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North America, driven by Canada and the U.S spray drying equipment market size may witness strong growth owing to increase in powdered milk consumption, and pharmaceutical industry. Rise in healthcare facilities along with strong R&D investment in pharmaceutical sector should stimulate regional industry growth.Europe driven by UK, France and Germany spray drying equipment market size may show remarkable growth in the dairy sector. Friesland Campina, Arla, Danone, Nestle and Lactalis are leading European dairy companies. Increase in aging population has stimulated pharmaceutical industry growth. Stringent regulations by EU on dust particle emission to reduce air pollution may drive industry growth.
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Spray Drying Equipment market size is driven by increasing application outlook in pharmaceutical, food, and chemical industries.
Drying is dehydration process and removes all the moisture content from the product. Spray driers prevents microbial growth and led to longer product shelf life. The various spray drying equipment parts are feed pump, atomiser, air heater, air disperser, drying chamber, powder recovery system, exhaust air cleaning system and process control system.
Spray drying equipment finds strong application in dairy industry to manufacture powdered milk. Powdered milk is easy to store and overcomes seasonal milk scarcity. Milk powder is widely used in bakery, chocolates and sweets. Increase in skimmed milk powder may experience high demand due to rise in convenient food demand and hectic schedule.
The Spray Drying Equipment Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Spray Drying Equipment Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2019 - 2025
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2019
3.11. PESTEL analysis
3.14. Regional price trends
4. Spray Drying Equipment Product Insights
5. Spray Drying Equipment Application Insights
6. Spray Drying Equipment Regional Insights
7. Competitor Profiles
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Global pharmaceutical market size is estimated to reach over USD 1.2 trillion by 2024. Growing concern for hygienic condition, preventing drug contamination and effective pressure control in pharmaceutical sector may propel spray drying equipment market size. Government initiatives towards improvement of production procedures along with technological advancement should stimulate industry growth.
The two-stage spray drying equipment, suitable for heat sensitive products and may grow significantly over the forecast timeframe. This process is used by pharmaceutical companies to restore medicines chemical composition. Increase in health consciousness and rise in spending on medicines has propelled pharmaceutical industry.
Strong application outlook in chemical sector should drive spray drying equipment market size. Global chemical market may surpass USD 5.2 trillion by 2024. The global chemical industry is highly regulated and provides high range of products. Companies provide spray drying solutions for advanced specialty chemical and bulk products.
Reasons to Buy This Report:
1. Spray Drying Equipment Market size & share forecast by product & application 2019-2025
2. Growth drivers, pitfalls & industry challenges
3. Key Spray Drying Equipment Market growth opportunities & emerging business models
4. Competitive benchmarking with market share analysis and company profiles
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High maintenance and operation cost may hinder industry profitability, thereby affecting spray drying equipment market price trend. Increasing food encapsulation market is likely to create new avenues in the industry growth. It mainly consumes high electricity and has low thermal efficiencies. Increasing investments in R&D and innovations to find alternatives may impede industrial growth.
Global spray drying equipment market share is consolidated. The dominant players are SPX Flow, Acmefil, Changzhou Lemar, AVM Systech and Shandong Shungeng.
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Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Info:
Name: Arun Hegde
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Organization: global market insights
Website: https://www.gminsights.com/industry-analysis/spray-drying-equipment-market
Release ID: 88889402
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