The 2023-2028 World Outlook for Spray-Drying Rotary Atomizers

The 2023-2028 World Outlook for Spray-Drying Rotary Atomizers

This study covers the world outlook for spray-drying rotary atomizers across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), for the country in question (in millions of U.S. dollars), the percent share the country is of the region, and of the globe. These comparative benchmarks allow the reader to quickly gauge a country vis-à-vis others. Using econometric models which project fundamental economic dynamics within each country and across countries, latent demand estimates are created. This report does not discuss the specific players in the market serving the latent demand, nor specific details at the product level. The study also does not consider short-term cyclicalities that might affect realized sales. The study, therefore, is strategic in nature, taking an aggregate and long-run view, irrespective of the players or products involved.

This study covers spray-drying rotary atomizers as defined by the North American Industrial Classification system or NAICS (pronounced "nakes").

The NAICS code for spray-drying rotary atomizers is 311513. It is for this definition that aggregate latent demand estimates are derived. Spray-drying rotary atomizers is specifically defined as follows:

311513 This U.S. industry comprises establishments primarily engaged in (1) manufacturing cheese products (except cottage cheese) from raw milk and/or processed milk products and/or (2) manufacturing cheese substitutes from soybean and other nondairy substances.

3115131 NATURAL CHEESE, EXCEPT COTTAGE CHEESE (CHEDDAR, SWISS, ITALIAN, BRICK, CREAM, GRATED, DRIED, ETC.)

3115133 Natural cheese, except cottage cheese

3115134 Processed cheese and related products

3115135 Cheese substitutes

3115137 CHEESE SUBSTITUTES AND IMITATIONS

311513A RAW LIQUID WHEY

311513M Miscellaneous receipts

311513P Primary products

311513S Secondary products