Lycopene Market

Lycopene Market Outlook 2025 to 2035

The lycopene market will be worth USD 137.5 million in 2025, according to Fact.MR's analysis shows that the market will expand at a CAGR of 5.5% and reach USD 234.8 million by 2035. The major driver fueling this growth is the growing demand for natural antioxidants in functional foods, dietary supplements, and cosmetics, as well as increasing health awareness towards chronic disease prevention and skin care.

The demand is growing continuously as consumers and industries realize the high antioxidant activity of this endogenous carotenoid. Lycopene is extracted from tomatoes and red fruits and is becoming a vital ingredient in nutritional supplements, functional foods and beverages, cosmetics, and fortified foods.

As there is a need for plant-based health options, lycopene's potential to maintain cardiovascular health, immune health, and UV light protection from damage to the skin is increasing more of its use across a wide range.

Premiumization and clean-label trends are redefining the game, with increasingly more consumers looking for organic and non-synthetic alternatives. Businesses are heavily investing in natural extraction methods, such as supercritical CO2 extraction, to ensure high purity, bioavailability, and sustainability. Advances are expanding the applications beyond generic supplements, integrating the compound into beverages, confectionery, and personal care products for anti-aging and general health.

Regionally, North America and Europe dominate consumption, supported by robust functional food industries and broad recognition of the benefits of natural antioxidants. In contrast, Asia-Pacific is becoming a rapidly growing region, fueled by accelerating urbanization, increasing disposable incomes, and developing health supplement penetration.

The growing middle-class regions in India and China are especially driving demand for natural antioxidant-functional foods and dietary supplements. Yet, supply chain volatility due to the seasonality of tomato production, price fluctuations, and regulatory scrutiny of health claims are ongoing challenges.

Companies that focus on clean-label product innovation, maintain sustainable raw material sourcing, and build clinical evidence of the health benefits of lycopene will be well-placed to capitalize on the dynamic and expanding global lycopene market.

Key Metrics

Fact.MR Survey Results: Industry Dynamics Based on Stakeholder Perspectives

Players in the lycopene market are calling for product innovation and strategic alliances to harness increasing consumer demand for clean-label and multifunctional health products. Around 84% of the players called for building high-purity natural extracts from non-GMO sources as a priority, while 77% called for the incorporation of lycopene into cardiovascular, anti-aging, and skin health uses.

Another 70% stressed forging alliances with cosmetic and nutraceutical firms to broaden the product range. Trends in the region suggest that North America dominates dietary supplement and functional beverage innovation, Europe focuses on sustainability and clean-label certification, and Asia-Pacific places importance on cost and local manufacturing.

Supercritical CO2 extraction technology is being adopted increasingly, as 62% of companies are investing in improving yield and purity. Supply chain challenges persist, most importantly raw material volatility and certification hurdles. Clinically approved health claims, multiple functionality product development, and DTC expansion are the areas of future investment.

Stringent regulations on health claims and ingredient labeling in the USA, Europe, and Asia are reshaping the industry. Clean-label technology, sustainably sourced companies, and clinically supported companies are best positioned to drive as the global lycopene market rapidly shifts toward functional foods, anti-aging beauty, and wellness-driven consumer categories.

Shifts in the Market from 2020 to 2024 and Future Trends 2025 to 2035

From 2020 to 2024, the Lycopene Market further developed due to the increased application of natural antioxidants in the food, cosmetic, and nutrition supplement sectors. Buyers drifted heavily towards plant-based and clean-label solutions, leading to increasing demand for naturally produced lycopene derived from plant-based sources like tomatoes.

Perception of the benefits of lycopene to cardiovascular function and aging also broadened during this period. Foodstuffs and food supplements were the most prevalent areas of application, especially in the developed economies of Europe and North America.

