According to the report, the global spray drying equipment market grew significantly in 2023. Aided by the rising demand for processed and ready-to-eat food products, as well as the expansion of the pharmaceutical sector, the market is projected to further grow at a CAGR of 6.8% between 2024 and 2032 reaching a value of approximate USD 12.9 billion by 2032.
Spray drying is a method used to produce dry powders from a liquid or slurry by rapidly drying using hot gas. It is a preferred method for many industrial processes owing to its ability to produce high-quality powders with controlled particle size and distribution. Spray drying equipment finds extensive use in various applications, including food, pharmaceuticals, chemicals, and ceramics.
The surge in demand for processed and convenience foods is a primary driver for the spray drying equipment market growth. As urbanisation increases and lifestyles become more hectic, there is a growing preference for ready-to-eat meals. Spray drying plays an essential role in this, allowing for the preservation of food and maintaining the nutritional quality, flavour, and texture of food ingredients.
In the realm of pharmaceuticals, spray drying is becoming increasingly crucial. It offers advantages in terms of bioavailability enhancement of poorly water-soluble drugs. As per the spray drying equipment market analysis, the pharmaceutical sector uses spray drying equipment for producing dry powdered forms of various medical components, ensuring they are easier to consume and have longer shelf lives.
Moreover, the burgeoning cosmetic industry is leveraging spray drying to manufacture various products, especially in skincare and haircare segments. The technique ensures that active ingredients remain potent and are evenly distributed, leading to more effective cosmetic products and further propelling the spray drying equipment market demand.
The chemical industry is also harnessing the power of spray drying. It's particularly used in the production of speciality chemicals where the uniformity of particle size can significantly impact the product's efficacy.
As industries are increasingly recognising the benefits of spray drying, there's been a noticeable upswing in the demand for advanced and efficient spray drying equipment. One of the crucial spray drying equipment market trends is the technological advancements, such as nozzle atomisation and rotary atomisation, that have improved the efficiency and output of the spray drying process, catering to diverse industrial needs.
Spray drying is a method used to produce dry powders from a liquid or slurry by rapidly drying using hot gas. It is a preferred method for many industrial processes owing to its ability to produce high-quality powders with controlled particle size and distribution. Spray drying equipment finds extensive use in various applications, including food, pharmaceuticals, chemicals, and ceramics.
The surge in demand for processed and convenience foods is a primary driver for the spray drying equipment market growth. As urbanisation increases and lifestyles become more hectic, there is a growing preference for ready-to-eat meals. Spray drying plays an essential role in this, allowing for the preservation of food and maintaining the nutritional quality, flavour, and texture of food ingredients.
In the realm of pharmaceuticals, spray drying is becoming increasingly crucial. It offers advantages in terms of bioavailability enhancement of poorly water-soluble drugs. As per the spray drying equipment market analysis, the pharmaceutical sector uses spray drying equipment for producing dry powdered forms of various medical components, ensuring they are easier to consume and have longer shelf lives.
Moreover, the burgeoning cosmetic industry is leveraging spray drying to manufacture various products, especially in skincare and haircare segments. The technique ensures that active ingredients remain potent and are evenly distributed, leading to more effective cosmetic products and further propelling the spray drying equipment market demand.
The chemical industry is also harnessing the power of spray drying. It's particularly used in the production of speciality chemicals where the uniformity of particle size can significantly impact the product's efficacy.
As industries are increasingly recognising the benefits of spray drying, there's been a noticeable upswing in the demand for advanced and efficient spray drying equipment. One of the crucial spray drying equipment market trends is the technological advancements, such as nozzle atomisation and rotary atomisation, that have improved the efficiency and output of the spray drying process, catering to diverse industrial needs.
Market Segmentation
The market can be divided based on spray dryer type, application, cycle type, drying stage, flow type, and region.Market Breakup by Spray Dryer Type
- Rotary Atomiser Spray Dryer
- Nozzle Atomiser Spray Dryer
- Fluidised Spray Dryer
- Closed Loop Spray Dryer
- Centrifugal Spray Dryer
Market Breakup by Application
- Food
- Pharmaceutical
- Chemical
Market Breakup by Cycle Type
- Open Cycle
- Closed Cycle
Market Breakup by Drying Stage
- Multistage
- Two Stage
- Single Stage
Market Breakup by Flow Type
- Co-Current Flow Spray Dryers
- Counter-Current Flow Spray Dryers
- Mixed Flow Spray Dryers
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global spray drying equipment market. Some of the major players explored in the report are as follows:- SPX FLOW Inc.
- GEA Group Aktiengesellschaft
- BÜCHI Labortechnik AG
- European SprayDry Technologies
- Changzhou Lemar Drying Engineering
- Acmefil Engineering System PVT. LTD.
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope4 Key Assumptions7 Opportunities and Challenges in the Market15 Value Chain Analysis19 Key Trends and Developments in the Market
3 Report Description
5 Executive Summary
6 Market Snapshot
8 Global Spray Drying Equipment Market Analysis
9 North America Spray Drying Equipment Market Analysis
10 Europe Spray Drying Equipment Market Analysis
11 Asia Pacific Spray Drying Equipment Market Analysis
12 Latin America Spray Drying Equipment Market Analysis
13 Middle East and Africa Spray Drying Equipment Market Analysis
14 Market Dynamics
16 Trade Data Analysis (HS Code- 84193)
17 Price Analysis
18 Competitive Landscape
List of Key Figures and Tables
Companies Mentioned
- SPX FLOW
- GEA Group Aktiengesellschaft
- BÜCHI Labortechnik AG
- European SprayDry Technologies
- Changzhou Lemar Drying Engineering
- Acmefil Engineering System PVT. LTD.
Methodology
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