Global Spray Drying Equipment Market Size is estimated to expand rapidly in coming years, at a CAGR of 7.25 % from 2018 to 2025. In 2017, the global market valuation was USD 5.1 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. The development of functional food and ready-to-eat foods preferences and meat processers are anticipated to promote the market growth from 2018 to 2025 with their concentrate on implementing products that have improved shelf-life. The increasing use of antibiotics, penicillins, enzymes and whey proteins in the pharmaceutical and nutraceutical sectors will also push the industry over the predicted cycle.
Spray drying is the most popular and simplest burning procedure in comparison with other industries for the processing of any liquid or semi-solid feeds. Also the most featuring technique for manufacturing heat sensitive products like milk powder, egg powder and coffee powder. This helps to produce thin and granular frozen dust droplets, which can be used in meat products and juices as flavoring agents and in bakery products. Spray dryers are therefore commonly used in the meat, dairy, pharmaceutical, nutraceutical and chemical sectors. The aim here is to encourage producers to design and create appliances that help various kinds of feedstock, like water, glue, gel, slurry, suspension and melting. For market growth, these considerations all bode well. However, the high expenses and the absence of qualified technicians in assembly and servicing can to some point restrict the market growth.
Global Market Growth Opportunities (Revenue, Growth) By 2018-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global spray drying equipment market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global spray drying equipment market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
By Product Insights: On the basis of product, global spray drying equipment market has been segmented into rotary, nozzle atomizer. The nozzle Atomizer Segment was the world's biggest market share in 2018 due to the important use of Dust Atomizer machinery to create harder and freer-flowing powders. Dust atomizer dryers are also available for a variety of stream speeds in combination with various blowing facilities. These are therefore the perfect option for apps requiring optimum flow rate and versatile particle size manufacturing.
By Application Insights: On the basis of application, global spray drying equipment market has been segmented into food & dairy, pharmaceuticals & nutraceuticals, chemical, others. Due to important use of machinery for the production of infant products, egg powder, and coffee powder, food & dairy was the biggest implementation category in 2018. In addition it encourages businesses in the dairy sector to build handling facilities in those nations to make positive choices by emerging economies, including India and China to raise the Foreign Direct Investment (FDI) restrictions on the food industry. The section is anticipated to grow accordingly.
The spray drying equipment market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players.
The biggest market share in 2018 was in North America because important businesses quickly adopted fresh and evolving techniques to enhance their general effectiveness and guarantee an optimal product quality. In fact, the enhanced implementation of R&D in different sectors, like pharmaceuticals and nutraceuticals, in the U.S. Asia-Pacific, due to shifting food preferences combined with increasing disposable income, is reported to be the fastest-growing global economy from 2019 to 2025. Furthermore, some countries ' favorable laws that encourage foreign buyers to set up factories for food/milk manufacturing in the area will boost the industry.
Global Spray Drying Equipment Market Size, Share Analysis by Region 2018
Global Spray Drying Equipment Market Study Objective
1. To forecast the market size of spray drying equipment market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
2. Market analysis and forecast of spray drying equipment market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
3. To analyze and elaborate significant factors that will have a major impact on the growth of spray drying equipment market, such as drivers, restraints, challenges, and opportunities.
4. The regional analysis of spray drying equipment market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.
5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.
6. To provide detailed analysis of competitive and strategic developments in the spray drying equipment market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
Key Players Landscape
GEA Group AG, G. Larsson Starch Technology AB, SPX FLOW, Inc., Dedert Corporation, Shandong Tianli Drying Technology and Equipment Co., Ltd., Hemraj Enterprises, New AVM Systech Pvt. Ltd., BÜCHI Labortechnik AG, Yamato Scientific America, Inc., Swenson Technology, Inc., Tetra Pak International S.A., Saka Engineering Systems Private Ltd., Tetra Pak International S.A., and Acmefil Engineering Systems Pvt. Ltd. are some of the key players in the market of spray drying equipment.
Global Spray Drying Equipment Market Study Report Offer You!
The global spray drying equipment market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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