info@marketresearchfuture.com   📞  +1 (855) 661-4441(US)   📞  +44 1720 412 167(UK)

Tannin Market is predicted to reach USD 4.18 billion at a CAGR of 5.90% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Tannin Market”.


The Tannin market is estimated to register a CAGR of 5.90% during the forecast period of 2023 to 2032.


MRFR recognizes the following companies as the key players in the global Tannin market— Zhushan County Tianxin Medical & Chemical Co., Ltd., Forestal Mimosa Ltd., Tanin Sevnica D.D., S.A., Ajinomoto Omnichem N.V, W.Ulrich Gmbh, Ever S.R.L,  Laffort Sa, Polson Pty. Ltd., Ucl Company (Pty) Ltd., Tannin Corporation.


Tannin Market Highlights


The global Tannin market is accounted to register a CAGR of 5.90% during the forecast period and is estimated to reach USD 4.18 billion by 2032.


The consumers are increasingly seeking natural and clean label ingredients in their food and beverages. Tannins' antioxidant properties are highly valued in the food industry, as they can extend the shelf life of products by reducing oxidative deterioration. This is particularly important for products prone to rancidity or colour changes, such as oils, juices, and wines. Tannins contribute to improved taste profiles by enhancing the complexity and depth of Flavors in various food and beverage products. As food manufacturers and beverage producers continue to explore innovative ways to meet consumer preferences for taste, quality, and health benefits, the demand for tannins is expected to grow across various product categories


Segment Analysis


The global Tannin market has been segmented based on source, product and application.


On the basis of source, the market is segmented into Plants and Brown Algae. The plant segment was attributed to holding the largest market share in 2022, due to their diverse application and easy availability.


Based on product, the global Tannin market has been segmented into Hydrolysable, Non-Hydrolysable and Phlorotannin. The hydrolysable segment was expected to hold the largest market share in 2022, as it has a wide range of application and used in different industries.


Based on application, the global Tannin market has been segmented into Leather Tanning, Wine Production, Wood Adhesives, Anti-Corrosive Primers and Others. The leather tanning segment was expected to hold the largest market share in 2022, due to the rising demand for high quality leather.


Regional Analysis


The global Tannin market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Tannin market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Tannin market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Tannin market comprises of Middle East, Africa, and Latin America.


The largest market share for Tannin was maintained by the North American regional sector. This increase is attributed to the increasing consumer focus on health and wellness has led to the rising demand for natural and plant-based ingredients in the. Tannins are increasingly used as natural additives, antioxidants, and flavour enhancers in a wide range of products, including wines, juices, teas, and functional foods, contributing to market growth. The North American wine industry is a significant consumer of tannins. Tannins' antioxidant properties make them effective natural preservatives, extending the shelf life of various food and beverage products. This is particularly important in North America, where consumers prioritize product quality and freshness.


Moreover, the Europe market has been persistently growing over the forecast period. The demand for Tannin is driven by strong presence of the wine and beverage industry, where tannins are used to enhance the taste and quality of wines and spirits. Additionally, the region's increasing emphasis on sustainable and eco-friendly practices in various industries, including food and beverages, has led to the growing adoption of tannins as natural and environmentally responsible additives and ingredients.


Additionally, due to the presence rich agricultural resources, including a wide variety of tannin-rich plant sources, Asia Pacific is anticipated to experience the quickest growth over the forecast period. Further, the growing awareness of the health benefits associated with tannins, has led to increased consumption of tannin-containing products in Asia Pacific. Moreover, the expansion of the food and beverage industry, coupled with the demand for natural and functional ingredients, has created a strong market for tannins as natural additives and flavour enhancers in the region.


Furthermore, the rest of the world's Tannin market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the the expanding applications of tannins in traditional and herbal medicine, as well as in the production of natural and organic cosmetics and skincare products. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.


Key Findings of the Study



  • The global Tannin market is expected to reach USD 4.18 billion by 2032, at a CAGR of 5.90% during the forecast period.

  • The Asia-Pacific region accounted for the fastest-growing global market due to the region's rich biodiversity and the abundant availability of tannin-rich plant sources, making it a key supplier of tannin for various industries, including food, beverage, and leather production.

  • Based on application, the leather tanning segment was attributed to holding the largest market in 2022, with an approximate market share of 45–65%.

  • Zhushan County Tianxin Medical & Chemical Co., Ltd., Forestal Mimosa Ltd., Tanin Sevnica D.D., S.A., Ajinomoto Omnichem N.V., W.Ulrich Gmbh, Ever S.R.L, Laffort Sa, Polson Pty. Ltd., Ucl Company (Pty) Ltd., Tannin Corporation.


Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Tannin Market

Leading companies partner with us for data-driven Insights
client_1 client_2 client_3 client_4 client_5 client_6 client_7 client_8 client_9 client_10
Kindly complete the form below to receive a free sample of this Report
Please fill in Business Email for Quick Response

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

Report details
Companies Covered 15
Pages 128
Certified Global Research Member
Isomar fd.webp Wcrc 57.webp
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.