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PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1264056

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PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1264056

Middle East & Africa Lycopene Food Colors Market, By Product Type, By Form ; By Source ; By Application ; By Country, Trend Analysis, Competitive Landscape & Forecast, 2019-2029

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Middle East and Africa Lycopene Food Colors Market Size Set to Grow at High CAGR of 10.6% During 2023-2029

The Middle East & Africa lycopene food colors market is gaining traction because of the increasing consumer awareness regarding the health benefits of lycopene and growing demand for natural and organic food colors due to the rising health concerns.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects the Middle East and Africa lycopene food colors market size to grow at a steady CAGR of 10.62% during the forecast period between 2023 and 2029. The Middle East & Africa lycopene food colors market is expected to rise significantly due to the increasing demand for natural and clean-label goods as well as the expanding usage of lycopene food color in beverages, packaged meals, and dairy products. In addition to the spike in demand for natural colorants, other macroeconomic factors that are favorably affecting the Middle East and Africa market for lycopene food colors include the rapid adoption of technology advancements related to the production and extraction of lycopene compounds.

Middle East and Africa Lycopene Food Colors Market - Overview

Lycopene, a red pigment, can be found in foods that are red in hue, including tomatoes, papayas, pink grapefruits, pink guavas, and watermelon. Antioxidants found in lycopene are highly concentrated, which aids in the body's defense against free radicals. Consuming lycopene aids in the elimination of free radicals, which are responsible for cell damage in the body. Additionally, lycopene has been linked to a decline in heart-related illnesses, and it also makes diabetes and several forms of cancer, including lung, bone, and prostate cancer, less likely.

Middle East & Africa Lycopene Food Colors Market - By Source

Based on the source, the Middle East & Africa lycopene food colors market is bifurcated into synthetic and natural segments. The natural lycopene food colors segment holds a higher share in the Middle East & Africa lycopene food colors market by source. The interest in natural lycopene has grown, due to the rise in demand for natural lycopene in various applications. Additionally, consumers' preferences for natural lycopene, which is considered safe for intake, have changed as they are becoming more aware of the ill effects associated with its synthetic equivalents.

Impact of COVID-19 on Middle East & Africa Lycopene Food Colors Market

The COVID-19 pandemic adversely affected the Middle East & Africa lycopene food colors market. The use of lycopene food colors in the food business dramatically decreased as a result of the rising number of COVID-19 infected cases and the implementation of lockdown in some countries. Stringent lockdown measures forced the closure of bakeries and other establishments that often utilize lycopene food colors, which had a significant negative impact on market revenue. Due to interruptions in the supply chain and production processes, the lycopene market is projected to experience a mild impact in the post-COVID-19 period as well.

Competitive Landscape

Major players operating in the Middle East & Africa lycopene food colors market include Chr. Hansen Holding A/S, Sensient Technologies Corporation, Naturex S.A., DDW The Colour House, FMC Corporation, Kalsec, Inc., Kancor Ingredients Limited, GNT Group B.V., LycoRed Ltd., Dohler GmbH, Roha Dyechem Pvt. Ltd., ColorMaker, Inc., and Synthite Industries Ltd. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Middle East & Africa Lycopene Food Colors Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Middle East & Africa Lycopene Food Colors Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC23297

Table of Contents

1. Research Framework

  • 1.1. Research Objective
  • 1.2. Product Overview
  • 1.3. Market Segmentation

2. Executive Summary

3. Middle East & Africa Lycopene Food Colors Market Insights

  • 3.1. Industry Value Chain Analysis
  • 3.2. DROC Analysis
    • 3.2.1. Growth Drivers
      • 3.2.1.1. Increasing consumer awareness regarding the health benefits of lycopene
      • 3.2.1.2. The growing demand for natural and organic food colors due to the rising health concerns
      • 3.2.1.3. The rising demand for clean label and non-GMO food products
    • 3.2.2. Restraints
      • 3.2.2.1. The limited availability of raw materials required to produce lycopene food colors
    • 3.2.3. Opportunities
      • 3.2.3.1. The increasing adoption of lycopene food colors in the pet food industry
    • 3.2.4. Challenges
      • 3.2.4.1. The difficulty in achieving consistent quality and color shade in lycopene food colors
  • 3.3. Technology Advancements/Recent Developments
  • 3.4. Regulatory Framework
  • 3.5. Porter's Five Forces Analysis
    • 3.5.1. Bargaining Power of Suppliers
    • 3.5.2. Bargaining Power of Buyers
    • 3.5.3. Threat of New Entrants
    • 3.5.4. Threat of Substitutes
    • 3.5.5. Intensity of Rivalry

