Spray Drying Equipment Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

  • Report Code : FAT2300826
  • Published On: May, 2021
  • Category : Packaging
  • Pages : 95

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15% Single User
20% Multi User
25% Corporate
30% Enterprise
  • Spray Drying Equipment Market: Market Segments: By Product Type (Rotary Atomizer, Nozzle Atomizer, Fluidized and Centrifugal); By Stage (Single-Stage, Two-Stage and Multi-Stage); By Flow Type (Co-Current, Counter-Current, and Mixed Flow); By Application (Food & Dairy, Pharmaceuticals & Nutraceuticals, Chemical and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

    Product Overview

    Spray drying facilities are used to remove the moisture content from the product. A basic spray drying process consists of dispersing a liquid/slurry in the form of small droplets and then bringing it into contact with a hot gas. The hot gas causes all the moisture from the droplets to evaporate and we eventually get our product in the form of grains. The most popular spray dryer equipment design consists of a long column / vessel with the top-end slurry dispenser and hot gases circulating from bottom to top fashion.

    Market Highlights

    Spray Drying Equipment Market is expected to project a notable CAGR of 5.9% in 2030.

    Spray Drying Equipment Market to surpass USD 7.5 billion by 2030 from USD 4.2 billion in 2018 at a CAGR of 5.9% throughout the forecast period, i.e., 2019-30. The growing pharmaceutical, food, and chemical industries are driving the growth of the global market for spray-drying equipment. Some macroeconomic factors that have a positive impact on the global market for spray drying equipment include rapid urbanization, population growth, lifestyle change, and domestic revenue growth.

    Spray Drying Equipment Market: Segments

    Fluidized segment to grow with the highest CAGR of XX.X% during 2019-30

    Spray Drying Equipment Market is segmented by product type as rotary atomizer spray dryer, nozzle atomizer spray dryer, fluidized spray dryer, closed loop spray dryer, centrifugal spray dryer. The greater market share of 41.3% in 2018 was accounted by nozzle atomizer segment of the Spray Drying Equipment market owing to the substantial adoption of equipment based on nozzle atomizer to produce coarser and free-flowing powders. In addition, nozzle atomizer dryers can also be used to offer a broad range of flow rates in conjunction with multiple nozzle installations. For applications that require optimum flow rates and involve the production of flexible particle sizes, these are therefore the ideal option.

    Spray Drying Equipment Market: Market Dynamics

    Drivers

    Increase in the consumption of processed and RTE Foods

    Ready-to-eat (RTE) foods, as the name suggests, refer to that form of food products derived from animals or plants, or a combination that can be offered after pre-washed, pre-cooked, processed, and frozen to customers. They do not, therefore, require elaborate processing before consumption by end-consumers; thus, saving their time and energy. In addition, changes in consumers' lifestyles over the last decade have led to a high demand for processed and ready-to - eat food products due to rapid urbanization.

    Restrain

    High installation and operational cost

    The spray drying of the required equipment and its continuous operations is offered at high costs. The main auxiliary equipment is equally costly, regardless of the type of atomizer and the capacity of the dryer. Due to the large volume of hot air that circulates in the chamber without contacting the particles, spray dryers generally have low thermal efficiency.

    Spray Drying Equipment Market: Regions

    Spray Drying Equipment Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC and MENA.

    Spray Drying Equipment Market in North America held the largest market share of 30.2% in the year 2018 due of the rapid adoption by key businesses of new and emerging technologies to improve overall efficiency and ensure optimum product quality. Moreover, higher R&D capabilities in the U.S. across different industries, such as pharmaceutical and nutraceutical, led to increased adoption of these devices. During the forecast period, the Asia Pacific region is projected to grow at the highest CAGR. The market in this region is mainly driven by the growing demand among consumers for nutritional products such as infant food and milk powder. In the Asia Pacific region, China is estimated to hold the largest market share for spray drying equipment. The nation is also one of the world's major food and drug encapsulation markets; the market here is projected to grow significantly in the coming years.

    Spray Drying Equipment Market: Key Players

    • Acmefil

    o Company Overview

    o Business Strategy

    o Key Product Offerings

    o Financial Performance

    o Key Performance Indicators

    o Risk Analysis

    o Recent Development

    o Regional Presence

    o SWOT Analysis

    • Buchi Labortechnik AG

    • C. E. Rogers

    • Changzhou Lemar Drying Engineering Co. Ltd.

