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Global Tannin Market Size, Share, Trends, Growth, Forecast: By Source: Plant, Brown Algae; By Product: Hydrolysable Tannins, Non-Hydrolysable Tannins, Phlorotannins; By Application: Leather Tanning, Wine Production, Wood Adhesives, Anti-Corrosive Primers, Other Applications; Regional Analysis; Competitive Landscape; 2024-2032
Global Tannin Market Outlook
The global tannin market stood at a value of around USD 3.04 billion in 2023. The market is further expected to grow at a CAGR of 6.4% in the forecast period of 2024-2032 to attain a value of USD 5.32 billion by 2032.
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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. 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: Market 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.
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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.
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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.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Source |
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| Breakup by Product |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| 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. |
*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.
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 Opportunities and Challenges in the Market
8 Global Tannin Market Analysis
8.1 Key Industry Highlights
8.2 Global Tannin Historical Market (2018-2023)
8.3 Global Tannin Market Forecast (2024-2032)
8.4 Global Tannin Market by Source
8.4.1 Plant
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Brown Algae
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.5 Global Tannin Market by Product
8.5.1 Hydrolysable Tannins
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Non-Hydrolysable Tannins
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Phlorotannins
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.6 Global Tannin Market by Application
8.6.1 Leather Tanning
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Wine Production
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Wood Adhesives
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Anti-Corrosive Primers
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Other Applications
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.7 Global Tannin Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Tannin Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Tannin Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Tannin Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Tannin Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Tannin Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Tannin Corporation
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 S.A. Ajinomoto OmniChem N.V.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Polson Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Ever s.r.l.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 UCL company (pty) Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 LaffortSA
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Tannin Market: Key Industry Highlights, 2018 and 2032
2. Global Tannin Historical Market: Breakup by Source (USD Billion), 2018-2023
3. Global Tannin Market Forecast: Breakup by Source (USD Billion), 2024-2032
4. Global Tannin Historical Market: Breakup by Product (USD Billion), 2018-2023
5. Global Tannin Market Forecast: Breakup by Product (USD Billion), 2024-2032
6. Global Tannin Historical Market: Breakup by Application (USD Billion), 2018-2023
7. Global Tannin Market Forecast: Breakup by Application (USD Billion), 2024-2032
8. Global Tannin Historical Market: Breakup by Region (USD Billion), 2018-2023
9. Global Tannin Market Forecast: Breakup by Region (USD Billion), 2024-2032
10. North America Tannin Historical Market: Breakup by Country (USD Billion), 2018-2023
11. North America Tannin Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Europe Tannin Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Europe Tannin Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Asia Pacific Tannin Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Asia Pacific Tannin Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Latin America Tannin Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Latin America Tannin Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Middle East and Africa Tannin Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Middle East and Africa Tannin Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Global Tannin Market Structure
Key Questions Answered in the Report
In 2023, the global tannin market attained a value of nearly USD 3.04 billion.
The market is projected to grow at a CAGR of 6.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach around USD 5.32 billion by 2032.
The major drivers of the market include the increasing demand for tannins in wine and leather manufacturing, the surging demand for plant-based tannins, and the increasing investments in the R&D of tannin processing by the leading manufacturers.
The key trends guiding the market growth include the surging implementation of tannins in the wine and pharmaceutical sectors and the growing awareness regarding the excellent health properties of tannin.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different sources of tannin considered in the market report are plant and brown algae.
The various products of tannin include hydrolysable tannins, non-hydrolysable tannins, and phlorotannins.
The significant applications of tannin are leather tanning, wine production, wood adhesives, and anti-corrosive primers, among others.
The major players in the industry are Tannin Corporation, S.A. Ajinomoto OmniChem N.V., Polson Ltd, Ever s.r.l., UCL Company (pty) Ltd., and LaffortSA, among others.
Analyst Review
The global tannin market attained a value of about USD 3.04 billion in 2023, driven by the increasing demand of tannins in the wine industry. Aided by heightened implementation of tannins in the pharmaceutical industry, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 6.4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By source, the tanning industry can be bifurcated into plant and brown algae. On the basis of product, the industry can be segmented into hydrolysable tannins, non-hydrolysable tannins, and phlorotannins. Based on application, the industry can be segregated into leather tanning, wine production, wood adhesives, anti-corrosive primers, and other applications. The major regional markets for tannin are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Tannin Corporation, S.A. Ajinomoto OmniChem N.V., Polson Ltd., Ever s.r.l., UCL Company (pty) Ltd., and LaffortSA, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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