Nisin market size, share & industry analysis, By Application (Food & Beverage [Meat & Poultry Products, Dairy Products, Beverages, Bakery, Canned Products, Others] Pharmaceuticals, Cosmetics & Personal Care)and regional Forecast, 2024-2032

Nisinis a polycyclic antibacterial peptide that is produced by Lactococcuslactis bacteria and is commonly used as a natural preservative in processed foods.Nisin prevents the food spoilage and hinders the microbial growth in the food products; thereby increasing its shelf life. The demand for nisin has significantly increased owing to the consumers’ inclination towards natural preservatives. Further, the wide incorporation of nisin in pharmaceutical and cosmetic products as a preservative has fuelled its market growth.

The rise in awareness among the consumers about natural food preservatives due to their lesser impact on health is a crucial factor driving the nisin market. Owing to the aforementioned factor, the food manufacturers are incorporating bio-preservative and antioxidant solutions that extend the shelf life of the products without affecting its taste or texture.

The health concerns among consumers have grown and hence, they are always seeking convenient foods that remain fresh for a longer period. Along with this, the alcohol consumption has witnessed an upwards trend in recent years and utilization of nisin in the alcoholic beverages eliminates up to 90% of the spoilage. This has further contributed in its market growth.

The wide availability of chemically synthesized food preservatives that are cheaper than nisin and have high stability at neutral and alkaline pH conditions is impeding its market growth.

Key Players Covered:

• Koninklijke DSM NV


• GALACTIC SA/NV


• DuPont de Nemours, Inc.


• Siveele B.V.


• Cayman Chemical Company, Inc.


• Chihon Biotechnology Co. Ltd


• Santa Cruz Biotechnology, Inc


• Merck KGaA


• Shandong Freda Biotechnology Co., Ltd


• Mayasan Biotech.

SEGMENTATION

The food and beverage segment accounted for holding the largest share in the global nisin market owing to its wide utilization as a food preservative since time immemorial. The meat and poultry products segment is holding the major share in the food and beverage sector due to the increase in consumption of meat and poultry products. Moreover, in the year 2017, the global meat consumption increased by 1.9 % according to OECD. Thus, the growing meat consumption would support the growth of food & beverage segment.

Regional Analysis:

North America is expected to foresee a robust growth in the nisin market owing to the consumers increased demand for natural preservatives. Further, the rise in working population and increase in consumption of canned and ready-to-eat/cook foods has supported its regional market growth.

Europe is anticipated to observe significant growth in the market as it is one of the highest per capita alcohol consuming region. Along with this, in December 2017, the EFSA has allowed the utilization of nisin in unripened cheese and heat-treated meat products. This has given a boost to its sales performance in the region.

Asia Pacific region is projected to witness substantial growth in the market due to the rapid increase in the per capita consumption of meat and meat products. This is further supported by the rise in the regional population. In addition, the growing health concerns among the consumers have led them to shift their preferences towards natural preservatives.; thus, propelling its market growth in the region.

NISIN MARKET SEGMENTATION ANALYSIS

Key Industry Developments

• In January 2016, University of Michigan study found that nisin is an effective food preservative that can fight infections and mastitis in dairy cows as well as can fight deadly antibiotic resistant bacteria MRSA. Such new scientific innovations have paved new ways for nisin as it can also be used in medicine and vaccine preparations; thereby aiding its market performance.