview
                      7.4.2. Financial performance
                      7.4.3. Product benchmarking
                      7.4.4. Recent developments
                  7.5. HOF Sonderanlagenbau GmbH
                      7.5.1. Company overview
                      7.5.2. Financial performance
                      7.5.3. Product benchmarking
                      7.5.4. Recent developments
                  7.6. Hitachi, Ltd.
                      7.6.1. Company overview
                      7.6.2. Financial performance
                      7.6.3. Product benchmarking
                      7.6.4. Recent developments
                  7.7. Labconco
                      7.7.1. Company overview
                      7.7.2. Financial performance
                      7.7.3. Product benchmarking
                      7.7.4. Recent developments
                  7.8. Martin Christ Gefriertrocknungsanlagen GmbH
                      7.8.1. Company overview
                      7.8.2. Financial performance
                      7.8.3. Product benchmarking
                      7.8.4. Recent developments
                  7.9. Millrock Technology, Inc.
                      7.9.1. Company overview
                      7.9.2. Financial performance
                      7.9.3. Product benchmarking
                      7.9.4. Recent developments
                  7.10. Optima Packaging Group GmbH
                      7.10.1. Company overview
                      7.10.2. Financial performance
                      7.10.3. Product benchmarking
                      7.10.4. Recent developments
                  7.11. Shanghai Tofflon Science and Technology Co., Ltd.
                      7.11.1. Company overview
                      7.11.2. Financial performance
                      7.11.3. Product benchmarking
                      7.11.4. Recent developments
                  7.12. SP Industries
                      7.12.1. Company overview
                      7.12.2. Financial performance
                      7.12.3. Product benchmarking
                      7.12.4. Recent developments

List of Tables

TABLE 1 Global freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 2 Global freeze drying equipment market by region, 2014 - 2025 (USD Million)
TABLE 3 Global freeze drying equipment market by product, 2014 - 2025 (USD Million)
TABLE 4 Global freeze drying equipment market by application, 2014 - 2025 (USD Million)
TABLE 5 Global bench top freeze dryers market, 2014 - 2025 (USD Million)
TABLE 6 Global bench top freeze dryers market, by region 2014 - 2025 (USD Million)
TABLE 7 Global laboratory freeze dryers market, 2014 - 2025 (USD Million)
TABLE 8 Global laboratory freeze dryers market, by region, 2014 - 2025 (USD Million)
TABLE 9 Global mobile freeze dryers market, 2014 - 2025 (USD Million)
TABLE 10 Global mobile freeze dryers market, by region 2014 - 2025 (USD Million)
TABLE 11 Global general purpose freese dryers market, 2014 - 2025 (USD Million)
TABLE 12 Global general purpose freese dryers market, by region 2014 - 2025 (USD Million)
TABLE 13 Global industrial freeze dryers market, 2014 - 2025 (USD Million)
TABLE 14 Global industrial freeze dryers market, by region 2014 - 2025 (USD Million)
TABLE 15 Global other freeze dryers market, 2014 - 2025 (USD Million)
TABLE 16 Global other freeze dryers market, by region 2014 - 2025 (USD Million)
TABLE 17 Global freeze drying equipment demand in biotechnology, 2014 - 2025 (USD Million)
TABLE 18 Global freeze drying equipment demand in biotechnology, by region 2014 - 2025 (USD Million)
TABLE 19 Global freeze drying equipment demand in pharmaceuticals, 2014 - 2025 (USD Million)
TABLE 20 Global freeze drying equipment demand in pharmaceuticals, by region 2014 - 2025 (USD Million)
TABLE 21 Global freeze drying equipment demand in food processing, 2014 - 2025 (USD Million)
TABLE 22 Global freeze drying equipment demand in food processing, by region 2014 - 2025 (USD Million)
TABLE 23 Global freeze drying equipment demand in surgical procedures, 2014 - 2025 (USD Million)
TABLE 24 Global freeze drying equipment demand in surgical procedures, by region 2014 - 2025 (USD Million)
TABLE 25 Global freeze drying equipment demand in others, 2014 - 2025 (USD Million)
TABLE 26 Global freeze drying equipment demand in others, by region 2014 - 2025 (USD Million)
TABLE 27 North America freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 28 North America freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 29 North America freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 30 U.S. freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 31 U.S. freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 32 U.S. freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 33 Canada freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 34 Canada freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 35 Canada freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 36 Europe freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 37 Europe freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 38 Europe freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 39 U.K. freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 40 U.K. freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 41 U.K. freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 42 Germany freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 43 Germany freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 44 Germany freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 45 France freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 46 France freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 47 France freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 48 Asia Pacific freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 49 Asia Pacific freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 50 Asia Pacific freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 51 China freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 52 China freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 53 China freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 54 India freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 55 India freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 56 India freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 57 Japan freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 58 Japan freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 59 Japan freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 60 Latin America freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 61 Latin America freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 62 Latin America freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 63 Brazil freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 64 Brazil freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 65 Brazil freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 66 Mexico freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 67 Mexico freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 68 Mexico freeze drying equipment market, by application, 2014 - 2025 (USD Million)
TABLE 69 Middle East & Africa freeze drying equipment market, 2014 - 2025 (USD Million)
TABLE 70 Middle East & Africa freeze drying equipment market, by product, 2014 - 2025 (USD Million)
TABLE 71 Middle East & Africa freeze drying equipment market, by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Freeze drying equipment - Key regional takeaways
FIG. 2 Market segmentation
FIG. 3 Freeze drying equipment - Market size and growth prospects, 2014 - 2025 (USD Million)
FIG. 4 Freeze drying equipment - Value chain analysis
FIG. 5 Freeze drying equipment - Market driver relevance analysis (Current & future impact)
FIG. 6 Freeze drying equipment - Market restraint/challenge relevance analysis (Current & future impact)
FIG. 7 Freeze drying equipment - Market opportunity relevance analysis (Current & future impact)
FIG. 8 Penetration & growth prospect mapping
FIG. 9 Freeze drying equipment - Porter's five forces analysis
FIG. 10 Freeze drying equipment - Company market share analysis, 2018
FIG. 11 Freeze drying equipment - PEST analysis
FIG. 12 Freeze drying equipment market share, by product, 2018 & 2025
FIG. 13 Freeze drying equipment market share, by application, 2018 & 2025
FIG. 14 Freeze drying equipment market share, by region, 2018 & 2025