Spray Drying Equipment Market Analysis, Opportunity, Demand, Share, Size & Forecast
The global Spray Drying Equipment Market is expected to reach USD 5.91 Billion by 2028 in value terms, growing at a CAGR of over 7% during 2023-2028. The growth of the market is driven by the growing pharmaceutical, food & chemical industry, changing lifestyles, increasing population, growing urbanization, and increasing domestic income. Moreover, the 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 consumers, and the APAC region is expected to hold a significant market share during 2024-2028. Some of the leading players in the Global Spray Drying Equipment market 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 ...