Lycopene is a carotenoid antioxidant pigment occurring in ripe fruit especially tomatoes. The colour of tomatoes is due to lycopene. Lycopene is an essential antioxidant for human body which helps in protecting from degenerative diseases. Lycopene also helps in prevention of DNA damage in the cells along with helping them to function better in the body. Lycopene present in the blood and fatty tissues in the body reduces the risk of cancer, heart disease and age-related macular degeneration.

Lycopene Market: Growth

The global lycopene market driving factors are increasing demand for organic-based lycopene products which contains anti-cancer properties that protects against degenerative diseases. The other driving factor for lycopene market is the rising demand for natural colorants in ready-to-eat meat products, coupled with the expansion of end-use applications of lycopene in food and beverage industries, cosmetics and pharmaceuticals. Along with increasing usage of lycopene in various industries, the global lycopene market is expected to observe robust growth over the forecast period.