The Industrial Dryers For Agricultural Products Market is being driven by Increasing production of food products in dried forms
The Industrial Dryers For Agricultural Products Market is expected to grow at a CAGR of 3.95% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 169.5 million. In the industrial sector, there is a growing emphasis on energy efficiency and cost-effectiveness in food processing plants. To address this demand, manufacturers are innovating to produce low-energy-consuming dryers for agricultural products. One such advanced technology gaining traction is superheated steam drying. This method utilizes steam heated beyond its boiling point to dry food items, remove excess water, and sterilize the material. Superheated steam dryers offer over 80% energy recovery and reduced operating costs, making them a cost-effective and sustainable solution. With high drying rates and the absence of air in the system, they also minimize fire hazards and increase overall process efficiency.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
173 |
Base year |
2023 |
Historic period |
2017-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.95% |
Market growth 2024-2028 |
USD 169.5 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
3.75 |
Key countries |
US, China, UK, Germany, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
Title: Industrial Dryers for Agricultural Products: Vacuum, Freeze, Drum, Conveyor, Spray, Rotary, and Specialty Dryers The agricultural industry relies heavily on industrial dryers to preserve and process various products such as fertilizer, spices, fruits, tea, coffee, creamers, whey, milk, dairy, and vegetables. Different types of dryers are used for specific applications to ensure optimal results. Vacuum and freeze dryers are popular choices for preserving temperature-sensitive items like fruits, vegetables, and herbs. Vacuum dryers use reduced air pressure to remove moisture, while freeze dryers freeze the product and then remove moisture through sublimation. Drum, conveyor, spray, rotary, and specialty dryers are used for a wide range of agricultural products. Drum dryers are ideal for handling large volumes of material, while conveyor dryers are suitable for continuous processing. Spray dryers are commonly used for dairy products like milk and cream, while rotary dryers are popular for handling bulk materials like fertilizer and chemicals. Specialty dryers are designed for specific applications, such as pulp and paper, minerals, cement, and pharmaceutical products. Chemical Weekly reports that the global industrial dryers market is expected to grow significantly in the coming years due to the increasing demand for processed food and pharmaceutical products. The market is driven by factors such as the need for efficient and cost-effective drying solutions, increasing demand for convenience foods, and the growing demand for organic and natural food products.
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 total revenue generated by manufacturers supplying equipment for industrial applications. Factors driving growth in this market include increasing industrial production in process and discrete industries, particularly in developing countries, leading to capacity expansions in sectors such as energy, chemicals and petrochemicals, pulp and paper products, and processed food and beverages.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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