Pharmaceutical Spray Drying Market Size and Share

Pharmaceutical Spray Drying Market (2025 - 2030)
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Pharmaceutical Spray Drying Market Analysis by Mordor Intelligence

The pharmaceutical spray drying market size is valued at USD 2.20 billion in 2025 and is projected to reach USD 3.16 billion by 2030, expanding at a 7.47% CAGR. This momentum positions the pharmaceutical spray drying market size as a core enabler for contemporary drug development strategies that prioritize enhanced solubility, rapid bioavailability, and scalable continuous‐flow production. Growth is fueled by supportive regulation, rising demand for advanced solid dispersions, and a clear pivot by contract development and manufacturing organizations (CDMOs) toward integrated particle‐engineering services. Equipment suppliers are embedding real-time analytics and advanced automation, while biopharma innovators leverage the platform to shorten development cycles for small-molecule APIs, vaccines, biologics, and inhalable therapies. Sustainability imperatives, solvent‐reduction mandates, and heightened energy-efficiency objectives further accelerate adoption of closed-loop and fusion-dispersion systems, reinforcing the pharmaceutical spray drying market as a preferred route for next-generation therapeutics.

Key Report Takeaways

  • By formulation type, small-molecule APIs led with 47.54 % of the pharmaceutical spray drying market share in 2024, whereas vaccines (including mRNA/LNP formulations) are set to expand at a 10.01 % CAGR through 2030.
  • By application, excipient production represented 43.23 % of revenues in 2024, while bioavailability-enhancement applications are forecast to post a 9.34 % CAGR through 2030.
  • By spray-dryer type, rotary atomizer systems held 41.23 % share in 2024, whereas fluidized/closed-loop systems are slated for a 9.45 % CAGR to 2030.
  • By scale, commercial-scale operations commanded 68.65 % of the pharmaceutical spray drying market size in 2024; laboratory/pilot facilities are projected to grow at 9.67 % CAGR.
  • By geography, North America captured 40.23 % share of the pharmaceutical spray drying market size in 2024; Asia-Pacific will accelerate at an 8.45 % CAGR during 2025-2030.

Segment Analysis

By Application: Excipient Production Dominates While Bioavailability Enhancement Accelerates

Excipient production held 43.23 % of 2024 revenue, highlighting spray drying’s ability to engineer flowable, compressible, and directly compressible powders that streamline tablet manufacturing. Spray-dried multifunctional excipients with integrated disintegration and binding properties reduce formulation steps, enhancing manufacturing agility. Bioavailability-enhancement applications are forecast to advance at a 9.34 % CAGR, reflecting industry emphasis on unlocking therapeutically valuable but poorly soluble molecules.

Taste-masking, controlled-release, and encapsulation remain vital niches. Roquette’s acquisition of IFF Pharma Solutions in 2024 underscores the strategic importance of excipient innovation, combining polymer science with spray-drying know-how to address evolving delivery challenges. Collectively, the application landscape signals sustained expansion of the pharmaceutical spray drying market.

Pharmaceutical Spray Drying Market: Market Share by Application
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By Formulation Type: Small-Molecule APIs Lead as Vaccines Race Ahead

Small-molecule APIs provided 47.54 % of 2024 revenue. Companies deploy the technology to transform crystalline actives into amorphous forms, securing rapid dissolution and consistent in-vivo exposure. Vaccines, including mRNA/LNP formats, represent the fastest-growing category with a projected 10.01 % CAGR. Pandemic-era investments validated room-temperature, spray-dried respirable vaccines that facilitate global distribution without cold chain constraints.

Biologics benefit from gentle drying that preserves tertiary structure, with monoclonal antibodies achieving > 90 % powder recovery and stability metrics comparable to lyophilized alternatives. Peptide and gene-therapy use cases are gaining traction, reinforcing the adaptability of the pharmaceutical spray drying market across therapeutic classes.

By Spray-Dryer Type: Rotary Atomizers Prevail, Fluidized/Closed-Loop Systems Surge

Rotary atomizers held 41.23 % share in 2024 as centrifugal force provides uniform droplet formation and high throughput required for commercial runs. Fluidized/closed-loop configurations are projected for 9.45 % CAGR due to intrinsic solvent recovery, nitrogen inerting, and safety when processing flammable organic streams.

