Food Spray Drying Equipment Market Size to grow by USD 551.7 million between 2024-2028

Technavio, a leading provider of market research reports, has released its latest study on Food Spray Drying Equipment Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.

Key Highlights:

• Market Research Overview: The industrial machinery and supplies and components market encompasses businesses involved in the production of industrial machinery and components, including presses, machine tools, compressors, pollution control equipment, elevators, escalators, insulators, pumps, roller bearings, and other metal fabrications. According to Technavio's market analysis, the global industrial machinery and supplies and components market size is determined by the consolidated revenue generated by manufacturers supplying equipment for industrial applications. Factors fueling growth in this sector include the expanding industrial output in process and discrete industries, driven by increasing demand for energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages, primarily in developing countries. - The Food Spray Drying Equipment Market is experiencing significant growth, fueled by the Rise in adoption of infant formula. Businesses are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

• Major Findings:
  • Rise in adoption of infant formula
  • Expansions of plants in food processing industry
  • High operating costs and thermal energy consumption
  • Stringent rules and regulations for food spray drying
• Growth Projections

The market size is estimated to grow by USD 551.7 million, at a CAGR of 4.36% during the forecast period. In the realm of food processing, spray drying equipment holds significant importance due to its extensive application in microencapsulation. Microencapsulation is a critical process that involves encapsulating food ingredients, cells, enzymes, and other materials within small spherical capsules. This technique offers several advantages, including continuity, flexibility, and economic viability. The encapsulated materials consist of a core and a protective shell or coating. The core represents the food substance to be encapsulated, while the shell safeguards it from environmental hazards such as moisture, heat, and extreme conditions. By employing spray drying technology, the delivery of bioactive molecules and living cells to food materials is enhanced, thereby improving their overall quality and shelf life.

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• Regional Insights

The Food Spray Drying Equipment Market represents a significant business opportunity for manufacturers and suppliers. This sector experiences continuous growth due to the increasing demand for convenient and long-shelf-life food products. Advanced spray drying technology enables the production of high-quality food powders, making it a lucrative investment for businesses in the food industry. Market trends indicate a shift towards organic and functional food powders, further boosting the demand for efficient and cost-effective spray drying equipment.

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