Moisture Analyzer Market Analysis And Forecast To 2031: By Equipment Type (Desktop-mounted, Handheld, In-line), By Technique (Karl Fischer Titration, Loss on drying (LoD), Capacitance, Near-infrared), By Application (Food & Beverage, Pharmaceuticals, Chem

Moisture Analyzer Market Analysis And Forecast To 2031: By Equipment Type (Desktop-mounted, Handheld, In-line), By Technique (Karl Fischer Titration, Loss on drying (LoD), Capacitance, Near-infrared), By Application (Food & Beverage, Pharmaceuticals, Chemical and Petroleum, Research & Academics, Metal & Mining, Semiconductor, Plastic & Polymer), And Region

The global moisture analyzer market was valued at USD 1.5 billion in 2021 and it is anticipated to grow up to USD 2.6 billion by 2031, at a CAGR of 5.5% during the forecast period.

A moisture analyzer is an instrument used to determine the moisture content of a material. The moisture content is the amount of water present in the material. Moisture analyzers are used in a variety of industries, including food and beverage, pharmaceutical, and chemical. There are two types of moisture analyzers: offline and online. Offline moisture analyzers are used to test a sample of the material, and the results are used to estimate the moisture content of the entire batch. Online moisture analyzers are used to continuously monitor the moisture content of the material.

Global Moisture Analyzer Market Scope and Report Structure

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Market Trends and Drivers

The increasing adoption of moisture analyzers is anticipated to proliferate market growth in the coming years. This equipment is proved to be an ideal instrument to perform moisture analytical tests. Additionally, ongoing advancements have favored the evolution of these devices that offer automatic, robust, high quality, fast, and error-free moisture analysis, using the maximum degree of precision and measurement performance.

These devices are also in high demand in the food and beverage industries. Food and beverage products are highly perishable, and moisture can quickly degrade them. For instance, the U.S. FDA mandates the practice of moisture analyzers in food & beverage companies as higher levels of moisture may lead to contamination and affect the food quality. Furthermore, moisture is a crucial parameter concerning the development of bulk solid pharmaceutical solutions. The manufacturing mechanism of advanced drugs is a complex process, and during a process that has essential phases that occur over multiple days, rapid and precise determination of moisture content is critical.

Market Restraints and Challenges

One of the key restraints in the moisture analyzer market is the high cost of these devices. Moisture analyzers can cost several thousand dollars, which can be a barrier to entry for many potential users. Another challenge in the moisture analyzer market is the need for skilled operators.

Global Moisture Analyzer Market Segmental Overview

The report analyses the global moisture analyzer market based on equipment type, technique, application, and region.

Global Moisture Analyzer Market by Equipment Type

Based on equipment type, it is segmented into desktop-mounted, handheld, and in-line. The desktop-mounted segment was dominated the market in 2021 owing to soaring demand and rising awareness regarding the benefits offered by desktop-mounted devices in moisture analysis procedures. The advent of a novel desktop-mounted moisture analyzer equipped with unique differential measurement principles is ensuring reliable performance in critical moisture applications. These types of analyzers are easily adjustable to match the convenience and provide satisfactory outcomes. This equipment also delivers mobility to a certain extent. Moreover, these moisture analyzers provide a wide variety of operational versatility and the ability to employ a set of moisture analysis techniques. Thus, the soaring demand and availability of innovative desktop-mounted equipment are set to facilitate moisture analyzer market statistics incrementally.

Global Moisture Analyzer Market by Technique

Based on technique, the market is segmented into Karl Fischer Titration, loss on drying (LoD), capacitance, near-infrared, and others. The near-infrared segment is poised to register significant CAGR from 2022 to 2028 due to rising demand and increasing awareness related to extensive advantages delivered by the near-infrared (NIR) technology for the continuous monitoring of industrial products. The availability of a broad range of near-infrared moisture analyzers for performing moisture analysis with proven accuracy is also fuelling product preference worldwide. The incorporation of near infrared moisture meters is profound and have established their place in the various industries, as they are pragmatic, time-efficient, and easy to use. NIR moisture meters feature characteristics such as non-destructive, contactless, and better versatility, operating in several conditions, with both liquids & solids. Also, these devices are available in handheld, desktop, and in-line versions for better convenience and versatility, addressing the consumer needs.

