Global Spray Drying Equipment Market by Stage (Single-Stage, Two-Stage), by Product (Nozzle Atomizer, Rotary), by Cycle (Open, Closed) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

Summary of the Report

Global spray drying equipment market was valued at USD 4.63 Billion in 2018. It is expected to grow at 6.8% CAGR between 2019 and 2025. The market is expected to grow between 2019 and 2025 due to growing preference for Ready-To-Eat (RTE), functional food products, and increased focus by food processing companies on products that have a longer shelf-life. The market is expected to grow due to rising product usage in the pharmaceutical, nutraceutical, and whey protein industries over the forecast period.

Spray drying is an easy and common method of drying liquids or semi-solids. It's also the least expensive than other industrial drying methods. This is the best way to make heat-sensitive products such as milk powder and egg powder. It can produce fine and granular powder particles that can be used to flavor food products, juices, and fillings in baked goods.

Spray dryers are used extensively in food processing, the pharmaceutical, nutraceuticals, as well as chemical industries. Manufacturers are now able to develop equipment for specific applications that can support various types of feedstocks, including a solution, paste gel, slurry and suspension. These factors are positive for market growth. The market growth may be slowed by high installation and maintenance costs, as well as a shortage of skilled engineers.

Additionally, the high energy consumption and toxic gases emissions associated with this equipment are becoming major concerns for both manufacturers and consumers. This is especially true in light of calls from various governments to reduce pollution levels by ensuring energy-efficient industrial operations. However, technological advancements have allowed manufacturers to create products that are both energy efficient and free of hazardous gas emissions. This will allow for significant growth opportunities.

Product Insights

In 2018, the nozzle-atomizer segment accounted for 41.2% of global market. This was due to widespread adoption of nozzle-atomizer-based equipment that produces coarser, free-flowing powders. To offer a wider range of flow rates, nozzle dryers can be combined with multiple nozzle installation. These dryers are ideal for applications that require high flow rates and flexible particle sizes. Fluidized dryers will be more popular in the future due to the rising need to lower the moisture content of pharmaceutical products as well as to produce fine granular particles and quality while processing food products.

Stage Insights

In 2018, the two-stage segment held the largest market share at more than 40% and will likely continue to be the dominant in the future. These dryers are in high demand across many industrial applications due to their lower production costs and superior product quality. Due to their versatility and ability to process different feedstocks, two-stage dryers are often used by large- and medium-sized industrial manufacturers.

The multi-stage product segment will see the greatest CAGR during the forecast period. This is due to its benefits such as the ability to control the pressure drop between the first and last stages of spray drying and produce dust-free, agglomerated products that have optimum dispersibility. These benefits will be especially attractive to large-scale food processing companies. The segment is expected to grow due to the growing demand for dried powders that are high in thermal efficiency and can be produced in large quantities.

Cycle Insights

In 2018, the open cycle segment held more than 65% of the market and will continue to dominate the market in the future. This drying equipment is also known as the traditional drying equipment. It has many advantages such as the ability to dry heat-sensitive and heat-resistive products, their availability in many sizes, capacities, and low energy consumption.

Some products, like those that have been dissolved in or suspended in organic solvents cannot be dried in an open cycle dryer in the atmosphere. This is because it could explode. Closed cycle spray dryers are best for drying certain products such as dyestuffs, pigments, and carbide. They also use an inert gas (e.g. To eliminate the possibility of an explosion or subsequent fire, they use nitrogen. All these factors combined mean that the CAGR for the closed cycle segment will be 7.8% during the forecast period.

Flow Insights

Co-current had a greater market share than 55% in 2018, as key companies introduced a range of co-current equipment for industrial, laboratory and R&D purposes. Because they can reduce the temperature of the drying medium by instantaneously vaporizing water, co-current flow dryers have been particularly popular for heat-sensitive products. Mix flow will be the fastest growing segment during the forecast period. Mixed flow patterns offer better mixing capabilities and can potentially deliver a superior efficiency by combining co-current and contra-current flow techniques. The number of applications and subsequent adoption of mixed flow dryers will continue to increase.

Application Insights

Due to the widespread adoption of equipment for making infant products, egg powder, or coffee powder, food & dairy was the most popular application segment in 2018. Companies in the dairy industry are encouraged to set up processing plants in emerging countries due to the favorable decisions made by the governments of China and India to raise the Foreign Direct Investments limits (FDIs). This will drive segment growth.

