Spray Drying Equipment Market on Track for Strong Growth, Estimated to Grow at 7.8% CAGR Through 2029

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What Is the Expected CAGR for the Spray Drying Equipment Market Through 2025?
The market size of spray drying equipment has seen a robust increase in the past few years. Its value is predicted to climb from $6.25 billion in 2024 to $6.62 billion in 2025, showing a compound annual growth rate (CAGR) of 5.9%. The surge during the historical period can be linked to a speedy urbanisation pace, an escalating demand for processed food items, the expansion of pharmaceutical, food, and chemical industries, application in the chemical industry, changes in lifestyle, and an upswing in household income.

What's the Projected Size of the Global Spray Drying Equipment Market by 2029?
In the coming years, the spray drying equipment market is projected to experience robust expansion. By 2029, it's anticipated to reach a valuation of $8.95 billion, growing at a compound annual growth rate (CAGR) of 7.8%. This significant growth during the projected period can be attributed to factors such as environmental regulations, increased research and development activities, the rise of emerging markets, specialized chemicals, advanced materials, and a burgeoning population. Key trends during the forecast period include the integration of Industry 4.0, the advent of hybrid drying technologies, the development of personalized and modular solutions, advancements in biotechnology, and increased energy efficiency.

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Top Growth Drivers in the Spray Drying Equipment Industry: What's Accelerating the Market?
The surge in consumption of processed and ready-to-eat (RTE) meals is likely to fuel the expansion of the spray drying equipment market in the coming years. The use of spray drying technologies has become more prevalent among packaged food manufacturers. For example, in April 2024, a study by the National Association of Convenience Stores (NACS), a trade group based in the US, revealed that the total foodservice industry sales, including dispensed beverages, ready meals, and commissary items, constituted 26.9% of 2023's in-store sales, a rise from 25.6% in 2022. The monthly sales of prepared meals per store also saw an uptick of 12.2%. This surge in consumption is anticipated to contribute to the growth of the spray drying equipment market.

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Which Emerging Trends Are Transforming the Spray Drying Equipment Market in 2025?
Leading players in the spray drying equipment market are introducing novel products such as the Mini Spray Dryer to cater to the escalating demand for spray drying. The Mini Spray Dryer is a versatile and compact lab tool. It transforms liquid specimens into a dry powdery state via spray drying. For example, in June 2022, BÜCHI Labortechnik, a machinery manufacturer based in Switzerland, revealed the introduction of the Mini Spray Dryer S-300, a next-generation spray drying mechanism. It is crafted to regulate a variety of parameters automatically, such as the spray gas, drying gas, and pump speed. Moreover, it conscientiously monitors the temperature of both the manufactured product and the outlet to ensure the safe processing of heat-sensitive samples.

What Are the Main Segments in the Spray Drying Equipment Market?
The spray drying equipmentmarket 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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Which Top Companies are Driving Growth 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 Regions Will Dominate the Spray Drying Equipment Market Through 2029?
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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