Spray Drying Equipment Global Market By Product, By Drying Stage, By Application, By Cycle, By Capacity, By Region And Segment Forecast 2024-2033 | GEA Group AG, SPX Flow Inc., Buchi Labortechnik AG, Dedert Corporation, Swenson Technology Inc.

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The Spray Drying Equipment Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Spray Drying Equipment Global Market Report 2024, The spray drying equipment market size has grown strongly in recent years. It will grow from $5.85 billion in 2023 to $6.35 billion in 2024 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to rapid rate of urbanization, growing demand for processed food products, growing pharmaceutical, food, and chemical industries, chemical industry applications, altering lifestyle and rising domestic income.

The spray drying equipment market size is expected to see strong growth in the next few years. It will grow to $8.88 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to environmental regulations, increase research and development, emerging markets, specialty chemicals and advanced materials, growing population. Major trends in the forecast period include industry 4.0 integration, hybrid drying technologies, customized and modular solutions, biotechnology advancements, energy efficiency.

An increase in the consumption of processed and ready-to-eat (RTE) foods is expected to propel the growth of the spray drying equipment market during the forecast period. Spray drying technologies are becoming increasingly common with packaged food producers. For instance, according to Press Information Bureau, an India-based government agency, in comparison to 2020-21 (April-October), India’s exports of ready-to-eat foods increase by 24% to $ 394 million in 2021–22 (April–October). Thus, with spray drying being used by manufacturers of ready-to-eat (RTE) foods, the increase in their consumption is expected to boost the growth of the spray drying equipment market.

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The spray drying equipment market covered in this report is segmented –
1) By Product Type: Rotary Atomizers, Nozzle Atomizers, Fluidized, Centrifugal, Other Product Types
2) By Flow Type: Co-current, Counter Current, Mixed
3) By Application: Food, Chemical, Pharmaceutical, Other Applications

Major Key Players Are

GEA Group AG
SPX Flow Inc.
Buchi Labortechnik AG
Dedert Corporation
Swenson Technology Inc.

Major companies operating in the spray drying equipment market are developing innovative products such as Mini Spray Dryer to meet the growing demand for spray drying A mini spray dryer is a compact and versatile laboratory instrument used to convert liquid samples into dry powder form through the process of spray drying. For instance, in June 2022 BÜCHI Labortechnik, a Switzerland-based machinery manufacturer announced the launch of the Mini Spray Dryer S-300, which is a new generation of spray drying systems. The apparatus is designed for automatic control of various parameters, including spray gas, drying gas, and pump speed. Additionally, it keeps a vigilant watch on both the temperature of the product being produced and the temperature at the outlet, all in the interest of safeguarding heat-sensitive samples.

The spray drying equipment market report table of contents includes:
1. Executive Summary
2. Spray Drying Equipment Market Characteristics
3. Spray Drying Equipment Market Trends And Strategies
4. Spray Drying Equipment Market – Macro Economic Scenario
5. Global Spray Drying Equipment Market Size and Growth
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31. Global Spray Drying Equipment Market Competitive Benchmarking
32. Global Spray Drying Equipment Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Spray Drying Equipment Market
34. Spray Drying Equipment Market Future Outlook and Potential Analysis
35. Appendix

List Of Tables
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Spray Drying Equipment Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Spray Drying Equipment Market, Segmentation By Flow Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Spray Drying Equipment Market, Segmentation By Applications, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: GEA Group AG Financial Performance
Table 75: SPX Flow Inc. Financial Performance
Table 76: Shandong Tianli Drying Technology & Equipment Co. Ltd. Financial Performance
Table 77: Buchi Labortechnik AG Financial Performance
Table 78: European SprayDry Technologies LLP Financial Performance