Spray Drying Equipment Market by Type (Rotary Atomizer, Nozzle, Fluidized, Closed Loop, Centrifugal), Application (Food, Pharma, Chemical, Feed), Flow Type, Cycle Type, Drying Stage, and Region - Global Forecast to 2023

  • ID: 4592381
  • Report
  • Region: Global
  • 146 Pages
  • Markets and Markets
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The global spray drying equipment market is estimated at USD 4.38 billion in 2018. It is projected to reach USD 6.12 billion by 2023, at a CAGR of 6.9% from 2018.

FEATURED COMPANIES

  • Acmefil
  • Advanced Drying Systems
  • Büchi Labortechnik
  • C.E. Rogers
  • Dedert Corporation
  • GEA
  • MORE

“Spray drying equipment market projected to grow at a CAGR of 6.9%”

The global spray drying equipment market is estimated at USD 4.38 billion in 2018. It is projected to reach USD 6.12 billion by 2023, at a CAGR of 6.9% from 2018.

Increasing demand for ready-to-eat and functional food, reduction in thermal damage caused to the product, increase in shelf-life leading to improved logistics, technological innovations, and emerging applications in biotechnology are some of the important factors that are expected to drive the growth of the spray drying equipment market during the review period.

However, the high operation cost and changes in organoleptic properties of the final product are the major restraining factors for the spray drying equipment market.

“Closed loop spray dryer segment, by spray dryer type, is projected to be the fastest-growing from 2018 to 2023”

The closed loop segment is projected to grow at the highest CAGR among all spray drying types from 2018 to 2023. Closed loop spray drying systems are ideal for handling solvents, heat-sensitive products, preventing oxidation of dried products, and providing an aseptic atmosphere. Such advantages offered by closed loop spray dryers are expected to drive the demand for this segment during the forecast period.

“Food segment, by application, dominated the market in 2017”

Spray dryer equipment find a wide range of applications in the food industry—starting from food ingredients to the conversion of fruit & vegetable juices into instant mixes, instant coffee mixes, and drying of eggs and dairy products. There are various types of spray dryers available that are used according to the product type and the nature of production, whether it is a batch or continuous production.

“North America is estimated to contribute the largest share in the global spray drying equipment market in 2018”

The North American spray drying equipment market held the largest share, globally. The food ingredient and dairy industries in this region have undergone comprehensive changes in terms of technological advancements and investments in infrastructure. The extraction and use of food additives and increase in demand for convenience food items such as instant coffee and soup mixes have widened the scope for spray drying to facilitate rapid production.

The dairy processing industry in the North American region is large, in terms of value, and contributes a larger share to the respective GDP of the respective countries. There are major players such as Kraft Foods Group Inc. (US) and Abbott Nutrition (US) using the spray drying technique for processing their products. Furthermore, the US accounted for the largest share of the North American spray drying equipment market; this is majorly driven by the rise in the number of milk powder manufacturers and use of spray drying in the food & beverage industry.

The points below depict the breakdown of the primaries on the basis of company type, designation, and region, conducted during the research study. 

  • By Company Type: Tier 1 – 52%, Tier 2 – 30%, and Tier 3 – 18%
  • By Designation: C level – 44%, and D level – 56%
  • By Region: Asia Pacific – 36%, Europe – 27%, North America – 26%, and RoW – 11%

Major players in this market include GEA (Germany), SPX FLOW (US), Dedert Corporation (US), Buchi Labortechnik (Switzerland), European Spraydry Technologies LLP (UK), Changzhou Lemar Drying Engineering Co. Ltd. (China), Shandong Tianli Drying Technology and Equipment (China), Acmefil (India), New AVM Systech (India), C. E. Rogers (US), Advanced Drying System (India), and Labplant (UK).

Research Coverage:

The report focuses on spray drying equipment products for different types and regions. It aims at estimating the size and future growth potential of this market across different segments—spray dryer type, application, flow type, cycle type, drying stage, and region. Furthermore, the report includes an in-depth competitive analysis of the key players in the market along with their company profiles, competitive landscape, recent developments, and key market strategies.

Reasons to Buy This Report:

  • To get a comprehensive overview of the global spray drying equipment market
  • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
  • To gain insights of the major countries/regions in which the spray drying equipment market is flourishing
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FEATURED COMPANIES

  • Acmefil
  • Advanced Drying Systems
  • Büchi Labortechnik
  • C.E. Rogers
  • Dedert Corporation
  • GEA
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Research Assumptions
2.5 Research Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Spray Drying Equipment Market
4.2 Spray Drying Equipment Market, By Spray Dryer Type
4.3 Asia Pacific Spray Drying Equipment Market, By Spray Dryer Type and Country
4.4 Spray Drying Equipment Market: Major Countries
4.5 Spray Drying Equipment Market, By Application
4.6 Life Cycle Analysis: Spray Drying Equipment Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 New Developments in Functional Food & Beverage Ingredients and Increase in Demand for Rte Foods
5.2.1.2 Technological Innovations and Advancement in Spray Drying Equipment
5.2.1.2.1 Microencapsulation Through Spray Drying
5.2.1.3 Product Yield Optimization Achieved By Spray Drying
5.2.1.4 Increase in Shelf-Life Leading to Cost-Effective Logistics
5.2.1.5 Reduction in Thermal Damage Caused to the Product
5.2.2 Restraints
5.2.2.1 Misalignment in Process Parameters Can Affect the Organoleptic Properties
5.2.2.2 High Operational Cost
5.2.3 Opportunities
5.2.3.1 Emerging Applications in Bioceramics and Biotechnology
5.2.3.2 New Target Market: Asia Pacific
5.2.3.3 Industrial Application of Spray Drying in Food Encapsulation
5.2.4 Challenges
5.2.4.1 Infrastructural Challenges in Developing Countries
5.3 Industry Trends
5.4 Value Chain
5.4.1 Research & Product Development
5.4.2 Registration
5.4.3 Manufacturing
5.4.4 Distribution, Marketing & Sales
5.4.5 Post-Sale Services
5.5 Supply Chain
5.5.1 Spray Drying Equipment Manufacturers
5.5.2 Distributors/Overseas Sales Offices
5.5.3 End Users

6 Spray Drying Equipment Market, By Spray Dryer Type
6.1 Introduction
6.2 Rotary Atomizer Spray Dryer
6.3 Nozzle Atomizer Spray Dryer
6.4 Fluidized Spray Dryer
6.5 Closed Loop Spray Dryer
6.6 Centrifugal Spray Dryer
6.7 Others

7 Spray Drying Equipment Market, By Application
7.1 Introduction
7.2 Food
7.3 Pharmaceutical
7.4 Chemical
7.5 Others

8 Spray Drying Equipment Market, By Cycle Type
8.1 Introduction
8.2 Open Cycle
8.3 Closed Cycle

9 Spray Drying Equipment Market, By Drying Stage
9.1 Introduction
9.2 Multistage
9.3 Two Stage
9.4 Single Stage

10 Spray Drying Equipment Market, By Flow Type
10.1 Introduction
10.2 Co-Current Flow Spray Dryers
10.3 Counter-Current Flow Spray Dryers
10.4 Mixed Flow Spray Dryers

11 Spray Drying Equipment Market, By Region
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Italy
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of Asia Pacific
11.5 Rest of the World (RoW)
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Competitive Landscape
12.1 Overview
12.1.1 Key Market Strategies
12.2 Competitive Scenario
12.2.1 Expansions
12.2.2 Partnerships
12.2.3 New Product Launches

13 Company Profiles
13.1 GEA
13.2 SPX Flow
13.3 Shandong Tianli Drying Technology and Equipment
13.4 Büchi Labortechnik
13.5 European Spraydry Technologies
13.6 Dedert Corporation
13.7 Changzhou Lemar Drying Engineering
13.8 Acmefil
13.9 New Avm Systech
13.10 C.E. Rogers
13.11 Advanced Drying Systems
13.12 Labplant

