Spray Drying Equipment Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 7.02 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Spray Drying Equipment Market Analysis
The spray drying equipment market is projected to grow at a CAGR of 7.02% during the forecast period (2020-2025).
- The custom-based and laboratory-specific spray dryers are gaining popularity due to their desired preciseness and efficiency.
- The food, pharmaceutical, and chemical industries are introducing products with enhanced shelf-life which requires dehydration and drying of certain ingredients, paving a clean way for the spray dryer market to grow at a good pace.
- Because of the use of numerous heat sensitive ingredients, spray drying is preferred in the pharmaceutical industry due to its basic operation principle.
- The food industry, particularly dairy and spice units, has associated spray dryers very well with itself. Spray drying equipment are also being widely used for food encapsulation, which is likely to drive the spray drying equipment market in near future.
- Conversely, high installation and maintenance costs and lack of skilled engineers may negatively affect the market growth to a limited extent.
Spray Drying Equipment Market Trends
This section covers the major market trends shaping the Spray Drying Equipment Market according to our research experts:
Spray Dried Encapsulation is the Trend of the Era
The encapsulation process is growing popular in the food and pharmaceutical industry due to the consecutively developed value-added products. Various researches have been going on worldwide to explore and innovate the concept. Volatile and chemically unstable liquid food flavourings like cardamom essential oil are being worked upon through this concept. Cardamom essential oil is often incorporated in Scandinavian, Arab and Indian food products and also finds application in perfume and pharmaceutical industries. But, the issue of instability was associated with the ingredient. However, after the introduction of the encapsulation, instability of ingredients can be regulated.
Asia Pacific Market is Hiking Rapidly
The industrial sector is booming in the Asia Pacific region due to continuously increasing population, which in turn generates needs of food, pharmaceutical, and other industrially manufactured products. The food sector in particular has embraced the concept of spray drying due to the extensive application of drying and dehydration processes in dairy and spices sector. India and China have a lot of food industries blooming up as small private labels which are creating a scope of growth for the industrial equipment manufacturers. The Asian countries are prone to health ailments due to poor hygienic conditions and bad-quality food. Thus, the spray dryer market is growing with the pharmaceutical segment in the country, simultaneously.
Spray Drying Equipment Industry Overview
The spray drying equipment market is fragmented due to the presence of multiple regional manufacturers of industrial equipment. Highly customised dryers are in demand for providing the best processing results due to which the classification of spray dryers has widened on the basis of several factors like the number of drying stages, flow type, application, and basic operating principle. The manufacturers are competing upon the efficiency to product cost ratio. Also, another platform to innovate upon is the size of the dryer for smaller industrial units.
Spray Drying Equipment Market Leaders
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European SprayDry Technologies
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Dürr Systems, Inc
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SiccaDania
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GEA Group
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Shandong Shungeng Drying Equipment Co., Ltd.
