Market Size of Nisin Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.45 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Nisin Market Analysis
The global nisin market is projected to register a CAGR of 5.45% during the forecast period (2022 - 2027).
COVID-19 pandemic hurt the global nisin market badly. The closure of packaged food production units to curb the virus spread led to a drastic fall in demand for preservatives like nisin. However, the demand for packaged products rose during the period, but the demand could not be met with supply. The restrictions on the movement of goods and transportation services also disrupted the supply chain of the global nisin market. Moreover, strict regulations regarding the operations of laboratories hampered the production rate of nisin itself. Furthermore, the poor performance of the tourism and hospitality sector affected the market indirectly. However, the market is showing a quick recovery after the relaxation of restriction measures and is expected to surpass the earlier growth rate quickly.
Nisin is a polycyclic antibacterial peptide that is produced by the fermentation of food-grade bacteria. It is commercially used as a food preservative. Nisin is widely used in processed food, majorly in dairy products, canned food, and meat products, to increase the shelf life of the food products.
Some of the key players in the packaging industry, such as Mondi Group (Austria), BioCote (U.K.), etc., are incorporating anti-microbial preservatives like nisin as packaging ingredients in ready-to-eat products. These are often referred to as anti-microbial packaging materials and are part of recent technology 'Active Packaging.'
Nisin Industry Segmentation
The global nisin market is segmented by application and geography. On the basis of application, the market is segmented into meat, beverage, bakery product, canned product, dairy products, and others. On the basis of geography, the study provides an analysis of the nisin market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle-East & Africa. The report offers market size and forecasts in value (USD million) for all the above segments.
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| Meat | |
| Beverage | |
| Bakery Product | |
| Canned Product | |
| Dairy Product | |
| Others |
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Nisin Market Size Summary
The global nisin market is experiencing a resurgence after the challenges posed by the COVID-19 pandemic, which significantly impacted demand and disrupted supply chains. Nisin, a natural antibacterial peptide used extensively as a food preservative, is gaining traction due to its application in extending the shelf life of processed foods, particularly in dairy, canned, and meat products. The market is benefiting from the increasing consumer preference for clean label ingredients and natural preservatives, driven by heightened awareness of health benefits and the influence of ingredient transparency on purchasing decisions. The integration of nisin in anti-microbial packaging materials by key players in the packaging industry further underscores its growing importance. The absence of viable substitutes for nisin also contributes to its market growth, positioning it as a critical component in food preservation.
Regionally, North America leads in market value, while Western Europe boasts a stable and established market with dominant players like Royal DSM N.V. and Danisco A/S. The Asia-Pacific region is witnessing rapid growth, with new entrants expanding their presence, although regulatory challenges in countries like China pose hurdles. Key industry players are actively pursuing geographic expansion and new product developments to strengthen their foothold in the global food ingredients market. Notable companies such as DSM N.V., SIVEELE B.V., and DuPont are at the forefront, with recent product launches like DuPont's NovaGARD® NR 100-G in the Middle East and Africa, highlighting the ongoing innovation and strategic initiatives within the nisin market.
Nisin Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 By Application
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2.1.1 Meat
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2.1.2 Beverage
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2.1.3 Bakery Product
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2.1.4 Canned Product
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2.1.5 Dairy Product
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2.1.6 Others
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 United Kingdom
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2.2.2.2 Germany
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2.2.2.3 France
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2.2.2.4 Russia
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2.2.2.5 Italy
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2.2.2.6 Spain
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2.2.2.7 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 India
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2.2.3.2 China
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2.2.3.3 Japan
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia-Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle-East and Africa
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2.2.5.1 South Africa
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2.2.5.2 Saudi Arabia
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2.2.5.3 Rest of Middle-East and Africa
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Nisin Market Size FAQs
What is the current Nisin Market size?
The Nisin Market is projected to register a CAGR of 5.45% during the forecast period (2024-2029)
Who are the key players in Nisin Market?
DSM N.V., SIVEELE B.V., DuPont, Galactic and Shandong Freda Biotechnology Co. Ltd. are the major companies operating in the Nisin Market.
