Global Spray Drying Equipment Market Growth, Share, Size and Forecast 2027
Global Spray Drying Equipment Market is expected to reach USD 5.91 Billion by 2027 in value terms, growing at a CAGR of over 7% during 2022-2027. The growth of the market is driven by the growing pharmaceutical, food & chemical industry, changing lifestyle, increasing population, growing urbanization and increasing domestic income. Moreover, growing trend for high investment in technological advancements to develop the equipment will further drive the spray drying equipment market. Based on geography, North America dominates the Global Spray Drying Equipment market due to growing health awareness among the consumers and APAC region is expected to hold significant market share during 2023-2027. Some of the leading players in the Global Spray Drying Equipment market are GEA Group AG, Dedert Corporation, SPX Flow Technology Denmark A/S, Acmefil Engineering Systems Pvt. Ltd., Buchi Labortechnik AG, European Spraydry Technologies Llp, Changzhou Lemar Drying Engineering Co. Ltd., Shandon...