Spray Drying Equipment Market Overview
The report is titled as ‘Spray Drying Equipment Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Spray Drying Equipment market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.
The global spray drying equipment market is expected to reach at a value of US$ 6,399.7 Mn by 2030 end at a CAGR of 5.4%
Spray Drying Equipment Introduction
As the name implies, the spray drying equipment can be understood as an exclusive machinery that takes up spray drying to create dry powder from a slurry or liquid by swift drying with a hot gas. Spray drying is one of the most cost-effective and economical approaches of evaporation to form dried powders.
Notably, spray drying is the increasingly employed and simple drying process utilized for drying any semi-solid or liquid feed in contrast to other industrial drying techniques. In addition to that, the spray drying approach is also the most feasible technique to generate heat-sensitive products, such as egg powder, milk powder, and coffee powder.
Moreover, it assists in generating granular and fine dried powder particles, which can be employed as flavoring agents in food products and juices as well as can also be used in the form of fillings in bakery products. Owing to which, spray dryer equipment is comprehensively used in a number of applications in various industries all around the world including dairy industry, food pharmaceutical, processing, nutraceuticals, and chemical industries. Thus, the global spray drying equipment market is projected to witness significant growth over the years.
Significant growth in the demand for processed food coupled with ready to eat food
Ready-to-eat (RTE) foods are animal or plant-derived food products or a mixture of them that can be sold to end consumers after being pre-washed, pre-cooked, processed, and frozen. As a result, they do not necessitate extensive processing by end-users before to consumption, saving them time and energy. Ready to eat foods, also known as ready meals, packed foods, or instant ready meals, are the largest segment of the global conventional and non-conventional food market, according to the US Food Code, due to increasing consumer acceptance of food products.
Furthermore, due to rapid urbanization, change in consumer lifestyles have resulted in a strong demand for processed foods over the past several years. Consumers' hectic lifestyles have been exacerbated by a sharp growth in dual-income levels, living standards, and the need for convenience, which has increase in the demand for ready to serve food.
Processed food producers are turning to spray drying methods. For instance, Maltodextrin, for example, is a spray-dried powder produced from corn starch that is used as a food additive in confectioneries and is frequently utilized in sports and wellness goods.
Spray Drying Equipment Market Segmentation
The global spray drying equipment market is segmented on the basis of type, cycle type, application, operating principle, drying stage, flow type, capacity, and region.
By Type
Rotary Atomizer Spray Dryer
Nozzle Atomizer Spray Dryer
Fluidized Spray Dryer
Closed Loop Spray Dryer
Centrifugal Spray Dryer
Others
By Application
Food
Pharmaceutical
Chemical
Others
By Cycle Type
Open Cycle
Closed Cycle
By Operating Principle
Direct Drying
Indirect Drying
By Drying Stage
Multistage
Two Stage
Single Stage
By Flow Type
Co-Current Flow Spray Dryers
Counter-Current Flow Spray Dryers
Mixed Flow Spray Dryers
By Capacity
Small (upto 2 Tons/Hr.)
Medium (2 - 50 Tons/Hr.)
Large (More than 50 Tons/Hr.)
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Spray Drying Equipment Market Key Players
Some of the key participating players in global spray drying equipment market are:
AVM Systech Pvt.Ltd.
ACMEFIL ENGINEERING SYSTEMS PVT. LTD.
Changzhou Lemar Drying Engineering Co. Ltd.
Labplant
GEA Group Aktiengesellschaft
SPX FLOW, Inc.
Dedert Corporation
Buchi Labortechnik AG
C.E. Rogers
European SprayDry Technologies
Yamato Scientific America Inc.
Tetra Pak Group
Saka Engineering Systems Private Limited
Advanced Drying Systems
Shandong Tianli Drying Technology and Equipment
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
Global Economic Growth Outlook
Growth in the Manufacturing Industry
Food Sector Growth Outlook
Growth in Pharmaceutical Production
Top Companies Historical Growth Rate
Impact of Pricing
Technological Development
Growing Chemical Industry
Increase in Investment in the Emerging Economies
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.
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The spray drying equipment market is estimated to reach at a value of US$ *** Mn by the end of 2022 and expected to reach at a value of US$ 6,399.7 Mn by 2030 with a significant CAGR of 5.4%.
The base year for the report is 2021 in spray drying equipment market.
The global spray drying equipment market is segmented on the basis of type, cycle type, application, operating principle, drying stage, flow type, capacity, and region.
Some of the key participating players in global spray drying equipment market are AVM Systech Pvt.Ltd., ACMEFIL ENGINEERING SYSTEMS PVT. LTD., Changzhou Lemar Drying Engineering Co. Ltd., Labplant, GEA Group Aktiengesellschaft, SPX FLOW, Inc., Dedert Corporation, Buchi Labortechnik AG, C.E. Rogers, European SprayDry Technologies, Yamato Scientific America Inc., Tetra Pak Group, Saka Engineering Systems Private Limited, Advanced Drying Systems, and Shandong Tianli Drying Technology and Equipment