STUDY OF LYCOPENE IN FOOD AND COSMETICS INDUSTRY IN INDIA AND TO KNOW THE IMPORTANCE OF LYCOPENE

The lycopene market is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2021 to 2030, from its 2020 valuation of $107.2 million to $187.3 million. In 2020, the powder category held the most market share for lycopene, and it is anticipated to continue to do so for the duration of the forecast. Lycopene, a potent natural antioxidant and carotenoid, has gained significant attention in health sciences and the food industry for its diverse health benefits and functional applications. This project explores lycopene's role in promoting human health and its application as a natural ingredient in food products. Found in tomatoes, watermelon, red oranges, and other red-hued fruits and vegetables, lycopene helps counteract oxidative stress by neutralizing harmful free radicals, thus reducing the risk of various chronic diseases, including cancer, heart disease, and diabetes. Additionally, lycopene's neuroprotective properties may alleviate symptoms related to neurological conditions, such as Alzheimer's and Parkinson's, while also supporting skin and hair health. The food industry leverages lycopene for its antioxidant properties, natural color enhancement, and role as a functional ingredient. As consumer demand shifts towards clean-label and health-promoting food products, lycopene’s natural red-pigment qualities make it a popular choice over synthetic additives, especially in tomato-based products. Furthermore, lycopene-enriched functional foods allow companies to highlight health benefits, such as supporting heart, immune, and skin health, due to its anti-inflammatory and protective properties. This project examines lycopene’s biological benefits and its integration into food products, contributing to a broader understanding of its potential to improve consumer health and align with natural ingredient trends in the food industry.