Spray Drying Equipment Market Analysis, Growth, Trends, and Forecast-2023

Recent Developments:

GEA Group operates under a new integrated group structure, it manufactures solid and liquid dose technology. Batch and continuous granulation, spray drying, pelletizing and coating, contained materials handling, tablet compression, freeze-drying, fermentation and liquid formulation, separation, homogenization and cell disruption.

GEA BluQ is the world's first ammonia chiller with a semi-hermetic compact screw compressor. It is the ideal core component for air conditioning in buildings. Almost every modern commercial, residential or public buildings require air conditioning systems to provide stable room temperatures and healthy working and living conditions.

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Market Segmentations:

Spray Drying Equipment size was around USD 4.2 billion in 2016. It is expected to grow at a CAGR of 7.1% to reach USD 5.92 billion by 2021.

Report is segmented by

Driving stage
1. cycle type
2. flow type
By equipment
1. Rotary atomizer
2. Nozzle atomizer
3. Fluidized
4. Closed loop
5. Centrifugal

Spray drying equipment have played an important role in the processing of food products, including dry soups, ready-to-eat (RTE) food, dry vegetables, coffee mixes, milk powders for lactose intolerants, and modified starches. Due to consumer importance for high-value convenience food products, a sudden demand in the market for spray drying equipment has been witnessed.

Geographical Segmentation:

Based on geography, the market is analysed under various countries namely, North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Currently, North America accounts for the largest market and Asia-Pacific has the highest CAGR.

Key market players in the market are -
1. GEA Group AG (Germany)
2. SPX Flow Technology (U.S.)
3. Buchi Labortechnik AG (Switzerland)
4. Dedert Corporation (U.S.)

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Scope of the report:

The report gives a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the current market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is measured and the prospects with high growth potential are identified and debated.

The major players in the industry are profiled providing insights on their financial performance, market position and the growth strategies. Comparative analysis on key strategically activities of the market players delineating the key developments like mergers and acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also provides a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.

What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

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