A lycopene-containing oil-in-water emulsion composition and a method of producing the emulsion composition, the emulsion composition includes an oil phase containing lycopene in an amount of from 0.00001 % to 0.1 % by mass or less with respect to a total mass of the emulsion composition, and an aqueous phase containing at least one kind selected from the group consisting of ascorbic acid, derivatives thereof, salts thereof ascorbic acid and derivatives of ascorbic acid, wherein an average particle diameter of emulsion particles is 120 nm or less.