Europe Tannin Market, By Tannin Type (Gallotannins (GTS), Ellagitannins (ETS), Proanthocyanidins (PAS) Or Condensed Tannins (CTS) and Complex Tannins), Product Type (Hydrolysable, Non-Hydrolysable and Phlorotannin), Source (Plant Source, Brown Algae Source and Synthetic Source), Form (Powder and Liquid), Application (Beverages, Food, Dietary Supplements, Pharmaceutical, Animal Nutrition, Wood Adhesive, Leather Tanning, and Others), Country (U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Germany, Turkey, and Rest Of Europe) Industry Trends and Forecast to 2029
Market Analysis and Insights: Europe Tannin Market
Europe Tannin market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.4% in the forecast period of 2022 to 2029 and expected to reach USD 949.79 million by 2029.
The term tannin came from Anglo-Norman tanner, from Medieval Latin tannare, from tannum, oak bark which refers to the use of oak and other bark in tanning animal hides into leather. By extension, the term tannin is widely applied to any large polyphenolic compound containing sufficient hydroxyls and other suitable groups (such as carboxyl’s) to form strong complexes with various macromolecules.
The tannin compounds are widely distributed in many species of plants, where they play a role in protection from predation (including as pesticides) and might help in regulating plant growth. The astringency from the tannins causes the dry and puckery feeling in the mouth following the consumption of unripen fruit, red wine, or tea. Likewise, the destruction or modification of tannins with time plays an important role when determining harvesting times.
Growing applications of tannins across industries are driving the tannin market. In addition, an increase in wine consumption will also drive the growth of the tannin market. Whereas the major reasons for restraint of the tannin market are, higher stiff competition between market players and awareness about the side effects of tannins.
The demand for the tannins is increasing for which manufacturers are now more focused and they are involved in the new product launch, promotion, awards, certification, and event participation in the market. These decisions are ultimately enhancing the growth of the market.
This Europe Tannin market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographical expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Europe Tannin Market Scope and Market Size
Europe Tannin market is segmented into five notable segments which are bifurcated on tannin type, product type, source, form and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of tannin type, the tannin market is segmented into gallotannins (GTS), ellagitannins (ETS), proanthocyanidins (PAS) or condensed tannins (CTS) and complex tannins. In 2022, the proanthocyanidins (PAS) or condensed tannins (CTS) segment is anticipated to dominate the Europe tannin market due to growing demand for proanthocyanidins (PAS) or condensed tannins (CTS) as it is widely applicable across industries.
- On the basis of product type, the tannin market is segmented into, hydrolysable, non-hydrolysable and phlorotannin. In 2022, the non-hydrolysable segment is anticipated to dominate the Europe tannin market due to the growing awareness about the pharmaceutical use of non-hydrolysable tannins.
- On the basis of source, the tannin market is segmented into plant source, brown algae source and synthetic source. In 2022, the plant source segment is anticipated to dominate the market due to its easy availability.
- On the basis of form, the tannin market is segmented into powder and liquid. In 2022, the powder is anticipated to dominate the Europe tannin market due to its low cost.
- On the basis of application, the tannin market is segmented into beverages, food, dietary supplements, pharmaceutical, animal nutrition, wood adhesive, leather tanning and others. In 2022 leather tanning is expected to dominate the market owing to increased demand for various types of tannins in the leather industry.
Europe Tannin Market: Country Level Analysis
Europe Tannin market is analysed and market size information is provided by country, tannin type, product type, source, form and application as referenced above. The countries covered in the Europe Tannin market report are U.K., Italy, France, Spain, Switzerland, Netherlands, Belgium, Russia, Germany, Turkey, and rest of Europe.
- In 2022, Russia is expected to dominate in the Europe tannin market because of the increased use of tannin in wine production.
Russia is anticipated to dominate the market due to increased demand of tannin in the country for leather manufacturing. France is expected to grow in the market due to the increased demand for vegetable tannin across the country. Germany is also one of the dominating market due to high demand of tannin by leather and beverages industry.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Rise in Demand for Tannin
Europe tannin market also provides you with detailed market analysis for every country growth in industry with sales, components sales, impact of technological development in freezers and changes in regulatory scenarios with their support for the tannin market. The data is available for historic period 2010 to 2020.
Competitive Landscape and Europe Tannin Market Share Analysis
Europe tannin market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the Europe tannin market.
Some of the major players operating in this market are TANAC, UCL Company (Pty) Ltd, Eaton, Ajinomoto OmniChem, Silvateam S.p.a., Tanin d.d., Esseco Srl, Balchem Inc., Chemtan Company, Inc. Many expansions are also initiated by the companies worldwide which are also accelerating the growth of Europe tannin market.
For instance,
- In June 2021, Enartis announced the launch of a new selection of products Easytech that offers simpler preparation methods, which make winery operations easier, as well as reduce resources needed to adequately prepare products, including equipment, energy, water and tannin extraction. This launch helped the company to grow its revenue
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organization to improve their offering for Panel Mount Industrial Display market through expanded product range.
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