According to Global Nisin Market Size, Forecast, Analysis & Share Surpass US$ 1,038 Mn By 2028, At 5.1% CAGR

Leave a Comment / By Editor Acess / November 18, 2023

The global Nisin Market accrued earnings worth approximately 439 (USD Million) in 2020 and is predicted to gain revenue of about 1,038 (USD Million) by 2028, is set to record a CAGR of nearly 5.1% over the period from 2021 to 2028. The report offers assessment and analysis of the Nisin Market on a global and regional level. The study offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. The report provides historical data from 2018 to 2020 along with a forecast from 2021 to 2028 based on revenue (USD Million).

Nisin Market: Outlook

Nisin is a small molecule polypeptide antibiotic possessing anti-microbial effect produced & released at time of metabolism by Lactococcus lactic subsp. Lactis. Furthermore, it is utilized for preventing gram-positive spoils and proliferation of harmful microorganism in meat as well as processed cheese. The product was available as food preservative in UK nearly thirty years ago. Reportedly, initial application of nisin was preservative in processed cheese items, but it also finds massive application in large number of food & beverages.

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Nisin Market: Growth Drivers

Expansion of nisin market over forecast timespan is subject to large-scale utilization of product in processed foods such as dairy items, heat-treated diet, plant protein diet, canned foods, and cured meat. Apart from this, nisin is utilized for preventing lactic acid bacteria from causing rancidity in alcoholic beverages. With the aid of Nisin, shelf life of non-pasteurized beer can be elongated. This will steer expansion of nisin market. Additionally, surge in demand for nisin in food & beverages industry will embellish market trends. Furthermore, necessity of organic food preservatives to enhance shelf life of products will boost business growth.

In addition to this, effective product packaging has played a pivotal role in leveraging business growth. Rise in use of the product in pharmaceutical and nutraceutical industries will propel expansion of nisin market. Nonetheless, easy access to chemically synthesized & low-cost food preservatives will proliferate expansion of nisin industry.

Nisin Market: Regional Landscape

North America To Contribute Majorly Towards Overall Nisin Market Size By 2028

Expansion of nisin market in North America over forecast timespan is subject to a surge in consumer demand for synthesized food preservatives. Apart from this, increase in private & public funding of organic bio preservatives production activities will proliferate regional market size. Additionally, massive demand for natural bio preservatives in countries such as the U.S. will intensify expansion of nisin industry in North American subcontinent.

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