Between 2025 and 2035, the lycopene market will shift with more focus on organic formulations and multifunctional blends of products. Lycopene penetration in functional drinks, pharmaceutical formulations, and advanced cosmetic products will be greater. Asia-Pacific and Latin American region demand will increase due to higher health awareness and disposable incomes.

Trends will be about green extraction technology, improvement of bioavailability, and co-formulation with other nutraceuticals. Promoting natural additives and preventive healthcare by the regulator will also drive long-term adoption and commercialization.

A Comparative Market Shift Analysis 2020 to 2024 vs. 2025 to 2035

Country-wise Analysis

The USA

The USA lycopene market is expected to grow at 7.3% CAGR during the study period. Increasing consumer focus on preventive healthcare and the rising popularity of antioxidant-rich dietary supplements are primary drivers. Strong demand for functional foods and nutraceuticals enriched with this compound is expanding opportunities.

Growing scientific validation of its health benefits, particularly for heart health, skin protection, and cancer prevention, is enhancing consumer trust. Innovation in supplement formulations, including gummies, capsules, and functional beverages, is boosting adoption. The expansion of online and health store retailing is improving accessibility and supporting steady growth throughout the forecast period.

UK

The UK lycopene market is expected to grow at 6.9% CAGR during the study period. Increasing preference for natural antioxidants and a growing focus on healthy aging are strengthening demand for related products. Rising consumption of functional foods and dietary supplements supporting cardiovascular health, immunity, and skin wellness is fueling the industry.

Innovation in plant-based and clean-label supplements is aligning well with consumer expectations. The expansion of applications into beauty and personal care products further broadens the scope. Distribution growth across pharmacy chains, supermarkets, and online platforms is supporting consistent sales expansion during the forecast period.

France

The French lycopene market is expected to grow at 6.5% CAGR during the study period. Rising health consciousness and emphasis on natural nutrition are supporting the demand for supplements and fortified foods containing antioxidants. Increased adoption of plant-based diets and functional foods enriched with natural compounds is creating growth opportunities.

Public health initiatives promoting heart health and cancer prevention are reinforcing the industry’s positive outlook. The expansion of applications into functional beverages, skincare products, and dietary supplements is diversifying product availability. Strengthened distribution through health food stores and online wellness platforms is expected to sustain momentum through 2035.

Germany

The German lycopene market is expected to grow at 6.7% CAGR during the study period. Germany’s strong inclination toward preventive health and natural supplements is fostering robust demand. Rising consumer awareness regarding the benefits of antioxidants for skin health, cardiovascular protection, and immune support is expanding industry size.

Innovation in functional foods, drinks, and personal care products incorporating the ingredients is enhancing product diversity. Growing research on its role in disease prevention is encouraging wider usage across healthcare and wellness sectors. Expansion of organic and vegan supplement options aligns with consumer lifestyle trends, supporting steady growth during the forecast period.

Italy

The Italian lycopene market is expected to grow at 6.4% CAGR during the study period. Italy’s rich Mediterranean dietary traditions, emphasizing natural antioxidant intake, provide a strong foundation for growth. Increasing demand for supplements targeting cardiovascular health and skin wellness is driving product innovation.

The rising popularity of plant-based and organic nutraceuticals is encouraging manufacturers to develop rich formulations. Distribution through pharmacies, specialty health stores, and online channels ensures broad accessibility. Growing emphasis on functional foods that complement traditional diets supports the consistent expansion of the lycopene market during the forecast period.

South Korea

The South Korean lycopene market is expected to grow at 7.1% CAGR during the study period. Rapidly increasing health consciousness and a cultural focus on beauty-from-within solutions are significantly driving expansion. Rising consumer demand for antioxidant supplements targeting skin health, anti-aging, and overall wellness is creating substantial growth opportunities.

Innovation in infused cosmetics, functional foods, and supplements is enhancing industry appeal. Strong digital retail presence and targeted marketing campaigns are improving product visibility among tech-savvy consumers. Increasing integration into skincare regimes and wellness products is expected to support robust growth through 2035.

