Increased Demand for Food Preservation Stimulating Growth in the Global Freeze Drying Equipment Market: Technavio Report

Renewable energy

 

  • The key vendors in the Global Freeze Drying Equipment Market 2015-2019 are Azbil Telstar, GEA AG, IMA S.p.A., Labconco Corp., SP Industries, Inc. and Thermo Fisher Scientific

London, 31 March 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Freeze Drying Equipment Market 2015-2019.   Freeze drying of corpses is one of the key trends being witnessed in this market. The requirements for dehydration and cold storage during the process will drive the demand for freeze drying equipment during the forecast period.  The overall market is expected to grow at a CAGR of 6.39 percent during the forecast period of 2014-2019.

“The demand for packaged and processed food is growing globally because of changing food preferences along with convenience and demand for healthy packaged foods,” says Faisal Ghaus, Vice President of Technavio Research.

“The growing population in the APAC region with rising urbanization in China and India, have resulted in more food processing units being set up, thereby helping the growth of the market.”

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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