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Lycopene Food Colors Market to Reach USD 314.9 Million by 2035, Driven by Rising Demand for Natural Food Colorants | Future Market Insights, Inc.

NEWARK, Del, Feb. 13, 2025 (GLOBE NEWSWIRE) — The global Lycopene Food Colors Market is projected to grow significantly in the coming years. Valued at USD 114.0 million in 2025, the market is expected to reach USD 314.9 million by 2035, registering a CAGR of 10.7% during the forecast period (2025 to 2035). This growth is fueled by increasing consumer preference for natural and clean-label products in food and beverages.

The surge in demand for natural food colors is closely linked to growing awareness of the health benefits of lycopene—a powerful antioxidant found in tomatoes and red fruits. Consumers, particularly in developed regions, are willing to pay more for healthier and safer products. Innovations in food processing and advancements in extraction techniques are further boosting lycopene’s appeal. These technological improvements have enabled cost-effective, sustainable production, resulting in higher quality and stability for lycopene across diverse applications such as powders, liquids, and gels.

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Key Takeaways

“The Lycopene Food Colors market is at an exciting growth phase, driven by a strong push toward natural ingredients and sustainable solutions. The increasing preference for clean-label and plant-based products positions lycopene as a crucial component in the future of food innovation.” says Nandini Roy Choudhury, Client Partner at Future Market Insights  


Lycopene Food Colors Market Dynamics

Drivers:

Restraints:

Opportunities:

Recent Developments in the Lycopene Food Colors Market

  1. Technological Innovations: Advanced extraction methods are improving the yield and sustainability of lycopene production.
  2. Expansion in Applications: Lycopene is now used in a broader range of industries, including cosmetics, dietary supplements, and functional beverages.
  3. Clean-Label Trends: Increasing consumer demand for natural ingredients has led manufacturers to reformulate their products with lycopene as a primary colorant.

Key Benefits for Stakeholders

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Competitive Analysis

The Lycopene Food Colors market is highly competitive, with key players focusing on innovation and sustainability. Leading companies are investing in R&D to enhance product quality and expand their application portfolio. Strategic collaborations and acquisitions are also common strategies to strengthen market presence and reach.

Major Players Include: San-Ei Gen, Licofarma S.r.l., Dangshan sinojuice food, DSM, BASF, Kagome, Xi’an lyphar biotech corp., Chr. Hansen, Koninklijke DSM N.V., Hoffmann-La roche Ltd., Others

Country-Wise Analysis

USA: Growing Demand for Natural Colors to Boost Market Growth

The USA is witnessing rising demand for natural food colors due to the increasing preference for clean-label products and plant-based diets. The growing population of health-conscious consumers is driving lycopene’s application in beverages, sauces, and dietary supplements.

Germany: Regulatory Support and Health Awareness Fuel Market Expansion

In Germany, the demand for lycopene food colors is growing steadily due to rising health awareness and regulatory support for natural food colorants. Consumers are seeking products that combine nutritional benefits with visual appeal.

India: Expanding Food and Beverage Industry Drives Market Growth

India’s rapidly growing food and beverage industry is a key driver of the lycopene food colors market. The increasing demand for processed foods and clean-label options has spurred interest in natural colorants. Ready-to-eat meals, dairy products, sauces, and beverages are among the key application areas for lycopene.

Explore Food Color Industry Analysis: https://www.futuremarketinsights.com/industry-analysis/food-color

Key Segments of the Report

By Nature:

As per nature, the industry has been categorized into Organic and Conventional.

By Application:

As per Application, the industry has been categorized into Confectionery and Bakery Products, Beverages, Packaged Food/Frozen Products, Dairy Food Products, Cosmetics, Dietary supplements and Others.

By Form:

This segment is further categorized into Powder, Capsule and Syrup.

By Region:

Industry analysis has been carried out in key countries of North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East & Africa.

Explore FMI’s related ongoing Coverage in Food and Beverage Domain:

The food color market is forecasted to advance at a moderate CAGR of 5.8%, promising to reach USD 8.46 billion by 2034. The market valuation of the said market by 2024 will be USD 4.83 billion. 

The global natural food color sales are estimated to be worth 1,835.8 million USD in 2024 and are projected to reach a valuation of 3,679.4 million USD by 2034, expanding at a robust CAGR of 7.2% from 2024 to 2034.

The global betanin food color market is estimated to be worth USD 97.2 million in 2024 and is projected to reach a value of USD 187.7 million by 2034, expanding at a CAGR of 6.8% over the assessment period of 2024 to 2034

The Annatto Food Colors Market is expected to reach a market valuation of nearly USD 208 million by 2023, accelerating with a CAGR of 5.8% between 2023 and 2033.

The overall caramel food colors market value is anticipated to reach USD 466.9 million by 2033, growing at a CAGR of 10% through 2033.

The global coloring foodstuffs market has reached a valuation of USD 671 million in 2023, with a projected CAGR of 4% from 2023 to 2033.

The demand for the global Curcumin Food Color market is expected to be valued at USD 150.20 Million in 2025, forecasted at a CAGR of 11.5% to have an estimated value of USD 362.40 Million from 2025 to 2035.

The synthetic food color market is expected to record a value of USD 678 million in 2024. The industry is forecast to expand at a CAGR of 5.4% in the ten-year time frame. The revenue projection for synthetic food color is going to be USD 1,145 million by 2034.

The Global Plant Based Food Colors industry is estimated to be worth USD 10.7 billion by 2024. It is projected to reach USD 17.9 billion by 2034, reflecting a CAGR of 5.5% over the assessment period 2024 to 2034.

The global anthocyanin food colors market is estimated to be worth USD 352.7 million in 2024 and is projected to reach a value of USD 571.2 million by 2034, expanding at a CAGR of 4.9% over the assessment period of 2024 to 2034.

About Future Market Insights (FMI) 

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries. 

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