The Spray Drying Equipment Global Market Report 2021-30 by The Business Research Company describes and explains the global spray drying equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025, termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
The Spray Drying Equipment Global Market Report 2021 covers spray drying equipment market drivers, spray drying equipment market trends, spray drying equipment market segments, spray drying equipment market growth rate, spray drying equipment market major players, and spray drying equipment market size.
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The spray drying equipment market report provides an in-depth analysis of the impact of COVID-19 on the global spray drying equipment industry, along with revised market numbers due to the effects of the coronavirus and the expected spray drying equipment market growth numbers 2021-2030.
Spray Drying Equipment Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.
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The global spray drying equipment market is expected to grow from $4.35 billion in 2020 to $4.81 billion in 2021 at a compound annual growth rate (CAGR) of 10.58%. The growth is mainly due to increase in ready-to-eat food products, high consumption of processed food and increasing technological advancements in the market. The spray drying equipment market is expected to reach $6.44 billion in 2025 at a CAGR of 7.58%.
The report covers the spray drying equipment market segments-
1) By Product Type: Rotary Atomizers, Nozzle Atomizers, Fluidized, Centrifugal, Others
2) By Flow Type: Co-current, Counter Current, Mixed
3) By Application: Food, Chemical, Pharmaceutical, Other Applications
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