(Health-NewsWire.Net, January 17, 2022 ) The global nisin market is estimated to be valued at USD 443 million in 2020 and is projected to reach USD 553 million by 2025, recording a CAGR of 4.5%. The rising number of health-conscious consumers and increasing awareness about organic ingredients in food & beverages have led to an increase in demand for nisin. The rise in awareness of easily digestible bacteriocin, which is non-toxic in nature, is projected to drive the growth of the market.
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By application, the dairy ingredient segment is projected to account for the largest share in the nisin market
Dairy products are sensitive to thermal treatment. Therefore, non-thermal treatments are witnessing increased interests in the food industry due to their capability of assuring high-quality and safety of food products such as nisin. It is an antimicrobial peptide, which is considered safe since it can be easily degraded by proteolytic enzymes of the mammalian gastrointestinal tract.
For processed cheese, nisin is the most preferred and effective preservative, where typically, the heat treatment step of pasteurization does not eliminate all the spores. The lack of nisin application would result in the outgrowth of these spores and production of gas and off-flavors and possible liquefaction of the solid cheeses and other dairy products.
North America is projected to account for the largest nisin share during the forecast period
In 2019, North America accounted for the largest share in the market. The market in North America is largely driven due to the increase in consumer preference for synthetic food preservatives. It has encouraged market players to invest in organic options of biopreservatives. In the coming time period, the natural bio-preservatives are projected to witness an increase in popularity in developed economies as consumers can afford premium-priced products with high disposable income.
The increase in investment in R&D activities and technological advancements are projected to have a positive impact on the domestic production of nisin in North America. These factors are projected to drive the growth of the nisin market in the North American region.
Key Market Players:
Key players in this market include DSM (Netherlands), Galactic (Belgium), DuPont (US), Siveele B.V. (Netherlands), Zhejiang Silver-Elephant Bioengineering (China), Shandong Freda Biotechnology (China), Chihon Biotechnology (China), Mayasan Biotech (Turkey), Handary S.A. (Belgium), and Cayman Chemicals (US).
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