This site uses cookies, including third-party cookies, that help us to provide and improve our services. Read More

Lycopene Market

Lycopene Market

Lycopene Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2028

Lycopene Market

Global lycopene Market Overview

Lycopene is found abundantly in vegetables and red fruits including watermelon, tomato, apricots, pink guava, papaya, grapefruit, asparagus, red cabbage, mango and carrots. Lycopene is an antioxidant, which protects the human body from damage caused by compounds called free radicals.

Further, Lycopene is known for preventing diseases including hypothesis, cancer (prostate cancer, digestive tract cancer, bladder cancer, skin cancer, breast cancer, and cervical cancer), cardiovascular diseases, osteoporosis and other bone disorders, male infertility, hypertension and other human diseases. Global lycopene market is likely to boost in forecast period due to its significant use in the pharmaceutical and food industry. Lycopene also offers benefits in the cosmetics industry.

The leading cosmetic brand L'Oréal Paris uses lycopene in most of their products. Lycopene protects against skin-damaging oxidation. Furthermore, lycopene also shows other benefits including skin elasticity, skin moisturization, skin texture, superficial skin structure and others. Lycopene can prevent or slow down reaction within eye cells that are caused by macular degeneration. However, excess consumption of lycopene shows some minor side-effects on humans including diarrhea, nausea, vomiting, gas and stomach problems. Lycopene haS tremendous opportunities in three major industry, and with the right R&D, its market is likely to boost in the future.

Global lycopene market is likely to register higher-digit CAGR over forecast period 

The global market of lycopene is likely to increase in the upcoming forecast period because of its three primary end-use industries including food, pharmaceutical and cosmetic industry. According to Fact.MR, its market is likely to grow at an average higher-digit CAGR (compound annual growth rate) in the forecast period. APEJ dominated the global market for lycopene in 2017 followed by North America.

Europe and MEA region are expected to witness a sizable rise in the overall sales of lycopene. Countries including China, Japan and Germany are expected to witness a significant market share of lycopene due to manufacturing companies and research facilities for lycopene are concentrated in these countries.

Know More Details About the Report

Increasing demand for lycopene among various industry

Lycopene is a dietary source of carotenoid antioxidant and has attracted significant interest in recent years as a prominent phytochemical with a beneficial role in human health. Lycopene, which offers various end-use benefits and acts as a nourishing and moisturizing agent, is the most effective antioxidant available in the market. Further, it also helps to increase the softness of the skin apart from having excellent wound healing properties. Manufactures and researchers have a lot of opportunities to use lycopene in various products considering its end-use benefits.

The pharmaceutical industry is boosting the market of lycopene. However, the use of lycopene in the cosmetic industry is likely to increase by higher bps in the forecast period. In cosmetic industry, lycopene can be used in creams, lotions, gels, hair care (shampoos, conditioners, and styling), suncare products (sun protection, after-sun & self-tanning), skincare (facial care, facial cleansing, body care, babycare), oral care, others. Lycopene anti-aging benefit is a major driving factor for increasing its demand in the cosmetic industry.

Global lycopene key market players

The global market for lycopene comprises several developers, who are primarily converging on developing advance version on lycopene mainly for increasing its end-use in various industries. Some key market participants are DSM, BASF, Kagome, LycoRed, Kagome, Tomatia, Wellgreen Technology, Xi'an lyphar biotech corp, Chr. Hansen, Koninklijke DSM N.V., Hoffmann-La roche Ltd., General nutrition center company, Jamieson laboratories Ltd., The nature's bounty Co., Bayer AG, Shaanxi huike botanical development Co. Ltd., San-Ei Gen, Licofarma S.r.l., Dangshan sinojuice food, Royal DSM N.V., NBTY and Bayer AG, among other prominent players.

The research report presents a comprehensive assessment of the lycopene market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also includes projections using a suitable set of assumptions and methodologies for lycopene. The research report provides analysis and information according to lycopene market segmented into nature, end use industry, form, and by packaging type

Avail customized purchase options for your needs

The lycopene report covers exhaustive analysis on:

  • Lycopene Market Segments.
  • Lycopene Market Dynamics
  • Lycopene Market Size
  • Supply & Demand of
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Regional analysis for lycopene Market includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics, Eastern Europe, Rest of Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea, Australia & New Zealand, Rest of APEJ)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel, Rest of MEA)

The report is a compilation of first-hand information of qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain for lycopene. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments of lycopene. The report also maps the qualitative impact of various market factors on market segments and geographies.

An Adaptive Approach to Modern-day Research Needs

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size. in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of market
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint.

Global lycopene market segmentation

The lycopene market can be segmented into its nature, end use industry, form, and by packaging type. By nature, global lycopene market can be categorized into naturaland organic. The global lycopene market can be segmented in a different end use industries such as food, pharmaceutical, cosmetic, and others.

Form of the lycopene can be segmented into powder, capsule, and syrup. In packaging type segment global lycopene market is segmented into bottle, bulk, and tetra packaging. The global lycopene market can be segmented on the basis of the geographical region such as North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa (MEA), and Emerging Countries.

Need an Exclusive Report for your Unique Requirement?

Talk Show:

The Rise of Intelligent Packaging

Personalized, Connected and Sustainable

November 18, 2021 11:00-11:45 AM PST (USA & Canada)
This is a LIVE session
Future Market Insights MarketNgage Spring

- Our Clients -

Report Client

- Evaluate How Fact.MR's Report Can Help. -

Is the market research conducted by Fact.MR?

Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.

What research methodology is followed by Fact.MR?

Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.

What are the sources of secondary research?

Fact.MR conducts extensive secondary research through proprietary databases, paid databases, and information available in the public domain. We refer to industry associations, company press releases, annual reports, investor presentations, and research papers. More information about desk research is available upon request.

Who are the respondents for primary research?

Fact.MR speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, and industry experts. For a full list of primary respondents, please reach out to us.

Is a sample of this report available for evaluation?

Yes, you can request a sample, and it will be sent to you through an email.