Moisture Analyzer Market Size, Share, and Trends 2024 to 2033

Moisture Analyzer Market Size to Reach USD 3.42 Bn by 2033

The global moisture analyzer market size was valued at USD 1.91 billion in 2023 and is anticipated to reach around USD 3.42 billion by 2033, growing at a CAGR of 6% from 2024 to 2033. The rise in demand across industries, quality control, compliance standard requirements, technological advancements in devices by automation, cost savings, efficiency improvements, awareness of product quality and safety, and expansion of industries are the key market drivers enhancing the market growth.

Key Takeaways

• North America led the market with the major market share of 40% in 2023.
• Asia Pacific is the fastest-growing region in the global market.
• By equipment, the desktop-mounted segment has contributed more than 49% of market share in 2023.
• By technique, the near-infrared segment is expected to grow at a notable pace during the projected period of 2024-2033.
• By application, the food & beverage segment has captured the largest market share of 39% in 2023.

Moisture Analyzer Market Size in U.S. 2024 to 2033

The U.S. moisture analyzer market size was estimated at USD 530 million in 2023 and is projected to surpass around USD 960 million by 2033 at a CAGR of 6.05% from 2024 to 2033.

Considering North America, the U.S. was estimated to be the largest contributor to the moisture analyzer market in 2023. The presence of competitive manufacturers in the U.S. is responsible for uplifting market growth. Consumers' requirements for qualitative food products, beverages, and other essential goods have forced producers to maintain the quality of all their products, thus resulting in the expansion of the moisture analyzer market.

Asia Pacific is the fastest-growing region in the global moisture analyzer market. The continuous increase in the number of people in Asia Pacific is also responsible for growth. Growth in population and urbanization increase the market demand for a wide variety of goods and services. Moreover, countries like China and India are the main reasons behind the expansion of the moisture analyzer market in the region. Also, Rapid developments in the chemical and pharmaceutical companies and significant growth in the food and beverages industries are creating a high demand for moisture analyzers.

Moisture Analyzer Market Overview

Moisture analyzers, also sometimes known as moisture balances, are used to measure the moisture content of different types of samples, such as solids, liquids, and gases. The determination of trace moisture in solids is necessary for plastics, pharmaceuticals, and heat treatment processes. Moisture analyzers help determine the moisture content of different products based on the loss on dying method (LOD), in which the sample is heated to evaporate the moisture content and finally record the weight loss caused by evaporation.

Moisture is one of the most important factors for maintaining the texture, appearance, taste, and shelf life of different products. Accurate moisture content plays an essential role in maintaining the quality of products, mainly in the pharma, food, research, and chemical industries. Moisture analyzers are used in different industries for many purposes. In the food industry, it plays a vital role in controlling humidity as excess moisture in food products can cause spoilage of food and is not further safe for human consumption purposes. Too little moisture in food products can cause the drying of food items and reduce the calories present in them.

Moisture analyzers are also used to determine the quantity of water present in oil, fuel, and many other chemicals. Many key players present in the market are focusing more on the launching of innovative machines for measuring the moisture content of different samples. Hence, it increases the demand for moisture analyzers and drives the growth of the moisture analyzer market.

Growth Factors

• Consumer demand for the safety and quality of different products manufactured in industries increases the market's growth and forces manufacturers to maintain the quality of their goods before introducing them to the market.
• Food and beverages, pharmaceuticals, semiconductors, polymers, and other industries require regular monitoring devices to observe different parameters, including moisture, which propels the market's growth.
• Raw materials are required for producing final products, and maintaining their moisture content is essential because moisture fluctuates the functioning of different materials.
• Different drugs manufactured in pharmaceutical industries have different chemical compositions and molecules. They are very sensitive to moisture variations, so pharmaceutical companies need high accuracy in terms of moisture content while developing drugs.

Moisture Analyzer Market Scope

Moisture Analyzer Market Dynamics

Drivers

Increased attention in consumers towards the quality of different products

Quality control standards primarily drive the moisture analyzers market in a large number of industries. Due to increased globalization and consumer expectations for reliable, safe, and quality products, manufacturers are concerned regarding the safety of goods. They are involved in offering products with good quality standards. Many companies are trying to make significant investments in quality control procedures to monitor and evaluate the level of production of their products. They are further promoting the growth in the moisture analyzer market.

To accomplish the goals of various industries, moisture analyzer devices are very helpful and fulfill the demands of consumers. Also, many industries are launching innovative devices to monitor the moisture content of products. Novel innovative machines have been launched that use advanced versions to monitor moisture content more accurately and efficiently. They enable improved quality control and optimization of manufacturing processes in various industries such as pharmaceutical, agricultural, and research organizations.

