How much is the tannin market worth, and how is it expected to expand?
The tannin market size has grown strongly in recent years. It will grow from $2.67 $ billion in 2024 to $2.88 $ billion in 2025 at a compound annual growth rate (CAGR) of 8.0%. The growth in the historic period can be attributed to increasing demand in leather processing, growth in the wine industry, rise in the use of adhesives, expansion in the textile industry, and increasing alcohol production.
The tannin market size is expected to see strong growth in the next few years. It will grow to $3.89 $ billion in 2029 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to increasing demand for eco-friendly and sustainable products, increasing awareness of health benefits associated with tannins, rising investments in research and development, rising demand for natural dyes, and rising demand for tannin-based chelating agents. Major trends in the forecast period include technological advancements, organic cosmetics, traditional medicine, eco-friendly packaging, and personalized nutrition.
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Which industry factors have accelerated the tannin market’s expansion?
The increasing demand from the leather industry is expected to propel the growth of the tannin market going forward. The leather industry refers to the sector engaged in processing animal hides and skins into leather and manufacturing various leather products, such as garments, footwear, and accessories. The demand from the leather industry is in light with growing fashion trends, the expansion of the automotive sector, the increased popularity of premium home furnishings, and advancements in sustainable leather production methods. Tannin is used in the leather industry as a key ingredient in the tanning process, where it helps convert raw animal hides into durable, flexible leather by binding with the proteins in the hides to prevent decomposition and improve the material’s strength and quality. For instance, in July 2024, according to the CBI Ministry of Foreign Affairs, a Netherlands-based governmental organization, the value of leather accessory imports to Europe increased to €2.97 billion ($3.24 billion) in 2022, up from €2.74 billion ($2.99 billion) in 2021, reflecting a growth in demand. Therefore, the increasing demand from the leather industry is driving the growth of the tannin market.
What are the primary segments of the tannin market?
The tanninmarket covered in this report is segmented –
1) By Type: Hydrolysable, Non Hydrolysable, Phlorotannins
2) By Source: Plant Based, Animal Based, Synthetic
3) By Application: Leather Tanning, Wine Production, Wood Adhesives, Anti Corrosive Primers, Other Applications
Subsegments:
1) Hydrolysable: Gallotannins, Ellagitannins
2) Non Hydrolysable: Condensed Tannins, Proanthocyanidins, Catechins
3) Phlorotannins: Phloroglucinol Tannins, Fucol Tannins, Echinacoside
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Which firms are leading the tannin market?
Major companies operating in the tannin market are Ajinomoto Co. Inc., Balchem Corporation, Indena S.p.A., Sisco Research Laboratories Pvt. Ltd., Mimosa S.A., Silvateam S.p.A., Parchem Fine & Specialty Chemicals, American Chemical Society (ACS), Digitell Inc., Polson Ltd., Hardwood Floors Magazine, W. Ulrich GmbH, Laffort SA, Wein Bauer Inc., Ataman Kimya, Coatings World, Ever S.R.L., Frontiers Media S.A., Golden Bean, Jyoti Dye Chem Agency, Novachem Ltd., TANAC Inc., VinePair Inc.
Which market trends are set to define the future of the tannin market?
Major companies operating in the tannin market are focused on developing innovative products with sustainable tan leather that are both environmentally sustainable and safe for consumers. Sustainable tan leather refers to leather that is produced using environmentally friendly and ethically responsible methods, particularly in the tanning process. For instance, in August 2023, Bentley Motors Limited, a UK-based manufacturer and marketer of luxury cars and SUVs, launched Olive Tan Leather as part of its sustainability journey. The tanning agent derived from organic by-product of olive oil pressing. It is specifically derived from wastewater collected during the olive pressing process. This method is free from harmful metals, minerals, and aldehydes, and requires less water compared to traditional tanning processes.
Which geographic trends are shaping the tannin market, and which region has the highest market share?
Europe was the largest region in the tannin market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the tannin market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Tannin Market Report 2025 Offer?
The tannin market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Tannin refers to a type of polyphenolic compound found in various plants that can bind and precipitate proteins. It is used for its astringent properties in a variety of applications, including the tanning of leather, the clarification of wines and teas, and as a natural preservative in foods and beverages. Tannins have several purposes and uses across different industries:
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