Global Nisin Market Size & Outlook, 2023-2030
The nisin industry worldwide is expected to reach a projected revenue of US$ 691.1 million by 2030. A compound annual growth rate of 4.6% is expected of the worldwide nisin industry from 2024 to 2030.
Revenue, 2023 (US$M)
$502.9
Forecast, 2030 (US$M)
$691.1
CAGR, 2024 - 2030
4.6%
Report Coverage
Worldwide
Global nisin market, 2018-2030 (US$M)
Global nisin market highlights
- The global nisin market generated a revenue of USD 502.9 million in 2023 and is expected to reach USD 691.1 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4.6% by 2030.
- In terms of segment, meat, poultry & seafood products accounted for a revenue of USD 502.9 million in 2023.
- Meat, Poultry & Seafood Products is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 502.9 million |
| Market revenue in 2030 | USD 691.1 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Meat, poultry & seafood products |
| Fastest growing segment | Meat, Poultry & Seafood Products |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Meat, Poultry & Seafood Products |
Other key industry trends
- In terms of revenue, the North America accounted for 31.7% of the global nisin market in 2023.
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Nisin Market Scope
Nisin market segmentation & scope
Dairy Products
Beverages
Bakery & Confectionery Products
Canned & Frozen Food Products
Others
Countries
Argentina
Brazil
Denmark
France
Germany
Italy
Norway
Sweden
Spain
UK
Canada
Mexico
U.S.
Kuwait
Saudi Arabia
South Africa
UAE
Australia
China
India
Japan
South Korea
Thailand
Nisin Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global nisin market size, by regions, 2018-2030 (US$M)
Related regional statistics
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