Lycored News
15 articles
growth-positive
Dafna Cohen-Asher Named CEO of Lycored, ADAMA-Owned Global Leader in Natural Ingredients for the Food, Beverage, and Supplement Industries
ADAMA has appointed Dafna Cohen-Asher as the new CEO of its subsidiary, Lycored, a leader in natural ingredients for the health, food, and beauty industries. Cohen-Asher, who has extensive experience in business development and strategic management, will focus on expanding Lycoreds global reach and strengthening its sales and marketing networks. Lycored, known for its zero-waste model and extensive product portfolio, operates in over 75 countries. The appointment is seen as a strategic move to unlock new opportunities and drive growth in the food and health sectors.
Management Changes
growth-negative
אדמה מעמידה למכירה את הבעלות בליקורד בעקבות ההפסדים הכבדים
Adama, the worlds largest manufacturer of generic agrochemicals, is planning to sell its subsidiary, Lycored, due to heavy losses. The company, led by Steve Hawkins, has hired the investment bank Rothschild to handle the sale. The deal has been offered to private investment funds Tene and Fortissimo among others. Adama is struggling with heavy losses due to a slump in the agrochemical market and a net financial debt of $2 billion. Lycored, which develops nutritional supplements, has seen a gradual decline in its sales to $80 million in 2023.
Acquired-by
growth-positive
Plant-based trend dependent on convincing natural colors, says Lycored
Lycored, a global leader in lycopene-based color and flavor-enhancing solutions for food, is seeing a surge in demand for its products as the plant-based food industry grows. The companys head of marketing, Christiane Lippert, highlighted the importance of coloration in making plant-based products visually appealing and familiar to consumers. She also noted the increasing consumer preference for clean label, vegan, and allergen-free ingredients. Lycoreds lycopene-based colors, which are derived from tomatoes, are a popular choice for many meat substitutes, particularly for pink and red shades. The company has expanded production due to the extraordinary demand for its lycopene colors.
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https://www.foodbev.com/news/lycored-expands-its-tomato-based-lycopene-production/?__cf_chl_jschl_tk__=92f406ecdd2d1dae9731d5202053304f3c06196f-1607860421-0-AR2mFShQnBX-hgQNHd2KcoLFFKkRD23emyGibCq-wkO0s8KbIYsTPM98jaOi3tbXi-ScOc761vfXnj30ROC6NUmZ2KSHo47ALCgOwvMad3Tazo2YuxJAWNaGqHpnQjOKqkCepQ3vf_VcgYPRCE74tZEdb-vuuIicptgqBJO-typqIbdNF4eejEqgjQiRQvYrZf4S4jR4Z04S71CncLqqi84ee4tzKEDT-kWq2Dm8Mh_oWXfDXgNyMeIq3e0xcSEdzFxCawXFV-Ta5cXgU38f4u6FcOX4zg9rQLlWV7zrF2swrPTPeX5Yv-yqIzW8ICbFID_gUvJ-BeSxjAQF4efjb_N
growth-positive
Lycored Launches Digital Initiatives Celebrating Lycopene - WholeFoods Magazine
Lycored has launched two new digital initiatives to raise awareness about lycopene. The company has overhauled its Lycopedia and launched a consumer-friendly site, lycopene.com. These initiatives aim to increase awareness of the valuable role of lycopene in the nutrition industry and among consumers. The companys decision is backed by a new white paper that found a significant percentage of consumers use websites, blogs, apps, or devices to support their wellness lifestyles. Lycored believes that lycopene is more than a phytonutrient and wants to share its findings with consumers through these digital resources. The company sees providing digital wellness tools as an important way to support consumers on their gradual wellness journey.
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growth-positive
Lycored Launches littleglow, the Wellness App Bringing Positive Moments to Everyday Life
Lycored has announced the launch of their new interactive app, littleglow, which aims to make wellness easy and accessible. The app provides mental, physical, and spiritual activities to users phones each week. It is part of Lycoreds #rethinkbeautiful campaign and promotes the idea that beauty and wellness go hand in hand. The app was designed in partnership with Madwell, a creative agency, and offers engaging exercises called Pops of Positivity. Users can download the app, create a profile, and receive five Pops of Positivity notifications per week. The app is available for free on the App Store and Google Play.
