Pharmaceutical Segment is Estimated to Account for the Larger Share of the Powder Induction and Dispersion Systems Market

The Powder Induction and Dispersion Systems Market is estimated to be USD 843 million in 2018 and is projected to reach USD 1112 million by 2023, at a CAGR of 5.7% during the forecast period. The market for products such as salad dressings, mayonnaise, baby food, milk drinks, confectionery products, and sauces has witnessed significant growth. To improve the production efficiency of food products and pharma ingredients, a well-developed induction and dispersion technique is required with strategies that help to ascertain, which mixing process a manufacturer should adopt.

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The pharmaceutical segment is estimated to account for the larger share of the powder induction and dispersion system market, by application, in 2018. On the basis of application, the pharmaceutical segment is estimated to hold a larger share of the powder induction and dispersion system market in 2018.

The active pharmaceutical ingredient (API) is a powder that is blended with other powders (excipients) or liquids to produce tablets and gel capsules. Powder induction and dispersion systems find application in the pharmaceutical industry; from products low in viscosity such as injections and cough syrup to highly viscous products such as suppositories and dental masses.

The North American powder induction and dispersion systems market is estimated to account for the largest share during the forecast period, while the Asia Pacific market is projected to grow at the highest CAGR. The increasing production and exports of pharmaceutical and chemical products are aiding the growth of the powder induction and dispersion systems market in the region. North America increasingly witnesses a presence of manufacturers in the powder induction and dispersion systems market, with major industry leaders maintaining their operations in the region.

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Key players in the market include Admix Inc. (US), John Bean Technologies Ltd. (US), SPX Flow (US), Ystral GmbH (Germany), IDEX Corporation (US), Charles Ross & Son Co. (US), Hayward Gordon Group (Canada), Axiflow Technologies Ltd. (US), Silverson Machines Inc. (UK), Noritake Co. Ltd (Japan), IKA Werke GmbH (Germany), and Joshua Greaves & Sons Ltd. (UK). These players are undertaking strategies such as new product launches, acquisitions, and expansions to improve their market position and extend their competitive advantage.

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