May 14, 2024
Nisin Market

Nisin Market Is Expected To Be Flourished By Growing Demand For Natural Food Preservatives

The Nisin market has witnessed substantial growth in recent years on account of its increasing application as a natural food preservative. Nisin is a polycyclic antibacterial peptide produced by certain strains of Lactococcus lactis that is used as a natural preservative in various food products such as dairy, meat, beverages, and other foods to prevent spoilage and extend shelf-life. It has gained immense popularity among food producers and consumers as an alternative to chemical preservatives due to the rising health-consciousness. Nisin inhibits foodborne pathogens like Listeria monocytogenes and prevents the outgrowth of Clostridium botulinum spores, thus ensuring food safety. It has demonstrated effectiveness against both Gram-positive and Gram-negative bacteria at very low concentrations and is heat stable as well.

The global Nisin Market is estimated to be valued at US$ 176.72 Bn in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024-2031, as highlighted in a new report published by Coherent Market Insights.

Market Dynamics:

Growing demand for natural food preservatives: The increasing consumer preference for natural and clean label products without artificial preservatives and additives is driving the demand for natural antimicrobials like Nisin. According to data from Coherent Market Insights, around 65%-85% of global food consumers pay attention to the ingredients listed on food labels and avoid products with chemical preservatives. The growing health-consciousness has compelled food manufacturers to look for natural alternatives which is propelling the Nisin market.

Regulations promoting the use of nisin: Various regulatory bodies and organizations have recognized nisin as a safe food preservative. For instance, The Food and Drug Administration (FDA) in the US, the World Health Organization (WHO), and the European Union’s European Food Safety Authority (EFSA) have all approved nisin for use in food. The approvals have encouraged food producers worldwide to use nisin instead of chemical preservatives, thereby fueling the market growth.

Segment Analysis

Nisin market is bifurcated into application and end user. Meat products dominates the overall market and accounts for over 30% share. Nisin is widely used as preservative in meat products such as cured meat, meat analogues, and ready-to-eat meals. Its distinct antibacterial property inhibits the growth of Clostridium botulinum, making it ideal for meat preservation.

PEST Analysis

Political: Regulatory bodies such as FDA and EFSA regulate use of food preservatives. Any changes in regulations can impact market dynamics.
Economic: Fluctuations in global meat production and consumption patterns influence demand for food preservatives like nisin.
Social: Changing consumer preference for natural and clean label products fuels adoption of nisin as it is natural antibacterial agent.
Technological: Advances in fermentation and extraction technologies help lower production costs and increase yields, supporting market growth.

Key Takeaways

The global Nisin Market Growth is expected to witness high growth. The global Nisin Market is estimated to be valued at US$ 176.72 Bn in 2024 and is expected to exhibit a CAGR of 5.5% over the forecast period 2024-2031.

North America dominates global nisin market led by the US and Canada. Excellent food safety regulations and robust meat processing industry in the region drive demand.

Key players related content comprises Key players related content: Key players operating in the Nisin market are Danisco, Royal DSM, Du Pont, SDM, Galactic, Chihon Biotechnology, and Mayasan Biotech.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it