Global Lycopene Market: Emerging Trends, Major Key Players Allied Biotech Corporation and Lycored

According to the report, The Global Lycopene is expected to be valued at $X Billion by 2028 and is anticipated to grow at a CAGR of more than 8% from 2020 to 2028. Lycopene is frequently in a range of industries, including nutritional supplements, food, personal care and cosmetics, and pharmaceuticals. It's becoming more popular as a result of its properties as a health ingredient and a colouring agent. In the global lycopene market, the health ingredient property accounted for the majority of the market share. In the global market for lycopene, the colouring agent property has a much lesser share. This is due to the restricted use of lycopene in the food sector as a colouring ingredient. Furthermore, the use of lycopene as a health element is growing, which is expected to boost lycopene's global market growth.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global LYCOPENE industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Lycopene market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Lycopene players holding highest market share include Allied Biotech Corporation, Lycored , DSM and Wellgreen Technology Co Ltd . These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Allied Biotech Corporation
• Lycored
• DSM
• Wellgreen Technology Co Ltd
• Divi’s Laboratories
• San-Ei Gen F.F.I., Inc
• Dangshang Sannuo Limited
• DDW
• Döhler
• Farbest Brands

Segmental Analysis

Market Segment By Source with focus on market share, consumption trend, and growth rate of LYCOPENE Market:
o Synthetic
o Natural

Market Segment By Application with focus on market share, consumption trend, and growth rate of LYCOPENE Market:
o Dietary supplements
o Food & beverages
o Personal care products
o Pharmaceuticals

Market Segment By form with a focus on market share, consumption trend, and growth rate of LYCOPENE Market:
o Beadlets
o Oil suspension
o Powder
o Emulsion

Market Segment By property with a focus on market share, consumption trend, and growth rate of LYCOPENE Market:
o Health ingredient
o Coloring agent

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Global Lycopene Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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