1. Market Research
  2. > Chemical
  3. > Specialty Chemical Market Trends
Lycopene Market by Source, Application, Form, Property And Region - Global Forecast to 2025

Lycopene Market by Source, Application, Form, Property And Region - Global Forecast to 2025

  • April 2020
  • 143 pages
  • ID: 5888052
  • Format: PDF
  • MarketsandMarkets


Table of Contents

Search Inside

The lycopenemarket isprojected to grow at a CAGR of5.0% in terms of value.A key driver is theincreasing benefits of lycopene in preventive healthcare.

The lycopene market is estimated to be valued at USD 126millionin 2020andis projected to grow at a CAGR of 5.0%,recording a value of USD 161million by 2025. The increasing number of benefits offered by lycopene in preventive healthcare and its rising applications in various industries across the globe are driving the lycopene market.The rising application in dietary supplements and food products, resulting in the prevention of human health-related diseases is leading to an increased demand for lycopene. However, its variety of functionalities in industries such as personal care & cosmetics and pharmaceuticals, helping in treating various diseases and skin-related issues, also contributes to the overall demand for lycopene. Furthermore, the increasing usage of lycopene as a food colorant is exposing its widespread properties, thus, empoweringmanufacturers to bring in more and more innovation to the products to increase the market share.

The beadlet form is projected to dominate the global lycopene market during the forecast period.
The beadlet form is estimated to account for the largest market share in the global lycopene market.Among the other forms of lycopene available, the beadlet form of lycopene projects to witness the highest CAGR between 2020 and 2025.

The factors determiningits largest share is its content of lycopene concentration and mass availability,because of major lycopene manufacturers producing lycopene in this form.In addition, majority of the end-industry users consume lycopene in their line of products coming from the beadlet form.

Hence, all these factors are driving the growth for this form, resulting in its dominance in the global market.

The market for synthetic source is estimated to dominate the global market in 2020.
The synthetic lycopene segment dominated the market, since it is lower in price and offers the same benefits as that of natural lycopene.Also, the availability of raw material for natural lycopene is restrained, since high-quality tomatoes are directly used for processing in other food industries.

Thus, the demand for synthetic lycopene is higher.

The market for dietary supplement application is projected to witness the highest growth during the forecast period.
The antioxidant properties of lycopene have been used extensively by manufacturers of dietary supplements.Hence, the consumption of lycopene has been the highest by this industry. The use of lycopene by the food industry remains high due to both its properties of colorants and health benefits. Hence, the food segment is estimated to account for a major market share, followed by the dietary supplements segment in 2020.

Asia Pacific to grow at the highest CAGR in the lycopene market between 2020 and 2025.
The European region dominated the market in 2019, and the Asia Pacific region is projected to be the fastest-growing market during the forecast period.Factors driving the Asia Pacific market growth include the increasing adoption of lycopene-based products in the region, growing number of manufacturing facilities, andthe rising number ofresearch & development centersin the regions.

Due to the developing economic conditions across the majority of the countries, consumers in the region prefer the consumption of natural products, and hence, mostly opt for organic ingredient-based products, which is further bolstering the market growth in Asia Pacific.

Break-up of Primaries:
• By Value Chain:Manufacturers- 80% and Suppliers - 20%
• By Designation:CXOs- 44%, Managers- 34%,and Executives-22%
• By Country:North America - 15%, Europe - 40%, Asia Pacific - 30%, South America - 10%, MEA - 5%

Leading players profiled in this report:
• Allied Biotech Corporation (China)
• Lycored (Israel)
• DSM (Netherlands)
• Wellgreen Technology Co Ltd (China)
• Divi’s Laboratories (India)
• San-Ei Gen F.F.I., Inc (Japan)
• Dangshang Sannuo Limited (China)
• DDW (US)
• Döhler (Germany)
• Farbest Brands (US)
• Zhejiang NHU CO. Ltd (China)
• EID Parry (India)
• Shaanxi Kingsci Biotechnology Co. Ltd (China)
• Vidya Herbs (India)
• Xi’an Pincredit Biotech Co Ltd (China)
• Hunan Sunshine Bio-Tech Co.Ltd (China)
• Xi’an Natural Field Bio-Technology Co.,Ltd (China)
• Plantnat (China)
• SV AgroFoods (India)
• Plamed Green Science Group (China)

Research Coverage:
The report segmentsthe lycopenemarket on the basis ofsource, application,form, property, and region. In terms of insights, this report focuses on various levels of analyses—the competitive landscape,end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the globallycopenemarket, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.

Reasons to buy this report:
• To get a comprehensive overview of the lycopene market
• To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
• To gain insights about the major countries/regions in which the lycopenemarketis flourishing

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.


Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on