Lycopene is a fat-soluble carotenoid, which is a natural pigment that gives fruits and vegetables their color and has antioxidant properties. Tomatoes are a top source of lycopene in the U.S. diet. Lycopene has been shown to have a range of health benefits, including heart health and cancer protection. It is also a powerful anti-inflammatory and may help prevent obesity and diabetes. Tomato lycopene is a carotenoid responsible for the red color of tomatoes and some other red fruits and vegetables

Long-term lycopene intake is linked to lower cholesterol and a decreased risk of heart disease. Lycopene is also an important factor in maintaining healthy blood pressure and preventing prostate cancer. Lycopene is a strong antioxidant and has been shown to be effective against skin cancer. Research shows that people who eat high-lycopene foods have up to 40% less sun damage than those who do not eat a lot of tomatoes and tomato products.

Market Dynamics

The naturally occurring tomato pigment called lycopene is renowned for its anti-inflammatory and antioxidant qualities. It is thought to be beneficial for maintaining skin health, preventing cancer, and maintaining heart health. The demand for tomato lycopene as a dietary supplement or component in different foods and beverages rises as consumers grow more health-conscious and look for natural and functional food ingredients.

The quantity and quality of tomato crops have a significant impact on the generation of tomato lycopene.

Seasonal fluctuations, climatic variables, and agricultural difficulties, including illnesses and pests, all affect tomato cultivation. Variations in tomato supply may affect tomato lycopene's availability and cost, thereby hampering market growth.

Key features of the study:

• This report provides in-depth analysis of the global tomato lycopene market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global tomato lycopene market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include DSM Nutritional Products, Lycored, Lycored SARL, FutureCeuticals, Vidya Herbs, Allied Biotech Corporation, Avestia Pharma, Xi'an Green Source Co., Ltd., Beijing Gingko Group (BGG), and Shaanxi Jiahe Phytochem Co., Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global tomato lycopene market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global tomato lycopene market

Tomato Lycopene Market Detailed Segmentation:

• By Application:
  • Food and Beverage Industry
  • Nutraceuticals and Dietary Supplements
  • Pharmaceutical Industry
• By Form:
  • Powder
  • Liquid
• By Source:
  • Natural Lycopene
  • Synthetic Lycopene
• By Distribution Channel:
  • Direct Sales
  • Distributors/Wholesalers
  • Online Retail
• By End-User:
  • Retail
  • Food Service
  • Industrial
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
• Company Profile:
  
  • DSM Nutritional Products
  • Lycored
  • Lycored SARL
  • FutureCeuticals
  • Vidya Herbs
  • Allied Biotech Corporation
  • Avestia Pharma
  • Xi'an Green Source Co., Ltd.
  • Beijing Gingko Group (BGG)
  • Shaanxi Jiahe Phytochem Co., Ltd.