Global Spray Drying Equipment Market Insights Forecasts to 2032

• The Global Spray Drying Equipment Market Size was valued at USD 5.2 Billion in 2022.
• The Market is growing at a CAGR of 5.7% from 2022 to 2032
• The Worldwide Spray Drying Equipment Market Size is expected to reach USD 9.1 Billion by 2032
• North America is expected to grow the fastest during the forecast period

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The Global Spray Drying Equipment Market is projected to exceed USD 9.1 Billion by 2032, growing at a CAGR of 5.7% from 2022 to 2032. Rising demand for processed food products, as well as an increase in the use of spray drying techniques in a variety of industries such as pharmaceuticals, food, and chemicals, are driving the expansion of the spray drying equipment market. Spray drying has gained popularity among manufacturers globally, due to benefits such as greater shelf life, lower expenses for shipping, and improved product quality. As a result, the demand for spray drying equipment is expected to grow significantly in the coming years, creating opportunities for industry players to develop novel products and meet the demands of a growing market.

 

 Market Overview

Spray drying technologies can be utilized to convert liquid or slurry-based feedstock into a powdery form. The liquid feedstock is sprayed into a hot gas stream, which evaporates the liquid content and leaves behind the dry powder particles. Spray drying is widely used in the pharmaceutical, food, chemical, and ceramic industries for manufacturing powdered products with desirable characteristics such as improved stability, longer shelf life, and increased solubility. Spray drying equipment involves dryers, atomizers, air filters, and cyclones, among other things. The global market for spray drying equipment is steadily expanding, driven by rising demand for processed foods and the widespread use of spray drying techniques in a variety of industries. Other factors that could affect spray drying equipment shipments in the future include rapid improvements in spray drying technological advances, the increasing acceptance of customized spray dryers, rising demand for bulk chemicals, high pharmaceutical production activity, growing demand for encapsulation, and changing food preferences worldwide.

 

The global spray drying equipment market is driven by a range of factors, including increasing demand for functional and processed foods, technological advancements, growing demand for pharmaceuticals and chemicals, government initiatives to promote food safety, and growing demand for animal feed. These drivers are expected to continue to propel the growth of the spray drying equipment market in the years to come.

 

Report Coverage

This research report categorizes the market for the global spray drying equipment market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the spray drying equipment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the spray drying equipment market.

 

 

Driving Factors

Spray drying equipment is widely used in the food industry for producing functional and processed foods, such as milk powder, coffee, tea, and other beverages. The growing demand for these products, particularly in emerging markets, is expected to drive the growth of the spray drying equipment market. Spray drying equipment is also used in the pharmaceutical industry for the production of medicines and drug formulations. With the growing demand for pharmaceutical products worldwide, the demand for spray drying equipment in this industry is expected to increase.

 

The development of new technologies in spray drying equipment, such as rotary atomizers, pressure nozzles, and centrifugal atomizers, has led to more efficient and effective drying processes. These advancements have resulted in increased demand for spray drying equipment in various industries. Spray drying equipment is also used in the chemical industry for the production of various chemical products, such as detergents, polymers, and catalysts. The growing demand for these products is expected to drive the growth of the spray drying equipment market.

 

Restraining Factors

Spray drying equipment requires a significant initial capital investment, which can be a challenge for small and medium-sized enterprises (SMEs). This may limit the adoption of spray drying equipment in certain industries and regions. In addition to the high initial capital investment, spray drying equipment also has high operating costs, which can include energy costs, maintenance costs, and labor costs. This can make spray drying less cost-effective than other drying methods for some companies. While spray drying is a widely used drying method in several industries, there are also alternative drying methods available, such as freeze drying, vacuum drying, and drum drying. These methods may be more cost-effective or more suitable for certain products, which can limit the demand for spray drying equipment.

 

Market Segmentation

 

The Global Spray Drying Equipment Market share is classified into type, cycle, application, and flow type.

• The rotary atomizer segment is expected to grow at the fastest pace in the global spray drying equipment market during the forecast period.

On the basis of the type, the global spray drying equipment market is segmented into nozzle atomizer, rotary atomizer, fluidized, centrifugal, and closed loop. Among these, the rotary atomizer segment is expected to grow at the fastest pace in the global spray drying equipment market during the forecast period. The growth can be attributed due the rotary atomizers are widely used in the dairy industry for producing milk powder, whey powder, and other dairy products. This type of atomizer uses a spinning wheel to atomize the liquid feed into droplets. They are also used in the chemical and pharmaceutical industries. Rotary atomizers are highly efficient and can produce droplets of consistent size, but they are more expensive than nozzle atomizers.