4. Middle East & Africa Lycopene Food Colors Market Overview

  • 4.1. Market Size & Forecast, 2019-2029
    • 4.1.1. By Value (USD Million)
  • 4.2. Market Share and Forecast
    • 4.2.1. By Product Type
      • 4.2.1.1. Concentrated
      • 4.2.1.2. Dispersion
    • 4.2.2. By Form
      • 4.2.2.1. Powdered
      • 4.2.2.2. Liquid
    • 4.2.3. By Source
      • 4.2.3.1. Synthetic
      • 4.2.3.2. Natural
    • 4.2.4. By Application
      • 4.2.4.1. Dietary Supplements
      • 4.2.4.2. Food
      • 4.2.4.3. Pharmaceuticals
      • 4.2.4.4. Personal Care Products
    • 4.2.5. By Country
      • 4.2.5.1. Saudi Arabia
      • 4.2.5.2. UAE
      • 4.2.5.3. Qatar
      • 4.2.5.4. Kuwait
      • 4.2.5.5. South Africa
      • 4.2.5.6. Nigeria
      • 4.2.5.7. Algeria
      • 4.2.5.8. Rest of Middle East & Africa

5. Saudi Arabia Lycopene Food Colors Market

  • 5.1. Market Size & Forecast, 2019-2029
    • 5.1.1. By Value (USD Million)
  • 5.2. Market Share & Forecast
    • 5.2.1. By Product Type
    • 5.2.2. By Form
    • 5.2.3. By Source
    • 5.2.4. By Application

6. UAE Lycopene Food Colors Market

  • 6.1. Market Size & Forecast, 2019-2029
    • 6.1.1. By Value (USD Million)
  • 6.2. Market Share & Forecast
    • 6.2.1. By Product Type
    • 6.2.2. By Form
    • 6.2.3. By Source
    • 6.2.4. By Application

7. Qatar Lycopene Food Colors Market

  • 7.1. Market Size & Forecast, 2019-2029
    • 7.1.1. By Value (USD Million)
  • 7.2. Market Share & Forecast
    • 7.2.1. By Product Type
    • 7.2.2. By Form
    • 7.2.3. By Source
    • 7.2.4. By Application

8. Kuwait Lycopene Food Colors Market

  • 8.1. Market Size & Forecast, 2019-2029
    • 8.1.1. By Value (USD Million)
  • 8.2. Market Share & Forecast
    • 8.2.1. By Product Type
    • 8.2.2. By Form
    • 8.2.3. By Source
    • 8.2.4. By Application

9. South Africa Lycopene Food Colors Market

  • 9.1. Market Size & Forecast, 2019-2029
    • 9.1.1. By Value (USD Million)
  • 9.2. Market Share & Forecast
    • 9.2.1. By Product Type
    • 9.2.2. By Form
    • 9.2.3. By Source
    • 9.2.4. By Application

10. Nigeria Lycopene Food Colors Market

  • 10.1. Market Size & Forecast, 2019-2029
    • 10.1.1. By Value (USD Million)
  • 10.2. Market Share & Forecast
    • 10.2.1. By Product Type
    • 10.2.2. By Form
    • 10.2.3. By Source
    • 10.2.4. By Application

11. Algeria Lycopene Food Colors Market

  • 11.1. Market Size & Forecast, 2019-2029
    • 11.1.1. By Value (USD Million)
  • 11.2. Market Share & Forecast
    • 11.2.1. By Product Type
    • 11.2.2. By Form
    • 11.2.3. By Source
    • 11.2.4. By Application

12. Rest of Middle East & Africa Lycopene Food Colors Market

  • 12.1. Market Size & Forecast, 2019-2029
    • 12.1.1. By Value (USD Million)
  • 12.2. Market Share & Forecast
    • 12.2.1. By Product Type
    • 12.2.2. By Form
    • 12.2.3. By Source
    • 12.2.4. By Application

13. Competitive Landscape

  • 13.1. List of Key Players and Their Offerings
  • 13.2. Middle East & Africa Lycopene Food Colors Market Share Analysis, 2022
  • 13.3. Competitive Benchmarking, By Operating Parameters
  • 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

14. Impact of Covid-19 on Middle East & Africa Lycopene Food Colors Market

15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)

  • 15.1. Chr. Hansen Holding A/S
  • 15.2. Sensient Technologies Corporation
  • 15.3. Naturex S.A.
  • 15.4. DDW The Colour House
  • 15.5. FMC Corporation
  • 15.6. Kalsec, Inc.
  • 15.7. Kancor Ingredients Limited
  • 15.8. GNT Group B.V.
  • 15.9. LycoRed Ltd.
  • 15.10. Dohler GmbH
  • 15.11. Roha Dyechem Pvt. Ltd.
  • 15.12. ColorMaker, Inc.
  • 15.13. Synthite Industries Ltd.
  • 15.14. Other Prominent Players

