Middle East and Africa Tannin Market Overview
Middle East and Africa Tannin market size was calculated to be USD xx million in 2020 and is predicted to reach USD xx million by the end of the assessment period. The regional market is anticipated to record a moderate growth rate throughout the calculated period from 2021 to 2026.
Tannins are present in different species of the plant kingdom. The best-known appearance of tannins is found in angiosperms and gymnosperms. Different species that also have complete tannins include aceraceae, grossulariaceae, actinidiaceae, bixaceae, and so on. Dense tannins are the most abundant organic mixtures, found in all plant groups. Hydrolyzable tannins when heated form gallic acids. These products have valuable antibacterial effects and are therefore also used in the production of pharmaceuticals. Recent research has also suggested that hydrolyzables are useful against tumors. Non-hydrolyzable products are also called consolidated tannins. These products are detailed when the factory is consolidated.
Impact of COVID-19 on Middle East and Africa Tannin Market:
Although all industries worldwide have been affected in some way by COVID-19, industries like supermarkets, technology, and healthcare sectors are booming. But they are booming to the point of struggling to meet unprecedented demand. From large cuts of primary meats to whole chickens and rolls of commercial-sized toilet paper, mass supply chains take the time to adapt to rapidly changing consumer demand in the market. Problems with the global supply chain affect everything from purchasing plastic packaging and takeaway cartons to a lack of toilet paper. From the industry to the consumer, these supply chain issues impact and prevent consumers from getting what they want, where, when, and how they want it. This same spill process also occurs in the broader context of society, technology, the environment, the economy, and technology that directly affect consumer purchasing behavior. We are seeing that these behaviors are changing faster than ever as the world struggles to adapt to this pandemic.
Market Drivers and Restraints:
Factors driving the growth of the MEA tannin industry include demand from the food and beverage industry, the advent of new technologies and R&D activities in the automotive industry, and the growing demand for wood adhesives. Tannin is used to clarify the production of wine and beer. In addition, tannin is naturally present in the skin, seeds and stem of the grapes from which the wine is made. Tannin, a kind of an astringent biomolecule is obtained from plants and fruits. It is found in various parts of plants, such as the bark, seeds, stem tissue, roots, and leaves. Plants have an abundant content of tannins, which protects them from predation and also contributes to their growth regulation. Fruits rich in tannins include blueberries, blueberries, strawberries, hazelnuts, walnuts, walnuts, grapes, and oranges. The surge in the call leather in the automotive sector should stimulate the MEA tannin market in the expected years. The need for tannin is also augmenting in the medical industry because of its astringent and other beneficial characteristics. On the other hand, certain factors can hinder the growth of the market, in particular the toxic properties of tannin in humans.
The MEA tannin industry can be explored by source, product type, application, and geography.
The market can be explored by sources such as brown algae and plants. The brown algae fragment accounted for the leading portion in the regional market in 2018 and is supposed to keep its dominance by 2025.
The regional market is divided by application as wine production, leather tanning, anti-corrosion primers, wood adhesives and others. The leather tanning segment recorded the leading percentage in the MEA tannin market in 2018 and is foreseen to continue its dominion by 2025 due to increasing customer awareness of the benefits of tannin and various applications in clothing, car seats, and furniture.
The market could be explored according to the type of product as hydrolyzable, florotanino and non-hydrolyzable. The hydrolyzable segment dominated the regional industry in 2018 and should maintain its dominance in 2025 due to its antibacterial properties.
The market for Middle East and Africa tannin market has been classified on the basis of geography to understand the happenings in this market. The Middle East and Africa market has been divided into the areas of South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, and Rest of Middle East and Africa. The region of Middle East and Africa is expected to show significant growth. Forgiving regulations in these markets also help increase demand and encourage foreign players to invest, making the market more competitive.
TANAC SA had the largest share of the MEA tannin market in terms of sales and revenue in 2019.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Tannin Market, By Source
6.1.2 Brown Algae
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Tannin Market, By Application
6.2.1 Leather Tanning
6.2.2 Wine Production
6.2.3 Wood Adhesives
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Tannin Market, By Product
6.3.4 Market Size Estimations & Forecasts (2019-2024)
6.3.5 Y-o-Y Growth Rate Analysis
6.3.6 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 Middle East and Africa
7.2.1 By Country
184.108.40.206 Middle East
7.2.2 By Source
7.2.3 By Application
7.2.4 By Product
8. Key Player Analysis
8.1 Tannin Corporation
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 S.A. Ajinomoto OmniChem W. Ulrich GmbH
8.3 Forestal Mimosa Ltd
8.4 Tanac S.A
8.5 Ever s.r.l.
8.6 Silvateam SpA
8.7 Polson Ltd
8.8 Laffort S.A
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures