2025-2034 Spray Drying Equipment Market Roadmap: Insights for Competitive Advantage

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How Large Will the Spray Drying Equipment Market Size By 2025?
The market size of spray drying equipment has seen robust growth in the past few years. Its value is projected to increase from $6.25 billion in 2024 to $6.72 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.4%. The growth in the previous period is due to factors like rapid urbanization, increasing demand for processed food products, the expansion of pharmaceutical, food, and chemical industries, the application in the chemical industry, changes in lifestyle, and a rise in household income.

How Big Is the Spray Drying Equipment Market Size Expected to Grow by 2029?
We foresee a robust expansion in the spray drying equipment market, which is projected to reach $9.23 billion by 2029, with a compound annual growth rate (CAGR) of 8.3%. This growth during the projected timeframe can be accredited to factors such as stringent environmental regulations, heightened research and development activities, development of new markets, an increase in specialty chemicals and advanced materials, and a rising population. Key trends to watch during this period include the integration of industry 4.0, the advent of hybrid drying technologies, development of customized and modular solutions, advancements in biotechnology, and an emphasis on energy efficiency.

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Which Key Market Drivers Powering Spray Drying Equipment Market Expansion and Growth?
The rise in the intake of processed and ready-to-eat (RTE) meals is predicted to stimulate the expansion of the spray drying equipment market over the anticipated period. There is a noticeable increase in the usage of spray drying technologies among packaged food manufacturers. For example, the National Association of Convenience Stores (NACS), a trade organization based in the U.S, reported in April 2024 that the total food service sales for the industry, which includes prepared food, commissary items, and beverages, represented 26.9% of in-store sales in the year 2023, a rise from 25.6% back in 2022. Prepared food sales per store each month also saw growth of 12.2%. This surge in consumption is projected to enhance the surge of the spray drying equipment market.

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Which Fast-Growing Trends Are Poised to Disrupt the Spray Drying Equipment Market?
Key players in the spray drying equipment market are introducing novel products like the Mini Spray Dryer to cater to the increased demand. The Mini Spray Dryer is a small, multi-purpose lab device that transforms liquid samples into a dry, powdered form using the spray drying method. As an example, in June 2022, BÜCHI Labortechnik, a manufacturing firm based in Switzerland, unveiled the Mini Spray Dryer S-300, a next-generation spray drying system. This machine offers automated control of various factors such as the spray gas, drying gas, and pump velocity. It also continuously monitors the temperature of both the product under production and the outlet, which is critical for the protection of heat-sensitive samples.

What Are the Emerging Segments in the Spray Drying Equipment Market?
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

Subsegments:
1) By Rotary Atomizers: High-Speed Rotary Atomizers, Low-Speed Rotary Atomizers
2) By Nozzle Atomizers: Pressure Nozzle Atomizers, Air-Assist Nozzle Atomizers, Two-Fluid Nozzle Atomizers
3) By Fluidized: Fluidized Bed Dryers, Spray-Freeze Dryers
4) By Centrifugal: Centrifugal Spray Dryers, Disc Atomizer Centrifugal Dryers
5) By Other Product Types: Multi-Stage Spray Dryers, Batch Spray Dryers, Laboratory Spray Dryers

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Who Are the Global Leaders in the Spray Drying Equipment Market?
Major companies operating in the spray drying equipment market include GEA Group AG, SPX Flow Inc., Shandong Tianli Drying Technology & Equipment Co. Ltd., Buchi Labortechnik AG, European SprayDry Technologies LLP, Dedert Corporation, Acmefil Engineering Systems Pvt. Ltd., Yamato Scientific America Inc., Swenson Technology Inc., Tetra Pak International S.A., Saka Engineering Systems Private Ltd., Shandong Shungeng Drying Equipment Co. Ltd., G. Larsson Starch Technology AB, Hemraj Enterprises, New AVM Systech Pvt. Ltd., C. E. Rogers Company, Changzhou Lemar Drying Engineering Co. Ltd., Dürr Systems Inc., SiccaDania Group, Advanced Drying Systems, Labplant, AVM Systech, Pilotech, Changzhou Ruide Drying Engineering Technology Co. Ltd.

Which are the Top Profitable Regional Markets for the Spray Drying Equipment Industry?
North America was the largest region in the spray drying equipment market in 2024. Asia-Pacific is expected to record the fastest growth over the spray drying equipment market share during the forecast period. The regions covered in the spray drying equipment market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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