Freeze-drying Market Trends

Growth Drivers

• Loss of Patent Safety of Several Biologics – The growth of lyophilization for biologics and Biopharmaceutical products will be supported by a growing R&D, as well as the emergence of biosimilars. More than 305 licensed parenteral products from the US FDA have been lyophilized in recent years. In the next few years, lyophilization will be required in over half of all injected medicines which is set to create an ever-increasing demand for lyophilization solutions within the pharmaceutical industry.
• Increased Usage of Food Preservatives – Lyophilization is used for preserving numerous food products such as fruits, vegetables, meat, fish, herbs, and coffee.  The ability to manufacture clean, whole, and nutritional food ingredients with a highly prolonged shelf life is an important advantage of preserving foods.
• Increasing Demand in Military – The demand for preserved food is increasing rapidly in the military and space. For instance, the use of high temperatures can make physical as well as chemical changes in food products, and their overall quality is not equivalence with freeze-dried food products.

Challenges

• Increasing Alternatives for Drying Techniques – Lyophilization is a pricey procedure that requires a significant initial investment, a lot of capital, a lot of energy, and a long processing time. Food, pharmaceutical, and biotechnology firms are concentrating on alternate drying technologies to minimize the cost of products without sacrificing their quality because lyophilization systems are capital-intensive.
• Achieving the Desired Product
• High Cost of Lyophilization Process