Freeze Drying Equipment Market
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Transparency <strong>Market</strong><br />
Research<br />
<strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong> - Global Industry Analysis,<br />
Size, Share, Growth, Trends and Forecast, 2013 – 2019<br />
Published Date<br />
2013-10-04<br />
89 Page Report<br />
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Press Release<br />
<strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong> to Reach US$30.98 Billion by<br />
2019 : Transparency <strong>Market</strong> Research
<strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong><br />
Transparency <strong>Market</strong> Research<br />
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90, State Street, Suite 700.<br />
Albany, NY 12207<br />
United States<br />
www.transparencymarketresearch.com<br />
sales@transparencymarketresearch.com<br />
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<strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong><br />
REPORT DESCRIPTION<br />
A study published by Transparency <strong>Market</strong> Research titled, “<strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong> - Global<br />
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. According to the report, global<br />
freeze drying equipment market was valued at US$15.9 billion in 2012 and is expected to reach US$30.98<br />
billion by 2019 at a CAGR of 10.5% during 2013-2019 forecast period.<br />
Browse the full <strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong> report at<br />
http://www.transparencymarketresearch.com/freeze-drying-equipment-market.html<br />
Global <strong>Freeze</strong> drying equipment market is driven by factors such as rising demand from pharmaceutical<br />
industry, growing necessity for food preservation, better properties and quality, huge potential in<br />
taxidermy and eco-friendly burials, and demand for leather and flowers. Relatively higher setup cost for<br />
applications will restrain the freeze drying equipment market.<br />
According to the product types, the freeze drying equipment market is segmented into laboratory, benchtop,<br />
general purpose, industrial and mobile freeze-dryers. Industrial freeze dryer showed the highest<br />
demand and was estimated as the largest product segment with 45% of the total revenue market in 2012.<br />
Due to support from ever-growing pharmaceutical and food processing industries, industrial freeze dryer<br />
segment is expected to be a leading product segment at a CAGR of 10.3% during the forecast period.<br />
Mobile freeze dryer demonstrated a huge demand in the past few years and is expected to be the fastest<br />
growing segment with a CAGR of 11.1% during 2013-2019 forecast period. Laboratory, general purpose,<br />
and bench-top freeze dryers were the major product segments in the past year and will display growth in<br />
the near future.<br />
The global freeze drying equipment market by application is segmented into pharmaceuticals, food<br />
processing, surgical procedures, biotechnology, and others. Food processing segment was the leading<br />
application segment with a 35% of the total market share in 2012 and is expected to show a substantial<br />
growth in the next few years. Biotechnology is expected to be the fastest growing application at a CAGR of<br />
11.2% between 2012 and 2019. Pharmaceuticals will be another growing application in the next few years<br />
due to increasing demand for production in antibiotics and capsule packaging. Rising demand for umbilical<br />
cords and other techniques from cryo-storage is projected to fuel the surgical procedure application<br />
segment in near future. In addition, taxidermy and eco-friendly burials are expected to show a<br />
considerable growth in the coming years. Other application segments such as floral decorations, leather<br />
preservation, book and record preservation are also expected to show a decent growth during 2013-2019<br />
forecast period.<br />
Browse the full <strong>Freeze</strong> <strong>Drying</strong> <strong>Equipment</strong> <strong>Market</strong> Press Release report at<br />
http://www.transparencymarketresearch.com/pressrelease/freeze-drying-equipmentmarket.htm<br />
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Region-wise, the global freeze drying equipment market is segmented into North America, Europe, Asia<br />
Pacific, and Rest of the world (RoW). North America dominated the global freeze drying market with 30% of<br />
the global revenue market share in 2012. Rising demand for military and aerospace applications and<br />
technological advancement has made North America a leading market for food preservation and<br />
pharmaceuticals. Europe was the second leading market with 28% of total market share in 2012. Due to<br />
rising demand for leather conservation and food, the European market is expected to hold a significant<br />
market share globally in the next few years. New plan establishment and extensive expansions in Asia<br />
Pacific is expected to show the highest growth at a CAGR of 11.2% during 2013 - 2019 forecast period.<br />
The major players in the freeze drying equipment market are GEA Niro, Telstar S.A., Thermo Fisher<br />
Scientific Inc., I.M.A. S.p.A, SP Industries Inc., Labconco Corp., and others.<br />
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http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=596<br />
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