Report

Global Spray Dried Food Market Size study, by Product Type, by Application and Regional Forecasts 2022-2028

  • Publish Date: Jun,2022
  • Report ID: QI037
  • Page : 250
  • Report Type : PDF (Email)
Global Spray Dried Food Market is valued at approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.11% over the forecast period 2022-2028. Spray dried foods are made utilizing a spray drying technology that turns liquid food into a dry form by rapidly drying it with hot gas. The colour and aroma of spray dried food products do not change, and it aids in the preservation of the food's texture. The spray drying process is most employed in the dairy and coffee industries. When compared to freeze dried foods, spray dried foods are less costly. The market growth is driven by key factors such as high demand from dairy industry and growing demand for naturally preserving foods. As per Statista, the global dairy industry was valued at over USD 720 billion in 2019, and it is expected to increase to USD 1,032 billion by 2024. Furthermore, growing strategic investments such as product launches and partnerships across the globe, propel the market opportunities for spray dried food. For instance, Nestle Inc., a Swiss food, and beverage giant invented a new porous, "structured" sugar manufactured with spray drying in March 2018, allowing the company to reduce the sugar content of confectionery products by 30%. The new type of sugar dissolves to provide a sweetness like a significant amount of conventional sugar. However, high maintenance cost impedes the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Spray Dried Food Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the market share globally, owing to increasing demand for spray dried food products. However, Asia Pacific is expected to be the fastest growing region due to growing consciousness about health and nutrition and rising population in the region.

Major market players included in this report are:

Koninklijke DSM N.V.

McCormick & Company Inc.

Dohler GmbH

Mevive International Food Ingredients

Kerry Inc

Kanegrade Ltd.

Nestle SA

Givaudan

Sensient Technologies Corporation

Fonterra Co-operative Group Limited

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Application offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Fruits

Vegetables

Dairy Products

Meat, Fish and Seafood

Spices and Seasonings

Other Product Types

By Application:

Infant Foods

Nutraceuticals

Baked Products

Ice-Cream

Pet Foods

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Spray Dried Food Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors