Transparency
Market Research offer 8-year forecast for the global nisin market
between 2018 and 2026. The global nisin market is expected to
register a CAGR of 4.2% during the forecast period. The primary
objective of the report is to offer insights on the advancements and
opportunity in the nisin market. The study demonstrates market
dynamics that are expected to influence the current challenges and
future status of the global nisin market over the forecast period.
This report also offer updates on trends, drivers, restraints, value
forecasts, and opportunities for manufacturers operating in the
global and regional nisin market.
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The
demand for clean label food has been witnessing substantial growth,
globally, in the past few years. Increasing consumer awareness
regarding the health benefits of products containing natural
ingredients and strong support from multinational ingredient
manufacturing companies for the development of such products are key
factors driving the demand for clean label ingredients, such as those
produced without the use of any additives, chemicals, and artificial
ingredients, and minimally produced. Moreover, consumers are
currently more informed regarding the benefits of using natural
ingredients through various social media platforms. The popularity of
synthetic preservatives is dramatically falling in the recent past.
Consumer dissatisfaction with regards to synthetic additives
available in the market is prompting food manufacturers towards
developing food products with natural preservatives, by replacing
preservatives such as benzoates and sorbets with clean label
solutions, hence supporting the growth of the nisin market.
By
form, the nisin market is segmented into powder and liquid. The
powder segment is likely to be the most attractive segment in the
forecast. The powder segment is estimated to account for a
significant revenue share of 97.9% in 2018 and is expected to reach
97.7% by 2026. On the basis of end use, the nisin market can be
segmented into food & beverages, pharmaceutical, animal feed &
pet food and others. The food & beverages segment is further sub
segmented into beverages, bakery, confectionary, meat, poultry &
seafood, dairy products, ready meals, soups & noodles, snacks and
others. The food & beverages segment is estimated to account for
a significant revenue share of 90.2% in 2018 and is expected to
register moderate growth rate during the forecast period.
The
report includes market share of each segment according to the region
with analysis towards market trends respectively. A section of the
report highlights nisin demand. It also provides a market outlook for
2018–2026 and sets the forecast within the context of the nisin
ecosystem, including the new product developments as well as product
offerings in the global nisin market. This study discusses key trends
contributing to growth of the global nisin
market, as well as analyses the degree to which drivers are
influencing the global market.
In
the final section of the report, a competitive landscape has been
included to provide report audiences with a dashboard view. Detailed
profiles of the providers are also included in the scope of the
report to evaluate their long-term and short-term strategies, key
offerings and recent developments in the nisin space. Key players in
the global nisin market includes Koninklijke DSM NV, E. I. du Pont de
Nemours and Company (Danisco A/S), Merck KGaA, Siveele B.V., Santa
Cruz Biotechnology, Inc., Galactic S.A., Handary S.A. , Shandong
Freda Biotechnology Co., Ltd, MAYASAN Food Industries A.S., Cayman
Chemical Company, Inc., and Chihon Biotechnology Co., Ltd. among
others.
In
addition, it is imperative to note that in an ever-fluctuating global
economy, we not only conduct forecasts in terms of CAGR, but also
analyze on the basis of key parameters such as year-on-year (Y-o-Y)
growth to understand the predictability of the market and to identify
the right opportunities.
Also,
another key feature of this report is the analysis of all key
segments in terms of absolute dollar. This is traditionally
overlooked while forecasting the market. However, absolute dollar
opportunity is critical in assessing the level of opportunity that a
provider can look to achieve, as well as to identify potential
resources from a sales and delivery perspective in the global nisin
market.
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