Tannin Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Global Tannin Market is segmented by source (natural and synthetic tannin extracts); by application (food and beverage, pharmaceuticals, leather and other); and by geography.

Market Snapshot

tannin-market_Market Summary
Study Period:

2016 - 2026

Base Year:

2020

Fastest Growing Market:

Asia Pacific

Largest Market:

Europe

CAGR:

6.0 %

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Market Overview

The global tannin market is growing at a CAGR of 6.0% during the forecast period (2020-2025).

  • The growth of the tannin market can be attributed to its rising usage as an additive in the beverage industry such that beer, tea, coffee, and juice owing to its curing properties of significant maladies like cancer, HIV, diabetes. Also, its extensive usage in leather manufacturing and wood adhesives is fueling the tannin market.
  • Geographically, Europe accounts for the largest share in the global market, followed by North America owing to the high demand for wine industries and the rising demand for leather commodities in these regions. Asia-Pacific, followed by Central and South America and The Middle East & Africa are also anticipated to show significant growth.

Scope of the Report

The global tannin market has been segmented by source into natural and synthetic tannin extracts; and by application into food and beverage, pharmaceuticals, leather and other, which includes animal feed, water treatment and its use in chemical industries. The Food and beverage sector can be further bifurcated into wine, RTD drinks, and others. Also, the study provides an analysis of the tannin market in the emerging and established markets across the globe, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.

By Source
Naural Tannin Extract
Synthetic Tannin extract
By Application
Food & Beverage
Wine
RTD Drinks
Others
Pharmaceutical
Leather
Others
Geography
North America
United States
Canada
Mexico
Rest of North America
Europe
United Kingdom
Germany
France
Russia
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Japan
Australia
Rest of Asia-Pacific
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
South Africa
Saudi Arabia
Rest of MEA

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Key Market Trends

Rising Demand For Plant-based Tannin Extracts

As plant-based tannin, which includes fruits and vegetable origin tannin extracts (such as cranberries, blueberries, strawberries, hazelnuts, pecans, walnuts, grapes, and oranges) dominates the segmentation market owing to the functional properties that protect them from predation and also helps for their growth regulation. Plants containing tannin include wattle, trefoil, sainfoin, quebracho, mangroves, eucalyptus, and canaigre. These plants are easy to procure, and the processes of manufacturing tannins from these plants are also easy, thus accelerating the growth of the market. Condensed tannins are the most abundant organic compounds, which are found in almost all families of plants.

Tannin Market1

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Asia Pacific To Drive The Global Tannin Market

With the increase of the infrastructure development in Asia-Pacific, particularly India, Indonesia, and China, the manufacturing process of wood adhesives involves the addition of tannin as an essential feedstock. The increasing consumer spending on building refurbishment, renovation and construction of new homes and office spaces is resulting in an increased demand for wood tannins adhesives.

Tannin Market2

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Competitive Landscape

The global market for tannin is fragmented, owing to the presence of large regional and domestic players in different countries. Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers. For instance, in June 2016, WWF-Brazil and Tanac SA joined together in cooperation which is involved in the development of a balancing act of vegetable extraction on tannins along with environmental protection. Also, in May 2018, Rehap worked with the Bio Base Europe Pilot Plant (BBEPP) in Belgium for the development and upscaling of tannin hot water extraction.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Source

      1. 5.1.1 Naural Tannin Extract

      2. 5.1.2 Synthetic Tannin extract

    2. 5.2 By Application

      1. 5.2.1 Food & Beverage

        1. 5.2.1.1 Wine

        2. 5.2.1.2 RTD Drinks

        3. 5.2.1.3 Others

      2. 5.2.2 Pharmaceutical

      3. 5.2.3 Leather

      4. 5.2.4 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

        4. 5.3.1.4 Rest of North America

      2. 5.3.2 Europe

        1. 5.3.2.1 United Kingdom

        2. 5.3.2.2 Germany

        3. 5.3.2.3 France

        4. 5.3.2.4 Russia

        5. 5.3.2.5 Italy

        6. 5.3.2.6 Spain

        7. 5.3.2.7 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 India

        2. 5.3.3.2 China

        3. 5.3.3.3 Japan

        4. 5.3.3.4 Australia

        5. 5.3.3.5 Rest of Asia-Pacific

      4. 5.3.4 South America

        1. 5.3.4.1 Brazil

        2. 5.3.4.2 Argentina

        3. 5.3.4.3 Rest of South America

      5. 5.3.5 Middle East & Africa

        1. 5.3.5.1 South Africa

        2. 5.3.5.2 Saudi Arabia

        3. 5.3.5.3 Rest of MEA

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Most Active Companies

    2. 6.2 Most Adopted Strategies

    3. 6.3 Market Share Analysis

    4. 6.4 Company Profiles

      1. 6.4.1 S.A. Ajinomoto OmniChem N.V

      2. 6.4.2 Laffort

      3. 6.4.3 EVER s.r.l.

      4. 6.4.4 Tannin Corporation

      5. 6.4.5 Silvateam S.p.a.

      6. 6.4.6 W. Ulrich GmbH

      7. 6.4.7 Tanac S.A.

      8. 6.4.8 Jyoti Dye Chem Agency

    5. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

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Frequently Asked Questions

The Tannin Market market is studied from 2016 - 2026.

The Tannin Market is growing at a CAGR of 6.0% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

Europe holds highest share in 2020.

  • S.A. Ajinomoto OmniChem N.V
  • Laffort
  • EVER s.r.l.
  • Tannin Corporation
  • Silvateam S.p.a.

Are the major companies operating in Tannin Market.

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