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Global Freeze Drying Equipment Market to Expand at 10.50% Cagr Owing to Surging Demand from the Pharmaceuticals Market

  • Date Submitted: 01/06/2016 10:56 PM
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Transparency Market
Research

Freeze Drying Equipment Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast, 2013 – 2019

Published Date
2013-10-04

89 Page Report

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Press Release

Freeze Drying Equipment Market to Reach US$30.98 Billion by
2019 : Transparency Market Research

Freeze Drying Equipment Market

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Freeze Drying Equipment Market

REPORT DESCRIPTION

A study published by Transparency Market Research titled, “Freeze Drying Equipment Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019”. According to the report, global
freeze drying equipment market was valued at US$15.9 billion in 2012 and is expected to reach US$30.98
billion by 2019 at a CAGR of 10.5% during 2013-2019 forecast period.
Browse the full Freeze Drying Equipment Market report at
http://www.transparencymarketresearch.com/freeze-drying-equipment-market.html
Global Freeze drying equipment market is driven by factors such as rising demand from pharmaceutical
industry, growing necessity for food preservation, better properties and quality, huge potential in
taxidermy and eco-friendly burials, and demand for leather and flowers. Relatively higher setup cost for
applications will restrain the freeze drying equipment market.
According to the product types, the freeze drying equipment market is segmented into laboratory, benchtop, general purpose, industrial and mobile freeze-dryers. Industrial freeze dryer showed the highest
demand and was estimated as the largest product segment with 45% of the total revenue market in 2012.
Due to support from ever-growing pharmaceutical and food processing industries, industrial freeze dryer
segment is expected to be a leading product segment at a CAGR of 10.3% during the...

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