openPR Logo
Press release

What's driving the Coenzyme Q10 (CoQ10) Market?

08-26-2019 02:42 PM CET | Energy & Environment

Press release from: Graphical Research

Global Coenzyme Q10 (CoQ10) Market size is expected to grow over USD 1.5 billion by 2024, owing to its favorable application overview for treating ailments such as cancer, Parkinson’s syndrome, cognitive illness, periodontal, kidney failure, neurological disease, cardiovascular disease, and Huntington’s disease. Industry growth is catalyzed by the use of coenzyme Q10 as a main constituent in the cosmetics industry, primarily owing to its antioxidant feature/property. Coenzyme Q10 supports the mental growth of a person and its use in everyday diet can help in inhibiting neurodegenerative disorders in aging populations. All these features will supplement the demand for Coenzyme Q10.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1089/sample

Coenzyme Q10 Market size is forecast to be valued at over USD 1.5 billion by 2024

Coenzyme Q10 industry size valued over USD 890 million during 2017 is anticipated to record around 9% CAGR during 2018-2024. CoQ10 is the main component of anti-aging products due to its antioxidant feature. Furthermore, the geriatric population in China, Japan, U.S., Russia, and UK are fueling the demand for these products driving Coenzyme Q10 market trends. Furthermore, an increase in the amount of cosmeceutical companies targeting or focusing on skin care applications is predicted to boost coenzyme industry growth. Its use as an essential component in functional foods and energy drinks helps in improving aerobic cellular respiration which in turn drives the industry growth.

However, the dearth of rules in regulating/controlling the use of coenzyme Q10 in therapeutic treatment is predicted to hamper industry growth. Limited/Restricted supply of raw material types such as tryptone, hexane, and peptone can adversely impact Coenzyme Q10 market price trend.

Coenzyme Q10 industry is segmented in terms of applications and regions.

Pharmaceutical application segment is anticipated to record a CAGR of over 9.5% during 2018-2024

Make an Inquiry for purchasing this Report @ https://www.graphicalresearch.com/request/1089/inquiry-before-buying

The application segment comprises of cosmetics, pharmaceuticals, and dietary supplements.

Coenzyme cosmetics application segment is predicted to exceed USD 140 million by the end of the forecast period with its growth attributed to its use in sunscreen lotions, anti-wrinkle products, and moisturizers.

Pharmaceutical application segment is projected to grow at more than 9.5% during the forecast timeline. Cognitive, heart, and periodontal disorders occur due to Coenzyme Q10 deficiency and its use in successfully treating Parkinson and migraine ailments is predicted to increase coenzyme Q10 market share.

Dietary supplements applications segment worth over USD 300 million during 2017 will witness considerable growth in coming years due to increasing awareness about malnourishment and growing health concerns. Further, enhanced use of CoQ10 enzyme in the oral spray, tablets, vegetable & soybean oil and hydrophilic gels is predicted to boost coenzyme Q10 market for the segment. Consumption of the coenzyme Q10 through dietary supplements improves blood proportion and aids the process of anti-oxidation, thereby helping in the prevention of metabolic disorders and oxidative stress. All these factors are projected to boost the demand for dietary supplements.

Asia-Pacific Coenzyme Q10 (CoQ10) market is forecast to witness a growth of over 10% during 2018-2024

Browse Table of Contents @ https://www.graphicalresearch.com/table-of-content/1089/coenzyme-q10-market

Latin America is predicted to boost the Coenzyme Q10 market demand and the flourishing cosmetics market in Mexico and Brazil are predicted to supplement the regional growth. Furthermore, an increase in gross income coupled with favorable factors for therapeutic treatments is predicted to contribute towards the regional industry growth.

North America, dominated by U.S. Coenzyme Q10 (CoQ10) industry share, worth over USD 270 million during 2017 is predicted to witness substantial growth due to major contributions by U.S. coenzyme Q10 (CoQ10) market in personal care products and functional beverages.