Nozzle atomizers remain indispensable for R&D owing to flexible scale‐down capability and cost efficiency. Four-phase nozzles generating 1.99 µm powders from 27 % solids reveal the design’s versatility. Electrostatic and supercritical CO₂-assisted variants cater to niche formulations, ensuring continued technical depth within the pharmaceutical spray drying market.

Pharmaceutical Spray Drying Market: Market Share by Spray Dryer Type
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By Scale: Commercial Plants Dominant; Laboratories Expand Rapidly

Commercial plants accounted for 68.65 % of 2024 revenue, driven by blockbuster launches and 24/7 continuous lines married to downstream tablet, capsule, or film coating. Integrating spray drying with continuous granulation minimizes handling and contamination risk, promoting Quality-by-Design compliance.

Laboratory/pilot units are expected to grow 9.67 % CAGR, aligned with high-throughput screening, personalized medicines, and orphan indication development. BÜCHI’s app-enabled S-300 empowers single-operator workflows and shortens cycle time, lowering entry barriers. Mega builds such as Eli Lilly’s USD 4.5 billion Medicine Foundry fuse R&D and clinical manufacturing to accelerate concept-to-clinic paths, broadening the pharmaceutical spray drying market size derived from small-batch capabilities.

Geography Analysis

North America maintained leadership at 40.23 % share in 2024, cemented by substantial CDMO capacity, a pro-innovation FDA stance, and large-scale internal builds from big pharma. Catalent’s USD 40 million Kentucky upgrade and Serán BioScience’s USD 200 million Bend project illustrate sustained capital deployment.

Asia-Pacific will post the fastest 8.45 % CAGR through 2030, driven by aggressive capacity expansion across China, South Korea, and India. SK pharmteco’s USD 260 million South Korean facility exemplifies the region’s semiconductor-like investment mentality. Government incentives for advanced manufacturing and simplified regulatory frameworks accelerate local uptake, injecting tailwinds into the pharmaceutical spray drying market.

Europe remains a stalwart manufacturing cluster, adding continuous systems under Horizon Europe grants. Boehringer Ingelheim’s EUR 120 million Greek expansion integrates spray-dried powder production for novel molecules. Meanwhile, Middle East & Africa and South America are evolving from import-dependent regions into regional formulation hubs, encouraged by WHO tech-transfer initiatives and domestic healthcare policy reforms.

Pharmaceutical Spray Drying Market CAGR (%), Growth Rate by Region
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Competitive Landscape

The pharmaceutical spray drying market exhibits moderate fragmentation, with the top five entities holding roughly 32 % combined share. GEA Group capitalizes on integrated ConsiGma modules designed for end-to-end continuous manufacturing, securing multi-line contracts from both originators and CDMOs. BÜCHI Labortechnik sustains R&D dominance through desktop units that synchronize process development data with scale-up dryers, reducing tech-transfer friction.

Hovione leverages a three-continent manufacturing network to provide cradle-to-commercial services, including ViSync’s cell-and-gene formulations and Zerion’s Dispersome solid-dispersion platform. Catalent melds spray drying with aseptic fill-finish to court biologics sponsors, while Serán BioScience focuses on accelerating IND timelines using its Bend facility’s integrated spray-dry hot-melt lines.

Private-equity capital is consolidating specialized capacity: Aurora Capital’s purchase of Spray-Tek and subsequent TRuCapSol acquisition signal roll-up strategies targeting mid-size providers. Equipment makers are adopting predictive-maintenance digital twins, offering uptime guarantees and micro-service upgrades that lock customers into lifecycle contracts. Competitive differentiation increasingly hinges on sustainability metrics, such as solvent-recovery efficiency and real-time carbon dashboards, which reverberate through supplier selection frameworks across the pharmaceutical spray drying market.

