Towards Healthcare
Pharmaceutical Spray Drying Market Uptrends USD 4.93 Bn by 2034

Pharmaceutical Spray Drying Market Key Drivers and Opportunities

According to forecasts, the global pharmaceutical spray drying market will grow from USD 2.37 billion in 2024 to USD 4.93 billion by 2034, with an expected CAGR of 7.67%. The pharmaceutical spray drying market is expanding due to growing drug developments as well as increasing small-molecule research. North America led the market due to the presence of advanced industries.

Category: Laboratory Equipment Insight Code: 5702 Format: PDF / PPT / Excel

The global pharmaceutical spray drying market size is calculated at USD 2.37 in 2024, grew to USD 2.55 billion in 2025, and is projected to reach around USD 4.93 billion by 2034. The market is expanding at a CAGR of 7.67% between 2025 and 2034.

Currently widely used in the food and chemical sectors, spray drying is considered a rapid, cost-effective, and scalable process for the production of dry powder formulations of medicinal material. Due to characteristics like its reproducibility and continuous mode of operation, the method has become quite popular in the biotechnology and pharmaceutical sectors. There are prospects for market expansion due to the development of novel spray drying techniques, including controlled particle formation and supercritical fluid spray drying, that enhance product quality and delivery effectiveness. Microencapsulation, targeted drug delivery, and inhalation application advancements all contribute to market expansion.

Pharmaceutical Spray Drying Market Size 2024 - 2034

Key Takeaways

  • The pharmaceutical spray drying market will likely exceed USD 2.37 billion by 2024.
  • Valuation is projected to hit USD 4.93 billion by 2034.
  • Estimated to grow at a CAGR of 7.67% starting from 2025 to 2034.
  • North America dominated the global pharmaceutical spray drying market share in 2024.
  • Asia Pacific is expected to be the fastest-growing during the forecast period.
  • By application type, the pharmaceuticals segment dominated the market in 2024.
  • By application type, the biologics segment is expected to be the fastest growing during the forecast period.
  • By type, the closed-loop systems segment dominated the market in 2024.
  • By type, the open-loop systems segment is expected to grow significantly at a notable CAGR during the forecast period.
  • By technology type, the conventional spray drying segment dominated the market in 2024.
  • By technology type, the enhanced spray drying segment is expected to be the fastest growing during the forecast period.
  • By dosage form type, the powders segment dominated the market in 2024.
  • By dosage form type, the granules segment is expected to grow significantly during the forecast period.
  • By end user, the small molecules segment dominated the global pharmaceutical spray drying market in 2024.
  • By end user, the excipient segment is expected to grow significantly during the forecast period.

Key Metrics and Overview

Metric     Details
Market Size in 2025 USD 2.55 billion
Projected Market Size in 2034 USD 4.93 billion
CAGR (2025 - 2034) 7.67%
Leading Region North America
Market Segmentation By Application, By Type, By Technology, By Dosage Form, By End-Use, By Region 
Top Key Players Yamato Scientific America, Inc., NiTech Solutions LLC, Innovative Drying Solutions, LLC., Buchi Labortechnik AG, Novatech International, Inc., Anhydro, Inc., Armfield Ltd, B. Bohle Maschinen + Verfahren GmbH, JEL Drying Solutions A/S, Hosokawa Micron Ltd, Micron Powder Systems

Market Overview

Various benefits are provided by spray drying pharmaceuticals to the manufacturers. It helps in developing stable molecular dispersions of drugs, as well as is a preferred option for BCS classes 2 and 4 drugs. At the same time, it also helps in controlling the density, particle size, and morphology of the drug delivery system. Furthermore, bioactive drugs are also effectively encapsulated with the use of spray drying. Thus, the use of spray drying is a preferred choice for heat-sensitive APIs and excipients. Moreover, this technology helps in enhancing the drug stability, delivery, and solubility.

  • In April 2025, a collaboration between researchers of Korea Electrotechnology Research Institute (KERI) and the Korea Institute of Materials Science (KIMS) developed a novel “spray drying technology-based high-performance dry electrode manufacturing technology” to produce high-capacity secondary batteries.
  • In April 2025, a collaboration between Ethris and Lonza developed spray-dried formulations of mRNA-based vaccine candidates, which are stable at room temperature for mucosal delivery against respiratory diseases. In this collaboration, spray-drying and particle engineering for vaccine candidates were provided by Lonza. (Source - Genetic Engineering & Biotechnology News)

AI Integration in the Pharmaceutical Spray Drying Market

With the help of AI, the working efficiency of pharmaceutical spray drying technology is enhanced. Moreover, new spray drying robots are also being developed, which improve an autosampler for automated sample collection, a computer-controlled feed mixing and pumping array, and a cyclone cleaner to minimize cross-contamination. Hence, this helps in the development of powder of different compositions, during a single run, reducing the time as well as manual effort. Thus, with the help of AI and spray-drying robots, researchers can explore the formulation design space more efficiently.

