An important concern for the food industry has always been to preserve food. Increase in trading of food products across various countries has led to an increasing demand for food preservative components, consequently supporting and enhancing the growth of bio preservatives. Bio preservatives like bacteriocins are used to stop the growth of harmful microbes in food and beverage products.
Thermal processing is extensively used in food processing which uses bacteriocins like nisin which possess a unique property of heat-resistance. Even during high-temperatures, nisin and other bacteriocins serve as a barrier to preserve food and avoid from spoilage of food. Apart from nisin being a heat-resistant preservative, it also possesses a quality of being used as a broad-spectrum preservative, which effective and fights against organisms such as lactic acid bacteria.
The global nisin market report shows insights about the current market state by conducting the secondary and primary research for over 303 hours. In accordance to the report, the global nisin market is expanding its global footprint in a swift note. The global nisin market is valued at US $ xxx million dollars in 2018. This market is forecasted to grow at a rate of xx% annually and expected to reach a striking US $ xxx million dollars in value by the end of 2023.
Having a busy schedule has led to large number of consumers opting for processed and ready-to-eat food products which are easily available and are not time consuming, holding hands with a rising consumer population tilting towards products containing vegetables and meat as a prime ingredient for consumption of a healthy diet, is estimated to be a driving force for bio-preservatives like nisin.
A major obstruction for the market extension of preservatives like nisin is its sensitive and crucial production process also, the end product is adversely affected in-case there is an increase in the lactate concentration beyond a specified level and the decrease in its pH. Another, major challenge for nisin market growth is its high cost i.e. even though being a natural preservative, it is at least 10 times costlier than other chemical preservatives available in the market. All these above-mentioned factors will hinder the growth of the nisin market growth.
The Northern American regions were predicted to value a market share of ~35 % in the global market during the year 2016. Followed by the Asia-Pacific regions to be a part of the fastest growing nisin market due to the presence of emerging economies of countries like India and China. Growing awareness world-wide regarding natural preservatives holding-hands with the meat and dairy sectors is further triggering growth for the Nisin market.
Some of the prominent players in the global Nisin market are Mondi Group (Austria), and BioCote (U.K.).
Our Approach
The research procedure starts with the division of the various market segments of the global nisin market which is coupled with the growth factors identification of every segment and followed by market forecasts. The market forecasts are done based on the insights presented by the industry experts across the global nisin industry value chain. Market Krystal dedicated more than 40 hours of interview for this stud, the fine points of the same are stated below:
By company type:
Manufacturers (30%), Suppliers (35%), Consumers (25%), Researchers (5%), Independent industry consultant (5%)
By geography:
North America (50%), Asia (25%), Europe (25%)
By designation:
Top level (45%), Operation level (35%), Mid-level (20%)
Contents of the report:
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