The forecast term is expected to see the worldwide nisin market grow at a CAGR of 5.1%. (2022 – 2028), 439 (USD Million) in 2020 and is predicted to gain revenue of about 1,038 (USD Million) by 2028,
The global nisin market was severely harmed by the COVID-19 outbreak. The demand for preservatives like nisin fell dramatically as a result of the closure of packaging food production facilities to stop the spread of the virus. However, during that time, demand for packaged goods increased, but supply could not keep up.
The supply chain of the international nisin market was also impacted by the restrictions on the flow of commodities and transportation services. Furthermore, the production rate of nisin itself was constrained by stringent laws governing the activities of laboratories. Additionally, the market was indirectly impacted by the tourist and hotel industry’s dismal performance. However, the market is already exhibiting signs of recovery swiftly following the removal of restriction measures, and it is anticipated that it will soon surpass the prior growth pace.
A polycyclic antimicrobial peptide called nisin is created when food-grade bacteria ferment. It is a food preservative that is used commercially. To prolong the shelf life of processed foods, nisin is frequently utilised, primarily in dairy, tinned, and meat goods.
Nisin is an anti-microbial preservative that some of the major players in the packaging industry, like Mondi Group (Austria), BioCote (UK), etc., are using as packaging ingredients in ready-to-eat products. These packaging materials, which are frequently referred to as “anti-microbial,” are a recent innovation called “Active Packaging.”
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Applications and geographical regions are used to segment the worldwide nisin market. The market is divided into categories for dairy products, meat, beverages, baked goods, canned goods, and other products according on their applications. The study analyses the nisin market in both established and emerging markets around the world, including those in North America, Europe, Asia-Pacific, South America, and the Middle East & Africa. For each of the aforementioned segments, the study provides market size and projections in US dollars million.
Critical Market Trends
A Growing Preference for Clean Label Products
The demand for clean label ingredients is primarily driven by growing consumer awareness of the health advantages of products made with natural components and steadfast support from multinational ingredient manufacturing businesses for the creation of such products. As a result, there is an increasing demand for natural food preservatives that help extend the shelf life of goods like nisin. Moreover, the use of nisin as a food preservative is favoured as customer purchasing habits are more and more influenced by the ingredients listed on the labels. Additionally, the specific bacteriocin nisin works to combat dental cavities. A significant driving force behind the expansion of the nisin market is probably the dearth of nisin alternatives available on the market.
Key players are focusing on expanding their market presence in the global food ingredients market through new product launches and geographic expansion in high-growth markets. Some of the major players in the nisin market globally include DSM N.V., SIVEELE B.V., DuPont, Shandong Freda Biotechnology Co. Ltd., Galactic, Chihon Biotechnology Co. Ltd., HANDARY S.A., Cayman Chemical, Mayasan Biotech, Amtech Biotech
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- North America
- The U.S.
- The UK
- Rest of Europe
- Asia Pacific
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa