Totally, there are a small number of lycopene producers in China, who produce extracted and fermented lycopenes. Producers of extracted lycopene include Xinjiang TomatoRed Biotech and COFCO Tunhe. Producers of fermented lycopene include North China Pharmaceutical Group Corp. (NCPC) and some other small plant extract enterprises.
This month, China’s lycopene market performed steadily. Producers supply powder or ointment lycopene 1%-2%. A larger proportion of natural lycopenes are traded in the market thanks to their higher cost and price than fermented ones.
China faces certain challenge in terms of downstream extension of lycopene. As for China’s market alone, healthcare products with lycopene as ingredient are developed hotly. After the entry of LycoRed, the largest lycopene supplier from Israel into China, Chinese suppliers will confront a stronger rival. In international market, China’s lycopene suppliers have no free brands, always with a small quantity of exports.
Copyright: www.herbridge.com
- White Paper on Bone and Joint Health of Chinese Consumers 2020
- Yili Dairy launched high-protein yogurt, focusing on sport people
- Sinopharm Xingsha launched the Japan's Champion probiotics
- China has introduced its first policy to support the industrial hemp industry
- Beyond Meat became the first overseas Artificial Meat company to set up a factory in China
- Nongfu Spring's market value exceeded HK $370 billion on its first day
- German infant nutrition brand Amykon launched two probiotics in China
- The revenue of Besunyoung in the first half year is about 610 million yuan
- Jellly candy and powder included in the health food filing dosage form in China
- H&H Group net profit increased by 9% for the first half of year
