Nisin Market AnalysisNisin Market Analysis The nisin market is projected to reach a value of USD 83.2 million in 2022, with an anticipated growth rate of 7.3% over the next decade. By 2032, the market is expected to reach USD 164.7 million. Market Drivers * Rising demand for natural preservatives * Increasing consumption of packaged, pre-processed, and frozen foods * Growing popularity of canned foods * Effectiveness in preserving dairy, meat, and other temperature-sensitive foods Key Insights * Powder segment holds a significant share in the type category. * Meat segment to witness substantial growth in application. * US holds the largest market share (38.5%). * Germany and China are key markets with growth potential. Major Players * DSM * Galactic * Shandong Freda Biotechnology * Siveele BV * DuPont Examples of Innovations * DuPont’s NovaGARD® NR 100-G: A blend of nisin and rosemary for antimicrobial protection. * DSM’s launch of an integrated Food & Beverage business group to provide taste, texture, and health solutions. Segmentation By Type: * Liquid * Powder By Application: * Meat * Beverage * Bakery products * Canned products * Dairy products By Distribution Channel: * Direct sales * Distribution agents * Online platforms By Region: * North America * Latin America * Asia Pacific * Eastern Europe * Western Europe * Japan About Future Market Insights (FMI) FMI is a global market research firm that provides insights into various industry trends and markets. Its team of analysts offers expertise in packaging, food & beverage, consumer technology, healthcare, industrial, and chemicals markets.
The nisin market it is expected that it will be worth it USD83.2 million in 2022 and will increase by a CAGR of 7.3% over the next five years (2022–2032). By 2032, total nisin sales are expected to reach the market value of $164.7 millionThe demand for nisin is fueled by its increasing use in the bakery, dairy, and food and beverage industries.
The growing trend towards natural preservatives and the rising demand for packaged, pre-processed and frozen foods are major factors driving the global nisin market forward. Nisin has become an ideal natural food additive used to prevent microbial growth and extend the shelf life of products. Thus, it eliminates the need for heat sterilization of packaged foods before preservation.
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With the growing concern over the negative health effects of chemical preservatives, consumers are shifting their preference towards natural remedies such as nisin. This will act as a catalyst to fuel the growth of the nisin market.
Also, the growing popularity of canned foods and its increasing use for preserving dairy products, meat, pharmaceuticals, beverages, bakery products, etc. will boost the sales of nisin during the forecast period.
Nisin is an excellent preservative for temperature-sensitive foods such as dairy and frozen foods, as it eliminates the need for heat sterilization. As a result, nisin is highly sought after in a wide range of food industries as a highly effective and completely safe natural preservative.
Key Insights from the Nisin Market
- Based on type, the powder segment is expected to account for a significant share of the global nisin market by the end of 2032.
- The meat segment is expected to grow at a higher CAGR in terms of application during the forecast period.
- The US currently holds about 38.5% of the global nisin market and is expected to experience moderate growth over the next decade.
- Germany has a share of approximately 6.1% in the global nisin market.
- The China nisin market is expected to grow at a CAGR of 10.4% during the forecast period between 2022 and 2032.
Who wins?
DSM, Galactic, Shandong Freda Biotechnology, Siveele BV, DuPont, Handary SA, Cayman Chemical, Cayman Chemicals, Chihon Biotechnology, Amtech Biotech, Zhejiang Silver-Elephant Bioengineering and Mayasan Biotech are expected to be the major players in this market.
For example,
- In 2021, DuPont Nutrition & Biosciences launched NovaGARD® NR 100-G, a synergistic blend of two natural ingredients, nisin and rosemary, in the Middle East and Africa. The new antimicrobial and antioxidant solution is effective against Gram-positive bacteria and spores and will therefore help end users protect the quality of their products.
- In January 2022, DSM launched a new, integrated Food & Beverage business group to offer a full range of taste, texture and health solutions to diverse end users.
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Nisin Industry Segmentation by Category
By type:
On request:
- Meat
- Drink
- Bakery product
- Canned product
- Dairy product
Via distribution channel:
Per region:
- North America
- Latin America
- Asia Pacific
- Eastern Europe
- Western Europe
- Japan
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award recipient, and member of the Greater New York Chamber of Commerce) provides deep insights into the drivers that are driving demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food & Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a large team of more than 400 analysts worldwide, FMI offers global, regional, and local expertise across a variety of domains and industry trends in more than 110 countries.
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