Global Industrial Dryers Market for Agricultural Products 2017-2021
About Industrial Dryers
Food drying is a method to preserve food by desiccating or dehydrating the food products. Drying inhibits the growth of yeasts, bacteria, and mold. A dryer is a device used to dry foods including a set of specific agricultural products like fruits, vegetables, nuts, herbs, and phytopharmaceutical products. The market includes industrial dryers based on different heating mechanisms like hot air dryers, heated-surface dryers, and others. The dryers considered in the report are for application in the food industry and specifically only for drying a set of specific agricultural products - fruits, vegetables, nuts, herbs, spices, and medicinal plant produce.
Technavio’s analysts forecast the global industrial dryers market for agricultural products to grow at a CAGR of 2.48% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global industrial dryers market for agricultural products for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial dryers.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Industrial Dryers Market for Agricultural Products 2017-2021
Technavio recognizes the following companies as the key players in the global industrial dryers market for agricultural products: Bucher, Bühler, Boda Microwave, OKAWARA, Turatti Group, and Zhengzhou Azeus Machinery.
Other Prominent Vendors in the market are: HOF Prüfsysteme, MechaTech Systems, New AVM Systech, Plasma Kraft, SSP, and Thompson Dryers.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is demand for automated multifunctional drying systems. Safety of equipment handling, and increasing food safety and hygiene concerns (ensuring microbial safety to prevent cases of food-borne outbreaks related to dried fruits, vegetables, herbs, and spices) are leading to an increasing demand for automated systems.”
According to the report, one of the major drivers for this market is growing packaged food industry, expanding phytopharmaceutical products market, and increasing focus on branding of dried products. Dehydration reduces water activity and subsequently extends the shelf-life of dried foods like fruits and vegetables much longer than that of the fresh fruits and vegetables. As such, this process is used extensively as a safe and stable preservation method for food products.
Further, the report states that one of the major factors hindering the growth of this market is high price competition due to market fragmentation. This space is highly competitive with the top five companies accounting for less than 10% of the global market’s share. With the industry attaining maturity and owing to the fragmented nature of the market, vendors face a major challenge in terms of pricing of products, which also affects their profit margins.
Bucher, Bühler, Boda Microwave, OKAWARA, Turatti Group, Zhengzhou Azeus Machinery, HOF Prüfsysteme, MechaTech Systems, New AVM Systech, Plasma Kraft, SSP, Thompson Dryers.
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