Global Nisin Market By Application Overview
Nisin Market accounted for USD 427.40 Million in 2020 and is estimated to be USD 722.53 Million by 2030 and is anticipated to register a CAGR of 5.30%.
Nisin is a polycyclic antibacterial peptide produced by bacterium Lactococcus lactis which is used as a food preservative. It consists of 34 amino acid residues along with some uncommon amino acids such as lanthionine (Lan), methyllanthionine (MeLan), didehydroalanine (Dha), and didehydroaminobutyric acid (Dhb). It has a broad-spectrum antibacterial activity, against bacteria that can spoil the food. Nisin is a fermented food product produced from a food-grade bacterium. The efficacy and safety of nisin as a food preservative has led to its widespread usage across the globe. Nisin is a member of lantibiotics, which is a class of antimicrobial substances. It is most stable in acid conditions and soluble in aqueous environments. Nisin is used in wide range of food products alone or in combination with other preservatives.
Global Nisin Market By Application Drivers & Restraints
Rising popularity of active packaging of food products is a major factor expected to drive growth of the nisin market. In addition, increasing usage of nisin in food and beverage industry, especially in canned fruits and vegetables, and meat application areas is another factor expected to drive growth of the global market. Furthermore, nisin protects the food from spoilage, increases lifespan of food products without any changing taste, and easy to use are some characteristics which fuels demand for nisin across the globe.
The Food and Agriculture Organization and World Health Organization Expert Committee on Food Additives approved the usage of nisin as an antimicrobial agent for food in 1969. Moreover, nisin is also used as adjunct in various food processing technologies such as high pressure sterilization. Electroporation which is another factor boosting the nisin market growth. However, a high cost associated with production of nisin as compared to other synthetic preservatives is a major factor expected to hamper growth of the global market. In addition, the end product is extremely affected in cases where there is rise in lactate concentration beyond a standard level and decrease in pH occurs.
Global Nisin Market By Application Segmentations & Regional Insights
Nisin market is segmented into application and region. Based on the application, the target market is sub-divided into meat & seafood, dairy products, beverages, bakery products, canned vegetable, and others.
Regional Insights:
On the basis of region, the nisin market is bifurcated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominates the global market in terms of revenue over the forecast period, due to rising awareness about the benefits of using natural preservatives, and increasing demand for ready-to-eat foods in the region. The market in Europe expected to account for second-highest share in the market in terms of revenue over the forecast period, due to presence of key players and increasing consumption of meat based products in the region. The market in Asia Pacific is expected to show a significant growth, owing to increasing awareness among individuals coupled with growth in the dairy and meat industry in the region.
Global Nisin Market By Application Competitive Landscape & Key Players
- Danisco A/S
- Amtech Biotech Co., Ltd
- Chihon Biotechnology Co., Ltd.
- Cayman Chemical
- Royal DSM N.V.
- Galactic
- Handary S.A.
- Sivelee B.V.
- Shandong Freda Biotechnology Co.
- Zhejiang Silver-Elephant Bio-engineering Co. Ltd.
FAQs
Nisin market is segmented into application and region.
The rising popularity of the active packaging of food products is a major factor expected to drive the growth of the global nisin market.
North America dominates the global market in terms of revenue over the forecast period, due to rising awareness about the benefits of using natural preservatives, and increasing demand for ready-to-eat foods in the region.
The prominent key operating in the global market have adopted key strategies such as collaborations, mergers, acquisitions, and partnerships to strengthen their market outreach and sustain the stiff competition in the market. For instance, in January 2017, Galatic S.A. partnered with Azelis to leverage the dedicated distribution channel of the latter in BENELUX.