14 Appendix
14.1 Discussion Guide
14.2 Knowledge Store
14.3 Introducing RT: Real-Time Market Intelligence
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables
Table 1 US Dollar Exchange Rate Considered for Study, 2015–2017
Table 2 Optimized Product Yields Obtained From Nanospray Drying
Table 3 Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 4 Rotary Atomizer Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 5 Nozzle Atomizer Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 6 Fluidized Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 7 Closed Loop Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 8 Centrifugal Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 9 Others: Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 10 Spray Drying Equipment Market Size, By Application, 2016–2023 (USD Million)
Table 11 Food: Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 12 Pharmaceutical: Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 13 Chemical: Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 14 Others: Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 15 Spray Drying Equipment Market Size, By Cycle Type, 2016–2023 (USD Million)
Table 16 Open Cycle Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 17 Closed Cycle Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 18 Spray Drying Equipment Market Size, By Drying Stage, 2016–2023 (USD Million)
Table 19 Multistage Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 20 Two Stage Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 21 Single Stage Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 22 Spray Drying Equipment Market Size, By Flow Type, 2016–2023 (USD Million)
Table 23 Co-Current Flow Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 24 Counter-Current Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 25 Mixed Flow Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 26 Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 27 North America: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 28 North America: Spray Drying Equipment Market Size, By Drying Stage, 2016–2023 (USD Million)
Table 29 North America: Spray Drying Equipment Market Size, By Cycle Type, 2016–2023 (USD Million)
Table 30 North America: Spray Drying Equipment Market Size, By Flow Type, 2016–2023 (USD Million)
Table 31 North America: Spray Drying Equipment Market Size, By Application, 2016–2023 (USD Million)
Table 32 North America: Spray Drying Equipment Market Size, By Country, 2016–2023 (USD Million)
Table 33 US: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 34 Canada: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 35 Mexico: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 36 Europe: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 37 Europe: Spray Drying Equipment Market Size, By Drying Stage, 2016–2023 (USD Million)
Table 38 Europe: Spray Drying Equipment Market Size, By Cycle Type, 2016–2023 (USD Million)
Table 39 Europe: Spray Drying Equipment Market Size, By Flow Type, 2016–2023 (USD Million)
Table 40 Europe: Spray Drying Equipment Market Size, By Application, 2016–2022 (USD Million)
Table 41 Europe: Spray Drying Equipment Market Size, By Country, 2016–2023 (USD Million)
Table 42 Germany: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 43 France: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 44 UK: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 45 Italy: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 46 Spain: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 47 Rest of Europe: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 48 Asia Pacific: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 49 Asia Pacific: Spray Drying Equipment Market Size, By Drying Stage, 2016–2023 (USD Million)
Table 50 Asia Pacific :Spray Drying Equipment Market Size, By Cycle Type, 2016–2023 (USD Million)
Table 51 Asia Pacific: Spray Drying Equipment Market Size, By Flow Type, 2016–2023 (USD Million)
Table 52 Asia Pacific: Spray Drying Equipment Market Size, By Application, 2016–2023 (USD Million)
Table 53 Asia Pacific: Spray Drying Equipment Market Size, By Country, 2016–2023 (USD Million)
Table 54 China: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 55 Japan: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 56 India: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 57 South Korea: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 58 Rest of Asia Pacific: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 59 RoW: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 60 RoW: Spray Drying Equipment Market Size, By Drying Stage, 2016–2023 (USD Million)
Table 61 RoW: Spray Drying Equipment Market Size, By Cycle Type, 2016–2023 (USD Million)
Table 62 RoW: Spray Drying Equipment Market Size, By Flow Type, 2014–2022 (USD Million)
Table 63 RoW: Spray Drying Equipment Market Size, By Application, 2016–2023 (USD Million)
Table 64 RoW: Spray Drying Equipment Market Size, By Region, 2016–2023 (USD Million)
Table 65 South America: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 66 Middle East: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 67 Africa: Spray Drying Equipment Market Size, By Spray Dryer Type, 2016–2023 (USD Million)
Table 68 Expansions, 2014-2018
Table 69 Partnerships, 2013–2018
Table 70 New Product Launches, 2015-2017

List of Figures
Figure 1 Spray Drying Equipment Market Segmentation
Figure 2 Spray Drying Equipment Market: Geographical Segmentation
Figure 3 Research Design: Spray Drying Market
Figure 4 Market Size Estimation Methodology: Bottom-Up Approach
Figure 5 Market Size Estimation Methodology: Top-Down Approach
Figure 6 Data Triangulation Methodology
Figure 7 Nozzle Atomizer Spray Dryers to Be the Largest Market During 2016 to 2023
Figure 8 Food Segment is Projected to Be the Most Attractive Application Segment During the Forecast Period
Figure 9 Closed Cycle Segment to Have A Higher CAGR During the Forecast Period
Figure 10 Co-Current Flow Type to Occupy A Major Share During the Forecast Period
Figure 11 Two Stage Segment to Dominate the Market During the Forecast Period
Figure 12 Asia-Pacific is Projected to Be the Fastest-Growing Market
Figure 13 Increasing Demand for Functional Food to Drive the Spray Drying Equipment Market
Figure 14 Nozzle Atomizers & Rotary Atomizers Expected to Be the Fastest-Growing Spray Dryer Types During the Forecast Period
Figure 15 Nozzle Atomizers Accounted for the Largest Share in the Asia Pacific Spray Drying Equipment Market in 2017
Figure 16 China is Projected to Be the Fastest-Growing Market During the Forecast Period
Figure 17 Food Segment to Dominate the Spray Drying Equipment Market During the Forecast Period
Figure 18 Spray Drying Equipment Market in Asia Pacific is Experiencing High Growth
Figure 19 Market Dynamics: Spray Drying Market
Figure 20 Percentage Increase of New Product Launches in Functional Food Ingredients, 2012–2013
Figure 21 Spray Drying Process
Figure 22 Value Chain Analysis for Spray Drying Equipment Market
Figure 23 Supply Chain for Spray Drying Equipment Market
Figure 24 Spray Drying Equipment Market Size, By Spray Dryer Type, 2018 vs 2023 (USD Million)
Figure 25 Nozzle Atomizer Spray Drying Equipment Market Size, By Region, 2018 vs 2023 (USD Million)
Figure 26 Spray Drying Equipment Market Size, By Application, 2018 vs 2023 (USD Million)
Figure 27 Spray Drying Equipment Market Size for Food, By Region, 2018 vs 2023 (USD Million)
Figure 28 Spray Drying Equipment Market Size, By Cycle Type, 2018 vs 2023 (USD Million)
Figure 29 Open Cycle Spray Drying Equipment Market Size, By Region, 2018 vs 2023 (USD Million)
Figure 30 Spray Drying Equipment Market Size, By Drying Stage, 2018 vs 2023 (USD Million)
Figure 31 Two Stage Spray Drying Equipment Market Size, By Region, 2018 vs 2023 (USD Million)
Figure 32 Spray Drying Equipment Market Size, By Flow Type, 2018 vs 2023 (USD Million)
Figure 33 Spray Drying Equipment Market Size for Co-Current Spray Dryers, By Region, 2018 vs 2023 (USD Million)
Figure 34 North American Spray Drying Equipment Market Snapshot
Figure 35 Asia Pacific: Spray Drying Equipment Market Snapshot
Figure 36 Key Developments By Leading Players in the Spray Drying Market From 2013 to 2018
Figure 37 Spray Drying Market Developments, By Growth Strategy, 2013–2018
Figure 38 GEA: Company Snapshot
Figure 39 SPX Flow: Company Snapshot

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  • GEA
  • SPX Flow
  • Shandong Tianli Drying Technology and Equipment
  • Büchi Labortechnik
  • European Spraydry Technologies
  • Dedert Corporation
  • Changzhou Lemar Drying Engineering
  • Acmefil
  • New Avm Systech
  • C.E. Rogers
  • Advanced Drying Systems
  • Labplant
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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