• The closed segment is expected to grow at the fastest rate in the global spray drying equipment market over the projected period.

On the basis of the cycle, the global spray drying equipment market is segmented into open and closed. Among these, the closed segment is expected to grow at the fastest rate in the global spray drying equipment market over the projected period. The growth can be attributed due to the increasing demand for sterile and high-quality products in the pharmaceutical and food industries.   This type of spray dryer operates with a sealed drying chamber that recirculates the drying gas, creating a closed-loop system. The sealed system helps to prevent contamination and oxidation of sensitive products, such as pharmaceuticals and biochemicals. Closed systems are typically used for drying products that require a sterile or inert environment.

• The food segment is expected to hold the largest share of the global spray drying equipment market during the forecast period.

On the basis of the application, the global spray drying equipment market is segmented into pharmaceuticals, food, chemical, and others. Among these, the food segment is expected to hold the largest share of the global spray drying equipment market during the forecast period. The reason for the growth is the increasing demand for processed food and functional ingredients. Spray drying equipment is widely used in the food industry to produce various food powders, such as milk powder, cheese powder, coffee powder, and fruit powder. Spray drying helps to preserve the nutritional value and flavor of food products, while also improving their shelf life and handling properties. The food segment is expected to grow at a steady rate, due to the increasing demand for convenience foods and functional ingredients.

 

Regional Segment Analysis of the Global Spray Drying Equipment Market

• North America (U.S., Canada, Mexico) 
• Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
• Asia-Pacific (China, Japan, India, Rest of APAC)
• South America (Brazil and the Rest of South America) 
• The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is estimated to hold the largest share of the global spray drying equipment market over the predicted timeframe.

 

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Asia Pacific is expected to hold the largest share of the global spray drying equipment market during the forecast period. The Asia-Pacific spray drying equipment market is driven by the increasing demand for food and pharmaceuticals in emerging economies, such as China, India, and Japan. The region is expected to grow at a steady rate, due to the growing population, urbanization, and disposable income.

 

North America is expected to grow at the fastest pace in the global spray drying equipment market during the forecast period. The North American spray drying equipment market is driven by the increasing demand for processed food, pharmaceuticals, and chemicals. The United States and Canada are the major countries contributing to the growth of this region, due to the presence of well-established industries and advanced technology. The region is expected to grow at the fastest rate, due to the limited availability of resources and infrastructure.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global spray drying equipment along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

• SPX Flow 
• Büchi Labortechnik  
• Dedert Corporation 
• Acmefil Engineering Systems Pvt. Ltd  
• Labplant 
• Yamato Scientific America  
• G Larsson Starch Technology Ab 
• GEA Group  
• Shandong Tianli Drying Technology and Equipment
• European Spraydry Technologies  
• Changzhou Lemar Drying Engineering  
• New AVM Systech  
• Advanced Drying Systems  
• Swenson Technology, Inc.  
• Tetra Pak International S.A 

• Others

 

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

 

Recent Developments

• In August 2022, SPX FLOW, Inc. revealed a partnership with Flottweg to design, install, supply, and commission end-to-end plant-based procedure solutions for customers in the nutrition, food, health, and beverage sectors.

 

• In June 2022, The Mini Spray Dryer S-300 introduced by BÜCHI Labortechnik. The system is fully automated and controls all parameters including spray gas, drying gas, and pump speed. The instrument additionally tracks the temperatures of both the outlet and the newly manufactured product to ensure the ultimate protection of heat-sensitive samples.

 

• In June 2022, Dedert Corporation disclosed the successful commissioning of its newest Spray Drying and Evaporation plant for EverGrain, a plant-based protein manufacturer. For the speciality protein developed for its solubility functionality, drying and evaporation technology is used.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Spray Drying Equipment Market based on the below-mentioned segments:

 

Global Spray Drying Equipment Market, By Type

• Nozzle Atomizer
• Rotary Atomizer
• Fluidized
• Centrifugal
• Closed Loop

 

Global Spray Drying Equipment Market, By Cycle

• Open
• Closed

 

Global Spray Drying Equipment Market, By Application

• Pharmaceuticals
• Food
• Chemical
• Others

 

Global Spray Drying Equipment Market, By Flow Type

• Co-Current
• Counter Current
• Mixed

 

Global Spray Drying Equipment Market, By Region

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa