Newark, NJ, Sept. 10, 2020 (GLOBE NEWSWIRE) -- As per the report published by Fior Markets, the global nanoemulsions market is expected to grow from USD 2.34 billion in 2019 and to reach USD 5.59 billion by 2027, growing at a CAGR of 11.5% during the forecast period 2020-2027.
In recent times, an exponential rise has been observed in the global population, which has impelled the food demand. In turn, this is anticipated to raise the demand for new types of emulsifiers in the food industry. Also, increase in need for various types of technologies in generation of nano emulsion is driving the growth of the nanoemulsion market. Moreover, advancements in the production process of nanoemulsions to minimize errors in the specification of components that are to be added are expected to augment the nanoemulsion market growth. Vitamins, flavors, and nutraceuticals in foods prove to be a critical factor that is attracting food producers, which boosts the growth of the nanoemulsion market trends.
Nanoemulsions are identified as particles having compositions of 20–200 nm droplet diameter. They are preferred over traditional emulsions, due to the fact that they have relatively smaller droplet size, a transparent, semi-translucent character, and most are solid against sedimentation & creaming. Also, they tend to develop bioavailability. Further, as nanoemulsions offer a broad surface area, they induce the active elements in the food to be penetrated immediately. Unlike thermodynamically steady microemulsions, nanoemulsions are unstable arrangements, which might be exposed to environmental degeneration. Hence, high-energy processes are needed to process nanoemulsions. Three types of nanoemulsions include small-molecule surfactant, protein-stabilized emulsions, and polysaccharide. Depending upon the size and type, nanoemulsions can be used in different applications such as food & beverage, cosmetics, and pharmaceutical industries. Small-molecule surfactants lie between the size of 0–100 nm. Polysorbate 80 and Polysorbate 20 are the most regularly utilized surfactants in food production. The size range of protein-stabilized emulsions is between 100 nm and 400 nm. Whey protein isolates, sodium caseinate, and lactoferrin are the most regularly used emulsions. The size of the polysaccharides lies between 400 nm and 1,000 nm. The most commonly utilized polysaccharides are pectin, gum arabic, and octenyl succinic anhydride starch.
Nanoemulsion technology is costly as compared with other regular emulsifying procedures adopted during the generation of the food. This makes emulsifiers produced using nanoemulsifying methods to be counted in the premium product series. It leads to lower in affordability for the product among common end users such as smaller industries and new players in the market. Thus, high production cost of emulsifiers and rise in price of new machines hinder the growth of the market. On the contrast, nanoemulsions have potential benefits over traditional emulsions such as their enhanced bioavailability and enhanced physical stability. In addition, sustainable technology is favored in the production of products employing more natural and organic products. Nonetheless, there are some of administrative aspects regarding extension of ingredients, which hinder the growth of the nanoemulsion market forecast.
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Key players operating in the global nanoemulsions market include Keystone Foods, Frutarom Group, WILD Flavors and Specialty Ingredients, Nestle S.A., The Kraft Heinz Company, AQUANOVA AG, Jamba, Unilever Group, Shemen Industries Ltd and DuPont. To gain a significant market share in the global nanoemulsions market, the key players are now focusing on adopting strategies such as product innovations, mergers & acquisitions, recent developments, joint ventures, collaborations, and partnerships.
- Strategic collaborations and alliances between market players are anticipated to generate high growth opportunities in the market. For instance, in January 2019, NutraFuels, Inc. and Pressure BioSciences, Inc. announced a collaboration on the advancement of nanoemulsion-based nutraceuticals, water-soluble, and other emulsion-based products, such as cosmetics.
Small-molecule surfactants segment dominated the market and held the largest market share of 36.53% in the year 2019
The type segment includes small-molecule surfactant, protein-stabilized emulsions and polysaccharide. Small-molecule surfactants segment held the largest market share of 36.53% in the year 2019. Opportunities lie in decreasing the cost of machinery used in the composition of nanoemulsions and creating more transparent and compact designs. Local producers can afford installation and the technology if the cost of the technology decreases, and it will develop the market from the domestic level. Competitors are also focusing on new food-grade components, which will give many more advantages and will witness beneficial to the food.
The bakery segment dominated the market and valued at USD 847.78 million in the year 2019
The application segment includes beverage, dairy and bakery. The bakery segment dominated the market and valued at USD 847.78 million in the year 2019. A rise in the demand of nanoemulsions in the food industry, due to their optical transparency, stability, and diffusion properties boosts the growth of the market. It is extensively used for food preservation, food safety, flavor encapsulation, and to maintain food quality, which further promotes the requirement in the food industry. The process of nano emulsifying a food item incurs a huge cost. Hence, decreasing the cost of the procedure will be accepted broadly by the local producers. Nanoemulsions have potential benefits over traditional emulsions, such as enhanced bioavailability and physical stability.
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Regional Segment Analysis of the Nanoemulsions market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan India, Rest of APAC)
- South America (Brazil and Rest of South America)
- Middle East and Africa (UAE, South Africa, Rest of MEA)
On the basis of geography, the global nanoemulsions market is classified into North America, Europe, South America, Asia Pacific, and Middle East and Africa. North America is expected to show the largest share in the nanoemulsions over the forecast period. It is due to the increase in demand from the nanoemulsion industry. Essential macroeconomic factors such as a rise in per-capita income and an increase in internet penetration rate also play a crucial role in the overall growth of the nanoemulsion market.
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About the report:
The global nanoemulsions market is analyzed on the basis of value (USD Billion). All the segments have been analyzed on global, regional and country basis. The study includes an analysis of more than 30 countries for each segment. The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The study includes porter's five forces model, attractiveness analysis, raw material analysis, and competitor position grid analysis.
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