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.

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

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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