Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1850.54 million | USD 2750.01 million | 4.5% | 2023 |
The global food dryer market size was worth around USD 1850.54 million in 2023 and is predicted to grow to around USD 2750.01 million by 2032 with a compound annual growth rate (CAGR) of roughly 4.50% between 2024 and 2032.
One of the oldest and most significant unit activities for food preservation is drying, often known as dehydration. In postharvest processing, it is one of the unit operations with the highest energy use. After harvest, this unit operation is used to lower the water content of goods such as different fruits, vegetables, grains, pulses, and other agricultural and herbal items. Reducing the water activity to a point where it inhibits the development of microbes, enzymatic activities, and other deteriorative reactions is the goal of lowering the water content and extending the shelf-life of the bio-origin goods.
Thus, the food dryer is equipment that is used to reduce the moisture content or preserve food products for a long period. The food dryer market is driven by various factors such as increasing health consciousness, rising demand for natural and organic products, reduction of food waste, technological advancements and many others.
Increasing demand for processed food products drives market expansion
The worldwide food dryer market is expected to expand because of the rising demand for processed foods, which are among the top customers of commercial-grade food dryers. Factors such as rapid urbanization, rising disposable income, increased access to food products, the growing entry of new market players offering a variety of products supported by constant vertical product innovation, entry into less explored and newer markets, and strategic collaborations, among others, are driving up demand for processed foods.
Furthermore, the food business is investing in better ways to keep food fresher for longer, which immediately leads to a longer shelf life. This influences both the buyer and the seller since it helps to increase the profit ratio. Because drying food goods is one of the most popular ways to extend their shelf life, the worldwide business is seeing a continuous increase in investments in new-age and sophisticated dryers that use less electricity while producing maximum and optimal outcomes.
Operating costs will rise due to increased maintenance impeding market growth
Commercial dryers are heavy, expensive devices. They will need repair if they are harmed while in use. Because industrial dryer component components are expensive, end customers will pay more for these parts. For instance, a well-operating dryer that generates more than 10 tons of goods every hour might supply food products valued at over $100,000 each day. When a dryer is broken, there will be more downtime required for repairs and upkeep. Production may be impacted by an increase in downtime based on the extent of the damage.
The end-user will lose 50 tons of output in a week if they are spending five hours a week on unscheduled equipment repairs, which would result in a significant loss for the business. Additionally, there's a potential that the products may be over-dried because of variations in the drying process brought on by equipment malfunctions. Production will be lost if each product's appropriate moisture limit is not set and the products leaving the machinery have a moisture fluctuation of a given percentage.
The emergence of energy and cost-efficient dryers offers a lucrative opportunity for market growth
Manufacturers are required to adhere to several criteria that are in place to stop this. Additionally, there are guidelines for the production of equipment. The National Fire Protection Association (NFPA) and the American National Requirements Institute (ANSI) have established requirements that dryers should be made or designed to meet. Additionally, every component and part need to be certified. There is a maximum microwave emission value for the vacuum dryers that use microwaves.
Therefore, if the pollution rises, the equipment's operators will face severe difficulties. Manufacturers will have to spend more money and put in more work to comply with all of these rules. To dry fruits and vegetables, freeze-drying is becoming more and more common in the food processing sector. It is among the most effective techniques for food preservation, extending the shelf life of food items.
Unwanted weight gain by dehydrating food poses a major challenge to market expansion
Dehydrated foods have a greater calorie content per weight and, depending on the meal might include a lot of sodium and sugar. In excess, these nutrients can lead to weight gain and an increased risk of obesity, heart disease, and diabetes. Therefore, this will reduce the demand for dehydrating food, which in turn, hamper the food dryer industry during the projected period.
The global food dryer industry is segmented based on type, application, end-use and region.
Based on the type, the global food dryer market is bifurcated into convection, conduction and radiation. The convection segment is expected to dominate the market during the forecast period. The goods in the process of convective drying are not overheated when the product temperature itself is 100 Celsius and the air temperature is 150-200. Therefore, these advantages are driving the segment expansion.
