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Nisin Market Size to Grow at a CAGR of 5.4% in the Forecast Period of 2024-2032

12-07-2023 05:25 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Expert Market Research

Nisin Market Size to Grow at a CAGR of 5.4% in the Forecast Period

According to a new report by Expert Market Research titled, "Global Nisin Market Share, Size, Report and Forecast 2024-2032″, the global nisin market size reached a value of USD 351.27 million in 2023. Aided by the growing demand for food preservatives for ready-to-eat and processed foods, the market is projected to further grow at a CAGR of 5.4% between 2024 and 2032.

Nisin is a polycyclic peptide antibacterial, hailing from the lantibiotic class, which exhibits antimicrobial properties. Produced naturally by the bacterium Lactococcus lactis, nisin has strengthened its position as a pivotal food preservative. Its robust antimicrobial potential ensures that it effectively fights several foodborne pathogens and spoilage organisms, extending the shelf life of a various food products. Furthermore, its GRAS (Generally Recognised as Safe) status by the FDA and its approval by the World Health Organisation (WHO) witnesses its safety profile.

One of the major drivers bolstering the nisin market growth is the rising shift towards natural food preservatives, replacing synthetic variants. With a rise in health consciousness among consumers worldwide and a simultaneous desire for clean-label products, nisin's popularity is growing. Its effectiveness against a spectrum of Gram-positive bacteria, without inducing any alterations in taste, colour, or pH of the products, makes it a favoured choice among food processors.

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The expansion of the food industry contributes to the nisin market demand. Beyond its principal role in food preservation, nisin is progressively being acknowledged in medical and healthcare sectors. Its antimicrobial properties enhance its demand for dental care products. It is capable of fighting against tooth decay and plaque formation. In the pharmaceutical sector, ongoing research points towards nisin's potential in combating antibiotic-resistant bacteria, further enhancing its potential applications.

One of the significant nisin market trends is the burgeoning beverages sector and the demand for flavoured and innovative drinks. As beverages, particularly juices and ready-to-drink teas, demand natural preservation solutions, the use of nisin is growing. Its efficacy in preventing spoilage and maintaining the integrity of beverages contributes to the growing demand from the sector.

The nisin market analysis also highlights its growing use in dairy and meat products. Given its ability in averting spoilage, it seamlessly fits into the production processes of these sectors. Cheeses, particularly the heat-treated ones, benefit immensely from nisin's addition, ensuring an extended shelf life without compromising on quality. Similarly, processed meats find nisin extremely helpful as it also enhances their longevity and safety.

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Market Segmentation

The market can be divided based on form, end use, and region.

Market Breakup by Form

• Powder
• Liquid

Market Breakup by End Use

• Beverages
• Bakery
• Confectionery
• Meat, Poultry, and Seafood
• Dairy Products
• Ready Meals, Soups, and Noodles
• Snacks
• Others

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global nisin market. Some of the major players explored in the report by Expert Market Research are as follows:

• International Flavors & Fragrances Inc.
• Zhejiang Silver-Elephant Bioengineering Co., Ltd.
• Shandong Freda Biotechnology Co., Ltd.
• Handary S.A.
• Galactic SA/NV
• Koninklijke DSM N.V.
• Siveele B.V.
• Others

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Company Name: Claight Corporation
Contact Person: John Walker, Corporate Sales Specialist - U.S.A.
Toll Free Number: +1-415-325-5166 | +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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