Lyophilization Market Value Will Reach $5,125 Million by 2019 - Report by MarketsandMarkets
(PRWEB) January 22, 2015 -- The lyophilization equipment market is highly diversified and competitive with key market players driving the growth using strategies such as new product & technology launches and expansions of their business operations so as to meet the consumer demand. The leading players actively invest in R&D to introduce innovative lyophilization equipment with automation system. The key driving factors for the lyophilization equipment market include rapid development in food processing and pharmaceutical industries.
The report Lyophilization Market - Global Trends & Forecast to 2019 defines and segments the lyophilization market on the basis of various equipment types, applications, and regions with analyses and projections of the market size of each of these segments in terms of value and volume. It also identifies the driving and restraining factors for the lyophilization market with analyses of the trends, opportunities, burning issues, and winning imperatives.
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The core strengths of the key players in this market are their strong and innovative product & technology and their geographically diverse businesses, large distribution networks, and cross-selling marketing strategies. The market leaders such as GEA Group (Germany) and Azbil Corporation (Japan) and IMA S.p.A. (Italy) have successfully tapped the potential markets. The key companies focus on introducing and offering a wide range of lyophilization equipment in the market so as to maintain their market position.
Browse 87 market data tables and 69 figures spread through 161 pages and in-depth TOC.
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Lyophilization or freeze-drying is the process of dehydrating a product, by the conversion of water from the solid state to a gaseous state without going through a liquid state under vacuum pressure, to increase its shelf-life. The whole process takes place through the lyophilization equipment, also known as freeze dryer or lyophilizer.
Lyophilization or freeze drying is a method of removing solvent mostly water from a substance for prolonged storage without disrupting its physical integrity. This process is used in various industries such as food, pharmaceutical, and biotechnology to extend the shelf-life of the products and increase stability. Growing application of lyophilization for food preservation and rising demand for lyophilized pharmaceutical products are contributing to an increase in the adoption of lyophilization equipment, globally.The lyophilization market by equipment is driven by the increasing demand for lyophilized pharmaceutical products and preservation of food products.
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