The purpose of the report is to illustrate the state of the market of Specialty Fats and Oils, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Nanoemusions are sub-micron sized emulsions that act as drug carriers to improve the therapeutic effect and delivery of the drug. Nanoemulsions are of three types O/W nanoemulsion, W/O nanoemulsion, and Bi-continuous nanoemulsion. In pharmaceutical industries nanoemulsions have exhibited huge potential with its transparency at high droplet volume fraction, improved diffusion or bioavailability and enhances shelf life of drugs. There are wide applications of nanoemulsion such as antimicrobials, mucosal vaccines, non-toxic disinfectant cleaner, cell culture technology, vehicle for transdermal delivery, osteoarthritis treatment, and targeted drug delivery in cancer. The advantages possessed by nanoemulsion formulations are delivery of therapeutic or diagnostic agents, controlled drug release, high solubility of drug, improved bioavailability, and decrease in patient variability. Thus, ongoing research in the field of nanoemulsions is expected to assist the growth of overall nanoemulsion market in the near future.
The nanoemulsion market is segmented on the basis of route of administration and application. The routes of administration covered in this report comprise topical, ocular, intravenous, intranasal, and oral delivery. The applications of nanoemulsion are antimicrobial, cosmetic, oncology, prophylactic in bioterrorism, mucosal vaccines, cell culture technology, non-toxic disinfectants, gene delivery vector, and drug delivery route enhancement.
In 2017, topical and intravenous collectively accounted around 50% of the global share in nanoemulsion market due to factors such as enhancement in drug delivery, and rapid absorption in systemic circulation. Nanoemulsion provides major advantages in the formulation of hydrophobic molecules by enhancing their solubility and further resulting in improved bioavailability. Estranob (oestradiol hemihydrate) manufactured by Novavax Inc. contains oestradiol hemihydrate in a nanoemulsion comprising soybean oil, polysorbate 80, water, and ethanol, used in management of vasomotor indications related to menopause. Thus, nanoemulsion based topical & intravenous route of drug delivery dominated the market and these segments are expected to maintain their dominance throughout the forecast period.
North America was observed as the largest nanoemulsion market due to key factors such as rising demand for enhanced drug delivery technologies, incessant development in nanotechnology, high awareness related to early disease diagnosis. Technologically North America evolves rapidly and easy access towards latest treatment makes it largest market globally. In March 2018, Therapeutics Solutions International, Inc., based in the U.S successfully produced a stable nanoemulsion of pterostilbene from ingredients Generally Regarded as Safe (GRAS). This nanoemulsion, which is a form of pterostilbene containing nanoparticles used in cancer immunotherapy and the brand name of this product is ProJuvenol. Thus, technological development in the field of nanoemulsions is significantly growing in North America. During the forecast period 2018 to 2026, Asia Pacific is expected to grow at a significant rate due rising demand for effective drug formulations, developing healthcare infrastructure, and increasing awareness related to disease diagnosis & treatment.
Market Competition Assessment:
The nanoemulsion market is one of the fastest growing pharmaceutical formulation technology market with presence several established and upcoming players. The key players operating in this market are AbbVie Inc., Allergan plc, AstraZeneca plc, Fresenius Kabi AG, Kaken Pharmaceutical Co., Ltd., Covaris, Inc., NanoBio Corporation, Novartis AG, GlaxoSmithKline plc, and Sanofi S.A. among others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Specialty Fats and Oils buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Nanoemulsion contains:
Analysis and forecast of Specialty Fats and Oils market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Specialty Fats and Oils market;
Assessment and forecast of Specialty Fats and Oils market development;
Financial and business profiles of the leading companies in the Specialty Fats and Oils industry.
– Up to date working Specialty Fats and Oils data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Specialty Fats and Oils for the period 2018 to 2026
– Planned Specialty Fats and Oils additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Specialty Fats and Oils projects by region, key countries, and companies
– Details of major planned Specialty Fats and Oils projects in the world up to 2026
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