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LAMEA Tannin Market Size, Share & Trends Analysis Report By Source (Plants, and Brown Algae), By Product (Hydrolysable, Non-hydrolysable, and Phlorotannin), By Application, By Country and Growth Forecast, 2023 - 2030

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    Report

  • 126 Pages
  • March 2024
  • Region: Africa, Middle East
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5949557
The Latin America, Middle East and Africa Tannin Market would witness market growth of 7.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 272.82 Hundred Tonnes, showcasing a growth of 7.0% (2023-2030).

Non-hydrolysable tannins, also known as condensed tannins or proanthocyanidins, are characterized by their polymerized structure derived from flavan-3-ol units, such as catechin and epicatechin. These are found in various plant sources, including tree barks, fruits, seeds, and leaves, with notable examples being grape seeds, tea leaves, and pine bark. Therefore, the Brazil Market consumed 18.56 hundred tonnes of Non-hydrolysable tannins in 2022.



The Brazil market dominated the LAMEA Tannin Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $82.8 Million by 2030. The Argentina market is showcasing a CAGR of 7.7% during (2023 - 2030). Additionally, The Chile market would register a CAGR of 8.7% during (2023 - 2030).

Companies are exploring new applications and delivery systems for these, expanding their use beyond traditional industries and unlocking new opportunities in pharmaceuticals, personal care, and environmental remediation. In addition, consumers are increasingly seeking transparency and traceability in their products, including information about ingredients, sourcing practices, and production methods.

Companies in the market are responding to this trend by implementing transparent supply chains, sustainable sourcing practices, and certifications that validate the authenticity and quality of their products. Companies must adhere to regulatory guidelines governing the use of these in food, beverages, pharmaceuticals, cosmetics, and other products, ensuring safety, efficacy, and compliance with labelling requirements.

The growing pharmaceutical industry in Saudi Arabia could also impact their supply chain dynamics. With increased demand, there might be a need for more efficient sourcing and production methods to meet the requirements of pharmaceutical manufacturers. According to the International Trade Administration (ITA), Saudi Arabia accounts for nearly 60 percent of the pharmaceutical products purchased by the Gulf Cooperation Council (GCC). In conclusion, the expansion of the pharmaceutical industry and the growing food and beverage industry in the region is propelling the market’s growth.

Based on Source, the market is segmented into Plants, and Brown Algae. Based on Product, the market is segmented into Hydrolysable, Non-hydrolysable, and Phlorotannin. Based on Application, the market is segmented into Leather Tanning, Wood Adhesives, Wine Production, Anti-corrosive Primers, and Others. Based on countries, the market is segmented into Brazil, Argentina, Chile, Egypt, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

  • Tannin Corporation
  • Ajinomoto Co., Inc.
  • Esseco S.r.l
  • UCL Company (Pty) Ltd
  • LAFFORT
  • W.Ulrich GmbH
  • TANIN d.d. Sevnica.
  • Silvateam S.p.a.
  • Indena S.p.A.
  • Sisco Research Laboratories Pvt. Ltd.

Market Report Segmentation

By Source (Volume, Hundred Tonnes, USD Billion, 2019-2030)
  • Plants
  • Brown Algae
By Product (Volume, Hundred Tonnes, USD Billion, 2019-2030)
  • Hydrolysable
  • Non-hydrolysable
  • Phlorotannin
By Application (Volume, Hundred Tonnes, USD Billion, 2019-2030)
  • Leather Tanning
  • Wood Adhesives
  • Wine Production
  • Anti-corrosive Primers
  • Others
By Country (Volume, Hundred Tonnes, USD Billion, 2019-2030)
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Tannin Market, by Source
1.4.2 LAMEA Tannin Market, by Product
1.4.3 LAMEA Tannin Market, by Application
1.4.4 LAMEA Tannin Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Tannin Market by Source
4.1 LAMEA Plants Market by Country
4.2 LAMEA Brown Algae Market by Country
Chapter 5. LAMEA Tannin Market by Product
5.1 LAMEA Hydrolysable Market by Country
5.2 LAMEA Non-hydrolysable Market by Country
5.3 LAMEA Phlorotannin Market by Country
Chapter 6. LAMEA Tannin Market by Application
6.1 LAMEA Leather Tanning Market by Country
6.2 LAMEA Wood Adhesives Market by Country
6.3 LAMEA Wine Production Market by Country
6.4 LAMEA Anti-corrosive Primers Market by Country
6.5 LAMEA Others Market by Country
Chapter 7. LAMEA Tannin Market by Country
7.1 Brazil Tannin Market
7.1.1 Brazil Tannin Market by Source
7.1.2 Brazil Tannin Market by Product
7.1.3 Brazil Tannin Market by Application
7.2 Argentina Tannin Market
7.2.1 Argentina Tannin Market by Source
7.2.2 Argentina Tannin Market by Product
7.2.3 Argentina Tannin Market by Application
7.3 Chile Tannin Market
7.3.1 Chile Tannin Market by Source
7.3.2 Chile Tannin Market by Product
7.3.3 Chile Tannin Market by Application
7.4 Egypt Tannin Market
7.4.1 Egypt Tannin Market by Source
7.4.2 Egypt Tannin Market by Product
7.4.3 Egypt Tannin Market by Application
7.5 South Africa Tannin Market
7.5.1 South Africa Tannin Market by Source
7.5.2 South Africa Tannin Market by Product
7.5.3 South Africa Tannin Market by Application
7.6 Nigeria Tannin Market
7.6.1 Nigeria Tannin Market by Source
7.6.2 Nigeria Tannin Market by Product
7.6.3 Nigeria Tannin Market by Application
7.7 Rest of LAMEA Tannin Market
7.7.1 Rest of LAMEA Tannin Market by Source
7.7.2 Rest of LAMEA Tannin Market by Product
7.7.3 Rest of LAMEA Tannin Market by Application
Chapter 8. Company Profiles
8.1 Tannin Corporation
8.1.1 Company Overview
8.1.2 SWOT Analysis
8.2 Ajinomoto Co., Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental & Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 SWOT Analysis
8.3 Esseco S.r.l
8.3.1 Company Overview
8.3.2 SWOT Analysis
8.4 UCL Company (Pty) Ltd
8.4.1 Company Overview
8.4.2 SWOT Analysis
8.5 LAFFORT
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 W. Ulrich GmbH
8.6.1 Company Overview
8.6.2 SWOT Analysis
8.7 TANIN d.d. Sevnica.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Silvateam S.p.A.
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Indena S.p.A.
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Sisco Research Laboratories Pvt. Ltd.
8.10.1 Company Overview
8.10.2 SWOT Analysis

Companies Mentioned

  • Tannin Corporation
  • Ajinomoto Co., Inc.
  • Esseco S.r.l
  • UCL Company (Pty) Ltd
  • LAFFORT
  • W. Ulrich GmbH
  • TANIN d.d. Sevnica.
  • Silvateam S.p.a.
  • Indena S.p.A.
  • Sisco Research Laboratories Pvt. Ltd.

Methodology

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