Market Overview:
The global natural lycopene market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for natural lycopene as a health ingredient and coloring agent. Additionally, the growing awareness about the benefits of natural lycopene is also contributing to the growth of this market. On the basis of type, beadlets accounted for majority share in 2017 and is expected to maintain its dominance during forecast period. On account of its high stability and solubility, beadlets are widely used in food & beverage industry as well as dietary supplements industry. However, oil suspension type is projected to grow at highest CAGR during forecast period owing to its advantages such as easy handling and storage properties over other types available in market. Based on application, health ingredient segment held largest share in 2017 and is anticipated witness highest growth rate during forecast period owing rising demand for healthy foods & beverages across globe coupled with increasing awareness about benefits associated with consumption of natural lycopene products.
Product Definition:
Natural Lycopene is a pigment found in tomatoes and other fruits and vegetables. It is important for plant growth, development, and defense against environmental stress.
Beadlets:
Beadlets is a new term in the natural lycopene industry. It refers to micro-sized particles of lycopene that are released during the processing of tomatoes and other vegetables/fruits. Beadlets are very small, round and have a diameter range from 1-10 microns. They can be easily dispersed in water or oil due to their small size hence they show excellent suspension properties when added into beverages or food products.
Oil Suspension:
Oil suspension is a method of lycopene extraction from the tomato fruit without using any harmful solvents. The oil is extracted by either mechanical or chemical methods. In the case of mechanical extraction, air pressure and ultrasound are used to extract the oil from the tomatoes. In contrast, in case of chemical extraction, an acid solution is applied which dissolves away cell walls and allows free flow of solvent into a collectable cup containing lycopene granules.
Application Insights:
Health ingredient was the major application segment in 2016, accounting for over 50% of total lycopene demand. Increasing awareness regarding health benefits among consumers is expected to boost product demand in this segment. Lycopene is widely used as a coloring agent and antioxidant in food & beverages industry. The increasing importance of nutritional additives due to rising consumer awareness about healthy lifestyle practices is expected to propel the market growth over the forecast period.
Natural colorants have gained significant popularity among various end-use industries owing to their ability to impart new colors while maintaining nutritional properties and taste attributes of food products without any added chemicals or artificial ingredients.
Regional Analysis:
Asia Pacific was the dominant regional market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing product demand from countries, such as China, India, Japan and South Korea. Rising consumer awareness regarding nutritional products is also anticipated to fuel industry expansion over the next eight years.
The Asia Pacific held a major share in global natural lycopene market owing to high production levels of various application segments across emerging economies including China and India. In addition, growing population coupled with rising health concerns about chronic diseases are further expected to drive industry growth over the coming years. Increasing foreign investments by domestic companies are projecteded boost regional market development further on account of technological collaborations between different nations for manufacturing these ingredients.- For instance; In May 2018; Sun Pharmaceutical Industries Ltd., one of India’s largest drug manufacturers acquired American pharmaceutical firm Pfizer Inc.; which includes brands such as Viagra, Lipitor etc.
Growth Factors:
- Increasing demand for natural lycopene from food and beverage industry as a natural colorant and antioxidant.
- Rising awareness about the health benefits of lycopene among consumers is driving the demand for natural lycopene supplements.
- Growing use of lycopene in personal care products due to its anti-aging properties is another key growth driver for the market.
- Increasing research on the potential health benefits of Lycopene is also propelling market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Natural Lycopene Market Research Report
By Type
Beadlets, Oil Suspension, Powder, Emulsion
By Application
Health Ingredient, Coloring Agent
By Companies
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), Dohler (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)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Natural Lycopene Market Report Segments:
The global Natural Lycopene market is segmented on the basis of:
Types
Beadlets, Oil Suspension, Powder, Emulsion
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Health Ingredient, Coloring Agent
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- 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)
- Dohler (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)
Highlights of The Natural Lycopene Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Beadlets
- Oil Suspension
- Powder
- Emulsion
- By Application:
- Health Ingredient
- Coloring Agent
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Natural Lycopene Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Lycopene is a carotenoid that is found in many fruits and vegetables. It has been shown to have antioxidant properties, which may help protect the body from damage caused by free radicals.
