Freeze Drying is also termed as lyophilisation or cyrodessication It is a dehydration process that is typically used to preserve a perishable material or making the material more comfort for transport
The freeze drying market size is expected to see rapid growth in the next few years. It will grow to $11.25 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%.
The global freeze drying equipment market is projected to reach USD 3,817.3 million by 2028, growing at a CAGR of 7.7%. Increasing adoption of automated loading and unloading systems, progression in contract manufacturing and lyophilization services, growing cognizance concerning benefits of the product, for instance improved efficiency pertaining to desiccant drying and air-drying are some of the factors driving the growth of the global freeze drying equipment market.