Market Dynamics

Driver

Why is Increasing Drug Developments a Driver in the Pharmaceutical Spray Drying Market?

To tackle the rising diseases, the development of drugs is increasing. At the same time, to enhance the absorption as well as bioavailability, the use of spray drying is increasing. Furthermore, the rising use of BCS class 2 and 4 drugs is encouraging the use of spray drying. Hence, with the help of spray drying, the products developed show enhanced efficiency. Moreover, inhalation products are also being developed with the use of spray-dried powders. Thus, all these factors drive the pharmaceutical spray drying market growth.

Restraint

Limitations for Heat-Sensitive Drugs

In spray drying, the drugs are exposed to a hot drying chamber, which may not be suitable for heat-sensitive drugs. This may lead to unwanted effects, causing physical or chemical damage to these products. Thus, such products are degraded in the spray drying process, which results in the selection of alternative methods for heat-sensitive drugs.

Opportunity

Growing Small-Molecule Research

The use of small molecules in the treatment of various diseases is increasing. This, in turn, increases the demand for pharmaceutical spray drying technology. The solubility of most of the small molecules is low due to which the use of spray drying is preferred. Hence, with the use of this technology, the solubility is enhanced, which in turn, increases the bioavailability. Therefore, the small molecules can be formulated in various dosage forms with improved particle size as well as stability. Thus, this promotes the pharmaceutical spray drying market growth.

For instance,

  • In April 2025, with the use of spray drying, 3 common organic reactions for the synthesis of numerous small organic molecules at scale were performed, making it an alternative to traditional techniques, as per the research conducted by the scientists of Spain. (Source - Chemistry World)

FDA Approved Drugs in U.S. in 2024

The graph represents the total number of drugs approved by the FDA in the U.S. in the year of 2024. It indicates that there is a rise in small-molecule drugs. Hence, it increases the demand for spray drying technology for enhancing their solubility and stability. Thus, this in turn will ultimately promote the market growth.

Segmental Insights

What Made Pharmaceuticals the Dominant Segment in the Pharmaceutical Spray Drying Market in 2024?

The pharmaceuticals segment, by application type, dominated the market in 2024. The use of spray drying in pharmaceutical development has increased due to growing innovation in drugs to improve their solubility, absorption, as well as bioavailability. This contributed to the market growth.

The fastest-growing segment by application type is expected to be the biologics segment during the forecast period. The development of biologics by spray drying is accelerating their production process, as well as new powdered formulations are also being developed, increasing their use.

How Closed-Loop Systems Segment Dominated the Pharmaceutical Spray Drying Market in 2024?

In 2024, the market was dominated by the closed-loop systems segment by type. The closed-loop systems were a preferred choice for handling the flammable solvents in the drug production. Furthermore, it also provided process control. 

The significantly growing segment by type is expected to be the open-loop systems segment during the forecast period. The use of open-loop systems is increasing due to the growing demand for powdered or granular formulations as well as water-soluble active pharmaceutical ingredients (API) or excipients.

Which Technology Type Segment Held the Dominating Share of the Pharmaceutical Spray Drying Market in 2024?

The conventional spray drying segment, by technology type, held the dominating share in the market in 2024. The conventional spray drying technology was mostly used due to its reliability, as well as due to a wide range of formulation development, promoting the market growth.

By technology type, during the forecast period, the fastest growing segment is expected to be the enhanced spray drying segment. The use of enhanced spray drying is growing due to its use in the production of biologics as well as heat-sensitive drugs.

Why the Powders Segment Dominated the Pharmaceutical Spray Drying Market?

In 2024, the market was dominated by the powders segment by dosage form type. With the help of spray drying, the powder was developed, which in turn was used in tablet or capsule formulation, which were widely used. This, in turn, contributed to the market growth.

The fastest-growing segment by dosage form type is expected to be the granules segment during the forecast period. The production of granules for poorly soluble or absorbed drugs is increasing with the use of spray drying for the development of sustained-release formulations.

Why Did the Small Molecules Segment Dominate the Pharmaceutical Spray Drying Market in 2024?

The small molecules segment, by end user, dominated the market in 2024. The use of spray drying technology for improving the bioavailability as well as the stability of small molecules was increased, which contributed to promoting the market growth.

By end user, during the forecast period, the significantly growing segment is expected to be the excipient segment. The solubility as well as stability of excipients are being enhanced with the use of spray drying, which in turn, increases their use in the development of new formulations.

Regional Insights

Well-Developed Industries Drive North America

North America dominated the pharmaceutical spray drying market in 2024. North America consisted of well-equipped industries along with the presence of skilled personnel, as well as technological advancements. Furthermore, the growing development of drugs enhanced the use of spray dying, contributing to the market growth.

The U.S. Pharmaceutical Spray Drying Market Trends

The industries in the U.S. are increasing the use of spray drying technology to improve the solubility as well as the absorption of various active pharmaceutical products. Moreover, with the use of advanced technology, the product quality is improved with reduced errors and cost.

