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