Home > Food & Beverages > Spray Dried Food Market
Spray Dried Food Market Size
Spray Dried Food Market size will grow at a notable CAGR between 2024 and 2032, attributed to the adoption of spray-drying technology and the rising demand for convenience foods. Spray drying offers efficient preservation methods, maintaining the quality and nutritional value of foods while extending their shelf life. As consumers seek convenient meal options, spray dried products meet this demand, leading to market expansion across various food segments such as dairy, fruits, and vegetables.
For instance, in February 2023, EUROAPI unveiled a new spray dryer at its R&D center in Haverhill, UK, to enhance its pharmaceutical process development for CDMO clients. This supports chemical and biochemical synthesis projects across the company's sites in France, Germany, Hungary, and Italy, expanding their capabilities.
The growth of the spray dried food market is driven by technological advancements in spray drying processes and the expansion of the food processing industry. These advancements enable more efficient and precise drying, resulting in improved product quality and reduced production costs. Additionally, as the food processing industry expands to meet growing demand, the adoption of spray drying for its benefits in shelf life extension and preservation further drives the market's growth trajectory.
For instance, in April 2023, RELCO®, a subsidiary of Koch Separation Solutions, introduced the Parvus™ pilot spray dryer designed for a variety of food applications.
The growth of the spray dried food industry faces barriers due to the high cost of spray drying equipment and regulatory hurdles. However, it signifies an investment in quality and efficiency. Overcoming regulatory hurdles by ensuring compliance with stringent standards builds consumer trust and establishes a foundation for sustainable growth. By addressing these challenges head-on, the industry can unlock its full potential and pave the way for innovative food preservation solutions.
Spray Dried Food Market Trend
The trend of expanding use in the pharmaceutical industry is propelling the market growth. Pharmaceutical companies are increasingly utilizing spray drying technology to develop drugs with improved solubility, bioavailability, and stability. This crossover into pharmaceutical applications opens new avenues for the market, as spray drying's precision in particle size control and ability to encapsulate active ingredients align with the industry's demand for efficient drug delivery systems.
For instance, in July 2023, Velico initiated a trial to test the efficacy of spray-dried plasma, marking a significant step in medical research.
Spray Dried Food Market Analysis
The seafood segment will achieve a larger market share by 2032, propelled by several factors. With a rising demand for convenient, nutritious, and long-lasting seafood products, spray drying technology offers a solution by preserving the flavor and nutritional value of seafood. This method enhances shelf life without compromising quality, appealing to consumers seeking convenient meal options. Additionally, the growing popularity of seafood-based snacks and ready-to-eat meals will further contribute to the segment's prominence in the market.
The spray dried food market from the edible products segment will capture substantial gains during 2024 and 2032. As consumers increasingly seek convenient and versatile food options, spray drying technology offers a solution by preserving the taste, texture, and nutritional content of a wide range of edible products. This includes fruits, vegetables, dairy, and coffee, among others. With its ability to extend shelf life while maintaining quality, the edible products segment meets the growing demand for on-the-go, healthy snacks, and convenient meal solutions, making it a frontrunner in the market.
North America spray dried food market will grow at a noteworthy CAGR from 2024 to 2032, due to a combination of factors. The region's advanced food processing technologies, high demand for convenient and long-lasting food products, and matured food industry infrastructure all contribute to this projection. With consumers increasingly seeking easy-to-prepare and shelf-stable options, North America will stand out as a key contributor to the industry growth.
Spray Dried Food Market Share
Some of the leading firms operating in the spray dried food industry include:
- Green Rootz
- Ajinomoto Co., Inc.
- Unilever
- Nestle
- General Mills
- Drytech Industries
- Van Drunen Farms
- Mercer Foods
- RB Foods
- The Food Source International
- Kraft Foods, Inc.
- Sunspray Food Ingredients
- Mevive International Food Ingredients
- WATSON-INC
These companies are strategically enhancing their industry footprint through a range of initiatives. They've positioned themselves by harnessing advanced technologies in spray drying, ensuring top-notch quality and efficiency. Their commitment to innovation has yielded a diverse product lineup, meeting the dynamic needs of consumers. From powdered dairy goods to instant soups and sauces, they cater to a broad spectrum of preferences. This proactive approach has solidified their standing in the market, driving their expansion and competitiveness.
Moreover, these players have adeptly tapped into the burgeoning trend of convenience foods, offering solutions that align with modern lifestyles. By prioritizing sustainability in their operations, they have also attracted environmentally conscious consumers. Furthermore, their aggressive marketing strategies and expansion into new geographical territories have significantly bolstered their market presence. As a result, they are competing with established brands and are rapidly becoming formidable forces driving the market demand.
Spray Dried Food Industry News
- In June 2022, General Mills purchased TNT Crust, a producer of premium frozen pizza crusts for both regional and national pizza chains, food service distributors, and retail stores. Previously, TNT Crust had been a part of Peak Rock Capital's portfolio.
- In June 2022, BUCHI Labortechnik introduced the Mini Spray Dryer S-300, a next-generation spray drying system. This new instrument merges advanced automation features and a groundbreaking system layout to deliver unparalleled efficiency, reproducibility, and safety throughout the spray drying procedure.