The Canada Pharmaceutical Spray Drying Market Trends

Canada consists of industries that are well developed, focusing on the development of new products with the use of spray drying. This, in turn, leads to new collaboration for the development of drugs with enhanced bioavailability by using the spray drying technique.

Advancing Industries Boost Asia Pacific

Asia Pacific is expected to host the fastest-growing pharmaceutical spray drying market during the forecast period. The Asia Pacific is experiencing a rise in the advancement of industries as they are adapting to various new technologies, as well as research, with the use of spray drying. This, in turn, enhances the market growth.

The China Pharmaceutical Spray Drying Market Trends

Along with the increasing use of spray drying, the industries in China are utilizing new technologies. With the help of these technologies, the working efficiency of spray drying is enhanced, improving the drug production, as well as the quality.

The India Pharmaceutical Spray Drying Market Trends

The industries in India use spray drying for formulating various drugs, as well as in research. Furthermore, new spray-dried formulations of poorly soluble or adsorbed drugs are also being developed.

Europe Driven by Growing Research

Europe is expected to grow significantly in the pharmaceutical spray drying market during the forecast period. The industries as well as institutes in Europe are focused on the development of new drug formulations of APIs belonging to BCS Class 2 or 4. This increases the use as well as demand for spray drying, promoting the market growth.

The Germany Pharmaceutical Spray Drying Market Trends

The growing interest in the development of new drug products from poorly soluble or absorbed drugs, particularly from BCS Class 2 or 4, is driving the demand for the spray drying technique in Germany. Furthermore, new collaborations are also being formed.

The UK Pharmaceutical Spray Drying Market Trends

The use of spray drying in the UK is increasing due to the growing research in industries as well as institutions for enhancing the bioavailability of drugs from BCS Class 2 or 4. These developments are further supported by the funding provided by the government.

Top Companies in the Pharmaceutical Spray Drying Market

Pharmaceutical Spray Drying Market Companies

Micron Powder SystemsLatest Announcements by Industry Leaders

  • In April 2025, the utilization of a commercial-scale spray dryer and a Gerteis dry granulation system at Gainesville, Georgia, in the facility of Bend Bioscience was announced where its CEO, Owen Murray, stated that, along with the support provide by this expansion, there is also a significant growth through their network of capabilities as well as expertise for improving the modified release forms, pharmacokinetics, and particle engineering. (Source - Contract Pharma)
  • In March 2025, Industry Veteran Doug Hecker was appointed as Head of Technical Operations by Surf Bio, where the CEO of Surf Bio, Bryan Mazlish, stated that it is an invaluable addition of Doug to Surf Bio as it provides expertise in spray drying, large-scale drug product manufacturing, and excipient development. With this expertise, they will help them in strengthening commercial collaborations with leading biopharmaceutical companies, scaling the SnapShot platform, and accelerating their path to clinical studies. (Source - Morningstar)

What are the Recent Developments in the Pharmaceutical Spray Drying Market?

  • In January 2025, a collaboration between Iconovo and Lonza was announced for the development of spray-dried formulations for an intranasally delivered biologic, which is expected to be launched in 2031. The spray-dried formulations will be developed by Lonza, which will use the ICOone Nasal inhalation device for their delivery. (Source - Bioprocess International)
  • In August 2024, a spray-dried formulation and lead candidate for filling in the nasal device, that is ONP-002, was developed by Oragenics, Inc., which will be used for concussion. This product will be delivered to the brain through the nasal cavity. (Source - Finance)

Segments Covered in the Report

By Application

  • Pharmaceuticals
  • Biologics
  • Food and Beverages
  • Chemicals

By Type

  • Closed Loop
  • Open Loop

By Technology

  • Conventional Spray Drying
  • Enhanced Spray Drying
  • Supercritical Fluid Spray Drying

By Dosage Form

  • Powders
  • Granules
  • Suspensions

By End-Use

  • Small Molecules
  • Large Molecules
  • Excipients

By Region

  • North America
    • U.S.
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Sweden
    • Denmark
    • Norway
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East and Africa (MEA)
    • South Africa
    • UAE
    • Saudi Arabia
    • Kuwait
  • Last Updated: 10 June 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2023
  • Base Year: 2024
  • Estimated Years: 2025-2034

Meet the Team

Deepa Pandey is a focused and detail-oriented market research professional with growing expertise in the healthcare sector, delivering high-quality insights across therapeutic areas, diagnostics, biotechnology and healthcare services.

Learn more about Deepa Pandey

Aditi Shivarkar, with over 14 years of experience in consumer goods, leads research at Towards Consumer Goods, ensuring precise, actionable insights on trends, consumer preferences, and sustainable packaging for businesses.

Learn more about Aditi Shivarkar

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FAQ's

The use of spray drying enhances the properties such as drug stability, delivery, solubility, as well as particle properties.

GEA Group is the major player in the market.

Ministry of Health and Family Welfare, Government of India, National Institutes of Health, FDA, WHO, PIB, CDC.