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Global Tannin Market: By Source: Plant, Brown Algae; By Product: Hydrolysable Tannins, Non-Hydrolysable Tannins, Phlorotannins; By Application: Leather Tanning, Wine Production, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Tannin Market Outlook

The global tannin market stood at a value of around USD 2.5 billion in 2020. The market is further expected to grow at a CAGR of 6.7% in the forecast period of 2021-2026 to attain a value of USD 3.6 billion by 2026.

 

Leather Tanning Segment to Possess a Substantial Market Share of the Global Tannin Industry

Based on application, the leather tanning segment is predicted to account for a substantial market share in the tannin industry, as tannins are insoluble proteins that do not decompose. This growth can be associated with the heightened demand for leather products such as bags, footwear, and clothing worldwide, with the increasing disposable incomes. Similarly, in the automotive industry, leather seats are increasingly in demand. In leather processing, collagen in animal hide or skin and tannin cross-link to form leather.

 

Global Tannin Market

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In addition, tannin is used in the manufacture of inks due to its ability to form dark blue or green solutions with iron salts and as wood adhesives in various wood products such as furniture. These factors are estimated to positively impact the market growth in the forecast period.

 

Europe to Witness a Substantial Growth Due to Increased Usage of Tannins in the Wine Industry

Europe is estimated to possess a significant share of the tannin industry in the forecast period. The growth can be attributed to the increased usage of tannin in the wine industry in the region. In areas such as France, with an increasingly expanding and developing wine industry, tannins are in great demand. In addition, the growing number of alcohol consumers in the region is further propelling the demand. Furthermore, in the Asia Pacific region, tannins are being utilised in leather and food manufacturing. The demand is further increasing with the growing population, rising disposable income, and an improved standard of living in the region. These developments are expected to catalyse the market growth in the coming years.

 

Tannin: Industry Definition and Segmentation

Tannin refers to astringent biomolecules extracted from plants and fruits. It is found in various parts of plants including barks, stem tissues, roots, seeds, and leaves. Moreover, plants have a large amount of tannin content, which protects them from predators and helps with their growth regulation. Fruits with rich tannin content include cranberries, blueberries, strawberries, hazelnuts, pecans, walnuts, grapes, and oranges, among others. Besides fruits, tannins are also found in coffee, tea, red wine, and beer. Furthermore, tannins are used in medicines such as witch hazel, a source of tannin, used popularly in skincare and personal care products.

Based on source, the market is bifurcated into:

  • Plant
  • Brown Algae

On the basis of product, the industry can be segmented into:

  • Hydrolysable Tannins
  • Non-Hydrolysable Tannins
  • Phlorotannins

Based on application, the industry can be categorised into:

  • Leather Tanning
  • Wine Production
  • Wood Adhesives
  • Anti-Corrosive Primers
  • Other Applications

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Heightened Utilisation of Tannins in the Pharmaceutical Sector to Bolster the Growth of the Global Tannin Industry

Hydrolysable tannins are secondary plant metabolites that include simple gallic acid derivatives, gallotannins (GTs), and ellagitannins (ETs). These tannins exhibit anti-cancer, anti-angiogenic, antioxidant, anti-inflammatory, and anti-ulcerative properties and are, therefore, extremely important in the nutraceutical and pharmaceutical industry. These are increasingly found in mangoes, guavas, pimento, and cloves. In addition, due to the concerns related to synthetic compounds used in the food industries, which tend to have adverse effects on the human body and the environment, tannins offer a potential alternative to these harmful chemicals in developing industries. Furthermore, the phlorotannins also offer excellent health properties such as radio-protective, anti-cancer, antibacterial, anti-oxidation, anti-HIV, and anti-diabetic, which makes them extremely popular in the pharmaceutical industry, therefore, positively impacting the market growth in the coming years.

 

Key Industry Players in the Global Tannin Market

The report gives a detailed analysis of the following key players in the global tannin market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Tannin Corporation
  • S.A. Ajinomoto OmniChem N.V.
  • Polson Ltd.
  • Ever s.r.l.
  • UCL company (pty) Ltd.
  • LaffortSA
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Source, Product, Application, Region
Breakup by Source Plant, Brown Algae 
Breakup by Product Hydrolysable Tannins, Non-Hydrolysable Tannins, Phlorotannins
Breakup by Application Leather Tanning, Wine Production, Wood Adhesives, Anti-Corrosive Primers, Other Applications, 
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Tannin Corporation, S.A. Ajinomoto OmniChem N.V., Polson Ltd., Ever s.r.l., UCL company (pty) Ltd., LaffortSA, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Tannin Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Tannin Historical Market (2016-2020) 
    8.3    Global Tannin Market Forecast (2021-2026)
    8.4    Global Tannin Market by Source
        8.4.1    Plant 
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Brown Algae 
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Tannin Market by Product
        8.5.1    Hydrolysable Tannins
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Non-Hydrolysable Tannins
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Phlorotannins
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Tannin Market by Application
        8.6.1    Leather Tanning 
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    Wine Production 
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    Wood Adhesives
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
        8.6.4    Anti-Corrosive Primers
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2016-2020)
            8.6.4.3    Forecast Trend (2021-2026)
        8.6.5    Other Applications  
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2016-2020)
            8.6.5.3    Forecast Trend (2021-2026)
    8.7    Global Tannin Market by Region
        8.7.1    Market Share
            8.7.1.1    North America
            8.7.1.2    Europe
            8.7.1.3    Asia Pacific
            8.7.1.4    Latin America
            8.7.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country 
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    Tannin Corporation 
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    S.A. Ajinomoto OmniChem N.V.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     Polson Ltd.
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Ever s.r.l.  
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    UCL company (pty) Ltd.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    LaffortSA
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments

 

List of Figures and Tables

1.    Global Tannin Market: Key Industry Highlights, 2016 and 2026
2.    Global Tannin Historical Market: Breakup by Source (USD Billion), 2016-2020
3.    Global Tannin Market Forecast: Breakup by Source (USD Billion), 2021-2026
4.    Global Tannin Historical Market: Breakup by Product (USD Billion), 2016-2020
5.    Global Tannin Market Forecast: Breakup by Product (USD Billion), 2021-2026
6.    Global Tannin Historical Market: Breakup by Application (USD Billion), 2016-2020
7.    Global Tannin Market Forecast: Breakup by Application (USD Billion), 2021-2026
8.    Global Tannin Historical Market: Breakup by Region (USD Billion), 2016-2020
9.    Global Tannin Market Forecast: Breakup by Region (USD Billion), 2021-2026
10.    North America Tannin Historical Market: Breakup by Country (USD Billion), 2016-2020
11.    North America Tannin Market Forecast: Breakup by Country (USD Billion), 2021-2026
12.    Europe Tannin Historical Market: Breakup by Country (USD Billion), 2016-2020
13.    Europe Tannin Market Forecast: Breakup by Country (USD Billion), 2021-2026
14.    Asia Pacific Tannin Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    Asia Pacific Tannin Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Latin America Tannin Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Latin America Tannin Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Middle East and Africa Tannin Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Middle East and Africa Tannin Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Global Tannin Market Structure

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