The global lycopene market is anticipated to grow at a considerable CAGR of 5.9% during the forecast period (2024–2031). 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 – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

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.

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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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