The tannin market size in Europe was valued at USD 800 million in 2023. The European market is expected to grow at a CAGR of 4.99% from 2024 to 2032 and be worth USD 1.24 billion by 2032 from USD 0.84 billion in 2024.
Tannin is mainly extracted from the bark of hemlock, chestnuts, mangroves, and oaks. Blueberries, strawberries, walnuts, grapes, and oranges are also a rich source for this product. These plants and fruits are readily available and the extraction process is very simple. This factor could accelerate growth in market size in the future. According to the analysis, the hydrolyzable variant of tannin acts as a cancer inhibitor. Condensate is widely used in the leather industry. Florotannine is used in the pharmaceutical industry because it has oxidizing properties and precipitates proteins. Key properties associated with tannin comprise radiation protection, anti-cancer, anti-oxidation, and anti-diabetic.
Condensed tannins are considered as the prominent organic compounds that can be extracted from almost all kinds of plant varieties. Hydrolyzable tannins form gallic acids when exposed to heating. These products have several antibacterial properties and are used in the making of pharmaceuticals. Recent studies have also suggested that hydrolyzables are effective against cancer. Non-hydrolyzable products are also called condensed tannins. Tannins are insoluble proteins and do not break down. Due to this property, they are used for the manufacture of leather. The demand for leather is growing because of its adoption in automobile, furniture, and clothing. The increase in people's disposable income and the growing demand for leather products should boost the growth of the industry. Tannins have high antioxidant properties that are necessary for wine production. It stabilizes the color of the wines and gives it the desired structure. These extracts aid the wines in age in a better manner, fermenting properly, and receiving an alluring aroma. The increase in alcohol production and its simultaneous consumption are factors that should boost the market in the next nine years. The increasing manufacture of wood products has led to a high demand for wood adhesives. They are also used in the manufacture of wood adhesives thanks to the adoption of the Non-hydrolyzable tannins. Wood adhesives play a pivotal role in the end-uses of construction, furniture, and musical instruments.
The Europe tannin market is deemed to progress significantly over the forecast period. The leather and pharmaceutical sectors are the major verticals with the increased usage of leather, which is supported by the rising per capita spending and the availability of leading players in the locale. These factors should boost the European tannin industry to some extent. These tannins bind well to alkaloids, amino acids, and proteins. Due to these features, they found immense applications in industries like leather tanning, wine processing and wood adhesives. Tannin extracts obtained from oaks, quebracho and mimosas are used for the manufacture and treatment of leather. The wine industry needs a large number of extracts for winemaking and aging. Aged wines are a high-end product and to some, it considered as their status symbol. The increase in disposable income and the willingness to pay a considerable sum for high-end products such as wine are spurring the growth of the wine industry, benefiting the demand for wine applications. Companies invest in R&D activities and strive to develop a green manufacturing process. The development of new technologies, along with constant improvements, drives the growth of the European market.
Europe was the most significant region, accounting for around 40% of total turnover in previous years. The wine industry in this area is well-established; therefore, the call for tannin is also high. France, in particular, has a well-established wine industry and, therefore, has a significant share of the local tannin market.
Tannin Corporation, Forestal Mimosa Ltd, S.A. Ajinomoto OmniChem W. Ulrich GmbH, Tanac S.A, Ever s.r.l., Silvateam SpA, Polson Ltd, and Laffort S.A. are a few of the promising companies in the Europe tannin market.
This research report on the European tannin market is segmented and sub-segmented into the following categories.
By Source
By Product
By Application
By Country
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