The global nisin market was valued at US$ 489.58 million in 2016 and is expected to reach US$ 732.10 million by 2025, witnessing a CAGR of 4.6% over the forecast period (2017-2025). According to a Nisin Market Report, by Application (Meat, Beverages, Dairy Products, Bakery Products, Canned Vegetables, and Others). Nisin is a bacteriocin, majorly produced by gram positive bacteria such as Lactococcus lactis. It shows antimicrobial activity against food-borne bacteria such as Clostridium botulinum, Staphylococcus aureus, and Listeria monocytogenes at low concentration. It shows synergistic action with other bacteriocins and chelators. Nisin plays an immune-modulatory role, offering anti-biofilm and anti-cancer properties. Growing application of nisin in bio preservation of dairy products such as yoghurt, natural cheese, processed cheese, egg products, pasteurized soups, flour-based products, canned food such as peas, okra, asparagus, mushrooms, peppers, and carrots, and meat products such as sausages, seafood, and salad dressings, and alcoholic beverages such as wine and beer are driving growth of the nisin market.
To know the latest trends and insights prevalent in this market, click the link below:
Browse 500 pages, 200 market data tables* and 50 figures* on "Nisin Market” - Global forecast to 2025.
Key Trends and Analysis of the Nisin Market:
Among applications, the meat segment accounted for the highest market share in 2016. Nisin widely replaced sodium nitrate that is used for meat preservation as sodium nitrate is associated with health hazards such as blue baby syndrome in infants and toddlers. Furthermore, consumption of sodium nitrate increases the risk of cancer. Meat is a source of essential vitamins, proteins, and minerals that provide health benefits such as protection against skin infections and strengthening the immune system against various other diseases. Such factors relating to health benefits are propelling growth of the meat market. According to the thirteenth joint edition of the OECD-FAO Agricultural Outlook, the global meat production is estimated to expand to around 48 Mt by 2025, especially in emerging economies that are expected to account for around 73% of the additional output. Furthermore, the report stated that the meat production is expected to increase by 16% in 2025. Therefore, increasing application of nisin for meat preservation coupled with the significant growth in the meat market is a key factor driving growth of the meat segment.
Nisin is the only bacteriocin approved by U.S. Food and Drug Administration and World Health Organization for use as a food preservative. The Joint Food and Agriculture Organization/World Health Organization (FAO/WHO) approved nisin as safe food additive in 1969, whereas FDA approved nisin in 1988 to inhibit growth of Clostridium botulinum and recognized it as generally regarded as safe (GRAS). Furthermore, nisin is a registered food preservative in over 50 countries and is used as a natural preservative in various types of food.
Key Takeaways of the Market:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.