Spray dryer – a
commonplace in the food & beverages (F&B) industry for powder
production of milk, coffee, tea, egg, enzymes, and other such food products,
has a profitable market. The spray drying equipment market is augmented due to the contemporary trend of
healthy foods which has created a spur in the production of whey protein that
utilizes spray dryer. Additionally, chemicals such as dye and detergents are
also powdered using a spray dryer. There is a tangible growth
in the demand for dye, due to the growth of the textile industry and the
detergent market which has taken a profitable leap in the developing countries. It is also incrementing the spray drying equipment market size. The end-use industries use different types of
spray dryers that include industrial spray dryer, fruit dryer machine,
laboratory dryer, flash dryer, tray dryer, rotary dryer, meat drying equipment,
fluid bed dryer, spin flash dryer, and drum dryer, the choice of which depends upon
the requirement.
Also, spray dryers are used
as hoppers on construction sites for drying sand or copper slag for the
blasting process. This industrial application boost the Spray Drying Equipment Market size that was evaluated as $4.39 billion in 2018. Spray dryers are also
used in chemical industries for drying various chemicals such as zinc oxide and
sodium triphosphate. Owing to increasing demand from end-use industries, the
players in the spray dryer market are innovating and upgrading their equipment
offerings. For instance, GEA Group AG upgraded its product, rotary atomizers for spray dryers which enable better dispersion. This
upgradation by GEA helps manufacturers to obtain a spray dryer’s important
processing parameters such as particle size, particle size distribution,
density, and throughput.
There are also
innovations in spray drying technology and it’s quite evident when the 2nd
International Conference on Advances in Chemical Engineering and Technology was
held on November 16-17 witnessed the development of Spray Flash Evaporation
(SPE) which is a technique breakthrough in spray drying equipment market. SPE technique enables much smaller particle size of the material introduced for drying as compared to the conventional spray dryer.
The current growth of the
F&B industry due to the rise in disposable income and a need to fulfill the
nutritional requirement of the growing population is leading to prospects to
prosper for players in the spray drying equipment market. It is because spray drying equipment plays a vital role in the drying process of processed food. So, the increased demand for food products is catapulting the spray drying equipment market size. Similarly, the demand from other end-use
industries will continue to increase in the upcoming years which will lead to a
growth in the spray drying equipment market size at a CAGR of 6.86% during the
forecast period 2019-2025, according to a recently published spray drying
equipment market research report. The report documents the spray drying
equipment market size by type and applications, top 5 companies and also by the
startups.
North America Spray
Drying Equipment Market Share & the Opportunities for the Vendors:
North America is analyzed
to be the most lucrative region with the maximum spray drying equipment market
share of 30% in 2018. Despite the high operational cost of spray dryers and exuded consumption of thermal energy during the process of drying, North
America spray drying equipment market is thriving, owing to stable economy and consistent
demand from the F&B, pharmaceutical, and chemical industry.
· The North
America F&B Industry: A Favorable Spray Dryer Marketplace–
The F&B industry increasing in the region, owing
to high disposable income of North America’s working population, especially in
the U.S., Mexico, and Canada. . The consumption of flavorings under spray
drying has been increasing in North American countries, owing to the convenience food
retail market growth in the region. Furthermore, the growing
concerns related to obesity is making the populace resort to healthy foods and
this has created a demand influx for whey protein that provides nutrition,
flavor, and functionality. Whey protein undergoes drying before consumption,
and hence, the growing whey protein market in North American countries is
supporting the spray drying equipment market growth.
· The U.S.
Pharmaceutical Industry: A Profitable Spray Drying Equipment Marketplace for
the Vendors –
North American countries, especially the U.S.
boasts of an impressive healthcare infrastructure which reflects in the
country’s booming pharmaceutical industry. The U.S. houses world’s largest pharmaceutical industry which
witnessed a high revenue of $453 billion in 2017. Many of the pharmaceutical
drugs are dried using spray dryer to obtain the powdered form. Furthermore, the
U.S. is poised to have 41% share in the projected more than $1 trillion
pharmaceutical market by the end of 2020. Hence, booming pharmaceutical
industry is one of the most lucrative spray drying equipment marketplace for
the vendors targeting the U.S.
· The Canadian
Chemical Industry Creating a Demand Influx in the Spray Dryers Market –
Canadian Chemical Industry contributes significantly to the
country’s economy and the industry was valued around$52 billion in 2017. The Chemical The industry of Canada is one of the most lucrative end-users for the spray drying
equipment market.
The growth of the North
America spray drying equipment market can be further gauged by the growing
import of entities of the parent industry that includes spray dryers. Below
mentioned table signifies the growth in the import value during 2018–
Table 1 – The Import
Value Corresponding to the Parent Industry of Spray Dryers
Sr. No. |
Country |
Import Value
Corresponding to the Parent Industry (USD Billion) |
Year on Year Change (%) |
1 |
U.S. |
5.70 |
4 |
2 |
Mexico |
1.11 |
5 |
3 |
Canada |
1.41 |
7 |
Import Value Data Source
– ITC
The above table shows rise
in the import of machines of the parent industry which implies the growth in
the demand for spray dryers – a significant segment of the industry. This, in
turn, shows the spray drying equipment market growth in North America.
Spray Drying Equipment
Market: Key Application–
The key application in
the spray drying equipment market is nozzle atomizer by type. This application
segment is projected to grow at a CAGR of 5.7% through to 2025. This is
attributable to the technical advantage of nozzle atomizer that makes it useful
in a gamut of industries such as pharmaceutical, chemical, and others. Nozzle
atomizer is more energy-efficient than other spray dryers, as it provides more
area, thereby accelerating the process of drying. Furthermore, in industries
such as chemical and pharmaceutical, the feed rate is more because of which
nozzle atomizers are more suitable than other types of spray drying equipment.
With the growth of the chemical and pharmaceutical industries, the demand for
nozzle atomizers will increase over the forecast period.
Global Spray Drying
Equipment Market Growth Drivers–
· The Global
Pharmaceutical Boom Creating a Profitable Environment for the Spray Dryers
Market –
The International Federation of Pharmaceutical
Manufacturers Association (IFPMA) has projected that the global pharmaceutical
market is poised to attain a valuation of $1,430 billion by the end of 2020.
This forecast period will witness a growth in the pharmaceutical industry in
emerging economies such as India, wherein the country’s government envisions
India as the largest manufacturer of drugs in its program called “Pharma Vision
2020”. Hence, the growth of the global pharmaceutical industry will lead to an increment in the spray drying equipment market size.
· The Spray
Drying Equipment Market Demand in the Global Manufacturing Industry –
The manufacturing
industry contributed with 15.646% in the global GDP during 2017. Sustainable
industrial development is a prime target of the United Nations in its
sustainable development goals (SDGs). It will augment the manufacturing activities
across the globe in order to fulfill the demand for goods by the increasing
population. These production activities include the
manufacturing of chemicals that are dried using spray dryers. Henceforth, the
growth of the manufacturing industry will increase the spray drying equipment
market size.
Spray Drying Equipment
Market Companies:
The companies with the
maximum spray drying equipment market share are 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.
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