In some of our previous newsletters, we’ve shared information about the role and application of Lycopene in a wide range of products.
Lycopene continues to be a popular additive across food products like ready-to-eat meals, sauces, ketchup, and soups. It is a naturally occurring carotenoid pigment that provides a bright red colour and multiple health benefits. Tomatoes, watermelons, papayas, and guavas get their red colour from the presence of Lycopene.
According to Research and Markets 2020 statistics, the global market for lycopene is expected to reach $257.7 million by 2025, with a growth rate of 3.5% from 2020 to 2025.
This growth is due to Lycopene’s various health benefits as a powerful antioxidant, thus reducing the risk of certain types of cancer, cardiovascular disease, and age-related macular degeneration.
As a robust antioxidant, Lycopene also prevents the oxidation of oils and fats in food and increases the shelf life of products.
You can use Lycotene® to improve and enhance your product’s color and nutritional value thereby making it more appealing to your consumers.