Tannin Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Tannin Market was valued at USD 2.2 billion in 2020 and is expected to grow at a CAGR of 6% between 2021 and 2027. The global tannin market is isolated as a source of natural and synthetic tannic acid extracts and its applications include food and beverage, pharmaceuticals, leather and other animal feed, physiotherapy and use in the chemical industry. The food and beverage sector may further branch into wine, RTD beverages and others. In addition, it provides research and analysis of the tannin market in emerging markets around the world including North America,Europe,Asia-Pacific,South America and the Middle East&Africa.

By product, it was 282.4 kilotons in 2015 in the U.S. and is expected to grow significantly during the forecast period. Taking into account the rise in disposable income and the presence of major players in the region, the demand for leather manufacturing and pharmaceutical industries is increasing. These factors are expected to propel the region’s industry.

The three main forms include hydrolyzable, non-hydrolyzable and chlorotannin. This tannin combines well with alkaloids, amino acids and proteins. Because of these properties it finds applications in a variety of industries, including winemaking, leather tanning and wood adhesives. Tannin extracts obtained from oak quebracho and mimosa trees are used in the manufacture and processing of leather.

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Top Major Key Players industries

S.A. Ajinomoto OmniChem N.V
Laffort
EVER s.r.l.
Tannin Corporation
Silvateam S.p.a.

By Source

Plants
Brown Algae

By Product

Hydrolysable
Non-hydrolysable
Phlorotannins

By Application

Leather Tanning
Wine Production
Wood Adhesives
Anti-corrosive Primers
Others

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Scope of the Report

The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume

Key Questions Answered by Warehousing Logistics Robots Market Report

What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

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