Market Size of India Spray Dried Food Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.84 % |
| Market Concentration | Low |
Major Players.webp "India Spray Dried Food Market Major Players"){kind=logo}
*Disclaimer: Major Players sorted in no particular order |
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India Spray-Dried Food Market Analysis
The India Spray Dried Food Market size is expected to grow from USD 3.79 billion in 2023 to USD 4.80 billion by 2028, at a CAGR of 4.84% during the forecast period (2023-2028).
- The market is driven by the varied applications of spray-dried ingredients with their functional benefits in the food industry. The spray-dried food powders prepared using spray drying technology offer extended shelf life, reduced storage requirements, and lower cost of bulk packing.
- Furthermore, rising consumer awareness of health benefits from dietary consumption is another reason for increasing the consumption of spray-dried ingredients in the food service industry in India, as spray drying involves a shorter drying treatment time (90-120 seconds), with high efficiency compared to other conventional drying techniques, thus retaining the heat-sensitive nutrients in the food products. The growing desire for nutrient-rich foods and their numerous applications in many industries, particularly dairy or fruit, and vegetables, is the key factor driving the global market for spray-dried food.
- Furthermore, the market for spray-dried foods is also being driven by expanding prospects in the food and beverage industry, including the bakery, snack, and confectionery segments, as well as a growing extension of the shelf life of these items for extended periods. For instance, according to the United States Department of Agriculture (USDA) Foreign Agriculture Service (FAS), the production volume of skimmed milk power increased to 740 thousand metric tons in 2023 from 635 thousand metric tons in 2019. Thus, the growing consumption of dry-particulate foods is driving the demand for the spray-dried food market.
- However, the market is being constrained by factors including high initial capital requirements, high maintenance costs, and the availability of rival cutting-edge technologies like freeze drying and vacuum drying.
India Spray-Dried Food Industry Segmentation
Spray-dried foods are foods prepared using the convective spray drying technique used to transform a food product in liquid or slurry form to a dry free-flowing powder. Spray-dried foods have enhanced shelf life and preserved natural constituents of the food products as the drying methods involve drying foods for a short period of time.
The India spray-dried food market has been segmented on the basis of product type and application. By product type, the market is segmented into fruits, vegetables, dairy products, meat, poultry and seafood, and other product types. By application, the market is segmented into bakery and confectionery, dairy, infant foods, nutraceuticals, pet foods, and other applications.
The market sizing has been done in value terms in USD for all the abovementioned segments.
| Product Type | |
| Fruits | |
| Vegetables | |
| Dairy Products | |
| Meat, Poultry and Seafood | |
| Other Product Types |
| Application | |
| Bakery and Confectionery | |
| Dairy | |
| Infant Foods | |
| Nutraceuticals | |
| Pet Foods | |
| Other Applications |
India Spray Dried Food Market Size Summary
The India spray-dried food market is experiencing significant growth, driven by the increasing demand for spray-dried ingredients across various sectors, particularly in the food industry. This growth is attributed to the functional benefits of spray-dried food powders, such as extended shelf life, reduced storage requirements, and cost-effective bulk packing. The technology's ability to retain heat-sensitive nutrients during the drying process makes it a preferred choice for producing nutrient-rich foods, especially in the dairy, fruit, and vegetable sectors. The market is further bolstered by the expanding food and beverage industry, including segments like bakery, snacks, and confectionery, which benefit from the prolonged shelf life of spray-dried products. Despite these positive trends, the market faces challenges such as high initial capital and maintenance costs, along with competition from alternative drying technologies like freeze drying and vacuum drying.
The dairy industry in India is a major consumer of spray drying technology, with the country being the largest milk producer globally. Spray drying is extensively used to produce various dairy products, including milk powder and whey protein concentrate, which are highly sought after in the sports nutrition market. The growing interest in natural and plant-based food products has also spurred the use of spray drying to enhance the stability and shelf life of natural colorants and bioactive ingredients. The market is characterized by a high degree of fragmentation, with numerous local and regional players actively participating. Key industry players are continuously innovating and expanding their operations to meet the rising demand for spray-dried food products. Recent developments include new facilities and collaborations aimed at enhancing production capabilities and product quality, further supporting the market's growth trajectory.
India Spray Dried Food Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Product Type
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2.1.1 Fruits
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2.1.2 Vegetables
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2.1.3 Dairy Products
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2.1.4 Meat, Poultry and Seafood
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2.1.5 Other Product Types
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2.2 Application
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2.2.1 Bakery and Confectionery
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2.2.2 Dairy
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2.2.3 Infant Foods
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2.2.4 Nutraceuticals
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2.2.5 Pet Foods
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2.2.6 Other Applications
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India Spray Dried Food Market Size FAQs
What is the current India Spray Dried Food Market size?
The India Spray Dried Food Market is projected to register a CAGR of 4.84% during the forecast period (2024-2029)
Who are the key players in India Spray Dried Food Market?
Drytech Processes Pvt Ltd. , Foods & Inns Ltd., Mevive International Food Ingredients , Venkatesh Natural Extract Pvt. Ltd and Aarkay Food Products Ltd. are the major companies operating in the India Spray Dried Food Market.
