PUBLISHER: Polaris Market Research | PRODUCT CODE: 1652100
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1652100
The global tannin market size is expected to reach USD 5,086.48 million by 2034, according to a new study by Polaris Market Research. The report "Tannin Market Size, Share, Trends, Industry Analysis Report: By Source (Plant and Brown Algae), Product Type, Application, and Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Tannin is a chemical compound that is derived from phenolic acids. The chemical compound is water soluble and has a molecular weight of 500 to 3000 kDa. It is found in fruits, vegetables, nuts, wine, and tea. The tannin content in plants shields them from predators and promotes growth regulation. A few fruits rich in tannin include nuts, organs, grapes, blueberries, strawberries, and cranberries.
The high usage of tannin in wine production and pharmaceuticals is the key factor driving the tannin market growth. The strong antioxidant properties of tannin contribute to wine's bitter flavor, help stabilize its color, and maintain its structural consistency. Also, the unique structure of tannin, which consists of cohesive proteins and their interaction with mucosal tissue, enables pharma companies to use it in medications for treating mouth sores, wounds, skin irritation, and pain.
Tannin finds applications in the production of leather and wood adhesives. The increasing demand for luxury items such as clothing, shoes, and cars with plush leather interiors and the rising manufacturing of wood products are other factors fueling the tannin market expansion. The rising focus of major businesses on expansion into emerging economies is projected to provide lucrative market opportunities during the forecast period.
Key Highlights of Tannin Market Report
Based on source, the brown algae segment dominated the tannin market with a larger revenue share of 78.4% in 2024. The high phlorotannin content of brown algae makes it a potential source of tannins for applications such as leather tanning and wood adhesives.
Based on application, the wood adhesives segment is projected to register the highest CAGR of 6.1% from 2025 to 2034. The rising manufacturing of wood products has resulted in increased demand for wood adhesives.
Europe dominated the tannin market with a 40.4% revenue share in 2024. The regional market dominance is fueled by the increasing tannin use in the leather and wine industries across Europe.
North America, following Europe, held a significant share of the tannin market revenue in 2024. Growing alcohol consumption, increasing demand for leather commodities, and the presence of several major players are among the major market drivers in the region.
UCL Company (Pty) Ltd.; Polson Ltd.; Zhushan County Tianxin Medical & Chemical Co., Ltd.; Tannin Corporation; S.A. Ajinomoto OmniChem N.V.; Forestal Mimosa Ltd.; Tanin Sevnica Ltd..; Ever s.r.l; LaffortSA; Tanac S.A; Silvateam S.p.A., and W. Ulrich GmbH are a few of the key players in the market.
Polaris Market Research has segmented the tannin market research report on the basis of source, product type, application, and region: