The tannin market encompasses various tannin types, including gallotannins (GTS), ellagitannins (ETS), proanthocyanidins (PAS) or condensed tannins (CTS), and complex tannins. These tannins offer diverse properties and applications. Product types comprise Hydrolysable tannins, known for their hydrolysis potential, non-hydrolysable tannins with stability, and phlorotannin derived from brown algae. This diversity caters to a wide range of industrial applications, from food and beverages to pharmaceuticals and leather processing, reflecting the versatility of tannins in different sectors.
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Data Bridge Market Research analyses that the Europe Tannin Market was valued at USD 623.59 million in 2021 and is expected to reach the value of USD 949.79 million by 2029, at a CAGR of 5.4% during the forecast period 2022-2029. The increasing awareness and preference for natural ingredients among consumers in various industries, including food, beverages, and cosmetics, drive the demand for tannins. Tannins are naturally occurring compounds, aligning with the trend for natural and organic products.
Key Findings of the Study
Health and nutritional benefits are expected to drive the market's growth rate
Tannins' health and nutritional benefits serve as a significant driver in the tannin market. Tannins are known for their antioxidant properties, which can contribute to various health advantages, including reducing inflammation, supporting cardiovascular health, and potentially aiding in preventing certain diseases. This nutritional aspect appeals to health-conscious consumers and encourages the incorporation of tannins into a wide range of products, from functional foods and beverages to dietary supplements, contributing to market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2014-2019)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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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)
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Countries Covered
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Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
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Market Players Covered
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TANAC (Brazil), UCL Company (Pty) Ltd (South Africa), Eaton (Ireland), Ajinomoto OmniChem (Belgium), Silvateam S.p.a. (Italy), Tanin d.d. (Slovenia), Esseco Srl (Italy), Balchem Inc. (U.S.), Chemtan Company, Inc. (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Europe tannin market is segmented into five notable segments which are bifurcated on tannin type, product type, source, form and application.
- On the basis of tannin type, the Europe tannin market is segmented into gallotannins (GTS), ellagitannins (ETS), proanthocyanidins (PAS) or condensed tannins (CTS) and complex tannins.
- On the basis of product type, the Europe tannin market is segmented into, hydrolysable, non-hydrolysable and phlorotannin.
- On the basis of source, the Europe tannin market is segmented into plant source, brown algae source and synthetic source.
- On the basis of form, the Europe tannin market is segmented into powder and liquid.
- On the basis of application, the Europe tannin market is segmented into beverages, food, dietary supplements, pharmaceutical, animal nutrition, wood adhesive, leather tanning and others.
Major Players
Data Bridge Market Research recognizes the following companies as the Europe tannin market players in Europe tannin market are TANAC (Brazil), UCL Company (Pty) Ltd (South Africa), Eaton (Ireland), Ajinomoto OmniChem (Belgium).
Market Developments
- In 2021, Evonik Industries established a strategic partnership with Rajulene GmbH, a specialist in natural plant extracts, particularly focusing on plant-based tannins. This partnership allows Evonik to leverage Rajulene's expertise in natural ingredients, particularly tannins, which have diverse applications across various industries. It aligns with Evonik's commitment to sustainable and environmentally friendly solutions, enhancing its capabilities in delivering innovative products and services in line with market demands and environmental considerations.
- In June 2021, Enartis introduced the Easytech product line, streamlining winery operations with simplified preparation methods. This innovation made winemaking more straightforward and reduced the resources required for product preparation, including equipment, energy, water, and tannin extraction. By enhancing operational efficiency and sustainability, this launch significantly contributed to the company's revenue growth and reinforced its position in the industry.
- In 2020, Tannin Corporation unveiled a joint venture with the U.S.-based company, B&D Nutritional Ingredients, Inc. The collaboration's primary goal was to create and introduce a novel range of dietary supplements harnessing the potential of tannins. By combining their expertise, the companies sought to explore tannins' health and nutritional benefits, capitalizing on the growing demand for natural and functional dietary supplements in the market.
- In 2020, Silvateam S.p.A. revealed plans to expand its tannin production capacity in Brazil. The expansion initiative was driven by the increasing demand for tannin products in various sectors, including the food and beverage, cosmetic, and pharmaceutical industries. By increasing its production capacity, Silvateam aimed to better cater to this rising demand, further establishing its presence in these markets and enhancing its ability to serve customers' tannin requirements.
- In 2020, Laffort SA made a significant move by acquiring Enartis USA, a prominent wine and juice processing product supplier in North America. This strategic acquisition was designed to enhance Laffort's global presence in the tannin market and diversify its product portfolio. By incorporating Enartis USA's expertise and product range, Laffort aimed to reinforce its position in the industry and offer its customers an even broader array of solutions.
Regional Analysis
Geographically, the countries covered in the Europe tannin market report Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.
As per Data Bridge Market Research analysis:
Russia is expected to dominate the Europe tannin market in the forecast period 2022-2029
In 2022, Russia is poised to lead the European tannin market, primarily due to the growing utilization of tannin in wine production. Tannins play a crucial role in enhancing the flavor and mouthfeel of wines, and the Russian wine industry's expansion has boosted tannin demand. This trend positions Russia as a significant player in the European tannin market, reflecting its rising prominence in the wine production sector.
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