Global Tannin Market Research Report 2021

Tannin is a natural water soluble polyphenolic compound present in several plants. It is found in different plant organs such as leaves, seeds, fruits, roots, bark, and stem. Tannin is abundant in bark of an oak tree and in berry fruits. Other tannin-rich food items include nuts, herbs & spices, and legumes. Tannin is also abundant in chocolates and black tea. It is a natural astringent. Tannin is extracted with water or alcoholic solvents. It is also called tannic acid. It appears as pale yellow to light brown amorphous compound. The molecular weight of tannin ranges from 500 to 3,000 Da. They can bind with proteins, and other several polymers.
Rise in demand for leather and wine is anticipated to drive the tannin market during the forecast period. Demand for tannin is increasing in leather processing due to the growth in demand for leather bags, footwear, and other goods. Tannin is used for clarification in wine and beer production. Furthermore, tannin is naturally present in skin, seed, and stem of grapes, from which wine is prepared. Increase in demand for leather in the automotive industry is expected to boost the tannin market in the next few years. Demand for tannin is rising in the medical sector owing to its astringent and other healthy properties.

Market Analysis and Insights: Global Tannin Market
The global Tannin market was valued at US$ XX million in 2019 and it is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.

Global Tannin Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Tannin Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Hydrolysable Tannin
Non-Hydrolysable Tannin

Segment by Application
Medical
Leather Processing
Wine Production
Wood Adhesives
Others

By Company
Ajinomoto Natural Specialties
Laffort
TANAC
Tannin Corporation

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E