Pharmaceutical Spray Drying Industry Leaders

  1. Buchi Labortecknik AG

  2. European SprayDry Technologies

  3. SPX FLOW Inc.

  4. GEA Group AG

  5. Shandong Tianli Energy

  6. *Disclaimer: Major Players sorted in no particular order
Pharmaceutical Spray Drying Market Concentration
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Recent Industry Developments

  • January 2025: Aurora Capital Partners acquired Spray-Tek, reinforcing the platform's advanced encapsulation and spray-drying capabilities for pharmaceutical and nutraceutical clients .
  • January 2025: Hovione and Zerion Pharma launched a joint venture to commercialize Dispersome technology, granting Hovione exclusive rights for respiratory drug delivery and nutraceutical applications.
  • January 2025: Serán BioScience secured > USD 200 million to construct a state-of-the-art Bend, Oregon plant integrating commercial spray-drying, hot-melt extrusion, and fluid-bed modules.
  • November 2024: Hovione finalized USD 170 million expansions in New Jersey and Cork, Ireland, adding multiple large-scale spray-drying suites.
  • April 2024: WuXi STA installed a high-capacity spray dryer at its Couvet, Switzerland site, broadening its drug-product platform including high-potency oral solids.

Table of Contents for Pharmaceutical Spray Drying Industry Report

1. Introduction

  • 1.1 Study Assumptions & Market Definition
  • 1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Growing Demand for Enhanced Drug Solubility
    • 4.2.2 Rising Outsourcing of Pharmaceutical Formulation Services
    • 4.2.3 Expansion of Inhalable and Oral Thin-Film Therapies
    • 4.2.4 Increasing Adoption of Continuous Processing Technologies
    • 4.2.5 Favorable Regulatory Support for Advanced Drug Delivery Platforms
  • 4.3 Market Restraints
    • 4.3.1 High Initial Capital Investment and Operating Costs
    • 4.3.2 Stringent Validation and Compliance Requirements
    • 4.3.3 Limited Availability of Spray-Drying-Grade Excipients
    • 4.3.4 Energy Intensity and Sustainability Concerns
  • 4.4 Regulatory Landscape
  • 4.5 Porter's Five Forces
    • 4.5.1 Threat of New Entrants
    • 4.5.2 Bargaining Power of Buyers
    • 4.5.3 Bargaining Power of Suppliers
    • 4.5.4 Threat of Substitutes
    • 4.5.5 Competitive Rivalry

5. Market Size & Growth Forecasts (Value, USD)

  • 5.1 By Application
    • 5.1.1 Excipient Production
    • 5.1.2 Encapsulation
    • 5.1.3 Enhancing Bioavailability
    • 5.1.4 Other Applications
  • 5.2 By Formulation Type
    • 5.2.1 Small-Molecule APIs
    • 5.2.2 Biologics & Peptides
    • 5.2.3 Vaccines (Incl. mRNA/LNP)
    • 5.2.4 Inhalable Formulations
    • 5.2.5 Others
  • 5.3 By Spray Dryer Type
    • 5.3.1 Rotary Atomizer
    • 5.3.2 Nozzle Atomizer
    • 5.3.3 Fluidized / Closed-Loop
    • 5.3.4 Others
  • 5.4 By Scale
    • 5.4.1 Laboratory / Pilot
    • 5.4.2 Commercial-Scale
  • 5.5 Geography
    • 5.5.1 North America
    • 5.5.1.1 United States
    • 5.5.1.2 Canada
    • 5.5.1.3 Mexico
    • 5.5.2 Europe
    • 5.5.2.1 Germany
    • 5.5.2.2 United Kingdom
    • 5.5.2.3 France
    • 5.5.2.4 Italy
    • 5.5.2.5 Spain
    • 5.5.2.6 Rest of Europe
    • 5.5.3 Asia-Pacific
    • 5.5.3.1 China
    • 5.5.3.2 Japan
    • 5.5.3.3 India
    • 5.5.3.4 Australia
    • 5.5.3.5 South Korea
    • 5.5.3.6 Rest of Asia-Pacific
    • 5.5.4 Middle East & Africa
    • 5.5.4.1 GCC
    • 5.5.4.2 South Africa
    • 5.5.4.3 Rest of Middle East & Africa
    • 5.5.5 South America
    • 5.5.5.1 Brazil
    • 5.5.5.2 Argentina
    • 5.5.5.3 Rest of South America

