North America Freeze Drying Equipment Market Size & Outlook
North America freeze drying equipment market, 2018-2030 (US$M)
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North America freeze drying equipment market highlights
- The North America freeze drying equipment market generated a revenue of USD 621.5 million in 2022.
- The market is expected to grow at a CAGR of 8.1% 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, Canada is expected to register the highest CAGR from 2023 to 2030.
North America data book summary
| Market revenue in 2022 | USD 621.5 million |
| Market revenue in 2030 | USD 1,160.0 million |
| Growth rate | 8.1% (CAGR from 2022 to 2030) |
| Largest segment | Industrial freeze dryers |
| Fastest growing segment | Mobile freeze dryers |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Bench top freeze dryers, Laboratory freeze dryers, Mobile freeze dryers, General purpose freeze dryers, Industrial freeze dryers |
| Key market players worldwide | GEA 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, North America region accounted for 35.7% 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 Scope
Freeze Drying Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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North America 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 35.72% in 2022. Horizon Databook has segmented the North America 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 North America freeze drying equipment market databook
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Our clientele includes a mix of freeze drying equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America freeze drying equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America freeze drying equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America freeze drying equipment market size, by country, 2018-2030 (US$M)
North America Freeze Drying Equipment Market Outlook Share, 2022 & 2030 (US$M)
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