Opendata, web and dolomites

LycoSOL SIGNED

Feasibility Analysis on the Extraction of Lycopene from Tomato Peel through Organic Synthesis

Total Cost €

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EC-Contrib. €

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Partnership

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 LycoSOL project word cloud

Explore the words cloud of the LycoSOL project. It provides you a very rough idea of what is the project "LycoSOL" about.

insects    cochineal    waste    polish    plants    deep    benefits    capitalising    food    industry    2023    2018    stop    link    launch    bright    decades    synthetic    health    113m    lycopene    colouring    first    extracts    100    biocapsol    tomato    types    benign    question    nutraceuticals    lycosol    desirable    aluminium    cagr    name    disorder    children    colour    adversely    dyes    behavioral    trl6    red    artificial    nesquik    phytochemicals    advocacy    parents    environmentally    encapsulating    public    salt    stage    chemistries    safety    tactic    market    colours    117m    replacing    10    groups    grow    industrial    size    hyperactivity    deficit    mentos    notably    pigment    paste    nestle    e120    carmine    annually    amounts    formulate    foods    adhd    carminic    appealing    acid    ingredients    extracting    vegetables    certain    scientific    share    sustainable       diagnosed    natural    linked    commercialization    global    carotenoids    rainbow    content    biological    cancer    animals   

Project "LycoSOL" data sheet

The following table provides information about the project.

Coordinator
BIOCAPSOL KIMYA ANONIM SIRKETI 

Organization address
address: SANAYI MAHALLESI TEKNOPARK BULVARI 1/1A BLOK 109-110-111
city: PENDIK ISTANBUL
postcode: 34906
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Turkey [TR]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2020-01-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BIOCAPSOL KIMYA ANONIM SIRKETI TR (PENDIK ISTANBUL) coordinator 50˙000.00

Map

 Project objective

Artificial food colouring makes the foods more appealing and desirable, a tactic the food industry has been capitalising on for decades. One of the most used artificial food colouring is Carmine or E120 (Used in Nestle Nesquik, Rainbow Mentos, etc.) a pigment of a bright-red colour obtained from the aluminium salt of carminic acid, which is produced by some scale insects, such as the cochineal scale and the Polish cochineal, and is used as a general term for a particularly deep-red colour of the same name. While the safety of these dyes has been called into question, consumer advocacy groups and recent scientific research have linked these food dyes to a number of potential health problems, most notably, certain types of cancer in animals and attention-deficit disorder and hyperactivity in children. The link between artificial colours and behavioral problems is a concern, especially for parents of children diagnosed with ADHD. LycoSOL extracts and formulate natural ingredients (nutraceuticals and phytochemicals) from the waste products of food processing, by using (i) biological, (ii) sustainable and (iii) environmentally friendly, novel processes to stop the use of synthetic food colouring, known to adversely affect the public health and replacing them by ingredients with major health benefits. BioCapSOL aims to provide an improved process for extracting and encapsulating biological content from plants and vegetables using benign chemistries that can be applied at an industrial scale. The LycoSOL extracts the carotenoids from waste by-products of tomato paste production through a 100% natural and low-cost production method. LycoSOL is currently at TRL6 stage. The global market size for lycopene amounts to €113M in 2018 and the market is expected to grow annually by 3.5% (CAGR 2018-2023) is estimated to be more than €117M. BioCapSOL aims to achieve between the 5 to 10% of market share in the first five year from the commercialization launch.

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The information about "LYCOSOL" are provided by the European Opendata Portal: CORDIS opendata.

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