Spray Drying Equipment Market

Spray Drying Equipment Market Growth and Forecast (2023-2028):

Spray Drying Equipment Market size was estimated at USD 4.11 billion in 2023 to USD 6.12 billion by 2028 to grow to record a CAGR of 6.9%.

Spray Drying Equipment Market Overview:

Spray drying equipment is beneficial to discard the moisture content from any food product. A basic spray drying operation consists of a liquid dispersion in the form of small droplets, then contact with a hot gas. The hot gas makes all the moisture in the drops evaporate and finally, we get our product in the form of grains. The most common design of spray drying equipment consists of a long column with the suspension manifold at the top and hot gases flowing from the bottom to the top. Spray drying is among the essential operations of any chemical process and is also a preferred method of drying for heat-sensitive items. Therefore, it finds immense applications in the food and pharmaceutical industries.

Recent Developments in Spray Drying Equipment Industry:

• European Spray Dry Technologies LLP launched "ESDT1 Lab Spray Dryers", the latest spray dryer model in Germany. It is a high-end, high-capacity custom dryer that helps produce powders quickly and easily. Find its application in the food, chemical, and pharmaceutical industry. Also, Calnetix Technologies, LLC provides spray drying equipment with MSM-250.

• In April 2020, GEA Group AG implemented and introduced BallastMaster marineX. This launch is about helping the company develop its global market.

• In April 2016, BÜCHI Labortechnik AG acquired the Flash Chromatography and ELSD product lines from Grace Discovery Sciences, in order to create a strong heritage of quality and customer service while creating more opportunities for the customer.

REPORT COVERAGE:

Market Drivers and Restraints:

Therefore, it is found in the food and pharmaceutical industry with huge applications. Due to the increased demand for resins and different polymers, the chemical processing sector is anticipated to be the fastest-growing sector in the expected era. The class type should be the main market segment during the forecast age, after a closed-loop spray dryer, which follows a liquid spray dryer. The main market drivers are increased demand for ready-to-eat products, increased durability and technological innovation in spray drying. However, the market may be limited by high thermal energy consumption and high operating costs. However, the emerging markets of Asia Pacific offer great market opportunities. The drying method consists of dehydration and removes any moisture content from the article. Spray dryers prevent the growth of microbes and extend life expectancy. Air dryers, atomizers, air heaters, air dispersers, drying chambers, the pumping system and the exhaust air filter and the process control system are all components of spray drying equipment. The use of spray drying equipment in the milk sector to produce milk powder is powerful. Powdered milk can be easily stored and overcome seasonal milk shortages.

The rise in skimmed milk powder could be in high demand, as the demand for food and a busy schedule is practically developed spray drying equipment are implemented in pharmaceutical companies to produce heat-sensitive drugs. The increase in geriatrics and the increase in customer spending on medicines due to the increase in different diseases are driving factors in the pharmaceutical industry. The manufacturing process for heat delicate products like Powdered eggs, coffee powder, milk powder and is also the most feasible. It contributes to the production of fine particles of dry and granular powder, which can be used to flavor foods and juices, and baked goods. Furthermore, the high energy consumption and toxic gas emissions associated with this equipment are proving to be the top concerns of manufacturers and consumers, particularly after calls from various governments to ensure profitable industrial operations energy to reduce pollution levels. However, technological advancements allow manufacturers to develop energy-efficient products without hazardous gas emissions, which will open up significant growth opportunities for the market.

Impact of covid-19 on Spray Drying Equipment Market:

As the effects of COVID-19 are felt around the world, food and beverage companies face significantly reduced supply chain disruption and consumption challenges. While domestic consumption has peaked in the past two weeks, domestic consumption has stagnated. Since the out-of-home market has always generated the highest margin, this will have an immediate impact on the income statement, although some suppliers seek to mitigate this by diverting their supplies to retail stores. Agricultural production is depressed, supply chains are disrupted, mainly due to rapid changes in behavior and consumer demand.

Once the situation begins to normalize, out-of-home consumption will resume, but it is unlikely to be enough to cover lost sales in the coming weeks. With an impending economic downturn, food and beverage revenues are likely to be under pressure.

Spray Drying Equipment Market Segmentation Analysis:

The market is based on spray dryer type, cycle type, drying stage, application, flow type, and geographic segments.

• Depending on the type of spray dryer, the market is segmented by rotary atomizer, nozzle and fluidized circuit, closed and centrifugal.

• Depending on the type of cycle, the market is divided into open cycle and closed cycle. Depending on the drying stage, the market is segmented into several stages, two stages and one stage.

• Depending on the type of flow, the market is segmented into concurrent stream jet dryers, counter-current jet dryers, and mixed flow jet dryers.

• Depending on the application, the market is segmented into food, pharmaceutical, chemical, and others.

Geographical Segmentation Analysis:

• North America - the United States and Canada

• Europe - United Kingdom, Spain, Germany, Italy, and France

• The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia

• Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM

• The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

The global market for Spray Drying Equipment has been categorized on the basis of geography into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America is now the market leader in regional chapters in terms of revenue in the world market for spray drying equipment. The Asia-Pacific region is expected to dominate the spray drying equipment market during its projected period, as the region's GDP is stable and potential growth in the food and beverage functional area (food and beverages) and the growing pharmaceutical sector leads to an awareness of consumer health. In North America, the United States and Canada dominate the international market for spray drying facilities as demand for milk and other polder types of milk is high where spray drying equipment are needed. The large US food and the additive market has grown, requiring consistency in spray drying equipment without losing its characteristics. Asia Pacific, due to changes in food preferences and rising rates of disposable income, would have been the fastest-growing regional market between 2020 and 2026. In addition, the positive laws of some governments encouraging international investors to build food and dairy facilities in the region will stimulate the market.

Spray Drying Equipment Market Key Players

1. Shandong Tianli Drying Technology and Equipment Co

2. ChangZhou lemar Drying Engineering Co

3. BÜCHI Labortechnik AG

4. European Spraydry Technologies

5. SPX FLOW, Ltd

6. GEA Group Aktiengesells chaft