Spray Dried Food Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 4.11 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Spray Dried Food Market Analysis
The global spray dried food market is projected to register a CAGR of 4.11% in the forecasted period (2022 - 2027).
With the impact of COVID-19, the market scenario for spray-dried food products is completely changed with the increase in bulk purchases at the consumer's end and the need to increase the shelf-life of the natural food products at the manufacturers' end.
The global market for spray-dried food is mainly driven by the rising demand for ready-to-eat and convenience foods. Also, increasing opportunities in the food & beverage sector, including bakery, snacks, and confectionery segments, is another factor driving the spray-dried food market, along with an increasing extension of the shelf life of these products for prolonged periods.
However, the market faces a challenge such as high initial capital, maintenance cost, and availability of other advanced technologies, such as freeze drying and vacuum drying, which is restraining the market space.
Spray Dried Food Market Trends
This section covers the major market trends shaping the Spray Dried Food Market according to our research experts:
Growing Demand for Naturally Preserving Foods
Spray drying is the most effective method for powdering milk and other food products. Since it is less expensive in case of operations and initial cost, it is mostly preferred over other powdering techniques such as freeze-drying, vacuum drying, etc. Biologically and thermally sensitive materials such as milk, fruit juices, and essential oils are being dried using this technique. Food is perishable; hence, food preservation is needed to prevent its damage or spoilage under normal environmental conditions. The main aim of food preservation is to prevent or delay the growth of microorganisms, such as bacteria, yeast, and molds.
Consumers' demand has increased for fresh fruits and vegetables. To handle the market demand, fresh foods, including fruits and vegetables, are preserved using different techniques. This is attributed to the popularity of spray drying technologies. High moisture content in food products, like fruits and vegetables, leads to high water activity, which leads to loss of quality due to increased enzyme activity and microbial growth. Therefore, consumers' immense demand for naturally dried foods is increasing globally.
Asia-Pacific is the Fastest Growing Market
Asia-Pacific is the fastest-growing market in the global spray dried food market. Spray drying is widely used by the manufacturers in the region, including the local players, since the manufacturers can produce high-quality products at a comparatively cheaper cost. The major spray-dried products in the region are dairy, infant formula, instant coffee, whey protein concentrate, etc. The increased consumption of milk in the region is also a significant factor driving the market. China is the biggest market in Asia-Pacific, followed by Japan and India. Different countries are dominated by various spray-dried products. High penetration of infant formulations of major global players has been seen in the market.
Spray Dried Food Industry Overview
The global spray dried food market is highly fragmented, with many small and local players. Spray-dried dairy, fruit and vegetable, and spices segments are the major segments in the market. The players are adopting and improvising their market offerings with the continuously evolving market scenario. Also, major players are expanding their geographical reach by extending to new countries. Major players in the market include DSM, Nestle, CHR Hansen, Fonterra Co-operative Group, Kerry Inc., Givaudan, Döhler GmbH, etc.
Spray Dried Food Market Leaders
Koninklijke DSM N.V.
Fonterra Co-operative Group Limited
Kerry Inc.
Givaudan
Döhler GmbH
*Disclaimer: Major Players sorted in no particular order
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Spray Dried Food Market News
In November 2021, The Food Processing Innovation Center (FPIC) launched Davao's innovative food product called Bukolyte in Davao City. Spray-dried buko (young coconut) powder, Bukolyte, is made from young coconut water and meat developed using spray-drying technology that converts liquid extracts into powder while preserving some of the essential nutrients.
In March 2018, Swiss food and beverage giant Nestle Inc. developed a new form of porous, 'structured' sugar made with spray drying that allows the firm to lower the sugar contents of confectionery products by some 30%. The new sugar dissolves to provide a level of sweetness comparable to a large amount of traditional sugar.
Spray Dried Food Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definitions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers/ Buyers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Fruits
5.1.2 Vegetables
5.1.3 Dairy Products
5.1.4 Meat, Fish and Seafood
5.1.5 Spices and Seasonings
5.1.6 Other Product Types
5.2 By Application
5.2.1 Infant Foods
5.2.2 Nutraceutical
5.2.3 Baked Products
5.2.4 Ice-Cream
5.2.5 Pet Foods
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.1.4 Rest of North America
5.3.2 Europe
5.3.2.1 United Kingdom
5.3.2.2 France
5.3.2.3 Germany
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 Australia
5.3.3.4 India
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East & Africa
5.3.5.1 Saudi Arabia
5.3.5.2 South Africa
5.3.5.3 Rest of Middle-East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Strategies adopted by Key players
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Koninklijke DSM N.V.
6.3.2 Fonterra Co-operative Group Limited
6.3.3 Kerry Inc.
6.3.4 Givaudan
6.3.5 Döhler GmbH
6.3.6 Nestle SA
6.3.7 Kanegrade Ltd.
6.3.8 Mevive International Food Ingredients
6.3.9 Sensient Technologies Corporation
6.3.10 CHR Hansen
6.3.11 McCormick & Company Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
8. IMPACT OF COVID 19 ON THE MARKET
Spray Dried Food Industry Segmentation
Spray-dried foods are natural foods preserved with drying technology, improving their shelf life and preserving all the natural constituents of the food products. Spray drying is the process where a mixture of compounds is made in its liquid or slurry form that is finally converted into dry powder. It is a rapidly drying process. The global spray dried food market has been segmented into fruits, vegetables, dairy products, meat, fish and seafood, spices and seasonings, and other product types. Based on application, the market is segmented into infant foods, Nutraceutical, Baked Goods, Ice-cream, and Pet Foods. Also, the study analyzes the spray-dried food market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. The report offers the market size and forecast of the market in value (USD million) for all the above segments.
| By Product Type | |
| Fruits | |
| Vegetables | |
| Dairy Products | |
| Meat, Fish and Seafood | |
| Spices and Seasonings | |
| Other Product Types |
| By Application | |
| Infant Foods | |
| Nutraceutical | |
| Baked Products | |
| Ice-Cream | |
| Pet Foods |
| Geography | ||||||||
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Spray Dried Food Market Research FAQs
What is the current Spray Dried Food Market size?
The Spray Dried Food Market is projected to register a CAGR of 4.11% during the forecast period (2024-2029)
Who are the key players in Spray Dried Food Market?
Koninklijke DSM N.V., Fonterra Co-operative Group Limited, Kerry Inc., Givaudan and Döhler GmbH are the major companies operating in the Spray Dried Food Market.
Which is the fastest growing region in Spray Dried Food Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Spray Dried Food Market?
In 2024, the North America accounts for the largest market share in Spray Dried Food Market.
What years does this Spray Dried Food Market cover?
The report covers the Spray Dried Food Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spray Dried Food Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Spray Dried Food Industry Report
Statistics for the 2024 Spray Dried Food market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spray Dried Food analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
