European Freeze Drying Market Size, Share & Trends Analysis Report by Accessories and Equipment (Vacuum Systems, Loading And Unloading, Controlling And Monitoring Systems, Manifolds, Clean In Place Systems, Drying Chambers and Others) By Technology (Tray Style Freeze Dryers and Manifold Freeze Dryers) By Scale of Operation (Industrial Scale Freeze Dryers, Pilot-Scale Freeze Dryers and Lab Scale Freeze Dryers) Forecast period (2019-2025).
The European Freeze Drying market is anticipated to grow at a CAGR 7.0% during the forecast period. European Union is one of the unique economic and political unions between countries that together cover most of the continent. According to the International Monetary Fund, the GDP of the European Union was $18.8 trillion in 2018, representing around 22% of the global economy. The major countries which contribute to the economy of the European Union are UK, France, Germany, Italy, and Spain. Europe is estimated to share significantly in the global freeze-drying market owing to increased demand for convenience food. Freeze-drying food products involve the removal of water from frozen foods. Commercially produced packets and tins of frozen-dried foods require rehydration first prior to their consumption. The removal of water from foods makes frozen-dried foods lightweight and convenient for travel. Therefore, rising millennials is one of the major factors that drive the demand for convenience food in this fast-paced world.
European freeze drying market is segmented on the basis of accessories and equipment, technology and scale of operation. Based on accessories and equipment, the market is segmented into vacuum systems, loading and unloading, controlling and monitoring systems, manifolds, clean in place systems, drying chambers and others. Based on technology, the market is segmented into tray style freeze dryers and manifold freeze dryers. Based on scale of operation, the market is segmented into industrial scale freeze dryers, pilot-scale freeze dryers and lab scale freeze dryers.
The key players that are active in the market include Chaucer foods Ltd., GEA Group Aktiengesellschaft, I.M.A. Industria Macchine Automatiche S.p.A., Martin Christ Gefriertrocknungsanlagen GmbH, OPTIMA packaging group GmbH, ZIRBUS technology GmbH, European Freeze Dry Ltd and MLB Biotrade Sp. z o.o.
Research Methodology:
The market study of the European Freeze Drying market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. European Freeze Drying Market Research and Analysis by Fuel Type
2. European Freeze Drying Market Research and Analysis by Application
3. European Freeze Drying Market Research and Analysis by State of Fuel
The Report Covers:
The European Freeze Drying market is anticipated to grow at a CAGR 7.0% during the forecast period. European Union is one of the unique economic and political unions between countries that together cover most of the continent. According to the International Monetary Fund, the GDP of the European Union was $18.8 trillion in 2018, representing around 22% of the global economy. The major countries which contribute to the economy of the European Union are UK, France, Germany, Italy, and Spain. Europe is estimated to share significantly in the global freeze-drying market owing to increased demand for convenience food. Freeze-drying food products involve the removal of water from frozen foods. Commercially produced packets and tins of frozen-dried foods require rehydration first prior to their consumption. The removal of water from foods makes frozen-dried foods lightweight and convenient for travel. Therefore, rising millennials is one of the major factors that drive the demand for convenience food in this fast-paced world.
European freeze drying market is segmented on the basis of accessories and equipment, technology and scale of operation. Based on accessories and equipment, the market is segmented into vacuum systems, loading and unloading, controlling and monitoring systems, manifolds, clean in place systems, drying chambers and others. Based on technology, the market is segmented into tray style freeze dryers and manifold freeze dryers. Based on scale of operation, the market is segmented into industrial scale freeze dryers, pilot-scale freeze dryers and lab scale freeze dryers.
The key players that are active in the market include Chaucer foods Ltd., GEA Group Aktiengesellschaft, I.M.A. Industria Macchine Automatiche S.p.A., Martin Christ Gefriertrocknungsanlagen GmbH, OPTIMA packaging group GmbH, ZIRBUS technology GmbH, European Freeze Dry Ltd and MLB Biotrade Sp. z o.o.
Research Methodology:
The market study of the European Freeze Drying market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The research team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. The analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to the reports.
Secondary Sources Include:
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation:
1. European Freeze Drying Market Research and Analysis by Fuel Type
2. European Freeze Drying Market Research and Analysis by Application
3. European Freeze Drying Market Research and Analysis by State of Fuel
The Report Covers:
- Comprehensive Research Methodology of the European Freeze Drying market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the European Freeze Drying market.
- Insights about market determinants which are stimulating the European Freeze Drying market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Chaucer foods Ltd.
- European Freeze Dry Ltd
- GEA Group Aktiengesellschaft
- I.M.A. Industria Macchine Automatiche S.p.A.
- Martin Christ Gefriertrocknungsanlagen GmbH,
- MLB Biotrade Sp. z o.o.
- OPTIMA packaging group GmbH
- ZIRBUS technology GmbH