    • Dedert Corporation

    • European Spraydry Technologies LLP

    • GEA Group AG

    • New AVM Systech

    • Shandong Tianli Drying Technology and Equipment

    Spray Drying Equipment Market report also contains analysis on:

    Spray Drying Equipment Market Segments:

    By Product Type:

    • Rotary Atomizer

    • Nozzle Atomizer

    • Fluidized

    • Centrifugal

    By Stage:

    • Single-Stage

    • Two-Stage

    • Multi-Stage

    By Flow Type:

    • Co-Current Flow Spray Dryers

    • Counter-Current Flow Spray Dryers

    • Mixed Flow Spray Dryers

    By Application:

    • Food & Dairy

    • Pharmaceuticals & Nutraceuticals

    • Chemical

    • Others

    • Spray Drying Equipment Market Dynamics

    • Spray Drying Equipment Market Size

    • Supply & Demand

    • Current Trends/Issues/Challenges

    • Competition & Companies Involved in the Market

    • Value Chain of the Market

    • Market Drivers and Restraints

     

  • With tables and figures helping analyze worldwide Spray Drying Equipment market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Contents

    1. Executive Summary

    2. Spray Drying Equipment Market
    2.1. Product Overview
    2.2. Market Definition
    2.3. Segmentation
    2.4. Assumptions and Acronyms

    3. Research Methodology
    3.1. Research Objectives
    3.2. Primary Research
    3.3. Secondary Research
    3.4. Forecast Model
    3.5. Market Size Estimation

    4. Average Pricing Analysis

    5. Macro-Economic Indicators

    6. Market Dynamics
    6.1. Growth Drivers
    6.2. Restraints
    6.3. Opportunity
    6.4. Trends

    7. Correlation & Regression Analysis
    7.1. Correlation Matrix
    7.2. Regression Matrix

    8. Recent Development, Policies & Regulatory Landscape

    9. Risk Analysis
    9.1. Demand Risk Analysis
    9.2. Supply Risk Analysis

    10. Spray Drying Equipment Analysis
    10.1. Porters Five Forces
    10.1.1. Threat of New Entrants
    10.1.2. Bargaining Power of Suppliers
    10.1.3. Threat of Substitutes
    10.1.4. Rivalry
    10.2. PEST Analysis
    10.2.1. Political
    10.2.2. Economic
    10.2.3. Social
    10.2.4. Technological

    11. Spray Drying Equipment Market
    11.1. Market Size & forecast, 2019A-2030F
    11.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    11.1.2. By Volume (Million Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12. Spray Drying Equipment: Market Segmentation
    12.1. By Regions
    12.1.1. North America:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.2. Europe:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.3. Asia-Pacific:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.4. MEA:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.1.5. Latin America:
    • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2. By Product Type: Market Share (2020-2030F)
    12.2.1. Rotary Atomizer, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.2. Nozzle Atomizer, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.3. Fluidized, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.2.4. Centrifugal, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12.3 By Stage: Market Share (2020-2030F)

    12.3.1. Single-Stage, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.2. Two-Stage, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.3.3. Multi-Stage, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.4. By Flow Type: Market Share (2020-2030F)
    12.4.1. Co-Current Flow, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.4.2. Counter-Current Flow, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.4.3. Mixed Flow Spray, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    12.5 By Application: Market Share (2020-2030F)

    12.5.1. Food & Dairy, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.5.2. Pharmaceuticals & Nutraceuticals, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.5.3. Chemical, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
    12.5.4. Others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

    13. Company Profile
    13.1.1. Acmefil
    13.1.2. Company Overview
    13.1.3. Company Total Revenue (Financials)
    13.1.4. Market Potential
    13.1.5. Global Presence
    13.1.6. Key Performance Indicators
    13.1.7. SWOT Analysis
    13.1.8. Product Launch
    13.2. Buchi Labortechnik AG
    13.3. C. E. Rogers
    13.4. Changzhou Lemar Drying Engineering Co. Ltd.
    13.5. Dedert Corporation
    13.6. European Spraydry Technologies LLP
    13.7. GEA Group AG
    13.8. New AVM Systech
    13.9. Shandong Tianli Drying Technology and Equipment
    13.10. SPX Flow Technology

    14 Consultant Recommendation
    **The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

     

  • The Spray Drying Equipment Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
      By Regions:
      • North America
      • Latin America
      • Europe
      • APAC and MENA
      By Type:
      • • Rotary Atomizer
      • • Nozzle Atomizer
      • • Fluidized
      • • Centrifugal
      By Application:
      • (Food & Dairy, Pharmaceuticals & Nutraceuticals, Chemical and Others); and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
      • Product Overview
      • Spray drying facilities are used to remove the moisture content from the product. A basic spray drying process consists of dispersing a liquid/slurry in the form of small droplets and then bringing it into contact with a hot gas. The hot gas causes all the moisture from the droplets to evaporate and we eventually get our product in the form of grains. The most popular spray dryer equipment design consists of a long column / vessel with the top-end slurry dispenser and hot gases circulating from bottom to top fashion.
      • Market Highlights
      • Spray Drying Equipment Market is expected to project a notable CAGR of 5.9% in 2030.
      • Spray Drying Equipment Market to surpass USD 7.5 billion
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    Research objectives

    Where will all these developments take the industry in the long

    To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

    What are the future opportunities in the market?

    To understand the structure of Market by identifying its various subsegments.

    What are the major driving forces expected to impact the development of the market market across different regions?

    To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

    Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

    To project the consumption of market submarkets, with respect to key regions.

    Who are the major driving forces expected to decide the fate of the industry worldwide.

    To strategically profile the key players and comprehensively analyze their growth strategies.

    What are the key barriers and threats believed to hinder the development of the industry?

    To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

    Who are the prominent market players making a mark in the market with their winning strategies?

    To share detailed information about the key factors influencing the growth of the market

    What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

    Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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