CAGR for the chemical segment is expected to be the highest from 2019-2025, due to increased product adoption in the chemical sector for spray drying polymers, resins and other intermediate chemical products. The segment is expected to grow due to the increasing compliance with safety and environmental regulations regarding the processing of products. This includes catalysts and flammable organic solvents.

Regional Insights

North America held the largest market share, with more than 30% in 2018, due to the rapid adoption of emerging technologies by key companies to increase efficiency and ensure the highest quality products. These equipment were also adopted more frequently due to increased R&D capabilities in the United States. Asia Pacific is the fastest growing region market with a CAGR 8.1% between 2019 and 2025. This is due to changing food preferences and rising disposable income. The market will be boosted by favorable regulations from some governments that encourage overseas investors to set up food and dairy production facilities in the region.

Market Share Insights & Key Companies

GEA Group AG, G. Larsson Starch Technology AB, SPX FLOW, Inc.; Dedert Corporation, Shandong Tianli Drying Technology and Equipment Co., Ltd., Hemraj Enterprises, New AVM Systech Pvt. Ltd. are some of the major players in spray drying equipment. Ltd., BUCHI Labortechnik AG, Yamato Scientific America, Inc., Swenson Technology, Inc., Tetra Pak Internaional S.A., Saka Engineering Systems Private Ltd., Tetra Pak Internaional S.A., and Acmefil Engineering Systems Pvt. Ltd.

Companies that are key to expanding their geographic footprint in emerging markets focus on this. Dedert Corporation, for example, has ordered a new Indonesian food ingredient spray dryer. The new plant will increase production capacity for food sweeteners needed to make infant formula up to 4,000 kg/h. Archer Daniels Midland Company in Tianjin has been also equipped with equipment. The plant will produce soluble dietary fibre and has a production capability of 15,000 tons/year.

Market Report Scope Spray Drying Equipment

The Report Covers Certain Segments

This report forecasts volume and revenue growth at the global, regional and country level. It also provides analysis of industry trends for each sub-segment from 2015 to 2025. Grand View Research has divided the global spray drying equipment market by product, stage and cycle, flow, application and region.

• Product Outlook (Revenue USD Million, 2015-2025)

  • Rotary Atomizer

  • Nozzle Atomizer

  • Fluidized

  • Centrifugal

• Stage Outlook (Revenue USD Million, 2015-2025)

  • Single-Stage

  • Two-Stage

  • Multi-Stage

• Cycle Outlook (Revenue USD Million, 2015-2025)

  • Open

  • Closed

• Flow Outlook (Revenue USD Million, 2015-2025)

  • Co-Current

  • Counter-Current

  • Mixed Flow

• Application Outlook (Revenue USD Million, 2015-2025)

  • Food & Dairy

  • Pharmaceuticals & Nutraceuticals

  • Chemical

  • Other

• 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

Up Market Research published a new report titled “Spray Drying Equipment Market research report which is segmented by Stage (Single-Stage, Two-Stage), by Product (Nozzle Atomizer, Rotary), by Cycle (Open, Closed), By Players/Companies New AVM Systech Pvt Ltd; BÅ“CHI Labortechnik AG; Yamato Scientific America, GEA Group AG; G Larsson Starch Technology AB; SPX FLOW, Inc; Dedert Corporation; Shandong Tianli Drying Technology and Equipment Co, Ltd; Hemraj Enterprises, Inc; Swenson Technology, Inc; Tetra Pak International SA; Saka Engineering Systems Private Ltd; Tetra Pak International SA; and Acmefil Engineering Systems Pvt Ltd”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Spray Drying Equipment Market Report Segments:

The market is segmented by Stage (Single-Stage, Two-Stage), by Product (Nozzle Atomizer, Rotary), by Cycle (Open, Closed).

Spray Drying Equipment Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Spray Drying Equipment Market

Overview of the regional outlook of the Spray Drying Equipment Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Spray Drying Equipment Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Spray Drying Equipment Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.

                1. Single-Stage

                2. Two-Stage

                1. Nozzle Atomizer

                2. Rotary

                1. Open

                2. Closed

9. Market scenario by region, sub-region, and country.
10. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
11. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
12. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Spray Drying Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
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Reasons to Purchase the Spray Drying Equipment Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.