Tannin Market – Future Scope , Industry Trends and Forecast to 2026

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Tannin Market Future Scope , Industry Trends
and Forecast to 2026
Tannin Market, By Source (Hydrolysable
(Pyrogallol-type tannin), Non-Hydrolysable
(Condensed), Phlorotannin), Application (Wine
Production, Tea/Coffee/Juices, Medical/Pharmaceuti
cal, Leather Processing, Wood Adhesives, Others)
and Geography (North America, South America,
Europe, Asia-Pacific, Middle East and Africa)
Industry Trends and Forecast to 2026
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Report Description
Global tannin market is expected to rise from its
initial estimated value of USD 1763 million in
2018 to an estimated value of USD 3144 million by
2026, registering a CAGR of 7.5 during the
forecast period of 2019-2026. This rise in market
value can be attributed to rising need of plant
protein amid rising amount of health concerns and
veganism worldwide. Tannins are basically used
in the production of wine due to their high
anti-oxidation properties and are basically used
to provide the bitter taste, colour stabilization
and structural stability to the wine. Whereas
Pharmaceutical industry also make use of tannins
in curing problems of skin, sore mouth, wounds,
irritation, and pain owing to their structure
which contains coagulate proteins and possesses
mucosal tissue.
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Major Key Players

• Some of the major players operating in this
  market are
• Laffort
• Tannin Corporation
• TANAC SA
• Jyoti Dye Chem Agency
• Maganlal Shivram Company.
• Mimosa Extract Company(PTY) LTD
• POLSONLTD.COM
• Ever s.r.l.
• Forestal Mimosa
• Silvateam S.p.a.
• UCL Company (Pty) Ltd.

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tannin-market
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Market Segmentation

• By Source (Hydrolysable (Pyrogallol-type tannin)
• By Non-Hydrolysable (Condensed), Phlorotannin)
• By Application (Wine Production,
  Tea/Coffee/Juices, Medical/Pharmaceutical,
  Leather Processing, Wood Adhesives, Others))

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Regional Analysis

• Based on geography, the market is segmented into
  five geographical regions
• North America
• Europe
• Asia-Pacific
• South America
• Middle East
• Africa

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