Japan

The Japanese lycopene market is expected to grow at 6.6% CAGR during the study period. Japan’s aging population and increasing interest in health maintenance and disease prevention are fueling demand for products. The rising popularity of functional foods and supplements aimed at cardiovascular support, skin health, and immune system enhancement is expanding the industry.

Technological advancements in supplement formulation are enhancing bioavailability and absorption, improving product efficacy. Collaboration between the food, pharmaceutical, and cosmetics industries is diversifying application areas. The expansion of enriched skincare and wellness products is expected to drive steady growth in the forecast period.

China

The Chinese lycopene market is expected to grow at 8.0% CAGR during the study period. Rapid urbanization, rising disposable incomes, and increasing health and wellness awareness are significantly boosting demand for related products. The expansion of preventive healthcare and functional foods industries is creating strong opportunities. Rising interest in natural antioxidants for skincare, cardiovascular health, and anti-aging purposes is promoting the development of rich supplements and beverages.

Domestic and international companies are investing in innovative product formulations and expanding their e-commerce presence to capture growing consumer demand. Public health initiatives encouraging antioxidant consumption are expected to drive growth further.

Australia-New Zealand

The Australia-New Zealand lycopene market is expected to grow at 6.3% CAGR during the study period. Rising focus on natural and functional health products is driving growth across Australia and New Zealand. The growing popularity of preventive healthcare and anti-aging supplements supports the demand for related products.

The expansion of health and organic food stores, coupled with a strong e-commerce network, is improving product accessibility. Increasing consumer education regarding the benefits of antioxidants for heart health, skin protection, and overall wellness is fostering steady growth. Innovations in clean-label and plant-based supplement options are expected to maintain momentum during the forecast period.

Segment-wise Analysis

By Nature

Natural and Organic segments characterize the Lycopene Market in 2025. Natural Lycopene is forecasted to capture around 70% of the share, while Organic Lycopene is likely to have a share of 30%.

The natural segment occupies a leading position due to its ease of access and cost. Natural lycopene is obtained from tomatoes, watermelons, and several other sources and is incorporated into dietary supplements, functional foods, and beverage products. The manufacturers use it as a good supply availability and price-stable form of bukree.

As antioxidant properties, they are utilized widely in the food industry and, therefore, in the drink industry with health benefits, skincare, and total health properties. Leading companies like DSM, BASF, and LycoRed produce natural lycopene obtained from tomato extract and other plant resources. Natural lycopene is also used in the cosmetic industry for anti-aging products and skin protection formulations.

Organic lycopene is only 30% of the total volume sold. Still, it has attracted a section of health-conscious consumers who are into clean-label, non-GMO, and sustainable ingredients. Organic lycopene comes from tomatoes and other crops that are grown without any synthetic fertilizers or other pesticides.

The increasing demand for organic and natural products, especially in North America and Western Europe, has made organic lycopene an ideal ingredient in premium dietary supplements and cosmetics. Some examples of brands offering organic products include NutraScience Labs, Greenleaf BioTech, and Hindustan BioTech, which generally cater to the wellness industries, emphasizing organic, vegan, and eco-friendly ingredients.

By Form

In 2025, the Lycopene market is projected to be segmented by form: Powder and Capsules. Powders are estimated to retain the largest share at 45%, whereas Capsules account for 35%.

The powder form is the most popular segment owing to its adaptability and easy application in many uses. It is used equally in food and beverage products, dietary supplementation, and functional food. Lycopene powder can easily be administered in powdered drink mixes, protein powders, and meal replacement products. It also allows easy storage and transport as it has a longer shelf life compared with liquid formulations.

Major companies such as LycoRed, BASF, and DSM manufacture lycopene powder, which food manufacturers and supplement makers massively consume without processing. It proves to be very easy to mix with several formulations, which is why most of them prefer it.

Capsules are well suited for 35% of the range as they are suitable for those consumers who want a specific amount of lycopene in their health regimen each day. Solid lyophilized lycopene is found in health diet supplements for an easy and steady way to gain the antioxidant effect of lycopene without any hassles.

The encapsulated form is particularly favored by wellness and personal care sectors, typically marketed as supplements for heart health, skin protection, and anti-aging. Some of the names that come to mind are Solgar, Nature's Way, and Swanson, which manufacture their lycopene in capsules to cater to a population who want certain health benefits in a convenient and easy-to-carry form.

Competitive Outlook

The lycopene market is characterized by a blend of multinational life sciences companies and specialty ingredient manufacturers focused on natural sources, bioavailability improvement, and broader nutraceutical applications. DSM has the largest share as extensive research capabilities and formidable product portfolios in health and nutrition back it. The balance of synthetically and naturally sourced lycopene gives it the ability to cater to a wide range of food and beverage supplement needs.

BASF will have an edge through its proprietary formulations for improving the solubility and stability of lycopene, specifically for functional food and beverage applications. Kagome, with its advanced agricultural expertise, possesses vertical supply chains from tomato cultivation to extract production, thereby ensuring high-purity lycopene for food-grade and pharmaceutical-grade segments.

LycoRed and Wellgreen Technology are very devoted to natural lycopene extraction innovations with sustainable non-GMO sources. In particular, LycoRed widened the boundaries of its microencapsulation technology development for lycopene application versatility. Meanwhile, companies like Nature's Bounty Co., Jamieson Laboratories Ltd., and General Nutrition Center Company are contributing to the expansion of the lycopene market through the increasing adoption of lycopene in wellness supplements. As these companies invest in patented formulations and target the growing demand for natural antioxidants across regions, competition is becoming fiercer.

Market Share Analysis by Company

Key Company Insights

DSM dominates the lycopene market with an estimated 22-26% share, driven by its diversified portfolio of synthetic and naturally derived ingredients. Its emphasis on clinical validation and regulatory compliance has solidified its partnerships across the nutraceutical, pharmaceutical, and food industries, while continued investment in sustainable sourcing amplifies its competitive moat.

BASF captures roughly 18-22% of the share, leveraging patented technology platforms that enhance lycopene's stability and bioavailability in end-user applications. Through its expanded Life Nutrition division, BASF strengthens its footprint in functional foods, beverages, and dietary supplements that demand high-efficacy antioxidants.

Kagome secures 12-16% of the industry, differentiating itself through complete supply chain integration, from agricultural production to extraction. Its reputation for high-purity, non-GMO lycopene positions Kagome as a preferred partner for clean-label brands seeking traceable ingredients. LycoRed holds approximately 10-13% share and also remains a key innovator in natural extraction.

Advancements in encapsulation technologies and water-dispersible lycopene forms have significantly expanded their reach across functional beverage and fortification industries. Wellgreen Technology maintains an 8-10% share by focusing on cost-effective, plant-based extracts primarily for the Asian and European nutraceutical industries. Its scalability and price competitiveness appeal to brands seeking value-driven natural antioxidants.

Key Players

• DSM
• BASF
• Kagome
• LycoRed
• Wellgreen Technology
• Koninklijke DSM N.V.
• Hoffmann-La Roche Ltd.
• General Nutrition Center Company
• Jamieson Laboratories Ltd.
• The Nature's Bounty Co.
• Bayer AG
• San-Ei Gen
• Licofarma S.r.l.
• Royal DSM N.V.

Segmentation

• By Nature:

  • Natural Lycopene
  • Organic Lycopene

• By Form:

  • Powder Lycopene
  • Lycopene Capsules
  • Lycopene Syrup

• By Packaging:

  • Bottles
  • Bulk
  • Tetra Packaging

• By End Use:

  • Food
  • Pharmaceuticals
  • Cosmetics
  • Others

• By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa