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Food Spray Drying Equipment Market Research Report: By Product Type (Centrifugal Spray Dryers, Pneumatic Spray Dryers, Rotary Spray Dryers), By Application (Dairy & Egg Products, Pharmaceuticals, Food & Beverages, Chemicals, Cosmetics & Personal Care), By End-Use Industry (Food & Beverage, Pharmaceuticals, Chemicals, Others), By Technology (Single-Stage Spray Drying, Multi-Stage Spray Drying, Hybrid Spray Drying) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2032


ID: MRFR/F-B & N/22897-HCR | 100 Pages | Author: Pradeep Nandi| November 2024

Global Food Spray Drying Equipment Market Overview


Food Spray Drying Equipment Market Size was estimated at 13.29 (USD Billion) in 2022. The Food Spray Drying Equipment Industry is expected to grow from 14.03(USD Billion) in 2023 to 22.8 (USD Billion) by 2032. The Food Spray Drying Equipment Market CAGR (growth rate) is expected to be around 5.55% during the forecast period (2024 - 2032).


Food Spray Drying Equipment Market Overview


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Key Food Spray Drying Equipment Market Trends Highlighted


The Food Spray Drying Equipment Market is poised for growth in the coming years. Key market drivers include the increasing demand for convenience foods, the growing popularity of plant-based protein, and the need for efficient food processing techniques.


Opportunities for market players lie in the development of new technologies, such as microencapsulation and nanoencapsulation, which can enhance the stability and functionality of food ingredients. Emerging trends in the market include the use of advanced automation and control systems, the adoption of sustainable practices, and the increasing focus on product customization. Market players that can adapt to these trends and address the specific needs of their target customers are likely to succeed in the competitive landscape.


Food Spray Drying Equipment Market Drivers


Rising Demand for Convenience Foods


The Food Spray Drying Equipment Market Industry will be driven by the increasing demand for convenience foods as people continue to adopt ready-to-eat meals, snacks, and beverages in their diets. Spray drying is a technology used to remove moisture from food products and to create a dry powder that is free-flowing and easy to store. As such, food products that are created using this technology tend to have a longer shelf life, which meets the demands of people that seek quick and convenient foods.


Technological Advancements


Development of new nozzle designs, atomization techniques, and efficient control systems, advancements in the spray drying technology help facilitate food spray drying equipment, its efficiency and versatility. With the help of modern technology, spray drying equipment for food products can be effectively applied for the regular production of high-quality food powders, which are characterized by improved functionality and versatility from nutritional and technological viewpoints.Besides, due to the technological advancements in the field, the number of compact and easy-to-apply spray drying systems, which are also quite energy efficient, has significantly increased, thus turning it into a more than convenient option for the application within small and medium-sized food manufacturers. As technology continues to advance, this trend in the Food Spray Drying Equipment Market Industry can be clearly expected to continue to grow.


Growing Health and Wellness Trend


As "eating better, feeling better" becomes one of the largest lifestyle trends in many countries, the demand for natural and only moderately processed foods with "clean” labels increases. Since spray drying is one of the gentle drying methods retaining the majority of nutritive and organoleptic properties, the powder produced by it is both convenient for storage and suitable for conforming to the needs of conscientious consumers. Moreover, spray drying technology is effectively used for protecting such sensitive ingredients as probiotics and antioxidants from deterioration in the harsh environment of human organisms, and positively affects the bioavailability of these materials.Thus, both healthy and functional properties of food products are ensured by the use of spray dried powders.


Food Spray Drying Equipment Market Segment Insights:


Food Spray Drying Equipment Market Product Type Insights


The product type segment of the Food Spray Drying Equipment Market is categorized into centrifugal spray dryers, pneumatic spray dry, and rotary spray. In 2023, centrifugal spray dryers accounted for over 60% of the global market revenue and are the most prevalent type of spray dryer in the food sector. They are ideal for drying heat-sensitive products since they work at lower temperatures and shorter drying times compared to the other types. Milk powder, whey protein, coffee, and other food powders are examples of such products. Pneumatic spray dryers, on the other hand, are utilized to dry goods that are more viscous or have a higher solids content.Fruit juices, sauces, and purees are examples of these items. As far as heat-resistant products are concerned, rotating spray dryers are the most efficient. The market value is anticipated to reach 22.8 billion USD by 2032. Factors that drive the market include the growing need for processed foods, the increased production of convenience foods, and the food industries' raised use of spray drying technology. During the forecast period, centrifugal spray dryers are expected to maintain their market dominance, accounting for more than 55% of the global revenue.The expansion of the centrifugal spray dryer market is expected to be fueled by demand for high-quality food powders such as milk powder, whey protein, and coffee. The lower efficiency and higher costs of operation coincide most with rotary spray dryers as they are expected to expand at a slower pace than the other types.


Food Spray Drying Equipment Market Product Type Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Food Spray Drying Equipment Market Application Insights


The Food Spray Drying Equipment Market is segmented by Application into Dairy Egg Products, Pharmaceuticals, Food Beverages, Chemicals, and Cosmetics Personal Care. Among these segments, the Food Beverage segment is expected to hold the largest market share of over 40% in 2023, as the demand for spray-dried food products, including powdered milk, coffee, and tea, keeps rising. Consequently, Food Beverage is also the fastest-growing market segment over the forecast period. The Pharmaceuticals segment is set to be another significant growth market owing to the rising demand for spray-dried pharmaceuticals such as antibiotics, vitamins, and hormones.The Chemicals segment is expected to see moderate growth due to the demand for spray-dried chemicals such as dyes, pigments, and polymers. Finally, the Cosmetics and Personal Care segment is set for steady growth over the forecast period owing to rising demand for spray-dried cosmetics such as powders, foundations, and hair care.


Food Spray Drying Equipment Market End-Use Industry Insights


The End-Use Industry segment plays a critical role in shaping the dynamics of the Food Spray Drying Equipment Market. Among the key end-use industries, Food Beverage holds the largest market share, driven by the increasing demand for processed and packaged food products. The Pharmaceuticals industry is another significant segment, with spray drying technology widely used in the production of pharmaceuticals and nutraceuticals. The Chemicals industry also utilizes spray drying for various applications, such as the production of specialty chemicals and coatings.Other end-use industries, including cosmetics, agriculture, and materials science, contribute to the overall growth of the Food Spray Drying Equipment Market. This growth is attributed to factors such as rising demand for convenience food, advancements in spray drying technology, and increasing investments in research and development.


Food Spray Drying Equipment Market Technology Insights


The Food Spray Drying Equipment Market segmentation by Technology includes Single-Stage Spray Drying, Multi-Stage Spray Drying, and Hybrid Spray Drying. The Single-Stage Spray Drying segment held a substantial market share in 2023, owing to its simplicity and cost-effectiveness. Multi-Stage Spray Drying is expected to witness significant growth over the forecast period due to its ability to produce high-quality powders with improved solubility and stability. Hybrid Spray Drying, which combines the advantages of both Single-Stage and Multi-Stage Spray Drying, is also expected to gain traction during the forecast period.The Food Spray Drying Equipment Market revenue from the Technology segment is projected to grow from USD 14.03 billion in 2023 to USD 22.8 billion by 2032, at a CAGR of 5.55%.


Food Spray Drying Equipment Market Regional Insights


The Food Spray Drying Equipment Market is segmented into North America, Europe, APAC, South America, and MEA. Among these regions, North America held the largest market share in 2023 and is expected to maintain its dominance throughout the forecast period. The growth of the Food Spray Drying Equipment Market in North America can be attributed to the increasing demand for processed foods, the presence of major food and beverage companies, and the growing adoption of advanced technologies. Europe is another significant region in the Food Spray Drying Equipment Market, with a substantial market share.The market in Europe is driven by strict food safety regulations, the rising demand for convenience foods, and the presence of a large number of food processing companies. The APAC region is expected to witness the fastest growth in the Food Spray Drying Equipment Market during the forecast period. The growth in this region is attributed to the increasing population, the rising disposable income, and the changing dietary habits. The MEA and South America regions are also expected to contribute to the growth of the Food Spray Drying Equipment Market, although their market share is relatively smaller compared to the other regions.


Food Spray Drying Equipment Market Regional Insights


Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


Food Spray Drying Equipment Market Key Players And Competitive Insights:


Constant innovation and development of new technologies to strive for a competitive edge will be continued by major players in the Food Spray Drying Equipment Market. The leading players in the Food Spray Drying Equipment Market are investing in research and development to improve the efficiency and performance of equipment, resulting in new and improved products in the Food Spray Drying Equipment Market, which are more efficient, cost-effective and environmentally friendly. Competition in the Food Spray Drying Equipment Market is expected to be highly competitive during the next five years, and major players are concentrating on research and development and expansion in emerging markets to enhance their market share.


GEA Group leads the Food Spray Drying Equipment Market. GEA Group is a provider of process technology and components for the food, beverage and pharmaceutical industries in the world. The products of the company in the Food Spray Drying Equipment Market include a wide range of spray dryers, atomizers and other equipment, and it has a good presence in a global wide market. The customers of the company for its products in the Food Spray Drying Equipment Market are from different ranges, from food and beverage manufacturers to pharmaceutical companies and research institutions.


Another company in the Food Spray Drying Equipment Market is SPX FLOW. SPX FLOW is a provider of process technologies and solutions for various markets such as food and beverage, power generation and industrial. Food Spray Drying Equipment Market products of this company include a wide range of spray dryers, atomizers and other equipment, and it has a good presence in a global wide market as well as has good range of customers from food and beverage manufacturers to pharmaceutical companies and research institutions.


Key Companies in the Food Spray Drying Equipment Market Include:



  • SPX FLOW

  • Alfa Laval

  • Mastervac Spray Dryers

  • Comac Spray Technology

  • Yamato Drying Systems

  • Taiyo Kagaku

  • Niro (GEA)

  • Hosokawa Micron

  • GEA Group

  • Acme Process Equipment

  • BioRad Laboratories

  • Tetra Pak

  • Key Technology

  • J Baker

  • Buchi


Food Spray Drying Equipment Market Industry Developments


The Food Spray Drying Equipment Market is expected to grow from a value of USD 14.03 billion in 2023 to USD 22.8 billion by 2032, exhibiting a CAGR of 5.55% during the forecast period. The growth of the market is attributed to the increasing demand for convenience food products, growth in the dairy industry, and technological advancements in spray drying equipment. Key recent developments include the launch of new spray drying systems by major players like GEA and SPX Flow, and the adoption of advanced technologies such as computational fluid dynamics (CFD) and artificial intelligence (AI) to optimize spray drying processes. Furthermore, government regulations on food safety and quality are driving the demand for advanced spray drying equipment that can meet these standards.


Food Spray Drying Equipment Market Segmentation Insights



  • Food Spray Drying Equipment Market Product Type Outlook

    • Centrifugal Spray Dryers

    • Pneumatic Spray Dryers

    • Rotary Spray Dryers




 



  • Food Spray Drying Equipment Market Application Outlook

    • Dairy Egg Products

    • Pharmaceuticals

    • Food Beverages

    • Chemicals

    • Cosmetics Personal Care




 



  • Food Spray Drying Equipment Market End-Use Industry Outlook

    • Food Beverage

    • Pharmaceuticals

    • Chemicals

    • Others




 



  • Food Spray Drying Equipment Market Technology Outlook

    • Single-Stage Spray Drying

    • Multi-Stage Spray Drying

    • Hybrid Spray Drying




 




  • Food Spray Drying Equipment Market Regional Outlook




    • North America




    • Europe




    • South America




    • Asia Pacific




    • Middle East and Africa





Report Attribute/Metric Details
Market Size 2022 13.29(USD Billion)
Market Size 2023 14.03(USD Billion)
Market Size 2032 22.8(USD Billion)
Compound Annual Growth Rate (CAGR) 5.55% (2024 - 2032)
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Base Year 2023
Market Forecast Period 2024 - 2032
Historical Data 2019 - 2022
Market Forecast Units USD Billion
Key Companies Profiled SPX FLOW, Alfa Laval, Mastervac Spray Dryers, Comac Spray Technology, Yamato Drying Systems, Taiyo Kagaku, Niro (GEA), Hosokawa Micron, GEA Group, Acme Process Equipment, BioRad Laboratories, Tetra Pak, Key Technology, J Baker, Buchi
Segments Covered Product Type, Application, End-Use Industry, Technology, Regional
Key Market Opportunities 1 Growing demand for convenience food2 Rising health consciousness3 Increasing use of spray-dried food ingredients4 Technological advancements5 Expansion into emerging markets
Key Market Dynamics Growing demand for convenience foods The rising popularity of personalized nutrition Increasing government regulations on food safety Technological advancements in spray drying technology Expanding applications in the pharmaceutical industry
Countries Covered North America, Europe, APAC, South America, MEA


Frequently Asked Questions (FAQ) :

The Food Spray Drying Equipment Market was valued at USD 14.03 billion in 2023 and is projected to reach USD 22.8 billion by 2032, exhibiting a CAGR of 5.55% during the forecast period.

North America is expected to hold the largest market share in the Food Spray Drying Equipment Market, followed by Europe and Asia-Pacific.

The key growth drivers for the Food Spray Drying Equipment Market include increasing demand for convenience foods, rising disposable income, and growing awareness of the benefits of spray drying technology.

Major applications of Food Spray Drying Equipment include the production of dairy products, beverages, confectionery, and pharmaceuticals.

Key competitors in the Food Spray Drying Equipment Market include GEA Group, SPX Flow, Tetra Pak, and Buchi.

Challenges faced by the Food Spray Drying Equipment Market include high capital costs, stringent regulatory requirements, and intense competition.

Emerging trends in the Food Spray Drying Equipment Market include the adoption of advanced technologies, such as automation and IoT, and the growing demand for sustainable solutions.

The Food Spray Drying Equipment Market is expected to register a CAGR of 5.55% from 2024 to 2032.

The base year considered for the Food Spray Drying Equipment Market is 2023.

The forecast period for the Food Spray Drying Equipment Market is from 2024 to 2032.

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