The nisin market is anticipated to be worth USD83.2 million in 2022 and to increase at a CAGR of 7.3% during the following five years (2022–2032). By 2032, total nisin sales are anticipated to surpass a market valuation of USD 164.7 Million. The need for nisin is being driven by expanding uses in the baking, dairy, and food and beverage industries.
Growing inclination toward natural food preservatives and rising demand for packaged, pre-processed, and frozen foods are key factors propelling the global nisin market forward. Nisin has become an ideal natural food additive used for preventing microbial growth and expanding shelf life of products. Thus, it eliminates the need for heat sterilization of packaged food products before preserving them.
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With growing concerns about the negative health effects of chemical preservatives, consumers are shifting their preference towards natural ones like nisin. This will act as a catalyst triggering the growth of the nisin market.
Similarly, growing popularity of canned food products and increasing usage for preserving dairy items, meat, pharmaceuticals, beverages, bakery, etc, will boost sales of nisin during the forecast period.
Nisin is an excellent preservative for temperature-sensitive foods such as dairy and frozen foods because it eliminates the need for heat sterilization. As a result, nisin, as a highly effective and completely safe natural preservative, is in high demand across a wide range of food product industries.
Key Takeaways from Nisin Market
- Based on type, the powder segment is likely to hold a substantial share of the global nisin market by the end of 2032.
- By application, meat segment is expected to grow at a higher CAGR during the forecast period.
- The U.S. currently holds around 38.5% of the global nisin market and it is poised to exhibit moderate growth during the next ten years.
- Germany holds around 6.1% share of the global nisin market.
- China’s nisin market is expected to grow at 10.4% CAGR during the forecast period between 2022 and 2032.
Who is Winning?
DSM, Galactic, Shandong Freda Biotechnology, Siveele B.V., DuPont, Handary S.A., Cayman Chemical, Cayman Chemicals, Chihon Biotechnology, Amtech Biotech, Zhejiang Silver-Elephant Bioengineering, Mayasan Biotech are expected to be the top players operating in this market space.
For instance,
- In 2021, DuPont Nutrition & Biosciences launched NovaGARD® NR 100-G, a synergistic blend of two natural ingredients i.e., nisin and rosemary, in the Middle East and Africa. The new antimicrobial and antioxidant solution is effective against gram-positive bacteria and spores and therefore will help end users protect the quality of their products.
- In January 2022, DSM launched a new integrated Food & Beverage business group to provide a full range of taste, texture, and health solutions to several end users.
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Nisin Industry Segmentation by Category
By Type:
- Powder
- Liquid
By Application:
- Meat
- Beverage
- Bakery Product
- Canned Product
- Dairy Product
By Distribution Channel:
- Online
- Offline
By Region:
- North America
- Latin America
- Asia Pacific
- Eastern Europe
- Western Europe
- Japan
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