Lycopene Market Forecast: From USD 150.78 Million in 2023 to USD 216.45 Million by 2030

Lycopene Market Report Scope and Research Methodology

This report provides a comprehensive examination of the Lycopene Market, focusing on the strategies of major players, their geographic presence, and specific market segments. It includes detailed insights on import and export activities, supply and demand dynamics, pricing, costs, and profit margins. The study also explores opportunities, challenges, drivers, and limitations at both regional and segment levels. To ensure accuracy, the information was gathered using primary and secondary research methods like surveys, phone interviews, and questionnaires. A SWOT analysis was conducted to evaluate the strengths and weaknesses of the market.

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All of the data is gathered in raw format and then rigorously filtered so that just the information that is needed is retained. Before being used further, the remaining data is thoroughly verified and its legitimacy (as the source) is examined. We have also gathered and combined the information from our earlier market research studies. Our sizable internal data warehouse contains all of the prior reports. Additionally, the professionals compile trustworthy data from the premium databases. 

Lycopene Market Regional Insights

Regional analysis is conducted to assess the status of the Lycopene market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Lycopene market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

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Lycopene Market Segmentation

Based on Type, Powder forms of lycopene dominate the market with a 38 % market share in 2023 as it finds widespread utilization in the food and beverage industry, serving as a natural coloring agent and enhancing the nutritional profile of various products. While Liquid lycopene is a fast-growing segment in Lycopene Market and gained prominence in the cosmetics and skincare sector due to its potential to fortify products with antioxidant properties, promoting skin health. Capsules and tablets emerge as a preferred choice for the nutraceutical and dietary supplement industry, capitalizing on lycopene's recognized role in supporting heart health and disease prevention. 

by Form

Powder
Liquid
Capsules/Tablets
Paste

by Source

Tomatoes
Watermelon
Pink Grapefruit
Guava
Others

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Lycopene Market Key Players

1. Allied Biotech Corporation
2. BGG (Beijing Gingko Group)
3. Dangshan Sinojuice Food Co Ltd
4. Divi's Laboratories Limited
5. DSM Nutritional Products
6. Farbest Brands
7. Hebei Granray Bioproducts Co., Ltd.
8. Lycored Ltd.
9. Piveg, Inc.
10. San-Ei Gen F.F.I., Inc.

Key questions answered in the Lycopene Market are:

  • What is Lycopene ?
  • What was the Lycopene market size in 2023?
  • What is the growth rate of the Lycopene Market?
  • Which are the factors expected to drive the Lycopene market growth?
  • What are the different segments of the Lycopene Market?
  • What growth strategies are the players considering to increase their presence in Lycopene ?
  • What are the upcoming industry applications and trends for the Lycopene Market?
  • What segments are covered in the Lycopene Market?
  • Who are the leading companies and what are their portfolios in Lycopene Market? 
  • What segments are covered in the Lycopene Market?
  • Who are the key players in the Lycopene market?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by Different Segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

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