Technavio has published a new report on the global refrigerated air dryer (RAD) market from 2017-2021. (Graphic: Business Wire)
The research study covers the present scenario and growth prospects of
the global RADmarketfor 2017-2021. Technavio presents a
detailed picture of the market by way of study, synthesis, and summation
of data from multiple sources.
The changing demographics and changing lifestyles have a profound impact
on the food consumption and the healthcare requirements of the
population. The global food consumption patterns have changed over time.
Globalization and increased per capita income are changing the eating
habits of individuals all around the world. For instance, instead of
consuming canned vegetables and fruits in winters, people buy fresh
fruits, vegetables, and other farm produce all year long from grocery
Technavio’s sample reports are free of charge and contain multiple
sections of the report including the market size and forecast, drivers,
challenges, trends, and more.
Increased contract manufacturing in pharmaceutical
Changing climates, consumption patterns, and lifestyles and rising
disposable incomes across the world have resulted in increased
health-related issues. For instance, the number of people who have
diabetes has witnessed a near fourfold increase in the last three
decades. To cope with the rise in health issues, governments across the
world are investing heavily in healthcare sectors in order to provide a
better-quality life for their citizens.
Gaurav Mohindru, a lead unit
operations research analyst at Technavio, says, “The growth of
the overall pharmaceutical market has also led to the growth in certain
subsectors, such as contract manufacturing. Contract manufacturing
organizations of small and large molecule drug substances and formulated
drug products have had lucrative businesses in recent years.”
Growing demand for packaged food and beverages
Packaged food and beverages have been witnessing a rise in demand across
various countries, which has resulted in the growing demand for RADs.
The growing disposable income in countries, such as India, China, and
Brazil, is a key factor for the rising demand for packaged food and
“The continuous growth in population in various countries has given
rise to the demand for packaged food products, which has resulted in the
increased demand for packaging paper. Since RADs are widely used in
paper as well as the food processing industry, the rising demand for
packaged food is directly resulting in the growing demand for RADs.
Thus, the increase in the demand for packaged food and beverage products
is expected to drive the sales of RADs in the forecast period,” adds
Drying technology is a blend of material science and transport
phenomena. Since drying mechanisms involve transient energy, mass, and
momentum transfer through a porous or nonporous medium, with phase
change and with or without chemical reactions, to describe and model
them is a complex task. Due to this complexity and diversity, there is
no universal drying theory. This has created opportunities for R&D in
Since the inception of the International Drying Symposium (IDS) series
in 1978 in Canada, there has been a remarkable increase in R&D to
understand drying technology fundamentals and applying them to enhance
the performance of traditional drying techniques as well as developing
innovative ones. IDS has been a biennial event since 1977 and is
organized in major geographies globally, such as Canada (1978), France
is a leading global technology research and advisory company. Their
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competitive positions within changing market scenarios.
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