Nov 16, 2017   SOURCE: BusinessWire

Lycopene Market (2017-2025): Growing Demand for Natural Colorants in Ready-to-Eat Meat Products - Research and Markets

The "Lycopene Market - Forecast (2017-2025)" report has been added to Research and Markets' offering.

Lycopene is found in the tomato species known as Solanum lycopersicum, mostly present in Central and South America regions. It is a carotenoid and phytonutrient substance, and is an essential antioxidant for human body which helps in protecting from degenerative diseases. Majorly lycopene is found in red fruits and vegetables such as tomatoes, watermelon, papaya, guava, sweet red peppers, mango, carrots, red cabbage, and pink grapefruits. Globally, growing demand for natural colorants in ready-to-eat meat products, rising food and beverage, cosmetics and pharmaceuticals industries, and benefits of lycopene such as it protects from degenerative diseases, owing to its anti-cancer properties are the prime growth drivers of global lycopene market.

In addition, development of technologies to create high value lycopene and increase in adoption of lycopene in emerging economies such as China, India and others, will create new opportunities for global lycopene market. However, higher cost of the research and development, harmful effects of overdose of lycopene, and stringent government regulations and approval process are the key restraints for global lycopene market.

Geographically Europe dominated global lycopene market because of higher demand in countries like U.K. and Germany, owing to higher adoption of lycopene in meat industry and increasing demand for natural colorants. Asia Pacific is projected to have fastest growth, owing to rapidly increasing population, growing food and beverage, cosmetics and pharmaceuticals industries, changing lifestyles of customers, rising incomes, purchasing power, consumer demand for nutritional & healthy products, rise in consumer awareness, and favourable government policies in developing nations such as China, and India in this region. Among all the application, food colouring agent has the highest market share in global lycopene market.

Companies Mentioned

  • BASF SE
  • Royal DSM N.V.
  • Hoffmann-La Roche Ltd
  • General Nutrition Center,
  • Shaanxi Huike Botanical Development Co. Ltd.
  • Lycored
  • Jamieson
  • NBTY
  • Kagome
  • Bayer AG

Key Topics Covered:

1. Market Overview

2. Executive Summary

3. Market Landscape

4. Market Forces

5. Strategic Analysis

6. Lycopene Market, By Type

7. Lycopene Market, By Application

8. Lycopene Market, By Geography

9. Market Entropy

10. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/wbqwqg/lycopene_market