PUBLISHER: The Business Research Company | PRODUCT CODE: 1711269
PUBLISHER: The Business Research Company | PRODUCT CODE: 1711269
Tannin is a polyphenolic compound found in various plants that can bind to and precipitate proteins. It is valued for its astringent properties and is used in diverse applications including leather tanning, wine and tea clarification, and as a natural preservative in foods and beverages. Tannins serve multiple functions across different industries.
The main types of tannins includes hydrolysable, non-hydrolysable, and phlorotannins. Hydrolysable tannins can be broken down into simpler molecules such as gallic acid and ellagic acid through hydrolysis. Tannins come from plant-based, animal-based, and synthetic sources and are utilized in various applications such as leather tanning, wine production, wood adhesives, and anti-corrosive primers.
The tannin market research report is one of a series of new reports from The Business Research Company that provides tannin market statistics, including tannin industry global market size, regional shares, competitors with a tannin market share, detailed tannin market segments, market trends and opportunities, and any further data you may need to thrive in the tannin industry. This tannin market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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.
The growing demand from the leather industry is anticipated to drive the expansion of the tannin market in the future. The leather industry involves processing animal hides and skins into leather and producing various leather goods, such as clothing, footwear, and accessories. This demand is influenced by evolving fashion trends, the growth of the automotive sector, increased interest in premium home furnishings, and advances in sustainable leather production methods. Tannin plays a crucial role in the leather industry as a primary ingredient in the tanning process. It helps transform raw animal hides into durable, flexible leather by binding with the proteins in the hides to prevent decay and enhance the material's strength and quality. For example, in July 2024, the CBI Ministry of Foreign Affairs, a Netherlands-based governmental organization, reported that the value of leather accessory imports into Europe rose to €2.97 billion ($3.24 billion) in 2022, up from €2.74 billion ($2.99 billion) in 2021, indicating increased demand. Thus, the growing demand from the leather industry is fueling the expansion of the tannin market.
Leading companies in the tannin market are concentrating on developing innovative products, including sustainable tan leather that is both environmentally friendly and safe for consumers. Sustainable tan leather is produced using eco-friendly and ethically responsible methods, particularly in the tanning process. For instance, in August 2023, Bentley Motors Limited, a UK-based luxury car and SUV manufacturer, introduced Olive Tan Leather as part of its sustainability efforts. This tanning agent, derived from the organic by-products of olive oil pressing, comes from wastewater collected during the olive pressing process. It is free of harmful metals, minerals, and aldehydes, and uses less water compared to traditional tanning methods.
In July 2024, Tannin Corporation, a US-based manufacturer of leather products, acquired Whittemore-Wright Company Inc. for an undisclosed amount. This acquisition aims to broaden Tannin Corporation's product range and market presence by integrating the capabilities and customer base of Whittemore-Wright Company Inc., a US-based company specializing in tanning oils for leather.
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.
Europe was the largest region in the tannin market in 2023. 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.
The countries covered in the tannin market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The tannin market consists of sales of wood tannins, quebracho tannins, chestnut tannins, synthetic tannins, and gall tannins. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Tannin Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on tannin market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for tannin ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The tannin market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.