Process Spectroscopy Market - Size, Share, Industry Trends, and Forecasts (2025-2032)

By Type:

Based on type, the market is segmented into infrared (IR) spectroscopy, ultraviolet-visible (UV/Vis) spectroscopy, nuclear magnetic resonance (NMR) spectroscopy, raman spectroscopy, x-ray spectroscopy, and others.

Trends in the type:

• Increasing trend in adoption of infrared spectroscopy due to its high sensitivity, rapid examination, and non-destructive testing among others.

• There is a rising trend towards utilization of nuclear magnetic resonance (NMR) spectroscopy for advanced molecular and structural biology applications among others.

Infrared (IR) spectroscopy segment accounted for a significant revenue share in the overall market in 2024.

• Infrared spectroscopy is used for measuring the interaction of infrared radiation with matter.
• Infrared spectroscopy is primarily utilized for identifying and characterizing organic compounds based on the absorption of IR light by molecular vibrations.
• Moreover, infrared spectroscopy provides a range of benefits such as high sensitivity, rapid analysis, non-destructive testing, molecular identification, versatility in applications, and others.
• For instance, in March 2023, Edinburgh Instruments launched its new IR5 model of FTIR spectrometer, which is an infrared spectrometer that features including high sensitivity and improved spectral resolution. It is ideal for use in most demanding research applications.
• According to the process spectroscopy market analysis, the rising advancements associated with infrared spectroscopy are driving the process spectroscopy market trends.

Nuclear magnetic resonance (NMR) spectroscopy segment is anticipated to register substantial CAGR growth during the forecast period.

• Nuclear magnetic resonance (NMR) spectroscopy involves exploiting the magnetic properties of certain atomic nuclei.
• In NMR spectroscopy, nuclei of atoms are usually placed in a strong magnetic field and subjected to radio frequency radiation. These nuclei absorb energy and further resonate at particular frequencies, which are detected and transformed into a spectrum. The resulting spectrum offers detailed information related to the structure and dynamics of the molecules within a sample.
• For instance, in February 2023, Bruker announced successful customer installations of its two compact 1.0 GHz NMR spectrometers. The NMR spectrometers was integrated for advanced molecular and structural biology applications.
• Thus, the increasing adoption of NMR spectrometers is anticipated to propel the market during the forecast period.

By Component:

Based on component, the market is segmented into hardware, software, and services.

Trends in the component:

• Increasing advancements associated with spectroscopy instruments including such as infrared (IR) spectrometers, nuclear magnetic resonance (NMR) spectrometers, and others.
• There is a rising trend towards utilization of spectroscopy software, attributing to its benefits such as consistent data acquisition and processing, real-time monitoring, advanced analytical capabilities, and others.

Hardware segment accounted for the largest revenue share of 59.52% in the total process spectroscopy market share in 2024.

• The primary hardware components used in process spectroscopy include spectrometers, light source, detectors, optical components, and others.
• Moreover, different spectroscopy techniques utilize various light sources, such as lasers, infrared sources, and others. Optical components are used for manipulating and directing the light within the system while ensuring optimal interaction with the sample.
• For instance, in November 2022, Bruker launched its new MOBILE-IR II model of portable fourier transform infrared (FT-IR) spectrometer that offers high spectral performance.
• Therefore, increasing advancements associated with spectrometers are driving the process spectroscopy market growth.

Software segment is anticipated to register a significant CAGR growth during the forecast period.

• Spectroscopy software is primarily used for acquisition, interpretation, analytics, and visualization of spectroscopic data generated by several types of spectrometers.
• The primary functionalities of spectroscopy software includes data acquisition, data processing, spectral analysis, calibration, data visualization, and others.
• For instance, StellarNet Inc. offers a range of spectroscopy software in its solution offerings, which provides basic spectral acquisition to full spectroscopy programs such as spectral absorbance, reflectance, transmittance, radiometry, emissions, and others.
• Hence, the rising advancements related to spectroscopy software is anticipated to boost the process spectroscopy market size during the forecast period.

By End-Use:

Based on the end-use, the market is segmented into healthcare & life science, food & beverage, chemical, oil & gas, paper & pulp, semiconductor, and others.

Trends in the end-use:

• Rising trend towards adoption of spectrometers during drug formulation and production processes along with biomedical research and development activities.
• Increasing adoption of spectroscopy in food & beverage sector for testing of food and beverage products to ensure optimal quality and safety.

Healthcare & life science segment accounted for the largest revenue in the overall process spectroscopy market share in 2024.

• Spectroscopy is used in healthcare & life science sector, particularly in the development of pharmaceuticals for examining drug crystalline structures, interactions between active ingredients and excipients, drug identity and purity, and other related applications.
• Additionally, the utilization of spectroscopy in drug formulation and production processes offers several benefits such as improved drug characterization, real-time in-process monitoring, enhanced quality control and assurance, and others.
• For instance, according to the European Federation of Pharmaceutical Industries and Associations, the total pharmaceutical production Germany was valued at USD 10,004.50 million in 2022.
• According to the analysis, the increasing pharmaceutical production is driving the adoption of spectroscopy instruments, in turn propelling the market growth.

Food & beverage segment is anticipated to register a substantial CAGR growth during the forecast period.

• Spectroscopy instruments are often utilized in food & beverage industry for testing of food and beverage products to ensure optimal quality and safety.
• Moreover, spectroscopy instruments are typically used in food & beverage manufacturing for facilitating improved real-time process monitoring and quality control, microbial monitoring, health and safety compliance, and others.
• Spectroscopy instruments are used during food & beverage manufacturing for analyzing the quality and safety of all raw ingredients, process intermediates, along with final products.
• For instance, Kerry Group, a food and beverage company, announced the launch of its new food manufacturing facility in Georgia, United States in 2022. The food manufacturing facility was developed to meet the rising consumer demand in seafood, poultry, and alternative protein markets across the United States and Canada.
• Thus, the rising development of food & beverage manufacturing facilities is projected to drive the market during the forecast period.