Press Release
Press Release
The global tannin industry is being driven by the heightened usage of tannin in the pharmaceutical industry. This can be attributed to the beneficial properties associated with tannin including anti-carcinogenic, anti-angiogenic, antioxidant, and anti-inflammatory, among others. Moreover, the heightened usage of tannins in leather production is expected to contribute to the market growth. In addition, the growing demand for tannins in skincare products and food products as an organic alternative to harmful chemicals is expected to bolster the market growth. This trend is further being fuelled by the growing disposable incomes and the improved living standards of consumers.
The growing use of tannins in the wine industry is expected to support the market growth in the forecast period. Tannins extracted from grape skins, pips (seeds) and stems, and wood barrels are used in the wine aging process. Globally, Europe is expected to account for a significant share of the market owing to the heightened utilisation of tannins in the wine industry in areas such as France that have a steadily developing wine industry and a number of wine consumers in the region. Moreover, with the growing prevalence of homebrewing activities, wine tannins are increasingly available across online shopping platforms such as Amazon (NASDAQ: AMZN). Tannins help to add an earthy flavour to wine while also enhancing the flavour of any flat or dull beverage. These factors are expected to positively impact the growth of the tannin industry in the forecast period.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The major players in the global tannin market are Tannin Corporation, S.A. Ajinomoto OmniChem N.V., Polson Ltd., Ever s.r.l., UCL company (pty) Ltd., and LaffortSA, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium-sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.