The spray drying equipment market has seen considerable growth due to a variety of factors.
• Over the past years, the market size of spray drying equipment has seen a robust growth. The market value is expected to escalate from $6.25 billion in 2024 to $6.72 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%.
The substantial growth during the historical stage has been influenced by the swift pace of urbanization, increased demand for processed food items, expansion in pharmaceutical, food, and chemical sectors, applications in the chemical industry, lifestyle changes, as well as an upsurge in domestic income.
The spray drying equipment market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for substantial expansion in the spray drying equipment market in the coming years. It is projected to reach a value of $9.23 billion in 2029, with a compound annual growth rate (CAGR) of 8.3%.
The growth anticipated in the forecast period is due to factors such as environmental regulatory measures, escalated research and development, emerging markets, specialty chemicals and advancements in materials, as well as population growth. Key trends during the forecast period involve integration of industry 4.0, development of hybrid drying technologies, customization and modular solutions, progress in biotechnology, and energy efficiency.
The expected surge in the intake of ready-to-eat (RTE) and processed foods is predicted to spur the expansion of the spray drying equipment market in the forecast period. Packaged food manufacturers are increasingly utilizing spray drying technologies. For example, a report by the National Association of Convenience Stores (NACS), a trade association based in the US, revealed in April 2024 that overall foodservice sales in the industry, which include prepared food, dispensed beverages, and commissary goods, made up 26.9% of in-store sales in 2023, a rise from 25.6% in 2022. Additionally, prepared food sales per store per month saw a 12.2% growth. The expected rise in consumption of these foods is likely to further stimulate the spray drying equipment market's expansion.
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
Leading corporations in the spray drying equipment market are introducing inventive products like the Mini Spray Dryer to fulfill the growing spray drying demand. A Mini Spray Dryer is a compact, versatile laboratory tool that turns liquid samples into dry powder via spray drying. For example, in June 2022, BÜCHI Labortechnik, a machinery manufacturer based in Switzerland, declared the release of the Mini Spray Dryer S-300, a novel member of spray drying systems. The device is programmed to control numerous parameters, including spray gas, drying gas, and pump speed while closely monitoring both the temperature of the product under development and the exit temperature, all concerned with defending heat-sensitive samples.
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.
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.