Press release
Nisin Market Industry Statistics and Growth Trends Analysis Forecast 2023 - 2032
The global nisin market size was valued at $317.9 million in 2020, and is expected to garner $638.1 million by 2030, registering a CAGR of 7.3% from 2021 to 2030.A special bacteriocin known as nisin has been approved for use as a safe food preservative by a number of regulatory organisations, including the World Health Organisation (WHO), the US Food and Drug Administration (FDA), and the European Union (E234). More than 50 nations use nisin as a useful food preservative. Because of nisin's rising use and appeal in the food and beverage sector, the market for this substance is expected to expand significantly over the next years.
Nisin has a number of well-established applications, including use as a preservative in processed cheese, different pasteurised dairy products, and canned vegetables. Recent applications for nisin include its usage as a preservative in pasteurised liquid eggs as well as high moisture and hot baked flour goods. The manufacturing of natural cheese has seen renewed interest due to the use of nisin. Such a wide range of applications in the food and beverage sector are probably going to support the nisin market's strong expansion over the coming years.
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An in-depth analysis of the market has been captured in a study by Analytics Market Research on the worldwide nisin market. The study aids in the development of careful and successful plans by providing useful insight for those involved in the nisin market. According to the report, the worldwide nisin market is anticipated to expand at a respectable rate of 5% CAGR from 2019 to 2028. By 2028, the market is predicted to reach a valuation of US$ 490 million.
Growing Application in the Pharmaceutical to Spell Growth for the Market
It is being used more and more in the pharmaceutical industry in addition to the food and beverage sector. The demand for nisin in the pharmaceutical business is probably going to increase due to its use as a natural medicinal and preservative. Growing pharmaceutical sector use is projected to support the worldwide nisin market's growth.
Market Segmentation:
The nisin market refers to the market for a natural antimicrobial peptide that is produced by certain strains of bacteria. Nisin is commonly used as a food preservative, particularly in dairy products, as it helps to prevent the growth of harmful bacteria and extend the shelf life of these products.
The global nisin market is segmented by type, application, and region:
By Type: The nisin market can be segmented into two types - nisin A and nisin Z. Nisin A is the more commonly used type, and is typically found in food preservatives. Nisin Z, on the other hand, is used in cosmetic products.
By Application: The nisin market can also be segmented by application. The most common applications for nisin include:
Food Preservation: Nisin is commonly used as a natural preservative in dairy products, meat products, and baked goods.
Beverages: Nisin is also used as a preservative in beverages such as fruit juices, soft drinks, and beer.
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Personal Care Products: Nisin is used in some personal care products, such as cosmetics and oral care products, due to its antimicrobial properties.
Pharmaceuticals: Nisin has also been explored as a potential therapeutic agent for a variety of medical conditions, including cancer and infections.
By Region: The global nisin market can be segmented by region, including North America, Europe, Asia Pacific, and the rest of the world. The Asia Pacific region is expected to be the fastest growing market for nisin, due to the increasing demand for natural preservatives in food and beverages, as well as the growing awareness about the benefits of using nisin in personal care products.
Competitive Landscape:
The global nisin market is highly competitive and fragmented, with several major players operating in the market. Some of the key players in the nisin market include:
Danisco A/S: Danisco A/S is a Danish food ingredients company and is one of the leading players in the nisin market. The company offers a range of nisin-based food preservatives under the brand name Nisaplin.
Royal DSM N.V.: Royal DSM N.V. is a Dutch multinational company that produces a range of food and nutritional ingredients, including nisin-based preservatives. The company's nisin products are sold under the brand name Delvo®Nis.
DuPont de Nemours, Inc.: DuPont de Nemours, Inc. is an American multinational company that offers a range of food ingredients, including nisin-based preservatives. The company's nisin products are sold under the brand name Nisaplin®.
Siveele B.V.: Siveele B.V. is a Dutch company that specializes in the production of natural food preservatives, including nisin. The company's nisin products are sold under the brand name Nisina®.
Shandong Freda Biotechnology Co., Ltd.: Shandong Freda Biotechnology Co., Ltd. is a Chinese company that produces a range of natural food preservatives, including nisin. The company's nisin products are sold under the brand name Lactosin®.
Other notable players in the nisin market include Chihon Biotechnology Co., Ltd., Sacco S.r.l., Mayasan Food Industries Inc., and Handary S.A.
These companies are focusing on expanding their product portfolios and increasing their market share through strategies such as product innovation, partnerships, and mergers and acquisitions. They are also investing in research and development to develop new and more efficient nisin-based products that can meet the evolving needs of customers.
Global Nisin Market: Regional Analysis
The countries covered in the regional analysis of the Global Nisin market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Nisin market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Nisin would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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