PALM BEACH, Fla., /PRNewswire/ — In the past several years, there has been a steady increase in the global nanoemulsion in the food & beverage market, and many reports continue to project a continued growth pattern in the next several years.
The factors driving the market growth are projected to be the rising demand for nanoemulsion technology in the food & beverage industry and the growing trend of nanostructured food ingredients. Nanoemulsions are also widely used in pharmaceutical systems.
Nanoemulsion formulation offers several advantages such as delete very drugs, biological or diagnostic agents.
They are an advanced mode of drug delivery system has that been developed to overcome the major drawbacks associated with conventional drug delivery systems.
The most important application of nanoemulsion is for masking the disagreeable taste of oily liquids.
Nanoemulsion may also protect the drugs, which are susceptible to hydrolysis and oxidation. Nowadays, nanoemulsions are used for targeted drug delivery of various anticancer drugs, photosensitizers or, therapeutic agents.
Nanoemulsion can also provide prolonged action of the medicaments. Overall all nanoemulsion form formulations are considered active, safe and, with increased bioavailability. It is expected that further research and development will be carried out in the future regarding nanoemulsion.
A report from ReserachAndMarkets projected that the nanoemulsion market size was valued at $2.1 billion in 2018, and is projected to reach $4.9 billion by 2026, growing at a CAGR of 11.5% from 2019 to 2026.
In 2018, North America accounted for nearly 41.8% share of the nanoemulsion market, while a report from ASD Reports projected that the global nanoemulsion sub-market for the food & beverage market is set to witness a CAGR of 11.86% through 2028.
“The nanoemulsion market size was valued at $2.1 billion in 2018, and is projected to reach $4.9 billion by 2026, growing at a CAGR of 11.5% from 2019 to 2026.”