A Global Lycopene Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Lycopene industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Lycopene market, this study covers qualitative and quantitative aspects of the Lycopene market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global lycopene market size was USD 117.3 Million in 2022 and is expected to register a steady revenue CAGR of 5.9% during the forecast period, according to latest analysis by Emergen Research. Rapid demand for lycopene from the nutraceutical sector owing to various health benefits and growing preference of consumers for clean green label products are key factors driving market revenue growth. Lycopene is a powerful antioxidant that helps to protect body from damage caused by free radicals. In addition, lycopene protects against development of certain types of cancer, heart disease, macular degeneration, and other age-related diseases. Lycopene has also been shown to reduce inflammation and improve cholesterol levels, which can help to reduce risk of stroke and other Cardiovascular Diseases (CVD).
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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Lycopene industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Lycopene industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Lycopene industry.
Radical Highlights of the Lycopene Market Report:
- Comprehensive overview of the Lycopene market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Lycopene market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Lycopene market expected to boost the growth of the industry in the coming years.
Lycopene Market Segmentation:
Source Outlook (Revenue, USD Million; 2019-2032)
- Organic
- Synthetic
Form Outlook (Revenue, USD Million; 2019-2032)
- Oil suspension
- Emulsion
- Powder
- Others
Application Outlook (Revenue, USD Million; 2019-2032)
- Food Beverages (FB)
- Pharmaceuticals and nutraceuticals
- Personal care products
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Lycopene market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
BASF SE, Lycored, Allied Biotech Corporation, AromataGroup, DSM, Wellgreen Technology Co., Ltd., DöhlerGroup, Farbest Brands, Kalsec Inc., and Divi's Laboratories Limited
Regional Landscape section of the Lycopene report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Additional information offered by the report:
- Along with a complete overview of the global Lycopene market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Lycopene market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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Highlights of Table of Contents (TOC):
- Overview of Global Lycopene Market
- Competitive analysis of the Lycopene market
- Regional analysis of Global Lycopene market production and revenue
- Regional analysis of Global Lycopene market supply, consumption, and export import
- Type-based market analysis of global Lycopene production, revenue, and price trends
- Application-based analysis of the global Lycopene market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Lycopene market
- Conclusion of the research report
- Appendix
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