TOMATO LYCOPENE MARKET ANALYSIS

Tomato Lycopene Market, By Application (Food and Beverage Industry, Nutraceuticals and Dietary Supplements, Pharmaceutical Industry), By Form (Powder, Liquid), By Source (Natural Lycopene, Synthetic Lycopene), By End-User (Retail, Food Service, Industrial), By Distribution Channel (Direct Sales, Distributors/Wholesalers, Online Retail), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Recent Developments

New product launches

LycopeneLiposomal by Lycored is a liposomal lycopene supplement that is designed to be more bioavailable than traditional lycopene supplements. It is available in capsule form and is sold online and in select retail stores.
Lycopene Complex by NOW Foods is a dietary supplement that contains lycopene, beta-carotene, and vitamin E. It is available in capsule form and is sold online and at most major retailers.
Lycopene Softgels by Nature Made is a dietary supplement that contains 10 mg of lycopene per softgel. It is available in bottles of 90 and 180 softgels and is sold online and at most major retailers.
Lycopene Drink Mix by Solgar is a dietary supplement that contains 20 mg of lycopene per serving. It is available in powder form and is mixed with water or juice. It is sold online and in select retail stores.

Acquisition and partnerships

In 2022, Lycopene International acquired LycoRed Ltd., a leading supplier of lycopene ingredients. The acquisition will help Lycopene International expand its product portfolio and reach new markets.
In 2022, Lycored entered into a partnership with DSM Nutritional Products. The partnership will focus on developing new lycopene-based products for the dietary supplement and food and beverage industries.
In 2022, OmniActive Health Technologies acquired LycoRed USA. The acquisition will help OmniActive expand its lycopene product portfolio and reach new markets.