Customers
growth-positive
Lycored to publish new research on tomato UV protection benefits
Lycored, a global wellness company specializing in natural carotenoids, will be exhibiting at In Cosmetics Global. The company will be publishing new research on the skin protection benefits of tomato phytonutrients. The research supports the idea that skin wellness can be enhanced at the cellular level through oral supplementation. The tested product, Lycoderm, is a nutritional solution inspired by the Mediterranean diet and is designed to foster overall skin wellness. The article emphasizes the growing understanding that wellness and beauty are interconnected and that true beauty starts from the inside.
CustomersPartners
growth-positive
Lycored: 'Non-GMO Project' approved
Lycoreds tomato extract, Lycomato, has become the first tomato extract to carry the Non-GMO Project Verified seal. This achievement is a growth-positive impact for the company. Consumer demand for non-GMO products is rising, and the Non-GMO Project Verified label is the fastest growing in the natural products industry. Lycomato is a proprietary blend of carotenoids, tocopherols, and phytosterols sourced from non-GMO tomatoes. The Non-GMO Project is a non-profit organization dedicated to building and protecting a non-GMO food supply. The article does not mention any specific customers, investment amounts, layoffs, or acquisition details. The event described in the article does not have a specific date mentioned.
Customers
Lycored: Natural Colors
growth-positive
Why men are a ripe target for ingestible beauty and skin care brands
Nutraceuticals company Lycored conducted research that found men are more open to the idea of ingestible skin care products than women. The research indicates potential opportunities for brands in the male beauty from within market. Men were found to be more willing to take skin care supplements and spend less time on topical products compared to women. The beauty supplements and nutricosmetics market, driven by the wellness movement, was worth over $3 billion globally in 2017. The impact of the article on Lycored is growth-positive.
CustomersPartners
growth-positive
Lycored tests show natural colors are stable
Lycored, a company specializing in natural colors for fruit preparations in yogurts, conducted stability testing on their naturally-sourced colors. The testing aimed to assess the performance and stability of their colors in fruit preparations for yogurts. The company compared the stability of their colors with other naturally-sourced colors, such as carmine. The results showed that Lycoreds colors demonstrated better stability and minimal fade compared to alternative colorants. The testing also revealed that the colors remained stable under the heat process of scaled industrial production. Lycored believes that their testing results provide greater opportunities for coloring products naturally without compromising stability.
Customers
growth-positive
LycoRed extends #rethinkbeautiful campaign with valentines day message
Lycored launched a video in honor of Valentines Day as part of their #rethinkbeautiful campaign. The video promotes the idea of loving oneself and the importance of ingestible skincare. It features individuals struggling to answer what they love about themselves but easily describing what they love about others. Lycored encourages viewers to write a digital love letter and will return the letters to the senders. The campaign also includes an advertising campaign in London and direct mailers to dermatologists. The goal is to create awareness for Lycoreds cosmeceutical product, Lycoderm, in the ingestible skincare market.
Customers
http://www.nutraingredients.com/Suppliers2/Lycored-makes-a-play-for-European-Beauty-From-Within-market
growth-positive
Colouring food naturally works best says Lycored - Food & Beverage Industry News
Lycored has developed a range of vibrant natural colors that make it easy for food and beverage manufacturers to replace artificial ingredients. The natural colors are certified Kosher and Halal, non-GMO, vegetarian, and heat, light, and pH stable. The range includes Tomat-O-Red, a red color alternative to unstable beetroot and anthocyanins, and Lyc-O-Beta, a yellow to orange color sourced from a natural fungus. The colors are available in liquid formats and offer application benefits such as stability in pasteurization and UHT processes. Lycoreds natural colors provide a solution to the technical problems faced by manufacturers when using natural colors. The company aims to meet the demand for natural, safe, and visually appealing food and beverage products.
Customers
growth-positive
Israel's LycoRed provides a natural sunscreen from within [VIDEO]
Israeli company LycoRed has developed a tomato-based extract called Lyc-O-Mato, which is designed to protect the skin against harmful UV radiation. The extract, marketed in Europe by Inneov and Oenobiol, is expected to be available in the US within a year. LycoReds extract, made from a special breed of tomatoes, contains carotenoids that shield the skin from sunburn and premature aging. Scientific evidence suggests that tomatoes, in addition to sun protection, may improve the immune system and protect against degenerative diseases. While Lyc-O-Mato is not a sunscreen replacement, it can be part of a daily regimen for maintaining skin beauty and elasticity.
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