Nano-micro carriers loaded with drugs and active biomolecules have gained a lot of attention in the field of health care, agriculture, and the food industry. Various methods have been explored to synthesize nano-micro carriers. However, there is still a constant search to develop a method for the preparation of a large quantity of nano-micro carriers with high loading efficiency. In this regard, spray drying could be a potential technique because of its inherent features like ease to operate, cost-effectiveness, environment-friendly, single step, and scalable. In this review, the focus is on the applicability of spray drying technique to prepare nano-micro carriers which are loaded with drugs, microorganisms, and other active molecules. Subsequently, the application and usefulness of spray-dried products in different research areas like the food industry, remediation of heavy metals and bioprocessing, and drug delivery have been presented. Furthermore, advantages, limitations, and recent developments in the area of spray drying have been discussed. This review presents a glimpse of spray drying techniques to synthesize nano-micro carriers with a wide range of applications.