Industrial Food Dryer Market by Product and Geography - Forecast and Analysis 2021-2025

  • Published: Sep 2021
  • Pages: 120
  • SKU: IRTNTR45451
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The industrial food dryer market size is expected to grow by USD 642.89 million and record a CAGR of 3.86% during 2021-2025.

This post-pandemic industrial food dryer market report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this industrial food dryer market analysis report, key drivers such as increase in demand for freeze-drying equipment in food processing have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as high energy consumption, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Industrial Food Dryer Market Size be in 2021?

Industrial-Food-Dryer-Market-Market-Size-2020-2025

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Who are the Key Vendors in the Industrial Food Dryer Market?

The industrial food dryer market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:

 

  • Agridry Dryers Pty Ltd.
  • Andritz AG
  • Binder and Theilen Dehydration GmbH and Co. KG
  • Bucher Industries AG
  • Buhler AG
  • California Pellet Mill
  • Carrier Vibrating Equipment Inc.
  • GEA Group AG
  • HEINKEL Process Technology GmbH

 

Our analysts have extensively outlined successful business strategies deployed by the key vendors in this market research report. The industrial food dryer market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

This industrial food dryer market report further entails segmentation by product (spray dryer, freeze dryer, fluidized-bed dryer, drum dryer, and others) and geography (Europe, APAC, North America, South America, and MEA). The available actionable insights on the segmentation in this report will enable a better understanding of the target audience and changing demand patterns.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. The industrial food dryer market further offers well-structured marketing strategies to overcome the negative post-COVID-19 impact, if any, on each product and service segment.

Which are the Key Regional Markets for Industrial Food Dryer Market?

Industrial-Food-Dryer-Market-Market-Share-by-Region-2020-2025

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The report offers an up-to-date analysis of the geographical composition of the market. Europe will record a fast growth rate during 2021-2025, owing to which the region should offer several growth opportunities to market vendors. From the statistical study of the geographic landscape, you can interpret and understand the competitive intelligence and regional opportunities in store for vendors for 2021-2025.

39% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for industrial food dryers in the region. This report provides estimations of the contribution of all regions to the growth of the industrial food dryer market size.

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What are the Key Factors Covered in this Industrial Food Dryer Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive industrial food dryer market growth during the next five years
  • Precise estimation of the industrial food dryer market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the industrial food dryer industry across Europe, APAC, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of industrial food dryer market vendors

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Industrial Food Dryer Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3.86%

Market growth 2021-2025

$ 642.89 million

Market structure

Fragmented

YoY growth (%)

3.74

Regional analysis

Europe, APAC, North America, South America, and MEA

Performing market contribution

Europe at 39%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agridry Dryers Pty Ltd., Andritz AG, Binder and Theilen Dehydration GmbH and Co. KG, Bucher Industries AG, Buhler AG, California Pellet Mill, Carrier Vibrating Equipment Inc., GEA Group AG, and HEINKEL Process Technology GmbH

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The industrial food dryer market growth will increase by $54.28 million during 2019-2024.
The industrial food dryer market is expected to grow at a CAGR of 0.33% during 2019-2024.
Technavio has segmented the industrial food dryer market by product (Spray dryer, Freeze dryer, Fluidized-bed dryer, Drum dryer, and Others) and geographic (Europe, APAC, North America, South America, and MEA).
Andritz AG, Bucher Industries AG, Buhler AG, California Pellet Mill, GEA Group Aktiengesellschaft, HEINKEL Process Technology GmbH, MechaTech Systems Ltd., OKAWARA MFG. Co. Ltd., SPX FLOW Inc., Turatti Srl are a few of the key vendors in the industrial food dryer market.
APAC will register the highest growth rate of 36.02% among the other regions. Therefore, the industrial food dryer market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the industrial food dryer market growth are:
  • Increase in demand for freeze drying equipment in food processing
The industrial food dryer market vendors should focus on grabbing business opportunities from the spray dryer segment as it accounted for the largest market share in the base year.
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