Nisin Market was valued at US$ 411.6 Mn. in 2021. The Global Nisin Market size is estimated to grow at a CAGR of 6.8 % over the forecast period.
Nisin Market Overview:The report explores the Nisin market's segments (Type, Application, and Region). Data has been provided by market participants and regions (North America, Asia Pacific, Europe, Middle East & Africa, and South America). This market report provides a thorough analysis of the rapid advances that are currently taking place across all industry sectors. Facts and figures, illustrations, and presentations are used to provide key data analysis for the historical period from 2017 to 2021. The report investigates the Nisin market's drivers, limitations, prospects, and barriers. This MMR report includes investor recommendations based on a thorough examination of the Nisin market's contemporary competitive scenario. To know about the Research Methodology:- Request Free Sample Report
Nisin Market Dynamics:Nisin market growth is primarily driven by increasing demand for packaged, pre-processed, and frozen foods because people have a very busy schedule and are mostly working class. They tend to look for ready-to-eat and processed foods. As people’s disposable income rises and more people prefer these food products will create a good environment for market growth. The growing awareness of the harmful health effects of chemical preservatives is driving the growth of the market for natural preservatives. Nisin is a rare bacteriocin that is increasing in demand as canned foods increase in popularity. The issue related to the market growth of nisin is the production process. Since nisin is obtained naturally, its production process is sensitive, and the extraction process is slow and more expensive. The lack of controlled-release methods or packaging materials is also a hindrance to nisin's popularity as a preservative in the food industry. In addition, many food packaging industries opt to use preservative technology rather than preservative ingredients; this can also affect the market growth. Nisin has an advantageous nature due to its versatility, which is expected to lead key market players to increase the production of the product. With recent technological advancements and high demand for Nisin, production costs will decrease, resulting in higher profit margins, encouraging many new market players.
The Impact of COVID-19:During the period when the covid-19 outbreak caused lockdowns in major parts of the globe, the global nisin derivatives market suffered a significant impact. Individuals were kept at home due to lockdowns, and delivery issues led to people keeping canned goods in stock with longer shelf lives. As canned goods increased in demand during this period, Nisin products increased in demand.
Nisin Market Trends:In addition to increased consumer awareness of the benefits of natural ingredients, the demand for clean label ingredients is being driven by strong support from multinational ingredient manufacturers to develop such products. As a result, natural food preservatives that extend the shelf life of products like nisin are also becoming more popular. The ingredient list on the label of food products is increasingly driving consumers to purchase nisin as a food preservative. Additionally, nisin acts as a bacteriocin that helps prevent dental caries. The lack of alternatives for nisin is also expected to propel Nisin market growth across the globe.
Nisin Market Segment Analysis:Based on Type, the Nisin Market is segmented into Powder and Liquid. Powder type segment held the largest market share accounting for 69% in 2021. Nisin is most widely used in powder form, which is mainly due to its ease of mixing with food products and beverages during packaging. FDA regulates its use in pasteurized cheese to prevent toxin contamination. The certain regulatory authority for food additives allows their use in cereal, cheese, fruit juices, and meat products. During the forecast period, it is expected to be increasing demand and use of nisin powder due to its numerous applications. Based on the Application, the Nisin Market is segmented into Food and Beverages, Pharmaceuticals, and Animal Feed and Pet Food. Among the most popular applications of nisin-as, a preservative is a food and beverages segment. Due to their sensitive nature and bacterial attack potential, food and beverages generate large volumes of bactericidal preservative requirements. Since nisin does not require any thermal processing, it is an ideal preservative for cheese, butter, ice creams, etc.
Nisin Market Regional Insights:The North American region held the largest market share accounting for 36% in 2021. Due to the high demand for packaged and pre-prepared foods in this region, natural preservatives are increasingly important. The growing disposable income of the population and busy lifestyle has also indirectly contributed to the growth of the Nisin market in the region. Market growth in North America has been attributed to the high consumption of cheese in the United States. Europe held the second-largest market share with 24%. The rising demand for dairy products, frozen food, and canned foods will likely boost the market growth in this region. In addition, the high demand for natural and healthy preservatives are also driving regional growth. The Asia Pacific region is expected to witness significant growth in the forecast period. A rise in disposable income, a higher population, and an increasing awareness of natural preservatives are all factors promoting growth in this region. The objective of the report is to present a comprehensive analysis of the global Nisin Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear, futuristic view of the industry to the decision-makers. The reports also help in understanding the Nisin Market dynamic and structure by analyzing the market segments and projecting the Nisin Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Nisin Market make the report investor’s guide.
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Global Nisin Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 411.6 Mn. Forecast Period 2022 to 2029 CAGR: 6.8% Market Size in 2029: US $ 696.69 Mn. Segments Covered: by Type • Powder • Liquid by Application • Food and Beverages • Pharmaceuticals • Animal Feed and Pet Food
Nisin Market, by Region:• North America • Europe • Asia Pacific • Middle East and Africa • South America
Nisin Market Key Players:• Cayman Chemical Company • Chihon Biotechnology Co., Ltd. • Duke Thomson’s India Pvt. Ltd. • DuPont de Nemours, Inc. • Galactic • Royal DSM • Siveele B.V • Shandong Freda Biotechnology Co. Ltd. • Mayasan Biotech • Freda Biotechnology Co. Ltd. • Merck Group
Frequently Asked Questions:1. What is the study period of Nisin Market? Ans. The study period of this market is 2021-2029. 2. What is the growth rate of Nisin Market? Ans. The Nisin Market is growing at the CAGR of 6.8% over the next six years. 3. Which region has the highest growth rate in Nisin Market? Ans. Asia Pacific region has the highest growth rate in Nisin Market. 4. Which region has the largest share in Nisin Market? Ans. North America held the highest share in 2021. 5. What are the significant segments operating in the market? Ans. The significant segments are by Type, Application, and by Geography.
1. Global Nisin Market Size: Research Methodology 2. Global Nisin Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Nisin Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Nisin Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Global Nisin Market Size Segmentation 4.1. Global Nisin Market Size, by Type (2021-2029) • Powder • Liquid 4.2. Global Nisin Market Size, by Application (2021-2029) • Food and Beverage • Pharmaceuticals • Animal Feed and Pet Food 5. North America Nisin Market (2021-2029) 5.1. North America Nisin Market Size, by Type (2021-2029) • Powder • Liquid 5.2. North America Nisin Market Size by Application (2021-2029) • Food and Beverage • Pharmaceuticals • Animal Feed and Pet Food 5.3. North America Nisin Market, by Country (2021-2029) • United States • Canada • Mexico 6. European Nisin Market (2021-2029) 6.1. European Nisin Market, by Type (2021-2029) 6.2. European Nisin Market, by Application (2021-2029) 6.3. European Nisin Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Nisin Market (2021-2029) 7.1. Asia Pacific Nisin Market, by Type (2021-2029) 7.2. Asia Pacific Nisin Market, by Application (2021-2029) 7.3. Asia Pacific Nisin Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Nisin Market (2021-2029) 8.1. Middle East and Africa Nisin Market, by Type (2021-2029) 8.2. Middle East and Africa Nisin Market, by Application (2021-2029) 8.3. Middle East and Africa Nisin Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Nisin Market (2021-2029) 9.1. South America Nisin Market, by Type (2021-2029) 9.2. South America Nisin Market, by Application (2021-2029) 9.3. South America Nisin Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Cayman Chemical Company 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Chihon Biotechnology Co., Ltd. 10.3. Duke Thomson’s India Pvt. Ltd. 10.4. DuPont de Nemours, Inc 10.5. Galactic 10.6. Royal DSM 10.7. Siveele B.V 10.8. Shandong Freda Biotechnology Co. Ltd. 10.9. Mayasan Biotech 10.10. Freda Biotechnology Co. Ltd. 10.11. Merck Group