Spray Drying Equipment Market – Industry Analysis and Forecast
Posted: Jul 11, 2019
Spray Drying Equipment Market was valued at USD4.41 Billion in 2017 and is estimated to grow at a CAGR of 6.5% from 2017 to 2024.Spray Drying Equipment MarketSpray Drying Equipment Market1Spray drying equipment plays an important role in the processing of food products, including dry soups, ready-to-eat foods, pulses, coffee blends, and milk powders for food intolerance lactose and modified starches. Due to consumer preference for high-value convenience food products, a sudden market demand for spray drying equipment has been observed.
The growth of the Spray Drying Equipment Market is due to the growth of the pharmaceutical, food and chemical industries. Macroeconomic factors that have a positive impact on the global market for spray drying equipment include rapid urbanization rates, population growth, lifestyle changes, and increased domestic income.
Spray Drying Equipment Market is segmented by a spray dryer type, application, flow type, cycle type, drying stage, and region. Based on application, it is divided into food, pharmaceutical, and chemical. Based on the type, it is classified into the rotary atomizer, nozzle atomizer, fluidized, closed loop, and centrifugal. Based on flow type, it is categorized into co-current, counter-current, and mixed flow. Based on the drying stage, it is segmented into single stage and multi-stage.
Geographically, the Spray Drying Equipment Market is segmented into various regions including North America, Europe, Asia-Pacific and Rest of the World. The Asia-Pacific is expected to register a relatively high growth rate in the Spray Drying Equipment Market over the forecast period, owing to rapidly growing pharmaceutical industry across the region.
The key players in the Spray Drying Equipment Market include New AVM Systech Pvt. Ltd, European Spray Dry Technology LLP, Dedert Corporation, Shanghai Jiadi Machinery Co. Ltd., Advanced Drying Systems, Transparent Technologies Pvt. Ltd., AB & Co Consult, Hemraj Enterprises, C.E Rogers Company, and GEA Group AG.
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The years that have been considered for the study are:
- Base year – 2016
- Estimated year – 2017
- Forecast period – 2017 to 2024
- Spray drying equipment manufacturers
- Spray drying equipment suppliers
- End users
Market Key Segment:
Based on Spray Drying Type:
- Rotary atomizer spray dryer
- Nozzle atomizer spray dryer
- Fluidized spray dryer
- Closed loop spray dryer
- Centrifugal spray dryer
- Other spray dryers
Based on Application:
Based on Drying Stage:
- Two stage
- Single stage
Based on Flow Type:
- Co-current flow
- Counter current flow
- Mixed flow
Based on Cycle Type:
- Open cycle
- Closed cycle
Spray Drying Equipment Market, By Region
- Rest of Europe
- South Korea
- Rest of Asia Pacific
Rest of the World (ROW)
- Latin America
- New AVM Systech Pvt. Ltd
- European Spray Dry Technology LLP
- Dedert Corporation
- Shanghai Jiadi Machinery Co. Ltd.
- Advanced Drying Systems
- Transparent Technologies Pvt. Ltd
- AB & Co Consult
- Hemraj Enterprises
- C.E Rogers Company
- GEA Group AG.
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