Global Nisin Market Size, Trends & Analysis with COVID-19 Impact - Forecasts to 2026 By Type (Powder, Liquid), By Application (Meat, Poultry & Seafood Products, Dairy Products, Beverages, Bakery & Confectionery Products, Canned &Frozen Food Products, Others), By Region (North America, Asia-Pacific, Middle East & Africa, CSA, Europe), End-User Landscape and Company Market Share Analysis and Competitor Analysis
Nisin Market Insights
The global nisin market is expected to have an upward rising trend during the forecast period. Nisin has been and is extensively exploited as a food preservative, which is known as a microbial peptide. The nisin as a food preservative has been in the market for 50 years. It is approved to be used in almost 50 countries and is regarded as a safe preservative by the US Food and Drug Administration. There is a high demand for nisin for their use in canned foods as it helps in controlling thermophilic storage. Certain regulation in countries also pushes the demand and high usage for nisin in canned food that helps to spurt the market growth. Nisin by curbing the thermophilic storage helps in extended storage and use of canned vegetables. The other uses of nisin are in canned dairy puddings and have the potential to be used in pasteurized products. Nisin’s established and mature market in the UK and US will have enormous growth for the nisin in the food industry. As urbanization increases in the Asia Pacific, the need for canned food with longer shelf life also increases. The more the market for canned food increases, the better market it would have for nisin during the forecast period.
Nisin Market: By Type
Based on the type, the market considers powder and liquid into being. The powder segment would act as a dominating food preservative in the canned food and dairy products. The FDA regulates is use to control the C. botulinum and toxins especially in pasteurized cheese. The certain regulatory authority for Food Additives allows the use of nisin in clotted cream, cereal, cheese, and starch desserts. The other use is recommended in foods such as salad dressings, fruit juices, and meat products among others. The many applications for nisin powder would lead to increased use and demand for nisin during the forecast period.
Nisin Market: By Applications
Based on the applications, the market considers meat, dairy products, beverages, bakery &confectionery products, and canned &frozen food products among others. Canned & frozen food products will have large scale exploitation of nisin during the forecast period. The attractive and rising canned food and fruits market in Europe would lead to high direct and indirect demand for nisin in the canned foods. The canned food market is witnessing major growth opportunities owing to heavy R&D and innovation in technologies for canning. Such improvements can force the food authorities to adopt safe food preservatives to enable a long shelf life of canned foods. The onset of COVID-19 also had a huge market growth for canned vegetables which propelled the segment’s growth during the forecast period.
Nisin Market: By Region
Based on the region, the European region is the leading player for nisin in the market. The strict regulatory authority in the region, rising canned foods market, and better food additives protocols also enhance the market for nisin during the forecast period. the established and mature market for nisin in the USA will lead to a better and improved market in North America during the forecast period.
Market Share and Competitive Analysis
Key players operating in the market include Viachem, American International Chemical, LLC, Anhui Haibei, BOC Sciences, Food Chem International, Graham Chemical, Penta International, Prinova, Tianjin Talent Chemical Ltd, Shandong Freda Biotechnology Co., Ltd, Bimal Pharma Pvt. Ltd., DuPont Nutrition &Biosciences, Cayman Chemicals, Siveele B.V, Mayasan Biotech, Chihon Biotechnology, Handary S.A.
Please note: This is not an exhaustive list of companies profiled in the report.
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The Global Nisin Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Nisin Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
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