ID: MRFR/F-B & N/8892-HCR | February 2021 | Region: Global | 90 pages
Global Nisin Market size is expected to cross USD 560 Million by 2026 at a CAGR of 4.2% during the forecast period of 2020 to 2026. The presence of numerous market players and buyers globally makes the nisin market a perfect competition market with significant growth potential. The key industry players in the nisin market have adopted strategies such as geographical expansion, new product launch, acquisition, merger, joint venture & partnership to strengthen their business portfolio. Most of the companies operating in this market are focusing on expanding their operations across geographies, augmenting their capabilities, and investing in research and development to offer a variety of products.
Nisin is an antibacterial peptide produced by Lactococcus lactis bacteria and is used as a food preservative. The global nisin market is expected to register a notable growth rate during the forecast period owing to the surging demand for a natural preservative in the food & beverage industry. Additionally, rising consumer awareness regarding clean label products is also fueling the market growth of nisin across the globe. Rising awareness amongst consumers and manufacturers of food & beverages regarding the non-toxic properties of nisin over other natural preservatives is also contributing significantly to the sale of nisin.
The global nisin market is witnessing hurdles in its growth as food & beverage manufacturers are adopting preservation technologies over the use of preservation ingredients. Additionally, the complex and sensitive production process of nisin is also negatively impacting the growth of the market.
Surging Demand in Meat, Poultry, and Seafood Products
|Forecast Units||Value (USD Million)|
|Report Coverage||Revenue Forecast, Competitive Landscape, Growth Factors, and Trends|
|Segments Covered||Form and Application|
|Geographies Covered||North America, Europe, Asia-Pacific, and Rest of the World (RoW)|
|Key Vendors||DSM (Netherlands), Galactic (Belgium), DuPont (US), Shandong Freda Biotechnology (China), Siveele B.V. (Netherlands), Cayman Chemicals (US), Chihon Biotechnology (China), Handary S.A. (Belgium), Zhejiang Silver-Elephant Bioengineering (China), Mayasan Biotech (Turkey)|
|Key Market Opportunities||Rising awareness amongst consumers and manufacturers of food & beverages regarding the non-toxic properties of nisin over other natural preservatives|
|Key Market Drivers||