Market Size in 2020 | Market Forecast in 2028 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 439 million | USD 1,038 million | CAGR at 5.1% | 2020 |
FrequentlyAsked Questions
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.
According to Zion market research report, 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.
North America will contribute lucratively towards the global market earnings over the projected timeline. The regional market surge is subject to surge in consumer demand for synthesized food preservatives.
The key market participants include Royal DSM, Duke Thomson's India Pvt. Ltd., Siveele B.V, Cayman Chemical Company, DuPont de Nemours, Inc., Mayasan Biotech, Chihon Biotechnology Co., Ltd., Merck Group, Virgin Galactic Company, and Santa Cruz Biotechnology, Inc.
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