Spray Drying Systems Market
The market for Spray Drying Systems was estimated at $6.5 billion in 2024; it is anticipated to increase to $9.2 billion by 2030, with projections indicating growth to around $12.2 billion by 2035.
Global Spray Drying Systems Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Spray Drying Systems industry revenue is expected to be around $6.9 billion in 2025 and expected to showcase growth with 5.9% CAGR between 2025 and 2034. Revolutionizing how we handle drying methods efficiently. Their ability to convert liquid or slurry substances into particles with precision has significantly impacted product consistency across sectors like pharmaceuticals to food and beverage production as well as chemical to ceramics manufacturing. These industries are now relying more than ever on spray drying systems, for improved efficiency, sophistication and economical benefits.
Spray drying systems play a role in various industries by providing a wide range of benefits that attract significant interest and demand. They are recognized for their performance over long durations and their versatility, in processing different materials to produce particles of various sizes.
Market Key Insights
- The Spray Drying Systems market is projected to grow from $6.5 billion in 2024 to $11.5 billion in 2034. This represents a CAGR of 5.9%, reflecting rising demand across Pharmaceutical Industry, Dyes and Pigments Production and Food and Beverage Industry.
- GEA Group AG, Buchi Labortechnik AG, SPX FLOW Inc are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Spray Drying Systems market and are expected to observe the growth CAGR of 3.8% to 5.7% between 2024 and 2030.
- Emerging markets including Vietnam, South Africa and Argentina are expected to observe highest growth with CAGR ranging between 6.8% to 8.1%.
- Transition like Digital Surge in Spray Drying Systems has greater influence in United States and Germany market's value chain; and is expected to add $301 million of additional value to Spray Drying Systems industry revenue by 2030.
- The Spray Drying Systems market is set to add $5.0 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Chemical Application projected to gain a larger market share.
- With Increased adoption of spray drying in pharmaceutical sector, and Rise of dairy and food processing industries, Spray Drying Systems market to expand 77% between 2024 and 2034.