Europe Freeze Drying Equipment Market Size & Outlook

The freeze drying equipment market in Europe is expected to reach a projected revenue of US$ 826.3 million by 2030. A compound annual growth rate of 7.9% is expected of Europe freeze drying equipment market from 2023 to 2030.

Revenue, 2022 (US$M)
$448.3
Forecast, 2030 (US$M)
$826.3
CAGR, 2023 - 2030
7.9%
Report Coverage
Europe

Europe freeze drying equipment market highlights

  • The Europe freeze drying equipment market generated a revenue of USD 448.3 million in 2022.
  • The market is expected to grow at a CAGR of 7.9% from 2023 to 2030.
  • In terms of segment, industrial freeze dryers was the largest revenue generating product in 2022.
  • Mobile freeze dryers is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Italy is expected to register the highest CAGR from 2023 to 2030.


Europe data book summary

Market revenue in 2022USD 448.3 million
Market revenue in 2030USD 826.3 million
Growth rate7.9% (CAGR from 2022 to 2030)
Largest segmentIndustrial freeze dryers
Fastest growing segmentMobile freeze dryers
Historical data covered2018 - 2021
Base year for estimation2022
Forecast period covered2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBench top freeze dryers, Laboratory freeze dryers, Mobile freeze dryers, General purpose freeze dryers, Industrial freeze dryers
Key market players worldwideGEA Group AG, Azbil Corp, Hitachi Ltd, Shanghai Tofflon Science And Technology, Cuddon, Labconco, Harvest Right, HOF Sonderanlagenbau


Other key industry trends

  • In terms of revenue, Europe region accounted for 25.8% of the global freeze drying equipment market in 2022.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 982.4 million by 2030.

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Freeze Drying Equipment Market Companies

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Europe freeze drying equipment market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to freeze drying equipment market will help companies and investors design strategic landscapes.


Industrial freeze dryers was the largest segment with a revenue share of 35.58% in 2022. Horizon Databook has segmented the Europe freeze drying equipment market based on bench top freeze dryers, laboratory freeze dryers, mobile freeze dryers, general purpose freeze dryers, industrial freeze dryers covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Europe freeze drying equipment market databook

  • Our clientele includes a mix of freeze drying equipment market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe freeze drying equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Europe freeze drying equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Europe freeze drying equipment market size, by country, 2018-2030 (US$M)

Europe Freeze Drying Equipment Market Outlook Share, 2022 & 2030 (US$M)

Europe freeze drying equipment market size, by country, 2018-2030 (US$M)

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