Global Lycopene market - A report by Fact.MR

Fact.MR, in its latest business intelligence study, depicts the nuts and bolts of the global Lycopene market. The Lycopene report presents detailed information regarding the drivers, restraints, opportunities and trends affecting market growth. Each segment alongwith its sub-segment is analyzed in terms of value and volume. Further, the Lycopene report elaborates the market behavior of each vendor operating in the Lycopene market.

The Lycopene report considers the following years to present the overall market growth:

• Forecast Year: 2018 – 2028

Key findings of the Lycopene market study:

• Regional breakdown of the Lycopene market based on predefined taxonomy.
• Innovative manufacturing processes implemented by Lycopene vendors in detail.
• Region-wise and country-wise fragmentation of the Lycopene market to grasp the revenue, and growth outlook in these areas.
• Changing preferences among consumers across various regions and countries.
• Factors (Positive and Negative) impacting the growth of the global Lycopene market.

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Increasing demand for lycopene among various industry

Lycopene is a dietary source of carotenoid antioxidant and has attracted significant interest in recent years as a prominent phytochemical with a beneficial role in human health. Lycopene, which offers various end-use benefits and acts as a nourishing and moisturizing agent, is the most effective antioxidant available in the market. Further, it also helps to increase the softness of the skin apart from having excellent wound healing properties. Manufactures and researchers have a lot of opportunities to use lycopene in various products considering its end-use benefits. The pharmaceutical industry is boosting the market of lycopene. However, the use of lycopene in the cosmetic industry is likely to increase by higher bps in the forecast period. In cosmetic industry, lycopene can be used in creams, lotions, gels, hair care (shampoos, conditioners, and styling), suncare products (sun protection, after-sun & self-tanning), skincare (facial care, facial cleansing, body care, babycare), oral care, others. Lycopene anti-aging benefit is a major driving factor for increasing its demand in the cosmetic industry.

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Global lycopene market segmentation

The lycopene market can be segmented into its nature, end use industry, form, and by packaging type. By nature, global lycopene market can be categorized into naturaland organic. The global lycopene market can be segmented in a different end use industries such as food, pharmaceutical, cosmetic, and others. Form of the lycopene can be segmented into powder, capsule, and syrup. In packaging type segment global lycopene market is segmented into bottle, bulk, and tetra packaging. The global lycopene market can be segmented on the basis of the geographical region such as North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa (MEA), and Emerging Countries.

On the basis of region, the Lycopene market study contains:

• 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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Key players analyzed in the Lycopene market study:

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.

Queries addressed in the Lycopene market report:

• Why are the Lycopene market players targeting region for increased product sales?
• What patented technologies are the players utilizing in the global Lycopene market?
• Which regions are displaying the fastest growth in the Lycopene market?
• What are the underlying micro- macroeconomic factors affecting the global Lycopene market?

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