Nisin is a polycyclic antibacterial peptide produced by some strains of Lactococcus lactis. It is used as a natural preservative in foods as it inhibits the outgrowth of bacterial spores. Nisin prevents the growth of gram-positive pathogenic and spoilage bacteria in food products. It is commonly used in processed cheese, canned produce, sausage, and bottled salads. The increasing demand for packaged and preserved foods has accelerated the use of nisin as a natural preservative.

The global Nisin Market is estimated to be valued at US$ 176.72 Bn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends driving the growth of the Nisin Market is the rising demand for natural preservatives in food products. More consumers are preferring food items with a clean label and without artificial preservatives and chemicals. Nisin being a natural preservative obtained from Lactococcus lactis bacteria is gaining popularity among food manufacturers. It has established itself as an effective substitute for chemical preservatives like sodium benzoate and sorbates. The clean label trend has encouraged food companies to increase the application of nisin in various products like dairy, meat, and seafood. Its use ensures longer shelf-life along with natural credentials preferred by health-conscious consumers. This growing consumer inclination towards natural ingredients is expected to boost the demand for nisin over the forecast period.

Segment Analysis
The global nisin market is segmented on the basis of application and region. Based on application, the market is segmented into food, beverages, and others. The food segment is expected to dominate the market over the forecast period. Nisin is widely used as a natural preservative in various food applications such as dairy products, canned foods, meat and poultry products, due to its antibacterial properties.

Key Takeaways
The global Nisin Market Growth is expected to witness high growth over the forecast period of 2023 to 2030. The global Nisin Market is estimated to be valued at US$ 176.72 Bn in 2023 and is expected to exhibit a CAGR of 5.5% over the forecast period 2023 to 2030.

The food application segment currently dominates the market. Nisin offers antibacterial properties and is widely used as a natural preservative in various food applications such as dairy products, canned foods, meat and poultry products. This ensures food safety and lengthens the shelf life of products without compromising on quality.

Europe is expected to continue dominating the global nisin market during the forecast period. Countries such as Germany, France, and UK generate high demand for nisin due to stringent food safety regulations and growing health-conscious consumer base in the region. Additionally, the increasing meat consumption has led to higher demand for nisin as a natural preservative in meat and poultry products.

Key players operating in the nisin market are Chevron Phillips Chemical Company LLC, Danisco A/S, DSM Food Specialties B.V., Galactic, Zhejiang Silver-Elephant Bioengineering Co. Ltd., Shandong Freda Biotechnology Co. Ltd., and Siveele B.V. The companies are focusing on capacity expansion and new product launches to consolidate their market share. For instance, Galactic launched a new nisin product, Nisaplin SL, which is more stable and effective for various food applications.

For more insights, read- https://www.newsanalyticspro.com/nisin-market-trends-size-and-share-analysis/