Spray Drying Equipment Market Size to Reach USD 8.25 Billion in 2030
The global spray drying equipment market size was USD 4.80 Billion in 2023 and is expected to register a revenue CAGR of 6.2% over the forecast period, according to the latest report by Reports and Data. A growing consumer preference to consume nutritional supplement health and fitness products. Health and fitness awareness has greatly increased the demand for various nutritional supplements and protein products.
Spray drying is a revolutionary technology for manufacturing life-saving pharmaceuticals. Spray drying in pharmaceutical manufacturing is a continuous process that converts a liquid raw material into a powder in just one step and is ideal when specific properties such as particle size, morphology and stability are required. Global pharmaceutical production is increasing as the number of non-communicable diseases increases. According to the World Bank, noncommunicable diseases (NCDs) kill 41 million people each year and account for 74% of all deaths worldwide. These factors are expected to increase the demand for installation of spray drying equipment.
Additionally, there is a growing consumer preference to consume nutritional supplement health and fitness products. Health and fitness awareness has greatly increased the demand for various nutritional supplements and protein products. Dietary supplement manufacturers install spray drying equipment to maintain the superior quality of their powders. These factors support the revenue growth of the market by ensuring quality, persistence of consumer satisfaction and trust building.
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Some Key Highlights from the Report
- The atomizer segment will account for a larger percentage of sales in 2023. Automizer spray dryers are widely used in food and dairy manufacturing. The atomization stage is designed to create ideal vaporization conditions, resulting in a dry product with the desired properties. In the atomization process, heat is transferred as steam to the surrounding gas, adding heat to the product and causing the moisture to evaporate. Many dairy and food processing products require a sprayer-type process. These factors are driving the growth of the segment. The nozzle segment accounts for a constant share of 2023 sales. Nozzle spray drying is very necessary for food and dairy coatings. A nozzle spray dryer with compressor and sensor is installed. The sensor is programmed with advanced object detection technology. The treated coatings are pre-configured with the mixing requirements of the ingredients and the nozzles are adjusted based on the temperature and humidity of the food treatment. These methods are widely used in the dairy and food industry and have greatly boosted the growth of this segment.
- On July 13, 2021, the German-based process technology and component manufacturer GEA Group Aktiengesellschaft (AG) has launched a mobile minor spray dryer for low-volume production. A small amount of liquid can be dried into a representative powder sample, making it easy to obtain the process information needed for scale-up to commercial production. It is a versatile, easy-to-use spray dryer commonly used by many of the world’s top companies, independent research institutes, and university research and development (R&D) departments.
- Companies profiled in the market report include GEA Group Aktiengesellschaft, Larsson Starch Technology AB, The Tetra Pak Group, SPX FLOW, Inc., Dedert Corporation, BÜCHI Labortechnik AG, Shandong Tianli Drying Equipment Corporation Ltd., European SprayDry Technologies, Carrier Vibrating Equipment, Inc., Freund-Vector Corporation and among others.
- For the purpose of this report, Reports and Data has segmented the global Spray drying equipment market based on Type Outlook, Stage Type Outlook, Flow Type Outlook, Application Outlook, Regional Outlook:
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Type Outlook (Revenue, USD Billion; 2023-2030)
- Atomizer
- Nozzle
- Fluidized
- Centrifugal
- Others
Stage Type Outlook (Revenue, USD Billion; 2023-2030)
- Single Stage
- Two Stage
- Multi-Stage
Flow Type Outlook (Revenue, USD Billion; 2023-2030)
- Co-Current
- Counter-Current
- Mixed-Flow
- Others
Application Outlook (Revenue, USD Billion; 2023-2030)
- Food processing
- Dairy
- Pharmaceuticals
- Beverages
- Chemicals
- Others
Regional Outlook (Revenue, USD Billion; 2023-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
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