Lycopene Market - Forecast(2021 - 2026)
The global Lycopene Market is estimated to surpass $133 Million by 2023 growing at an estimated rate of more than 3.5% during 2018 to 2023 majorly driven by rising demand for natural colorants in ready to eat food products and the growing utilization of carotenoids in cosmetic, food and pharmaceutical industries. Lycopene possess several positive health effects on immune and cardiovascular systems and it’s also used to treat several diseases such as human papilloma virus infection, asthma, gingivitis etc. What is Lycopene? Lycopene is present in tomato species known as Solanum lycopersicum, mostly found in Central and South American regions. It is a carotenoid and phytonutrient substance, and is an essential antioxidant for human body which helps in protecting from degenerative diseases. Majorly lycopene is found in red fruits and vegetables such as tomatoes, watermelon, papaya, guava, sweet red peppers, mango, carrots, red cabbage, and pink grapefruits. Request Sample It has a number ...