(MENAFN - GetNews) According to a report published by Grand View Research, the rising preference for functional and ready-to-eat (RTE) food products along with the emphasis of food processing firms on the launch of new products with an improved shelf life is expected to fuel the market growth. According to a report, ' Spray Drying Equipment Market Size, Share & Trends Analysis Report By Cycle (Open, Closed), By Product (Rotary, Nozzle Atomizer), By Stage (Single-Stage, Two-Stage), By Flow, By Application, And Segment Forecasts, 2019 - 2025 published by Grand View Research, Inc., the global spray drying equipment market size is estimated to reach USD 7.19 billion by 2025 registering a CAGR of 6.8%. Spray drying envisages transforming a liquid, slurry, or semi-solid feed into a dried powder form using hot gas. It is a widely preferred method to dry food materials, pharmaceutical products, and other temperature-sensitive items, such as dairy products. Moreover, the rising need to increase the shelf-life of processed food and pharmaceutical products is opening new growth opportunities in the food processing and pharmaceutical industries. Thus, demand from the dairy processing industry for producing milk powder and stabilizing the milk constituents and from the pharmaceutical industry for producing antibiotics is anticipated to drive the market.