The Global Lycopene market is bolstering the growth due to emerging cardiovascular diseases and changing consumer eating habits
The global lycopene market has the potential to grow with USD 126 million and with historical CAGR in the forecast period from 2020-2027. The increase in the prevalence of prostate cancer is one of the main drivers of the increased demand for lycopene. Coupled with the growing demand for natural cosmetics is expected to increase lycopene sales.
Lycopene is a red carotenoid pigment that is abundant in tomatoes and other red fruits. Lycopene is an effective antioxidant, so it used in various industries such as food, beverages, dietary supplements, functional foods, animal nutrition, cosmetics, and pharmaceuticals. It is non-toxic and has an intense color, so it is used for food coloring.
Moreover, lycopene is a type of carotenoid, a fat-soluble red pigment contained in tomatoes, watermelons, and pink grapefruit. Carotenoids are naturally occurring pigments, which are abundant in green and yellow vegetables, and more than 600 kinds are known today. The antioxidant power that actively removes active oxygen is a characteristic of carotenoids.
Furthermore, under the action of durable antioxidant power, lycopene has the effects of lowering blood sugar level, preventing arteriosclerosis, improving breathing, beautiful skin, losing weight, maintaining eyesight, etc., as well as preventing the oxidation of LDL cholesterol.
Source overview in the Global Lycopene Market
Based on the source, the global Lycopene market bifurcated into Synthetic, Natural. The synthetic source segment accounted for the largest share in the global lycopene market. It is mainly owing to the usage of the artificial source that is widely adopted by manufacturing companies to produce lycopene. It is quickly produced with low cost and has elementary processing steps as well. Thus, the synthetic source is fueling the market demand for lycopene. Moreover, the natural source will dominate its share in the future market, owing to a change in consumer eating habits.
Application overview in the Global Lycopene Market
Based on the application, the global Lycopene market segmented into Dietary supplements, Food & beverages, Personal care products, Pharmaceuticals. The dietary supplement segment has the largest market share in the global lycopene market. The widely changing dynamics of consumer behavior and the adoption of healthy food without nutritional fibers and other benefits are bolstering the market demand for the global lycopene market.
Form overview in the Global Lycopene Market
Based on the form, the global Lycopene market categorized into Beadlets, Oil suspension, Powder, Emulsion. The beadlets segment accounts for the largest share in the global lycopene market. The beadlets are considered as the most widely used form of lycopene as it contains the highest amount of lycopene it. Therefore, other than different way such as powder, emulsion, and other have lucrative growth than beadlets. Thus, beadlets are propelling the market value for the global lycopene market.
Property Overview in the Global Lycopene Market
Based on the property, the global Lycopene market classified into a Health ingredient, a Coloring agent. The health ingredient property segment accounts for the largest share in the forecast period from 2020-2027 in the global lycopene market. It is mainly owing to rising cases of cancer, and cardiovascular diseases and lycopene have anti-cancer properties used to treat prostate cancer. Moreover, increasing the use of lycopene in a dietary supplement for increasing immunity is bolstering the market segment of health ingredients.
Region Overview in the Global Lycopene Market
Based on geography, the global lycopene market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific expected to hold the largest share of the global stucco market. It is mainly owing to the rising population and increasing awareness about healthy ingredients. Rising demand for sunscreen to protect from ultra-violet rays are also increasing the application of lycopene in the cosmetic industries.
Global Lycopene Market: Competitive Landscape
Companies such as Allied Biotech Corporation, Lycored, DSM, Wellgreen Technology Co Ltd, Divi's Laboratories, San-Ei Gen F.F.I., Inc, Dangshang Sannuo Limited, DDW, Döhler, Farbest Brands, Zhejiang NHU CO. Ltd, EID Parry, Shaanxi Kingsci Biotechnology Co. Ltd, Vidya Herbs, Xi'an Pincredit Biotech Co Ltd, Hunan Sunshine Bio-Tech Co.Ltd, Xi'an Natural Field Bio-Technology Co., Ltd, Plantnat, SV AgroFoods, Plamed Green Science Group and others are key players in the global Lycopene market.
Global Lycopene Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Economic Factor Analysis
4.1.1. Drivers
4.1.2. Trends
4.1.3. Opportunities
4.1.4. Challenges
4.2. Competitors & Product Analysis
4.3. Regulatory Framework
4.4. Company market share analysis, 2019
4.5. Porter's Five forces analysis
4.6. New Investment Analysis
4.7. PESTEL Analysis
5. Global Lycopene Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Source
5.2.1.1. Synthetic
5.2.1.2. Natural
5.2.2. By Application
5.2.2.1. Dietary supplements
5.2.2.2. Food & beverages
5.2.2.3. Personal care products
5.2.2.4. Pharmaceuticals
5.2.3. By Form
5.2.3.1. Beadlets
5.2.3.2. Oil suspension
5.2.3.3. Powder
5.2.3.4. Emulsion
5.2.4. By Property
5.2.4.1. Health ingredient
5.2.4.2. Coloring agent
5.2.5. By Region
5.2.5.1. Europe
5.2.5.2. North America
5.2.5.3. Asia Pacific
5.2.5.4. South America
5.2.5.5. Middle East & Africa
6. Europe Lycopene Market Overview
6.1. Europe Lycopene Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. Europe Lycopene Market Share & Forecast, 2016-2027
6.2.1. By Source
6.2.1.1. Synthetic
6.2.1.2. Natural
6.2.2. By Application
6.2.2.1. Dietary supplements
6.2.2.2. Food & beverages
6.2.2.3. Personal care products
6.2.2.4. Pharmaceuticals
6.2.3. By Form
6.2.3.1. Beadlets
6.2.3.2. Oil suspension
6.2.3.3. Powder
6.2.3.4. Emulsion
6.2.4. By Property
6.2.4.1. Health ingredient
6.2.4.2. Coloring agent
6.2.5. By Country
6.2.5.1. Germany
6.2.5.2. UK
6.2.5.3. France
6.2.5.4. Italy
6.2.5.5. Rest of Europe
6.2.6. Company Market Share (Top 3-5)
6.2.7. Economic Impact Study on Europe Lycopene Market
7. North America Lycopene Market Overview
7.1. North America Lycopene Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. North America Lycopene Market Share & Forecast, 2016-2027
7.2.1. By Source
7.2.1.1. Synthetic
7.2.1.2. Natural
7.2.2. By Application
7.2.2.1. Dietary supplements
7.2.2.2. Food & beverages
7.2.2.3. Personal care products
7.2.2.4. Pharmaceuticals
7.2.3. By Form
7.2.3.1. Beadlets
7.2.3.2. Oil suspension
7.2.3.3. Powder
7.2.3.4. Emulsion
7.2.4. By Property
7.2.4.1. Health ingredient
7.2.4.2. Coloring agent
7.2.5. By Country
7.2.5.1. US
7.2.5.2. Canada
7.2.5.3. Mexico
7.2.6. Company Market Share (Top 3-5)
7.2.7. Economic Impact Study on North America Lycopene Market
8. Asia Pacific Lycopene Market Overview
8.1. Asia Pacific Lycopene Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Lycopene Market Share & Forecast, 2016-2027
8.2.1. By Source
8.2.1.1. Synthetic
8.2.1.2. Natural
8.2.2. By Application
8.2.2.1. Dietary supplements
8.2.2.2. Food & beverages
8.2.2.3. Personal care products
8.2.2.4. Pharmaceuticals
8.2.3. By Form
8.2.3.1. Beadlets
8.2.3.2. Oil suspension
8.2.3.3. Powder
8.2.3.4. Emulsion
8.2.4. By Property
8.2.4.1. Health ingredient
8.2.4.2. Coloring agent
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. Australia
8.2.5.5. Rest of Asia Pacific
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Impact Study on Asia Pacific Lycopene Market
9. South America Lycopene Market Overview
9.1. South America Lycopene Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Lycopene Market Share & Forecast, 2016-2027
9.2.1. By Source
9.2.1.1. Synthetic
9.2.1.2. Natural
9.2.2. By Application
9.2.2.1. Dietary supplements
9.2.2.2. Food & beverages
9.2.2.3. Personal care products
9.2.2.4. Pharmaceuticals
9.2.3. By Form
9.2.3.1. Beadlets
9.2.3.2. Oil suspension
9.2.3.3. Powder
9.2.3.4. Emulsion
9.2.4. By Property
9.2.4.1. Health ingredient
9.2.4.2. Coloring agent
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.2. Argentina
9.2.5.3. Rest of South America
9.2.6. Company Market Share (Top 3-5)
9.2.7. Economic Impact Study on South America Lycopene Market
10. Middle East & Africa Lycopene Market Overview
10.1. Middle East & Africa Lycopene Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Lycopene Market Share & Forecast, 2016-2027
10.2.1. By Source
10.2.1.1. Synthetic
10.2.1.2. Natural
10.2.2. By Application
10.2.2.1. Dietary supplements
10.2.2.2. Food & beverages
10.2.2.3. Personal care products
10.2.2.4. Pharmaceuticals
10.2.3. By Form
10.2.3.1. Beadlets
10.2.3.2. Oil suspension
10.2.3.3. Powder
10.2.3.4. Emulsion
10.2.4. By Property
10.2.4.1. Health ingredient
10.2.4.2. Coloring agent
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.2. UAE
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
10.2.6. Company Market Share (Top 3-5)
10.2.7. Economic Impact Study on Middle East & Africa Lycopene Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1.1. Allied Biotech Corporation
11.7.1.2. Lycored
11.7.1.3. DSM
11.7.1.4. Wellgreen Technology Co Ltd
11.7.1.5. Divi's Laboratories
11.7.1.6. San-Ei Gen F.F.I., Inc
11.7.1.7. Dangshang Sannuo Limited
11.7.1.8. DDW
11.7.1.9. Dohler
11.7.1.10. Farbest Brands
11.7.1.11. Zhejiang NHU CO. Ltd
11.7.1.12. EID Parry
11.7.1.13. Shaanxi Kingsci Biotechnology Co. Ltd
11.7.1.14. Vidya Herbs
11.7.1.15. Xi'an Pincredit Biotech Co Ltd
11.7.1.16. Hunan Sunshine Bio-Tech Co.Ltd
11.7.1.17. Xi'an Natural Field Bio-Technology Co.,Ltd
11.7.1.18. Plantnat
11.7.1.19. SV AgroFoods
11.7.1.20. Plamed Green Science Group
11.7.1.21. Other players
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