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Nisin Market Highlights Growth Prospects and Future Opportunities till 2026

May 2nd 2019 at 3:07 AM

The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Nisin Market Highlights Growth Prospects and Future Opportunities till 2026”. The fact-based research report on the global Nisin market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and expansion of the global market. All these factors are analyzed across key regions of Latin America, North America, Europe, Middle and Africa (MEA) and the Asia Pacific. In order to provide an accurate forecast, analysts have presented the current market, which forms the basis of how the metal caps and closures market is expected to develop in the future.

The preservation of food has always been an important factor for the food industry, and has been in practice since ages. Increasing trade of food products across the globe has led to the increasing demand for food preservatives, thus supporting the growth of bio preservatives. Bio preservatives such as bacteriocins are used to inhibit the growth of harmful microbes in a wide variety of food and beverage products.

The global nisin market is, however, currently restrained by precised production; as the production process of nisin is highly sensitive and requires a lot of precision. If, by chance, there is any imbalance in the lactate concentration beyond a standard level, and a decrease in the pH level, it can drastically affect the final end product, which is expected to be a significant restraining factor for the growth of the nisin market over the forecast period.

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Revenue generated from nisin market is estimated to be valued at roughly US$ 320.6 Mn by the end of 2018 and is expected to increase at a CAGR of 4.2% over the forecast period. Global nisin market are expected to be valued at approximately US$ 445.6 Mn by the end of 2026.

The demand for clean label food has been witnessing substantial growth, globally, in the past few years. Increasing consumer awareness regarding the health benefits of products containing natural ingredients and strong support from multinational ingredient manufacturing companies for the development of such products are key factors driving the demand for clean label ingredients, such as those produced without the use of any additives, chemicals, and artificial ingredients, and minimally produced. Moreover, consumers are currently more informed regarding the benefits of using natural ingredients through various social media platforms. The popularity of synthetic preservatives is dramatically falling in the recent past. Consumer dissatisfaction with regards to synthetic additives available in the market is prompting food manufacturers towards developing food products with natural preservatives, by replacing preservatives such as benzoates and sorbets with clean label solutions, hence supporting the growth of the nisin market.

Key Segments Covered

Form

End Use

Region

By form, the nisin market is segmented into powder and liquid. The powder segment is likely to be the most attractive segment in the forecast. The powder segment is estimated to account for a significant revenue share of 97.9% in 2018 and is expected to reach 97.7% by 2026. On the basis of end use, the nisin market can be segmented into food & beverages, pharmaceutical, animal feed & pet food and others. The food & beverages segment is further sub segmented into beverages, bakery, confectionary, meat, poultry & seafood, dairy products, ready meals, soups & noodles, snacks and others. The food & beverages segment is estimated to account for a significant revenue share of 90.2% in 2018 and is expected to register moderate growth rate during the forecast period.

The report includes market share of each segment according to the region with analysis towards market trends respectively. A section of the report highlights nisin demand. It also provides a market outlook for 2018–2026 and sets the forecast within the context of the nisin ecosystem, including the new product developments as well as product offerings in the global nisin market. This study discusses key trends contributing to growth of the global nisin market, as well as analyses the degree to which drivers are influencing the global market.

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In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the nisin space. Key players in the global nisin market includes Koninklijke DSM NV, E. I. du Pont de Nemours and Company (Danisco A/S), Merck KGaA, Siveele B.V., Santa Cruz Biotechnology, Inc., Galactic S.A., Handary S.A. , Shandong Freda Biotechnology Co., Ltd, MAYASAN Food Industries A.S., Cayman Chemical Company, Inc., and Chihon Biotechnology Co., Ltd. among others.

In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global nisin market.

Key Regions/Countries Covered

U.S.

Canada

Europe

APAC

Australia & New Zealand

MEA

Latin America

Brazil

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