Lycopene Market Is Likely To Register Higher-digit CAGR Over Forecast Period , Projects Fact.MR

Global lycopene Market Overview 

Lycopene is found abundantly in vegetables and red fruits including watermelon, tomato, apricots, pink guava, papaya, grapefruit, asparagus, red cabbage, mango and carrots. Lycopene is an antioxidant, which protects the human body from damage caused by compounds called free radicals.

Global lycopene market Growth is likely to boost in forecast period due to its significant use in the pharmaceutical and food industry

Further, Lycopene is known for preventing diseases including hypothesis, cancer (prostate cancer, digestive tract cancer, bladder cancer, skin cancer, breast cancer, and cervical cancer), cardiovascular diseases, osteoporosis and other bone disorders, male infertility, hypertension and other human diseases.

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Regional analysis for lycopene Market includes:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil, Argentina, Chile, Peru, Rest of Latin America)
  • Europe (Germany, Italy, France, U.K, Spain, BENELUX, Nordics, Eastern Europe, Rest of Europe)
  • CIS and Russia
  • Asia-Pacific (China, India, ASEAN, South Korea, Australia & New Zealand, Rest of APEJ)
  • Japan
  • Middle East and Africa (GCC Countries, South Africa, Turkey, Iran, Israel, Rest of MEA)

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Global lycopene key market players

The global market for lycopene comprises several developers, who are primarily converging on developing advance version on lycopene mainly for increasing its end-use in various industries.

Some key market participants are DSM, BASF, Kagome, LycoRed, Kagome, Tomatia, Wellgreen Technology, Xi’an lyphar biotech corp, Chr. Hansen, Koninklijke DSM N.V., Hoffmann-La roche Ltd.,

General nutrition center company, Jamieson laboratories Ltd., The nature’s bounty Co., Bayer AG, Shaanxi huike botanical development Co. Ltd., San-Ei Gen, Licofarma S.r.l., Dangshan sinojuice food, Royal DSM N.V., NBTY and Bayer AG, among other prominent players.

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