The capacity to overview the residual moisture content after drying is possible with near-infrared meters. The ongoing trend for continuous drug product manufacturing demands novel, cost-effective process analytical techniques (PAT) to assure efficient control of processing. Near infrared is regarded as an optimal tool for process analysis technology. For pharmaceutical uses, it has proven to be an efficient mechanism for collecting crucial chemical information to develop process understanding and contribute to the novel process development & for process monitoring and regulation during the drug manufacturing processes. Thus, continuous advancements and development in equipment used in moisture analysis procedures would help to maintain steady growth and continue to expand the market in the coming years

Global Moisture Analyzer Market Application

Based on application, the market is segmented into food & beverage, pharmaceuticals, chemical and petroleum, research & academics, metal & mining, semiconductor, plastic & polymer, and others. The food & beverage segment is dominate the market in 2021 due to the surging adoption of moisture analyzers in food & beverage industries to maintain optimum safety & quality. For instance, the food safety certifications and compliance issued by the U.S. FDA is driving the adoption of the product in food processing companies and food service organization to enhance the accuracy of moisture analysis.

The growing prevalence of foodborne ailments is also contributing to segmental growth. As per the World Health Organization report (WHO) 2020, an estimated 600 million individuals fall ill after eating contaminated food every year worldwide. This considerable disease burden and awareness regarding food safety tests is augmenting the demand for food moisture analysis using moisture analyzers. This has a significant impact on variables including the product’s taste, texture, appearance, shape, and weight. Thus, numerous advantages delivered by the product in the food & beverage sector are anticipated to expedite the market growth.

Geographical Analysis of Global Moisture Analyzer Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America moisture analyzer market revenue is poised to grow significant CAGR during the forthcoming years. U.S. market is anticipated to reach more than USD 663 million by 2028 due to several factors such as the presence of major business players, an increase in the demand for moisture analyzers, etc. The presence of prominent players such as Sartorius AG, and Mitsubishi Chemical Holdings Corp. among others is engaged in new product development & commercialization that facilitates the industrial expansion in the region. According to the Center for Diseases Control Prevention (CDC) data 2020, an estimated around 48 million people get sick from a foodborne ailment every year in the U.S. These statistics are highlighting the surging need for the product in food safety & qual.

Major Players in the Global Moisture Analyzer Market

The key players in the moisture analyzer market are

COVID-19 Impact

The COVID-19 pandemic has rendered a negative impact in the early 2020 on the moisture analyzer industry. Since most of the leading nations across the globe imposed a total lockdown, the focus was shifted to the rise in demand for essential industrial products and services, that decreased the manufacturing and demand for some non-essential industrial products comprising metal products. This COVID-19 pandemic has also resulted in the shutdown of food manufacturing companies and other food services. In April 2020, several government bodies comprising the U.S. FDA and the European Commission among others issued guidelines for restaurants and food manufacturers on rapid shut-down procedures in the wake of the pandemic. As a result, slowed down in the moisture analyzer market growth was witnessed especially around mid-2020.

However, the food companies are emphasizing developing effective packaging for their products to meet newly issued laws & regulations that will extend the shelf life & quality of the products. Thus, the growing focus on freshness and food safety has augmented the demand for a product that provides a rapid and efficient way to verify moisture contents in food and packaging material..

Recent Developments

• In December 2021, Ametek Inc. announced the acquisition of Alphasense, a provider of gas and particulate sensors for use in environmental, health and safety, and air quality applications. This acquisition helped the company to gain a technological advantage and strengthen their R&D activities in process analyzer systems.
• In September 2021, PCE Instruments introduced the PCE-PMI 1BT, a compact moisture meter. This meter offers non-destructive testing to measurement.
• In April 2021, Mettler-Toledo International Inc. acquired PendoTECH a manufacturer and distributor of single-use sensors, transmitters, control systems and software for measuring, monitoring and data collection. This acquisition helped the company to strengthen its product portfolio and pursue business expansion in diversified market segment and enhance its brand image.

Frequently Asked Questions

Q1. How big is the medical power supply market?Ans. The global moisture analyzer market size was USD 1.5 billion in 2021 and is anticipated to reach USD 2.6 billion in 2031, growing at a rate of 5.5% from 2022 to 2031.Q2. What is the moisture analyzer market growth rate?Ans. The growth rate of the moisture analyzer market is 5.5%.Q3. Which region holds a major market share for the medical power supply market?Ans. North America holds a major market share of the moisture analyzer market in 2021.Q4. Which segment accounted for the largest moisture analyzer market share?Ans. By application, the food beverage segment accounted for the largest moisture analyzer market share.Q5. Who are the key players in the moisture analyzer market?Ans. The global moisture analyzer market report includes players such as Q6. What are the factors driving the moisture analyzer market growth?Ans. The major factors driving the growth of the market are growing product demand along with technological advancements.Q7. What are the key growth strategies of moisture analyzer market players?Ans. The key growth strategies of moisture analyzer market players are product launch and product approval.Q8. Which region will provide more business opportunities for the moisture analyzer market during the forecast period?Ans. The Asia-Pacific region will provide more business opportunities for the moisture analyzer market during the forecast period.

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