6. Competitive Landscape

  • 6.1 Market Concentration
  • 6.2 Market Share Analysis
  • 6.3 Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
    • 6.3.1 GEA Group AG
    • 6.3.2 SPX FLOW Inc.
    • 6.3.3 Büchi Labortechnik AG
    • 6.3.4 ProCepT NV
    • 6.3.5 European SprayDry Technologies
    • 6.3.6 Shandong Tianli Energy
    • 6.3.7 Labplant UK
    • 6.3.8 New AVM Systech
    • 6.3.9 Advanced Drying Systems
    • 6.3.10 Lemar Drying Engineering
    • 6.3.11 Freund-Vector Corp.
    • 6.3.12 Glatt GmbH
    • 6.3.13 Fluid Air (Spraying Systems)
    • 6.3.14 Syntegon Technology
    • 6.3.15 Spray-Tek Inc.
    • 6.3.16 Coperion GmbH
    • 6.3.17 Carrier Vibrating Equipment
    • 6.3.18 Powder Systems Ltd.
    • 6.3.19 Innojet GmbH
    • 6.3.20 Cyclops Spray Drying

7. Market Opportunities & Future Outlook

  • 7.1 White-Space & Unmet-Need Assessment
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Global Pharmaceutical Spray Drying Market Report Scope

As per the scope of the report, spray drying is a drying technology used in the pharmaceutical business to turn liquid or slurry into a dry or coarse powder with the help of hot gas. It is commonly used to make active pharmaceutical ingredients (APIs) in medications.

The global pharmaceutical spray drying market is segmented by application and geography. The application segment of the pharmaceutical spray drying market is further segmented into excipient production, encapsulation, enhancing bioavailability, and other applications. The geography segment is further segregated into North America, Europe, Asia-Pacific, Middle East, Africa, and South America. The market report also covers the estimated market sizes and trends for 17 countries across major regions globally.

The report offers the value (in USD) for the above segments.

By Application
Excipient Production
Encapsulation
Enhancing Bioavailability
Other Applications
By Formulation Type
Small-Molecule APIs
Biologics & Peptides
Vaccines (Incl. mRNA/LNP)
Inhalable Formulations
Others
By Spray Dryer Type
Rotary Atomizer
Nozzle Atomizer
Fluidized / Closed-Loop
Others
By Scale
Laboratory / Pilot
Commercial-Scale
Geography
North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
By Application Excipient Production
Encapsulation
Enhancing Bioavailability
Other Applications
By Formulation Type Small-Molecule APIs
Biologics & Peptides
Vaccines (Incl. mRNA/LNP)
Inhalable Formulations
Others
By Spray Dryer Type Rotary Atomizer
Nozzle Atomizer
Fluidized / Closed-Loop
Others
By Scale Laboratory / Pilot
Commercial-Scale
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa GCC
South Africa
Rest of Middle East & Africa
South America Brazil
Argentina
Rest of South America
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Key Questions Answered in the Report

What is the expected value of the pharmaceutical spray drying market by 2030?

The market is forecast to reach USD 3.16 billion by 2030, reflecting a 7.47% CAGR.

Which application segment is growing fastest?

Bioavailability-enhancement applications are projected to grow at a 9.34 % CAGR between 2025 and 2030.

Why are fluidized/closed-loop dryers gaining popularity?

They recover solvents, operate under inert atmospheres for safety, and are forecast for a 9.45 % CAGR through 2030.

How significant is Asia-PacificÕs contribution to growth?

Asia-Pacific is the fastest-growing region with an 8.45 % CAGR, driven by major capacity expansions and supportive policy frameworks.

What role do CDMOs play in spray drying adoption?

CDMOs provide capital-intensive equipment, technical expertise, and regulatory support, enabling sponsors to accelerate product development without large upfront investment.

What are the main barriers to broader spray-drying uptake?

High capital expenditure and lengthy GMP validationÑoften 12-18 monthsÑremain the foremost challenges for smaller or emerging-market companies.

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