The global spray drying equipment market size is estimated to
reach USD 7.19 billion by 2025 registering a CAGR of 6.8%, according to a new
study by Grand View Research, Inc. Spray drying envisages transforming a
liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It
is a widely preferred method to dry food materials, pharmaceutical products,
and other temperature-sensitive items, such as dairy products. Moreover, rising
need to increase the shelf-life of processed food and pharmaceutical products
is opening new growth opportunities in the food processing and pharmaceutical
industries. Thus, demand from the dairy processing industry for producing milk
powder and stabilizing the milk constituents and from the pharmaceutical
industry for producing antibiotics is anticipated to drive the market.
The demand for nutrition products including
whey protein, mass gainer, egg white protein, casein protein has increased due
to rising awareness about leading a healthy lifestyle and to prevent disorders,
such as obesity, diabetes, and high BP. This, in turn, has also augmented the
demand for dryers from the nutraceutical industry. Increasing demand for resins
and polymers in line with the growing usage of synthetics has triggered the
demand for drying Suspension Polyvinyl Chloride (S-PVC), Emulsion Polyvinyl
Chloride (E-PVC), and other chemicals required for producing building pipes,
cable insulations, and hard and soft foils, among others. Demand for spray
dryers for industrial purposes is further expected to drive the market from
2019 to 2025.
Growing need for application-specific dryers
is also offering new growth opportunities for companies to develop innovative
equipment. For instance, the risk of explosion and emission of hazardous gases
while drying chemical and pharmaceutical products has led to the development of
closed loop dryers. Similarly, the need to process and produce powder particles
in bulk quantities is leading to a significant adoption of three-stage
equipment. However, high installation and maintenance costs and the inability of
spray dryers to process highly-viscous materials, such as starch and fruit
pulp, may hinder the market growth over the forecast period.
Browse full research report on Spray
Drying Equipment Market: https://www.grandviewresearch.com/industry-analysis/spray-drying-equipment-market
Further key
findings from the study suggest:
- Demand for three-stage spray drying equipment
is expected to increase from 2019 to 2025 due to its benefits, such as
high thermal efficiency, low energy consumption ratio, and ability to
process bulk production
- North America accounted for the largest market
share of more than 30% in 2018 owing to high annual milk production in
U.S. as a result of rising demand for powdered milk, infant products, and
other nutraceutical products
- Extensive product usage in the pharmaceutical
industry for R&D purposes in laboratories is also anticipated to drive
the North American regional market over the forecast period
- Changing consumer food preferences and
increasing number of installations of food processing plants in emerging
economies, such as India and China, are expected to drive the APAC market
- The chemical application segment is expected
to witness the highest CAGR over the forecast period owing to higher
product adoption in the manufacturing of polymers and resins, hard metals,
dyestuff and pigments, and agrochemicals
- Key companies in the spray drying equipment
market are GEA Group AG, Dedert Corporation, and Tetra Pak International
S.A. These companies are strategically expanding their geographical
footprint to increase their market share and overall profitability
Browse request sample of this report by
Grand View Research: https://www.grandviewresearch.com/industry-analysis/spray-drying-equipment-market/request/rs1
Grand
View Research has segmented the global spray drying equipment market on the
basis of product, stage, cycle, flow, application, and region:
Spray Drying
Equipment Product Outlook (Revenue, USD Million, 2015 - 2025)
- Rotary Atomizer
- Nozzle Atomizer
- Fluidized
- Centrifugal
Spray Drying
Equipment Stage Outlook (Revenue, USD Million, 2015 - 2025)
- Single-Stage
- Two-Stage
- Multi-Stage
Spray Drying
Equipment Cycle Outlook (Revenue, USD Million, 2015 - 2025)
- Open
- Closed
Spray Drying
Equipment Flow Outlook (Revenue, USD Million, 2015 - 2025)
- Co-Current
- Counter-Current
- Mixed Flow
Spray Drying
Equipment Application Outlook (Revenue, USD Million, 2015 - 2025)
- Food & Dairy
- Pharmaceuticals
& Nutraceuticals
- Chemical
- Others
Spray Drying
Equipment Regional Outlook (Revenue, USD Million, 2015 - 2025)
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- Germany
- France
- Spain
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- South America
- Brazil
- Argentina
- MEA (Middle East
& Africa)
About Grand View Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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