by Nisin is a bacteriocin widely used as a natural food preservative in various food products such as dairy, meat, and bakery. It helps inhibit the growth of clostridium botulinum and other gram positive and negative pathogenic bacteria. The increasing demand for natural preservatives and clean label ingredients in food products has been driving the demand for nisin globally.
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 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The demand for nisin has been growing significantly owing to the rising trend of consuming natural preservatives across major food and beverage industries globally. Consumers are increasingly preferring food products with ingredients they can easily understand and relate to, rather than chemical-sounding ingredients. This increasing demand for clean label products has prompted food manufacturers to replace artificial preservatives with natural alternatives like nisin. Nisin being a natural preservative obtained from Lactococcus lactis bacteria easily fits into the clean label definition, thereby seeing growing commercial use over the forecast period.
SWOT Analysis
Strength: Nisin is a natural antibiotic which gives it an advantage over synthetic antibiotics. It is effective against both Gram-positive and Gram-negative bacteria and is also heat stable.
Weakness: The use of Nisin is limited to certain food applications as it may not be suitable for all food types and applications. Its bioactivity can get affected based on various environmental factors.
Opportunity: With rising health consciousness and clean label trends, demand for all-natural food preservatives like Nisin is growing. It can be a safer alternative to chemicals preservatives. The market sees opportunity in new application developments and geographical expansion.
Threats: Stringent regulations regarding approval and adoption of new food additives act as a challenge. Competition from other natural food preservatives also poses a threat.
Key Takeaways
The Global Nisin Market Size is expected to witness high growth over the forecast period supported by rising demand for natural antibiotics in the food industry.
Regionally, North America dominates the market currently due to strong food safety norms and rising clean label trends. Europe is also a major market for Nisin driven by increased spending on processed food products.
Key players operating in the Nisin market are Chevron Phillips, Royal DSM, Danisco, Zhejiang Silver-Elephant Bioengineering Co. etc. These companies are focusing on new product innovations, application developments and capacity expansions to strengthen their market share. For example, Danisco recently opened a new production facility in China to meet the growing Asian demand for Nisin.
*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