Based on application, the global food dryer industry is categorized into nuts, fish & seafood, fruits & vegetables, meat & meat products, herbs & spices and others. The fish & seafood segment is expected to hold the largest market share during the forecast period. The segment expansion is attributed to the increasing trade of fish & seafood across the globe. For instance, according to the official data given by the Indian Government, despite various hurdles in its key export markets, such as the United States, India recorded an all-time high in seafood exports in terms of volume and value, shipping 17,35,286 MT worth US$ 8.09 billion in FY 2022-23. During FY 2022-23, exports increased in quantity by 26.73%, in rupees by 11.08%, and in US dollars by 4.31%. In 2021-22, India exported 13,69,264 MT of seafood totaling $7,759.58 million.
Based on end-use, the global food dryer market is segmented into commercial, industrial and residential. The commercial segment is expected to grow at a substantial rate over the forecast period. Commercial food dryers are used to increase the shelf life of various food items. This is especially crucial for decreasing food waste in the supply chain and ensuring that goods are sustainable for long-term distribution.
Report Attributes | Report Details |
---|---|
Report Name | Food Dryer Market |
Market Size in 2023 | USD 1,850.54 Million |
Market Forecast in 2032 | USD 2,750.01 Million |
Growth Rate | CAGR of 4.50% |
Number of Pages | 213 |
Key Companies Covered | Suntec Energy Systems, Blue Alpine, Guangdong IKE Industrial Co. Ltd, Gem Drytech Systems LLP, Kronitek — Food Processing Machines, Varun Agro, Planet Dryers Ltd., Flex Foods Limited, Science for Society Techno Services Pvt Ltd., COOLVACUUM TECHNOLOGIES, SL, TAIKI SANGYO CO. LTD., HOSOKAWA MICRON B.V., SHINCCI and Kemolo Freeze Dryer Co. Ltd., and others. |
Segments Covered | By Type, By Application, By End-use, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
North America is expected to dominate the market over the projected period
North America is expected to dominate the market over the projected period. The regional food dryer industry is growing due to the increasing awareness related to health and wellness as the food dryers are used to prevent food from wastage and preserve the nutritional properties of the food. According to the Recycle Track Systems:
On the other hand, the Asia Pacific is expected to grow at the highest CAGR during the forecast period due to the growing population and urbanization. Food dryers are gaining popularity for their convenience in preserving and consuming a variety of foods. For instance, according to secondary sources, in 2022, nearly one-third of India's total population resided in cities. The trend indicates a more than 4% growth in urbanization over the previous decade, indicating that individuals have relocated from rural regions to find employment and make a livelihood in cities. Therefore, the aforementioned statistics support the market growth in the region.
The global food dryer market is dominated by players like:
By Type
By Application
By End-use
FrequentlyAsked Questions
One of the oldest and most significant unit activities for food preservation is drying, often known as dehydration. In postharvest processing, it is one of the unit operations with the highest energy use. After harvest, this unit operation is used to lower the water content of goods such as different fruits, vegetables, grains, pulses, and other agricultural and herbal items. Reducing the water activity to a point where it inhibits the development of microbes, enzymatic activities, and other deteriorative reactions is the goal of lowering the water content and extending the shelf-life of the bio-origin goods. Thus, the food dryer is equipment that is used to reduce the moisture content or preserve food products for a long period.
The food dryer market is driven by various factors such as increasing health consciousness, rising demand for natural and organic products, reduction of food waste, technological advancements and many others.
According to the report, the global market size was worth around USD 1850.54 million in 2023 and is predicted to grow to around USD 2750.01 million by 2032.
The global food dryer market is expected to grow at a CAGR of 4.50% during the forecast period.
The global food dryer market growth is expected to be driven by North America. It is currently the world’s highest revenue-generating market due to the growing awareness of health and wellness.
The global food dryer market is dominated by players like Suntec Energy Systems, Blue Alpine, Guangdong IKE Industrial Co., Ltd, Gem Drytech Systems LLP, Kronitek — Food Processing Machines, Varun Agro, Planet Dryers Ltd., Flex Foods Limited, Science For Society Techno Services Pvt Ltd., COOLVACUUM TECHNOLOGIES, SL, TAIKI SANGYO CO., LTD., HOSOKAWA MICRON B.V., SHINCCI and Kemolo Freeze Dryer Co., Ltd. among others.
The food dryer market report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, sentiment analysis, PESTLE analysis, trend analysis, SWOT analysis, trade area analysis, demand & supply analysis, Porter’s five forces analysis, and value chain analysis.
HappyClients
Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
We have secured system to process your transaction.
Our support available to help you 24 hours a day, five days a week.
Monday - Friday: 9AM - 6PM
Saturday - Sunday: Closed