Press Release

Global Nisin Market to Grow at a CAGR of 5.4% During 2024-2032, Aided by the Increasing Demand for Ready-To-Eat Food

Global Nisin Market

According to a new report by EMR titled, ‘Global Nisin Market Report and Forecast 2024-2032’, the market is projected to reach about USD 351.27 million in 2023. The market is expected to grow at a CAGR of 5.4% in the forecast period of 2024-2032.

Nisin is an antibacterial peptide used as a food preservative, produced by the bacterium Lactococcus lactis. It is commonly used in the food and beverage sector to prevent spoilage by inhibiting harmful microbes, due to its heat-resistant properties. Nisin's ability to withstand high temperatures makes it ideal for thermal food processing, protecting against spoilage. The growing demand for ready-to-eat and processed foods is driving the nisin market, as consumers seek convenience.

 

The regulatory bodies like FDA, FSSAI, and WHO recognizes nisin as a ‘’food preservative’’ that is safe and quickly digestible by humans, as it leaves no residue in the body. It is used in more than 50 countries around the globe. With changing food habits and growing shift towards packaged foods, its use to extend shelf life of various products is expected to increase in the coming years.

 

With increased awareness of the health risks of chemical preservatives, manufacturers are incorporating natural preservatives like nisin into various products. The expanding alcohol industry, influenced by a large population of young consumers, also contributes to the market growth.

 

Further, with growing population, the consumption of ready-to-eat products is expected to continue to grow, thereby accelerating the use of nisin. According to the United Nations, the global population is projected to grow from 8.2 billion in 2024 to about 10.3 billion by the mid-2080s.

 

Global Population Predction, in Billion, in 2024 and 2080s

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Market Breakup by Form, End Use, and Region:

  • Based on form, the market is divided into powder and liquid.
  • The market by end use is segmented into beverages, bakery, confectionery, meat, poultry and seafood, dairy products, ready meals, soups and noodles, snacks, and others.
  • Region-wise, the market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Key Findings of the Report:

  • The nisin market is expanding due to increasing demand for ready-to-eat and processed foods. As consumers prefer convenience and healthier options, the use of natural preservatives like nisin is on the rise.
  • With growing awareness of the health risks associated with chemical preservatives, there is a trend among manufacturers to incorporate natural alternatives like nisin into food and beverage products.
  • The increasing global population, coupled with rising disposable incomes and busy lifestyles is expected to boost the consumption of packaged food and beverage products in the coming years.

 

Key Offerings of the Report:

  • The EMR report gives an overview of the global nisin market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the form, end use, and major regions of the market.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

 

The major players in the global nisin market are International Flavors & Fragrances Inc., Zhejiang Silver-Elephant Bioengineering Co., Ltd., Shandong Freda Biotechnology Co., Ltd., Handary S.A., Koninklijke DSM N.V., Galactic SA/NV, CHIHONBIO Co., Ltd., and Siveele B.V., amongst others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Form
  • End Use
  • Region
Breakup by Form
  • Powder
  • Liquid
Breakup by End Use
  • Beverages
  • Bakery
  • Confectionery
  • Meat, Poultry & Seafood
  • Dairy Products
  • Ready Meals, Soups & Noodles
  • Snacks
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific 
  • Latin America
  • Middle East and Africa
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • International Flavors & Fragrances Inc.
  • Zhejiang Silver-Elephant Bioengineering Co., Ltd.
  • Shandong Freda Biotechnology Co., Ltd.
  • Handary S.A.
  • Koninklijke DSM N.V.
  • Galactic SA/NV
  • CHIHONBIO Co., Ltd.
  • Siveele B.V.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

 

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