Tannin Market - Global Industry Insights, Trends

1
Tannin Market- Global Industry Insights, Trends,
Outlook, and Opportunity Analysis, 20162024
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REPORT DESCRIPTION
Tannin Market Overview Tannin is a biomolecule
extracted from fruits and plants. It can be found
in the seeds, stem tissues, roots, leaves, and
bark of plants. Tannin is most common in
gymnosperm and angiosperm plants. It protects the
plants from predation and helps in the synthesis
of plant hormones. Fruits such as oranges,
grapes, walnuts, pecans, hazelnuts, strawberries,
blueberries, and cranberries have rich content of
tannin. The global tannin market is expected to
grow significantly during the forecast period.
The increasing demand from the various end-use
industries such as leather, wine, and wood
adhesives is the major driving factor for the
growth of tannins market. The anti-oxidation
and decomposition properties of tannins are a
major factor for the demand of tannins in the
leather manufacturing and wine fermenting
industries. The increasing consumption of alcohol
is expected to boost the growth of tannin market.
Moreover, the demand for tannin in the
manufacturing of wood adhesives and medicines is
expected to drive the growth of tannin market
positively over the forecast period.
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REPORT DESCRIPTION

• Tannin Market Overview
• On the basis of source, the global tannin market
  is segmented into
• Brown algae
• Plants
• On the basis product type, the global tannin
  market is segmented into
• Phlorotannins
• Hydrolysable
• Non-hydrolysable
• On the basis application, the global tannin
  market is segmented into
• Anti-corrosive Primers
• Leather tanning
• Wine production
• Wood adhesives
• Others
•    
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REPORT DESCRIPTION
Tannin market outlook Europe holds a dominant
position in tannin market and is expected to
retain its position over the forecast period. The
major demand for tannin is accounted for the
growing wine industry in Europe, particularly in
France. Due to the changing scenario of drinking
amongst the youth, the demand for wine and beer
has increased substantially thereby, increasing
the demand for tannin in the region. According to
the European Union, Europe produced 165,600
hectoliters of wine between 2016 and 2017. With
the increasing demand for alcoholic beverages and
the growing pharmaceutical industry, the need for
tannin is expected to grow substantially over the
forecast period. North America region has the
second largest market of tannin after Europe. The
demand for tannin from the leather industry is a
major reason for positively driving the growth of
tannin market in North America. To Get Discount
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