16. Key Strategic Recommendations

17. Research Methodology

  • 17.1. Qualitative Research
    • 17.1.1. Primary & Secondary Research
  • 17.2. Quantitative Research
  • 17.3. Market Breakdown & Data Triangulation
    • 17.3.1. Secondary Research
    • 17.3.2. Primary Research
  • 17.4. Breakdown of Primary Research Respondents, By Region
  • 17.5. Assumptions & Limitations

*Financial information of case of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable

Product Code: BWC23297

List of Figures

  • Figure 1 Middle East & Africa Lycopene Food Colors Segmentation
  • Figure 2 Middle East & Africa Lycopene Food Colors Market Value Chain Analysis
  • Figure 3 Company Market Share Analysis, 2022
  • Figure 4 Middle East & Africa Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 5 Middle East & Africa Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 6 Middle East & Africa Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 7 Middle East & Africa Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 8 Middle East & Africa Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 9 Middle East & Africa Lycopene Food Colors Market Share, By Country, By Value, 2019-2029
  • Figure 10 Saudi Arabia Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 11 Saudi Arabia Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 12 Saudi Arabia Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 13 Saudi Arabia Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 14 Saudi Arabia Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 15 UAE Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 16 UAE Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 17 UAE Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 18 UAE Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 19 UAE Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 20 Qatar Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 21 Qatar Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 22 Qatar Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 23 Qatar Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 24 Qatar Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 25 Kuwait Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 26 Kuwait Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 27 Kuwait Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 28 Kuwait Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 29 Kuwait Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 30 South Africa Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 31 South Africa Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 32 South Africa Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 33 South Africa Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 34 South Africa Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 35 Nigeria Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 36 Nigeria Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 37 Nigeria Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 38 Nigeria Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 39 Nigeria Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 40 Algeria Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 41 Algeria Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 42 Algeria Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 43 Algeria Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 44 Algeria Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Figure 45 Rest of Middle East & Africa Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Figure 46 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Figure 47 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Figure 48 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Figure 49 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Application, By Value, 2019-2029

List of Tables

  • Table 1 Middle East & Africa Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 2 Middle East & Africa Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 3 Middle East & Africa Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 4 Middle East & Africa Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 5 Middle East & Africa Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 6 Middle East & Africa Lycopene Food Colors Market Share, By Country, By Value, 2019-2029
  • Table 8 Saudi Arabia Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 9 Saudi Arabia Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 10 Saudi Arabia Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 11 Saudi Arabia Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 12 Saudi Arabia Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 13 UAE Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 14 UAE Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 15 UAE Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 16 UAE Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 17 UAE Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 18 Qatar Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 19 Qatar Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 20 Qatar Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 21 Qatar Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 22 Qatar Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 23 Kuwait Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 24 Kuwait Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 25 Kuwait Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 26 Kuwait Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 27 Kuwait Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 28 South Africa Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 29 South Africa Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 30 South Africa Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 31 South Africa Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 32 South Africa Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 33 Nigeria Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 34 Nigeria Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 35 Nigeria Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 36 Nigeria Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 37 Nigeria Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 38 Algeria Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 39 Algeria Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 40 Algeria Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 41 Algeria Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 42 Algeria Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 43 Rest of Middle East & Africa Lycopene Food Colors Market Size, By Value (USD Million), 2019-2029
  • Table 44 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Product Type, By Value, 2019-2029
  • Table 45 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Form, By Value, 2019-2029
  • Table 46 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Source, By Value, 2019-2029
  • Table 47 Rest of Middle East & Africa Lycopene Food Colors Market Share, By Application, By Value, 2019-2029
  • Table 48 Chr. Hansen Holding A/S Company Overview
  • Table 49 Chr. Hansen Holding A/S Financial Overview
  • Table 50 Sensient Technologies Corporation Company Overview
  • Table 51 Sensient Technologies Corporation Financial Overview
  • Table 52 Naturex S.A. Company Overview
  • Table 53 Naturex S.A. Financial Overview
  • Table 54 DDW The Colour House Company Overview
  • Table 55 DDW The Colour House Financial Overview
  • Table 56 FMC Corporation Company Overview
  • Table 57 FMC Corporation Financial Overview
  • Table 58 Kalsec, Inc. Company Overview
  • Table 59 Kalsec, Inc. Financial Overview
  • Table 60 Kancor Ingredients Limited Company Overview
  • Table 61 Kancor Ingredients Limited Financial Overview
  • Table 62 GNT Group B.V. Company Overview
  • Table 63 GNT Group B.V. Financial Overview
  • Table 64 LycoRed Ltd. Company Overview
  • Table 65 LycoRed Ltd. Financial Overview
  • Table 66 Dohler GmbH Company Overview
  • Table 67 Dohler GmbH Financial Overview
  • Table 68 Roha Dyechem Pvt. Ltd. Company Overview
  • Table 69 Roha Dyechem Pvt. Ltd. Financial Overview
  • Table 70 ColorMaker, Inc. Company Overview
  • Table 71 ColorMaker, Inc. Financial Overview
  • Table 72 Synthite Industries Ltd. Company Overview
  • Table 73 Synthite Industries Ltd. Financial Overview
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