Solar Powered Agricultural Dryer Market size is expected to reach USD 45 Billion by the end of 2036, growing at a CAGR of 6% during the forecast period i.e., 2024-2036. In the year 2023, industry size of solar powered agricultural dryer was over USD 8 Billion Agricultural dryers driven by solar energy are economical, simple to install, and run without the need for traditional fuel. In theory, 2.4 MJ of energy are required for each liter of water that evaporates during the drying process. For instance, a new initiative in Peru to process coffee beans using solar dryers was launched by Energising Development, a global flagship program to promote energy access worldwide. As a result, the beans' humidity dropped to about 25%.
The increased consumer awareness of organic products is driving up demand for solar-powered farm dryers. Rather than using conventional dryers that burn fossil fuels, farmers are searching for renewable alternatives. It is also hoped that newer methods, such open-air drying, which allows farmers to use solar-powered dryers to meet their energy needs for higher crop output, would help reduce carbon footprints. Because organic products are produced without the use of artificial fertilizers and pesticides, they are more susceptible to rotting and pest infestation. Farmers can now maintain the quality of their organic produce by drying them quickly and effectively with solar-powered agricultural dryers, which lowers the chance of spoiling and pest infestation.
Growth Driver
Challenges
Base Year |
2023 |
Forecast Year |
2024-2036 |
CAGR |
~6% |
Base Year Market Size |
~USD 8 billion |
Forecast Year Market Size |
~USD 45 billion |
Regional Scope |
|
Mode (Direct, Indirect, Hybrid)
Based on mode, direct mode segment is predicted to account for 50% share of the global solar powered agricultural dryer market during the time period 2024-2036. They are relatively inexpensive to purchase and operate as they do not require any external energy sources. They are easy to build and use, even for farmers with limited technical knowledge. They are sustainable ways to dry agricultural products as they use renewable energy from the sun. Additionally, they can be effective at drying a wide variety of agricultural products, including fruits, vegetables, herbs, and spices.
Type (Solar Box, Solar Cabinet, Solar Tunnel)
Based on type, the solar box segment in the solar powered agricultural dryer market is expected to hold the highest CAGR of 40% by the end of 2036. The type of solar dryer is usually user-friendly and easy to set up. They are attractive to small-scale farmers, entrepreneurs and community initiatives where advanced technical expertise may be limited because of the simple design and functionality. Box-type Solar dryers can be built with locally available materials, and there is a possibility of do-it-yourself techniques. Box-type solar dryers are frequently able to scale up, allowing users to adapt the size of the system according to their specific needs. For companies with different production volumes, this scalability may be beneficial.
Our in-depth analysis of the global solar powered agricultural dryer market includes the following segments:
Type |
|
Design |
|
Mode |
|
APAC Market Forecasts
The solar powered agricultural dryer market in the Asia Pacific region is expected to hold the largest revenue share of 33% by the end of 2036. There are several countries in the Asia Pacific with well-developed industrial economies, such as Japan, Australia, and New Zealand, many of whom have emerging or developing economies. Increasing awareness of the benefits of solar dryers, government initiatives to promote the use of renewable energy sources, and increased demand for organic farming practices are major factors driving demand across Asia's developing countries. Agriculture, which employs millions of people and contributes to food security and rural development, has a significant role to play in the region's economy. Drying agricultural products like grains, fruits, vegetables, herbs, and spices with solar dryers is an effective and environmentally sustainable solution. Market growth in Asia Pacific is driven by the widespread use of solar dryers in the agricultural sector.
European Market Statistics
The solar powered agricultural dryer market in the Europe region is expected to grow significantly by the end of the forecast period. Consumers in the region are increasingly concerned about the environmental impact of food production, and solar dryers offer a sustainable alternative to traditional fossil fuel-powered dryers. The European Union has set ambitious targets for reducing greenhouse gas emissions and many European governments are providing financial incentives for the adoption of renewable energy technologies comprising solar dryers. According to estimates, the EU economy's greenhouse gas emissions in the third quarter of 2023 were 787 million tonnes of CO2-equivalents, a 7.1% reduction from the same period in 2022.
Author Credits: Dhruv Bhatia
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