Lycopene Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

The global lycopene market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2023–2030). Lycopene is a type of organic pigment called a carotenoid. It is connected to beta-carotene and is responsible for the red colour of several fruits and vegetables, including tomatoes. Strong antioxidant lycopene may help shield cells from deterioration. It is used to treat a variety of illnesses, including cancer, high blood pressure, and excessive cholesterol. The growth of the market is attributed to growing awareness consuming the natural antioxidant lycopene can help prevent diseases that influence human health.  According to MDPI, Lycopene requires to be a regular part of the meals we eat. The liver, adrenals, and prostate hold the majority of the lycopene that is ingested. 

Additionally, a lesser concentration of it can be found in other bodily areas such the brain and skin. Ageing and several pathological conditions, such as cardiovascular diseases (CVDs), reduces the bioavailability of lycopene.  It has been recommended that its supplementation—through a variety of channels, like pasteurised watermelon juice—increase its circulating serum level in populations in need. Surprisingly, among the various natural antioxidants, carotenoids have the largest concentration in the serum and tissues. Additionally, one study on Americans found that lycopene is the most abundant carotenoid in plasma and tissues. Furthermore, lycopene is the most effective antioxidant, followed by astaxanthin (among the many carotenoids). It is a crucial ROS (reactive oxygen species) deactivator. For instance, it has a two- and ten-fold greater capacity to remove singlet oxygen than beta-carotene and alpha-tocopherol, respectively. The health advantages of lycopene have drawn growing attention in recent years. It is not simply a strong antioxidant; several systematic reviews and meta-analysis studies have evaluated and endorsed its positive effects in the prevention and treatment of a wide range of ailments. 

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Market Coverage

                 The market number available for – 2022-2030

                 Base year- 2022

                 Forecast period- 2023-2030

Segment Covered- 

       By Form

       By Nature

       By Application

Regions Covered-

       North America

       Europe

       Asia-Pacific

       Rest of the World

Competitive Landscape- BASF SE,  Informa PLC, DDW, Inc., Dhler GmbH, E.I.D. Parry Ltd, and others.

A full Report of Lycopene Market is Available @  https://www.omrglobal.com/industry-reports/lycopene-market

Lycopene Market Report Segment

By Form

       Beadlets

       Oil suspension

       Powder

       Emulsion

By Source

       Natural

       Synthetic

By Application

       Dietary supplements

       Food and beverages

       Personal care products

       Pharmaceuticals

By Property

       Health Ingredient

       Coloring Agent

Lycopene Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

       Latin America

       Middle East and Africa 

Company Profiles

       BASF SE

       Informa PLC

       DDW, Inc.

       Dhler GmbH

       E.I.D. Parry Ltd

       Farbest Brands

       Hindustan Mint and Agro Products Pvt. Ltd.,

       Hunan Sunshine Bio-Tech Co., Ltd

       DSM

       Licofarma S.r.l.

       Lycored Corp.

       Pioneer Enterprise

       Plamed Green Science Group

       SV International LTD

       San-Ei Gen F.F.I., Inc

       Kingsci Biotechnology Co., Ltd

       Wellgreen Technology Co. Ltd

       Xian Pincredit Biotech Co Ltd

       Zhejiang ICP Bei

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