- In October 2024, OZiva launched its innovative OZiva Bioactive Gluta Fizzy, a formulation designed to address multiple skincare concerns. This product supports the repair of skin cell damage, evens out complexion, reduces pigmentation, and promotes smooth, even-toned skin. The powerful blend includes antioxidants such as glutathione, hyaluronic acid, astaxanthin, lycopene, and collagen-boosting ingredients, providing comprehensive skin health benefits
- In November 2022, Lycopene International successfully acquired LycoRed Ltd., a prominent supplier of lycopene ingredients. This acquisition enables Lycopene International to diversify its product range and enhance its market position. The deal also provides access to new markets and strengthens the company's competitive edge by expanding its offerings in the nutritional supplement and food ingredient sectors
- In September 2022, Lycored partnered with DSM Nutritional Products to develop new, lycopene-based solutions for the dietary supplement and food and beverage markets. This collaboration is aimed at advancing product innovation and exploring new opportunities in both industries. By leveraging DSM’s expertise and Lycored’s lycopene knowledge, the partnership aims to bring enhanced health benefits to consumers worldwide
- In September 2022, Lycopene International acquired LycoRed Ltd., a top supplier of lycopene ingredients, further solidifying its position in the industry. The acquisition was strategically designed to broaden Lycopene International’s product portfolio and gain access to new markets. This move strengthens the company's ability to provide high-quality lycopene-based solutions for a wide array of applications in health, wellness, and nutrition
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
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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.
