The global spray drying equipment market size is estimated to reach USD 7.19 billion by 2025 registering a CAGR of 6.8%, according to a new study by Grand View Research, Inc. Spray drying envisages transforming a liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It is a widely preferred method to dry food materials, pharmaceutical products, and other temperature-sensitive items, such as dairy products. Moreover, rising need to increase the shelf-life of processed food and pharmaceutical products is opening new growth opportunities in the food processing and pharmaceutical industries. Thus, demand from the dairy processing industry for producing milk powder and stabilizing the milk constituents and from the pharmaceutical industry for producing antibiotics is anticipated to drive the market.
The
demand for nutrition products including whey protein, mass gainer, egg white
protein, casein protein has increased due to rising awareness about leading a
healthy lifestyle and to prevent disorders, such as obesity, diabetes, and high
BP. This, in turn, has also augmented the demand for dryers from the
nutraceutical industry. Increasing demand for resins and polymers in line with
the growing usage of synthetics has triggered the demand for drying Suspension
Polyvinyl Chloride (S-PVC), Emulsion Polyvinyl Chloride (E-PVC), and other
chemicals required for producing building pipes, cable insulations, and hard
and soft foils, among others. Demand for spray dryers for industrial purposes
is further expected to drive the market from 2019 to 2025.
Growing
need for application-specific dryers is also offering new growth opportunities
for companies to develop innovative equipment. For instance, the risk of
explosion and emission of hazardous gases while drying chemical and
pharmaceutical products has led to the development of closed loop dryers.
Similarly, the need to process and produce powder particles in bulk quantities
is leading to a significant adoption of three-stage equipment. However, high
installation and maintenance costs and the inability of spray dryers to process
highly-viscous materials, such as starch and fruit pulp, may hinder the market
growth over the forecast period.
Full Research Report On Spray Drying Equipment Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/spray-drying-equipment-market
Spray Drying
Equipment Market Report Highlights
- Demand for
three-stage spray drying equipment is expected to increase from 2019 to
2025 due to its benefits, such as high thermal efficiency, low energy
consumption ratio, and ability to process bulk production
- North America
accounted for the largest market share of more than 30% in 2018 owing to
high annual milk production in U.S. as a result of rising demand for
powdered milk, infant products, and other nutraceutical products
- Extensive
product usage in the pharmaceutical industry for R&D purposes in laboratories
is also anticipated to drive the North American regional market over the
forecast period
- Changing
consumer food preferences and increasing number of installations of food
processing plants in emerging economies, such as India and China, are
expected to drive the APAC market
- The chemical
application segment is expected to witness the highest CAGR over the
forecast period owing to higher product adoption in the manufacturing of
polymers and resins, hard metals, dyestuff and pigments, and agrochemicals
- Key companies
in the spray drying equipment market are GEA Group AG, Dedert Corporation,
and Tetra Pak International S.A. These companies are strategically
expanding their geographical footprint to increase their market share and
overall profitability
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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