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Lyophilization (Freeze Drying) Equipment Market: Trends, Growth & Market Dynamics
The global lyophilization (freeze drying) equipment market reached USD 6.4 billion in 2023 and is projected to grow to USD 13.7 billion by 2032, expanding at a CAGR of 8.7% during 2024–2032. Growth is driven by increasing demand for biopharmaceuticals and vaccines, rising adoption of contract manufacturing services, expansion in the food preservation industry, and technological...
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