Moisture Analyzer Market Analysis

Moisture Analyzer Market Analysis

The increasing adoption of moisture analyzers is anticipated to proliferate market growth in the coming years. This equipment is proved to be an ideal instrument to perform moisture analytical tests. Additionally, ongoing advancements have favored the evolution of these devices that offer automatic, robust, high quality, fast, and error-free moisture analysis, using the maximum degree of precision and measurement performance.

These devices are also in high demand in the food and beverage industries. Food and beverage products are highly perishable, and moisture can quickly degrade them. For instance, the U.S. FDA mandates the practice of moisture analyzers in food & beverage companies as higher levels of moisture may lead to contamination and affect the food quality.
 

Furthermore, moisture is a crucial parameter concerning the development of bulk solid pharmaceutical solutions. The manufacturing mechanism of advanced drugs is a complex process, and during a process that has essential phases that occur over multiple days, rapid and precise determination of moisture content is critical.
 

Moreover, the need for these devices in pharmaceutical sector is expected to experience substantial growth trend in the coming years. This substantial demand is pertaining to the factor that pharmaceutical product quality, effectiveness and shelf-life is based on the water content that facilitates imperative water determination in pharmaceutical analysis. For pharmaceuticals, the water content in solid dosage forms such as tablets and lyophilized substances is overlooked closely. For the latter, the regulatory guidelines mandate that the moisture content is required to be lower than 2%.
 

The ongoing trend for continuous drug product manufacturing demands novel, cost-effective process analytical techniques (PAT) to assure efficient control of processing. Near infrared is regarded as an optimal tool for process analysis technology. For pharmaceutical uses, it has proven to be an efficient mechanism for collecting crucial chemical information to develop process understanding and contribute to the novel process development & for process monitoring and regulation during the drug manufacturing processes. Hence, owing to the above factors increasing demand for the product is set to prove beneficial for the moisture analyzer market growth.

Based on equipment type, the market is segmented into desktop-mounted, handheld, and in-line. The desktop-mounted segment was valued at more than USD 770 million in 2021 owing to soaring demand and rising awareness regarding the benefits offered by desktop-mounted devices in moisture analysis procedures. The advent of a novel desktop-mounted moisture analyzer equipped with unique differential measurement principles is ensuring reliable performance in critical moisture applications.
 

These types of analyzers are easily adjustable to match the convenience and provide satisfactory outcomes. This equipment also delivers mobility to a certain extent. Moreover, these moisture analyzers provide a wide variety of operational versatility and the ability to employ a set of moisture analysis techniques. Thus, the soaring demand and availability of innovative desktop-mounted equipment are set to facilitate moisture analyzer market statistics incrementally.
 

Based on technique, the market is segmented into Karl Fischer Titration, loss on drying (LoD), capacitance, near-infrared, and others. The near-infrared segment is poised to register 6.6% CAGR from 2022 to 2028 due to rising demand and increasing awareness related to extensive advantages delivered by the near-infrared (NIR) technology for the continuous monitoring of industrial products. The availability of a broad range of near-infrared moisture analyzers for performing moisture analysis with proven accuracy is also fuelling product preference worldwide.
 

The incorporation of near infrared moisture meters is profound and have established their place in the various industries, as they are pragmatic, time-efficient, and easy to use. NIR moisture meters feature characteristics such as non-destructive, contactless, and better versatility, operating in several conditions, with both liquids & solids. Also, these devices are available in handheld, desktop, and in-line versions for better convenience and versatility, addressing the consumer needs.
 

The capacity to overview the residual moisture content after drying is possible with near-infrared meters. The ongoing trend for continuous drug product manufacturing demands novel, cost-effective process analytical techniques (PAT) to assure efficient control of processing. Near infrared is regarded as an optimal tool for process analysis technology.
 

For pharmaceutical uses, it has proven to be an efficient mechanism for collecting crucial chemical information to develop process understanding and contribute to the novel process development & for process monitoring and regulation during the drug manufacturing processes. Thus, continuous advancements and development in equipment used in moisture analysis procedures would help to maintain steady growth and continue to expand the market in the coming years.
 

Based on application, the market is segmented into food & beverage, pharmaceuticals, chemical and petroleum, research & academics, metal & mining, semiconductor, plastic & polymer, and others. The food & beverage segment is estimated to surpass USD 649 million by 2028 due to the surging adoption of moisture analyzers in food & beverage industries to maintain optimum safety & quality. For instance, the food safety certifications and compliance issued by the U.S. FDA is driving the adoption of the product in food processing companies and food service organization to enhance the accuracy of moisture analysis.
 

The growing prevalence of foodborne ailments is also contributing to segmental growth. As per the World Health Organization report (WHO) 2020, an estimated 600 million individuals fall ill after eating contaminated food every year worldwide. This considerable disease burden and awareness regarding food safety tests is augmenting the demand for food moisture analysis using moisture analyzers. This has a significant impact on variables including the product’s taste, texture, appearance, shape, and weight. Thus, numerous advantages delivered by the product in the food & beverage sector are anticipated to expedite the market growth.
 

U.S. market is anticipated to reach more than USD 663 million by 2028 due to several factors such as the presence of major business players, an increase in the demand for moisture analyzers, etc. The presence of prominent players such as Sartorius AG, and Mitsubishi Chemical Holdings Corp. among others is engaged in new product development & commercialization that facilitates the industrial expansion in the region.
 

According to the Center for Diseases Control Prevention (CDC) data 2020, an estimated around 48 million people get sick from a foodborne ailment every year in the U.S. These statistics are highlighting the surging need for the product in food safety & quality testing and in academic & research institutes for more precise qualitative and quantitative moisture analysis results.