Market Size of Spray Drying Equipment Industry
| 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 |
Need a report that reflects how COVID-19 has impacted this market and its growth?
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 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 | |||||||||
| |||||||||
| |||||||||
| |||||||||
| |||||||||
|
Spray Drying Equipment Market Size Summary
The spray drying equipment market is experiencing significant growth, driven by its increasing application in the food, pharmaceutical, and chemical industries. The demand for custom-based and laboratory-specific spray dryers is rising due to their precision and efficiency, particularly in processes requiring the dehydration and drying of ingredients to enhance shelf-life. In the pharmaceutical sector, the preference for spray drying is attributed to its ability to handle heat-sensitive ingredients, while in the food industry, especially in dairy and spice sectors, it is widely adopted for food encapsulation. This process is gaining traction as it helps in stabilizing volatile and chemically unstable ingredients, thereby adding value to products. Despite the high installation and maintenance costs, along with a shortage of skilled engineers, the market continues to expand, supported by ongoing research and innovation in encapsulation techniques.
The Asia Pacific region is witnessing a boom in the spray drying equipment market, fueled by a growing industrial sector and increasing population demands for food and pharmaceutical products. Countries like India and China are seeing a surge in food industries, including small private labels, which create opportunities for industrial equipment manufacturers. The market is characterized by fragmentation due to the presence of numerous regional manufacturers, with a focus on highly customized dryers to optimize processing results. Manufacturers are competing on the efficiency-to-cost ratio and exploring innovations in dryer size for smaller industrial units. Key players in the market include European SprayDry Technologies, Dürr Systems, Inc, SiccaDania, GEA Group, and Shandong Shungeng Drying Equipment Co., Ltd.
Spray Drying Equipment Market Size - Table of Contents
-
1. MARKET DYNAMICS
-
1.1 Market Drivers
-
1.2 Market Restraints
-
1.3 Porter's Five Forces Analysis
-
1.3.1 Threat of New Entrants
-
1.3.2 Bargaining Power of Buyers/Consumers
-
1.3.3 Bargaining Power of Suppliers
-
1.3.4 Threat of Substitute Products
-
1.3.5 Intensity of Competitive Rivalry
-
-
-
2. MARKET SEGMENTATION
-
2.1 By Drying Type
-
2.1.1 Single Stage
-
2.1.2 Double Stage
-
2.1.3 Multi-stage
-
-
2.2 By Application
-
2.2.1 Food
-
2.2.2 Pharmaceuticals
-
2.2.3 Chemical
-
2.2.4 Others
-
-
2.3 By Process
-
2.3.1 Rotary atomizer spray dryer
-
2.3.2 Nozzle atomizer spray dryer
-
2.3.3 Fluidized spray dryer
-
2.3.4 Centrifugal spray dryer
-
2.3.5 Closed-loop spray dryer
-
2.3.6 Others
-
-
2.4 Geography
-
2.4.1 North America
-
2.4.1.1 United States
-
2.4.1.2 Canada
-
2.4.1.3 Mexico
-
2.4.1.4 Rest of North America
-
-
2.4.2 Europe
-
2.4.2.1 Spain
-
2.4.2.2 United Kingdom
-
2.4.2.3 Germany
-
2.4.2.4 France
-
2.4.2.5 Italy
-
2.4.2.6 Russia
-
2.4.2.7 Rest of Europe
-
-
2.4.3 Asia Pacific
-
2.4.3.1 China
-
2.4.3.2 Japan
-
2.4.3.3 India
-
2.4.3.4 Australia
-
2.4.3.5 Rest of Asia-Pacific
-
-
2.4.4 South America
-
2.4.4.1 Brazil
-
2.4.4.2 Argentina
-
2.4.4.3 Rest of South America
-
-
2.4.5 Middle East and Africa
-
2.4.5.1 South Africa
-
2.4.5.2 Saudi Arabia
-
2.4.5.3 Rest of Middle East and Africa
-
-
-
Spray Drying Equipment Market Size 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.
