Global Lycopene Market Analysis

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Global Lycopene Market Analysis

  • Food & Beverage
  • Upcoming Report
  • Nov 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

The lycopene market has seen significant growth, driven by advancements in extraction methods and technology. One of the latest methods involves supercritical fluid extraction (SFE), a cutting-edge technique that uses CO2 at high pressure to extract lycopene from tomatoes more efficiently while preserving its potency. This method is gaining popularity due to its ability to produce higher yields and maintain the natural integrity of lycopene, which can be degraded by heat or solvents in traditional methods.

Moreover, nanoencapsulation technologies are enabling more effective delivery of lycopene in functional foods and supplements, improving its bioavailability. This technology allows for the controlled release of lycopene in the digestive system, increasing its absorption and therapeutic effects, such as antioxidant properties.

The growing awareness of lycopene’s health benefits, such as its potential in cancer prevention, heart health, and skin protection, is contributing to the expansion of the market. The demand is particularly high in regions such as North America and Europe, where consumers are increasingly looking for plant-based and functional ingredients in their diets. This trend is expected to propel the lycopene market's growth in the coming years.

Frequently Asked Questions

The market is segmented based on Segmentation, By Type (Synthetic Lycopene, Natural/Conventional Lycopene, and Organic Lycopene), Form (Powder, Capsule, and Liquid/Syrup), Grade (Pharmaceutical Grade and Food Grade), Application (Pharmaceutical, Cosmetics and Food Colouring Agent), End Use (Food and Beverages, Cosmetic and Personal Care, Dietary Supplements and Functional Foods, Animal Nutrition, and Pharmaceutical Industry) – Industry Trends and Forecast to 2032 .
The Global Lycopene Market size was valued at USD 138.65 USD Million in 2024.
The Global Lycopene Market is projected to grow at a CAGR of 4.9% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.