Lycopene Trends and Forecast
The future of the global lycopene market looks promising with opportunities in the dietary supplement, food & beverage, personal care product, and pharmaceutical markets. The global lycopene market is expected to grow with a CAGR of 2.8% from 2024 to 2030. The major drivers for this market are growing awareness towards advantages of lycopene in the realm of preventive healthcare and increasing utilization of lycopene as a food colorant.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Lycopene by Segment
The study includes a forecast for the global lycopene by form, source, property, application, and region.
Lycopene Market by Form [Shipment Analysis by Value from 2018 to 2030]:
• Beadlets
• Oil Suspension
• Powder
• Emulsion
Lycopene Market by Source [Shipment Analysis by Value from 2018 to 2030]:
• Synthetic
• Natural
Lycopene Market by Property [Shipment Analysis by Value from 2018 to 2030]:
• Health Ingredient
• Coloring Agent
Lycopene Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Dietary Supplements
• Food & Beverages
• Personal Care Products
• Pharmaceuticals
Lycopene Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Lycopene Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies lycopene companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the lycopene companies profiled in this report include-
• Allied Biotech Corporation
• Lycored
• DSM
• Wellgreen Technology
• Divi’s Laboratories
• San-Ei Gen
• Dangshang Sannuo Limited
Lycopene Market Insights
Lucintel forecasts that beadlets will remain the largest segment over the forecast period as it contains the highest concentration of lycopene concentrate.
Within this market, dietary supplements is expected to witness the highest growth due to growing demand for dietary supplements in both developed and developing countries.
APAC is expected to witness highest growth over the forecast period due to existence of lycopene manufacturing companies in this particular region.
Features of the Global Lycopene Market
Market Size Estimates: Lycopene market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Lycopene market size by various segments, such as by form, source, property, application, and region in terms of value ($B).
Regional Analysis: Lycopene market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different forms, sources, properties, applications, and regions for the lycopene market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the lycopene market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for lycopene market?
Answer: The global lycopene market is expected to grow with a CAGR of 2.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the lycopene market?
Answer: The major drivers for this market are growing awareness towards advantages of lycopene in the realm of preventive healthcare and increasing utilization of lycopene as a food colorant.
Q3. What are the major segments for lycopene market?
Answer: The future of the lycopene market looks promising with opportunities in the dietary supplement, food & beverage, personal care product, and pharmaceutical markets.
Q4. Who are the key lycopene market companies?
Answer: Some of the key lycopene companies are as follows:
• Allied Biotech Corporation
• Lycored
• DSM
• Wellgreen Technology
• Divi’s Laboratories
• San-Ei Gen
• Dangshang Sannuo Limited
Q5. Which lycopene market segment will be the largest in future?
Answer: Lucintel forecasts that beadlets will remain the largest segment over the forecast period as it contains the highest concentration of lycopene concentrate.
Q6. In lycopene market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to existence of lycopene manufacturing companies in this particular region.
Q.7 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the lycopene market by form (beadlets, oil suspension, powder, and emulsion), source (synthetic and natural), property (health ingredient and coloring agent), application (dietary supplements, food & beverages, personal care products, and pharmaceuticals), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Lycopene Market, Lycopene Market Size, Lycopene Market Growth, Lycopene Market Analysis, Lycopene Market Report, Lycopene Market Share, Lycopene Market Trends, Lycopene Market Forecast, Lycopene Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.