Spray Drying Equipment Market Revenue According to StraitsResearch, the  global spray drying equipment market size  was valued at  USD 6.42 billion in 2025  and is estimated to reach  USD 11.54 billion by 2034 , growing at a CAGR of  6.86%  during the forecast period (2026–2034).  The spray drying equipment market refers to the global industry focused on machinery used to convert liquid feed into dry powder through rapid drying with hot gas. This technology is widely adopted across industries such as food & dairy, pharmaceuticals, and chemicals due to its efficiency in preserving product quality and extending shelf life. According to Straits Research, the global spray drying equipment market has been experiencing steady growth, driven by increasing demand for processed and convenience foods, advancements in pharmaceutical manufacturing, and expanding applications in specialty chemicals. The market is projected to witness ...