*Disclaimer: Major Players sorted in no particular order
Spray Drying Equipment Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
- 3.1 Market Overview
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
-
4.3 Porter's Five Forces Analysis
- 4.3.1 Threat of New Entrants
- 4.3.2 Bargaining Power of Buyers/Consumers
- 4.3.3 Bargaining Power of Suppliers
- 4.3.4 Threat of Substitute Products
- 4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
-
5.1 By Drying Type
- 5.1.1 Single Stage
- 5.1.2 Double Stage
- 5.1.3 Multi-stage
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5.2 By Application
- 5.2.1 Food
- 5.2.2 Pharmaceuticals
- 5.2.3 Chemical
- 5.2.4 Others
-
5.3 By Process
- 5.3.1 Rotary atomizer spray dryer
- 5.3.2 Nozzle atomizer spray dryer
- 5.3.3 Fluidized spray dryer
- 5.3.4 Centrifugal spray dryer
- 5.3.5 Closed-loop spray dryer
- 5.3.6 Others
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5.4 Geography
- 5.4.1 North America
- 5.4.1.1 United States
- 5.4.1.2 Canada
- 5.4.1.3 Mexico
- 5.4.1.4 Rest of North America
- 5.4.2 Europe
- 5.4.2.1 Spain
- 5.4.2.2 United Kingdom
- 5.4.2.3 Germany
- 5.4.2.4 France
- 5.4.2.5 Italy
- 5.4.2.6 Russia
- 5.4.2.7 Rest of Europe
- 5.4.3 Asia Pacific
- 5.4.3.1 China
- 5.4.3.2 Japan
- 5.4.3.3 India
- 5.4.3.4 Australia
- 5.4.3.5 Rest of Asia-Pacific
- 5.4.4 South America
- 5.4.4.1 Brazil
- 5.4.4.2 Argentina
- 5.4.4.3 Rest of South America
- 5.4.5 Middle East and Africa
- 5.4.5.1 South Africa
- 5.4.5.2 Saudi Arabia
- 5.4.5.3 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Share Analysis
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6.4 Company Profiles
- 6.4.1 Durr Systems, Inc
- 6.4.2 SiccaDania
- 6.4.3 GEA Group
- 6.4.4 Changzhou Jinqiao Spray Drying and Engineering Co., Ltd
- 6.4.5 Shandong Shungeng Drying Equipment Co., Ltd.
- 6.4.6 European SprayDry Technologies
- 6.4.7 Applied Chemical Technology, Inc
- 6.4.8 Van Air Systems
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySpray Drying Equipment Industry Segmentation
The global spray drying equipment market is segmented on the basis of number of stages involved in the drying process as Single Stage, Double Stage, and Multi-stage spray dryers. Based on application, the spray dryers are classified by their use in food, pharmaceuticals, and chemical industries, and other uses. By the process of drying, the dryers are diversified into Rotary atomiser spray dryer, Nozzle atomiser spray dryer, Fluidised spray dryer, Centrifugal spray dryer, Closed-loop spray dryer, and Other types. The spray drying equipment market is also segmented by geography as North America, Europe, South America,Asia Pacific, and Middle East and Africa.
| By Drying Type | Single Stage | |
| Double Stage | ||
| Multi-stage | ||
| By Application | Food | |
| Pharmaceuticals | ||
| Chemical | ||
| Others | ||
| By Process | Rotary atomizer spray dryer | |
| Nozzle atomizer spray dryer | ||
| Fluidized spray dryer | ||
| Centrifugal spray dryer | ||
| Closed-loop spray dryer | ||
| Others | ||
| Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Geography | Europe | Spain |
| United Kingdom | ||
| Germany | ||
| France | ||
| Italy | ||
| Russia | ||
| Rest of Europe | ||
| Geography | Asia Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| Rest of Asia-Pacific | ||
| Geography | South America | Brazil |
| Argentina | ||
| Rest of South America | ||
| Geography | Middle East and Africa | South Africa |
| Saudi Arabia | ||
| Rest of Middle East and Africa |
Spray Drying Equipment Market Research FAQs
What is the current Spray Drying Equipment Market size?
The Spray Drying Equipment Market is projected to register a CAGR of 7.02% during the forecast period (2024-2029)
Who are the key players in Spray Drying Equipment Market?
European SprayDry Technologies, Dürr Systems, Inc, SiccaDania, GEA Group and Shandong Shungeng Drying Equipment Co., Ltd. are the major companies operating in the Spray Drying Equipment Market.
Which is the fastest growing region in Spray Drying Equipment Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Spray Drying Equipment Market?
In 2024, the North America accounts for the largest market share in Spray Drying Equipment Market.
What years does this Spray Drying Equipment Market cover?
The report covers the Spray Drying Equipment Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spray Drying Equipment Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Spray Drying Equipment Industry Report
Statistics for the 2024 Spray Drying Equipment market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spray Drying Equipment analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
