1. Market Research
Spray Drying Equipment Market by Type, Application, Flow Type, Cycle Type, Drying Stage And Region - Global Forecast to 2023

Spray Drying Equipment Market by Type, Application, Flow Type, Cycle Type, Drying Stage And Region - Global Forecast to 2023

  • July 2018
  • 146 pages
  • ID: 4616922
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

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

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Collagen peptides Market to 2027 - Global Analysis and Forecasts by Source ; Application , and Geography

  • $ 4550
  • February 2020
  • 200 pages

The global collagen peptides market was valued at US$ 852.4 Mn in 2018 and is projected to be worth US$ 2,129.9 Mn by 2027, growing at a CAGR of 10.9% during the forecast period.Collagen peptide, also ...

Home Care in Denmark $ 2650 February 2020

Health and Wellness in Poland $ 2100 February 2020

Health and Wellness in Hungary $ 2100 February 2020

Home Care in Taiwan $ 2650 March 2020


ref:plp2018

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on