Nisin Market Value Chain Analysis: Industry Insights during the Forecast Period 2017-2025

 

The Nisin Market value chain analysis provides crucial insights into the various stages involved in the production, distribution, and consumption of Nisin products. Understanding the value chain is essential for stakeholders in the industry as it helps identify the key activities and players involved in delivering the final product to the market. This analysis sheds light on the overall efficiency, cost structures, and competitive dynamics within the Nisin industry.

Nisin was authorized as an antibacterial for food in 1969 by the Joint FAO/WHO Expert Committee on Food Additives (Food and Agriculture Organization/World Health Organization). Pasteurized dairy products, processed cheese, canned vegetables, pasteurized liquid eggs, and hot baked goods with a high moisture content, including crumpets, all use nisin as a food preservative. It is used to prevent lactic acid bacteria from causing low pH foods like salads and alcoholic beverages like wine and beer to deteriorate. In food processing techniques like electroporation and high pressure sterilization, it is also employed as an auxiliary. Production of highly purified nisin is now possible thanks to improvements in nisin production technology.

Coherent Market Insights' findings reveal that the Nisin Market attained a significant value of US$ 489.58 million in 2016, with a projected CAGR of 4.6% in revenue during 2017 – 2025. The food industry extensively embraces nisin, a natural antimicrobial peptide, to preserve products, driven by the growing demand for clean-label options and extended shelf life. With its remarkable efficacy against diverse pathogens and eco-friendly attributes, the Nisin Market is forecasted to experience substantial growth.

The value chain of the Nisin Market can be divided into several stages:

1.      Raw Material Sourcing: The value chain begins with the procurement of raw materials required for Nisin production. The primary source of Nisin is the bacterium Lactococcus lactis, which is cultivated and processed to extract the antimicrobial peptide.

2.      Nisin Manufacturing: In this stage, the extracted Nisin undergoes various purification and formulation processes to create the final product. The manufacturing process involves quality control measures to ensure the purity and efficacy of the Nisin.

3.      Packaging and Distribution: Once the Nisin is manufactured, it is packaged into different forms such as powders, liquids, or tablets, depending on the application. The packaged products are then distributed to various end-users, including food and beverage manufacturers, pharmaceutical companies, and animal feed producers.

4.      End-User Application: This stage involves the incorporation of Nisin into different end-products. In the food industry, Nisin is used as a natural preservative to extend the shelf life of products. In the pharmaceutical sector, it is utilized for its antimicrobial properties, and in the animal feed industry, it serves as an additive to prevent bacterial contamination.

5.      Retail and Consumption: The final stage of the value chain involves the sale of Nisin-infused products to consumers through retail outlets or online platforms. Consumers benefit from the extended shelf life and improved safety of the products they purchase.

Industry Insights:

Through value chain analysis, various insights about the Nisin Market can be gained:

1.      Cost Drivers: Identifying cost drivers in each stage of the value chain helps stakeholders understand which factors impact the overall cost of Nisin production and distribution. This knowledge allows them to optimize their operations and improve cost-efficiency.

2.      Market Structure: The value chain analysis reveals the market structure, showing the concentration of power among key players in each stage. Understanding this dynamic can influence strategic decisions and collaborations within the industry.

3.      Value Addition: Each stage of the value chain contributes to the overall value of Nisin as it progresses from raw material to end-product. Understanding value addition helps in assessing the profitability of different stages and identifying potential areas for innovation.

4.      Supply Chain Resilience: Analyzing the value chain enables stakeholders to identify potential vulnerabilities and build resilience against supply chain disruptions.

In conclusion, the value chain analysis provides valuable insights into the Nisin Market, guiding stakeholders in optimizing their operations, identifying growth opportunities, and enhancing the overall efficiency of the industry.