Increased demand for food and beverage products

The rising demand for food and beverage products among people worldwide is driving the growth of the moisture analyzer market. Moisture analyzers play an essential role in the food and beverage sectors as food and beverages require a proper quality standard before being delivered to various consumers. Food is one of the products that can be degraded very fast due to moisture level fluctuation. Too much high or low moisture content in food products can cause deterioration or spoilage of food items, loss of calories, and drying of food.

Restraint

High cost of moisture analyzers

The high expense associated with moisture analyzers is the main factor hampering the growth of the moisture analyzer market. These increasing high costs are more of a concern for small-scale and medium-scale manufacturers because their profitable income is low compared to that of large manufacturers of various industries. Advancements launched on various moisture-determining devices require more budget as the parts, such as heating elements and others, are much more expensive. All these reasons decrease the interest in moisture analyzers and degrade the growth of the moisture analyzer market.

Opportunity

Innovations and advancements in moisture analyzers

The increase in the preference for advanced and innovative moisture analyzers in various industries is a crucial step for accelerating market growth and raising regular advancements in technology. Industrial and process automation refers to the application of intelligence technology in industrial processes instead of performing it manually. Manual processes require repetitive tasks and more labor to perform. Automated moisture analyzers are fast, accurate, and intuitive, which helps to increase automation processes and reduce the need for labor. The increased demand and adoption of automation in various industrial processes during manufacturing, quality checks, and transportation drive the moisture analyzer market.

Equipment Type Insights

The desktop-mounted segment dominated the moisture analyzer market in 2023. Desktop-mounted devices are more comfortable to use for detecting the moisture content in a sample. People started demanding and raising awareness about using desktop analyzing devices for moisture-detecting purposes. Hence, this is driving the growth of the moisture analyzer market.

Technique Insights

The moisture analyzer market, the near-infrared segment is expected to grow at a notable pace during the projected period of 2024-2033. The near-infrared technique is more advantageous than others and is used regularly to monitor moisture content in various industrial products. Nowadays, near-infrared technology is widely used in the food processing, pharmaceuticals, packaging, chemical, and textile industries.

Application Insights

The food & beverage segment dominated the moisture analyzer market in 2023 and is expected to continue its dominance over the forecast period. Food and beverage products require moisture monitoring because the chances of food and beverage products' spoilage are very high due to the presence of humidity. Moisture analyzer devices are essential for regularly checking the presence of moisture.

Accurate moisture in food and beverage products helps to maintain the texture, appearance, taste, and weight of different products. Also, strict government regulations are imposed on the food and beverage industries to maintain the quality, safety, and appropriate moisture content of edible products. Hence, the food and beverage segment propels the growth and expansion of the moisture analyzer market.

Recent Developments

• In March 2024, Alliance Scale, a well-known distributor company, introduced a moisture analyzer that provides a single-step operation to perform quality control of all types of grains, foods, fish, meat, nuts, and seafood more accurately and precisely. This analyzer uses a halogen heating element to dry the moisture content in products.
• In June 2023, CEM Corporation, a leading provider of innovative testing solutions, announced the launching of the novel Quartz Halogen Moisture Analyzer. It is the most popular and fastest-working infrared moisture analyzer and has been declared to have outstanding performance in Pharmaceuticals, Plastics, Dairy Powders, Processed Foods, and many other industries.
• In March 2023, Novatec announced an exclusive partnership with Aboni company in Germany. Novatec helps in distributing offline moisture analyzers, namely HT3 Hydrotracer of Aboni, in North and Latin America. This device detects the accurate amount of moisture content present mainly in solids through calcium hydride.

Moisture Analyzer Market Companies

• PCE Instruments
• Michell Instruments Inc.
• Ametek Inc.
• SpectraSesnsors Inc.
• General Electric Co.
• A&D Co., Ltd.
• Kett Electric Laboratory
• Mettler-Toledo International Inc.
• Sartorius AG
• Shimadzu Corp.
• Gow-Mac Instrument Co.
• Mitsubishi Chemical Holdings Corp.
• Sinar Technology
• Thermo Fisher Scientific Inc.
• U-Therm International (H.K.) Ltd.
• Adam Equipment Ltd
• AMETEK Brookfield
• Metrohm India Limited
• Brookhuis Applied Data Intelligence

Segments Covered in the Report

By Equipment Type

• Desktop Mounted
• Handheld
• In-line

By Technique

• Karl Fischer Titration
• Loss on Drying
• Capacitance
• Near-infrared
• Others

By Applications

• Food & Beverage
• Pharmaceuticals
• Chemical &Petroleum
• Research & Academics
• Metal & Mining
• Semiconductor
• Plastic & Polymer
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa