The global food lyophilization equipment market is steadily advancing, driven by surging demand for freeze-dried food, extended shelf life, and rising awareness of nutritional preservation. Valued at USD 1.22 billion in 2024, the market is forecasted to grow at a compound annual growth rate (CAGR) of 5.7%, reaching USD 2.12 billion by 2034. Key growth enablers include innovations...

According to the research report, the global tool steel market was valued at USD 5.03 billion in 2022 and is expected to reach USD 8.34 billion by 2032, to grow at a CAGR of 5.2% during the forecast period. Market Growth Drivers Several factors are driving the growth of the global tool steel market: Industrial Expansion and Automotive Production: The growing demand for...