The pharmaceutical spray drying market size is expected to grow from USD 1.97 billion in 2024 to USD 2.78 billion by 2029, at a CAGR of 7.13% during the forecast period (2024-2029).
The pharmaceutical spray drying market is fragmented due to the presence of various players in the market. Some of the players who are dominating the market are Shandong Tianli Drying Equipment Corporation Ltd, Buchi Labortecknik AG, European SprayDry Technologies, and Labplant UK, among others.
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