Key Developments
Product developments and launches by companies operating in the market are expected to drive demand for nanoemulsion in the near future. In August 2019, Pressure BioSciences, Inc. announced that they had received two purchase orders for the company’s BaroShear K45 Processing System, a nanoemulsification system for CBD related issues, which is to be commercially launch on 30th September 2019.
Continuous research and development activities are expected to generate demand for nanoemulsions in the pharmaceutical industry. In June 2019, a team of engineers from the MIT announced that they are developing a method of converting liquid nanoemulsions into solid gels.
Moreover, strategic collaborations and partnerships between market players are also expected to create high growth opportunities in the market. For instance, in January 2019, NutraFuels, Inc. and Pressure BioSciences, Inc. announced a collaboration on the development of water-soluble, nanoemulsion-based nutraceuticals, and other emulsion-based products, such as cosmetics.
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