Some of the major players in the natural lycopene market are 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), Dohler (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).
The natural lycopene market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Natural Lycopene Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Natural Lycopene Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Natural Lycopene Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Natural Lycopene Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Natural Lycopene Market Size & Forecast, 2018-2028
4.5.1 Natural Lycopene Market Size and Y-o-Y Growth
4.5.2 Natural Lycopene Market Absolute $ Opportunity
Chapter 5 Global Natural Lycopene Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Natural Lycopene Market Size Forecast by Type
5.2.1 Beadlets
5.2.2 Oil Suspension
5.2.3 Powder
5.2.4 Emulsion
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Natural Lycopene Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Natural Lycopene Market Size Forecast by Applications
6.2.1 Health Ingredient
6.2.2 Coloring Agent
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Natural Lycopene Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Natural Lycopene Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Natural Lycopene Analysis and Forecast
9.1 Introduction
9.2 North America Natural Lycopene Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Natural Lycopene Market Size Forecast by Type
9.6.1 Beadlets
9.6.2 Oil Suspension
9.6.3 Powder
9.6.4 Emulsion
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Natural Lycopene Market Size Forecast by Applications
9.10.1 Health Ingredient
9.10.2 Coloring Agent
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Natural Lycopene Analysis and Forecast
10.1 Introduction
10.2 Europe Natural Lycopene Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Natural Lycopene Market Size Forecast by Type
10.6.1 Beadlets
10.6.2 Oil Suspension
10.6.3 Powder
10.6.4 Emulsion
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Natural Lycopene Market Size Forecast by Applications
10.10.1 Health Ingredient
10.10.2 Coloring Agent
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Natural Lycopene Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Natural Lycopene Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Natural Lycopene Market Size Forecast by Type
11.6.1 Beadlets
11.6.2 Oil Suspension
11.6.3 Powder
11.6.4 Emulsion
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Natural Lycopene Market Size Forecast by Applications
11.10.1 Health Ingredient
11.10.2 Coloring Agent
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Natural Lycopene Analysis and Forecast
12.1 Introduction
12.2 Latin America Natural Lycopene Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Natural Lycopene Market Size Forecast by Type
12.6.1 Beadlets
12.6.2 Oil Suspension
12.6.3 Powder
12.6.4 Emulsion
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Natural Lycopene Market Size Forecast by Applications
12.10.1 Health Ingredient
12.10.2 Coloring Agent
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Natural Lycopene Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Natural Lycopene Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Natural Lycopene Market Size Forecast by Type
13.6.1 Beadlets
13.6.2 Oil Suspension
13.6.3 Powder
13.6.4 Emulsion
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Natural Lycopene Market Size Forecast by Applications
13.10.1 Health Ingredient
13.10.2 Coloring Agent
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Natural Lycopene Market: Competitive Dashboard
14.2 Global Natural Lycopene Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Allied Biotech Corporation (China)
14.3.2 Lycored (Israel)
14.3.3 DSM (Netherlands)
14.3.4 Wellgreen Technology Co Ltd (China)
14.3.5 Divi’s Laboratories (India)
14.3.6 San-Ei Gen F.F.I., Inc (Japan)
14.3.7 Dangshang Sannuo Limited (China)
14.3.8 DDW (US)
14.3.9 Dohler (Germany)
14.3.10 Farbest Brands (US)
14.3.11 Zhejiang NHU CO. Ltd (China)
14.3.12 EID Parry (India)
14.3.13 Shaanxi Kingsci Biotechnology Co. Ltd (China)
14.3.14 Vidya Herbs (India)
14.3.15 Xi'an Pincredit Biotech Co Ltd (China)
14.3.16 Hunan Sunshine Bio-Tech Co.Ltd (China)
14.3.17 Xi'an Natural Field Bio-Technology Co.,Ltd (China)
14.3.18 Plantnat (China)
14.3.19 SV AgroFoods (India)
14.3.20 Plamed Green Science Group (China)