Asia Pacific Coenzyme Q10 industry is predicted to record a CAGR of over 10% during the forecast timeline owing to the extensive demand for cosmetic products in India and China. Furthermore, rising awareness about dietary products as well as an increase in gross income has boosted the regional growth.

Key industry players are Hwail Pharmaceutical, Pharmavite, SourceOne, Nisshin Sheifun, Kaneka, and Tishcon.

Segments Covered in this Report:

Coenzyme Q10 Market By Application
Pharmaceutical
Dietary Supplements
Cosmetics
Others

Browse key industry insights from this Report @ https://www.graphicalresearch.com/industry-insights/1089/coenzyme-q10-market

Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com

About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release What's driving the Coenzyme Q10 (CoQ10) Market? here

News-ID: 1826193 • Views:

More Releases from Graphical Research

Medical Oxygen Concentrators Market is Moving Fast! | Major Key Companies are Co …
An analysis of medical oxygen concentrators market has been provided in the latest report introduced by Graphical Research that primarily focuses on the market trends, demand spectrum, and prospects of this industry over the forecast period. Furthermore, the report provides a detailed statistical overview in terms of trends outlining the geographical opportunities and contributions by prominent industry share contenders. Evidence suggests that oxygen concentrators are not only a cost-effective solution
Why the Hand Sanitizer Market Is Set To Explode? | Key Players are 3M, Best Sani …
The global hand sanitizer market share is expected to gain immense traction over the forecast spell, owing to the rising impact of the COVID-19 pandemic. COVID-19, an infectious disease caused by the SARS-CoV-2 virus, is spreading across the globe at a rapid pace. This pandemic has created an unprecedented public health crisis and has, in turn, triggered several initiatives by healthcare providers worldwide to curb further impact. Regulatory authorities and
Guidewires Market: What are the Future Growth Opportunities? Top Players: Stryke …
The global guidewires market is slated to witness an upward trend over the next few years, fueled by the growing popularity of minimally invasive procedures. Guidewires are an important piece of medical equipment designed and developed to provide reliability, flexibility, and improved performance during surgical procedures. Since their introduction, the technology has evolved rapidly and is constantly finding its way into new applications. A guidewire is a wire used to
Yeast Extract Market 2021 Emerging Trends || Leading Players Kerry Group, Lesaff …
A comprehensive research study on yeast extract market introduced by Graphical Research provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players. Yeast extract market is expected to show steady growth in the coming years and below are the key trends enhancing

All 5 Releases


More Releases for Q10

Global Coenzyme Q10 Market 2018 - Haotian, ZMC, NHU
Apex Market Research, recently published a detailed market research study focused on the "Coenzyme Q10 Market" across the global, regional and country level. The report provides 360° analysis of "Coenzyme Q10 Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Coenzyme Q10 industry, and estimates the future trend of Coenzyme Q10 market
Coenzyme Q10 (CoQ10) Market worth $1bn by 2024
Coenzyme Q10 Market size is forecast to exceed USD 1 billion by 2024; according to a new research report by Global Market Insights, Inc. Positive trend towards increasing application scope for dietary supplements and medical treatment industry should drive Coenzyme Q10 market size. It is used in disease treatment such as mental disorders and cardiovascular ailments. Request for Sample Copy of this report @ https://www.gminsights.com/request-sample/detail/741 Asia Pacific, led by India and China
Coenzyme Q10 Market Estimated to Flourish by 2026
The market of Coenzyme Q10 is expected to witness modest growth in the coming years. High medicinal value of Coenzyme Q10 coupled with its increasing demand in the cosmetic applications, such as sunscreen lotions and anti-ageing creams are expected to drive the growth of global coenzyme Q10 market. Additionally, its high growth can be attributed to various macro-economic factors such as growing geriatric population, recovered GDP, increased disposable income, increasing
PMR - Coenzyme Q10 Market : Global Snapshot by 2026
The market of Coenzyme Q10 is expected to witness modest growth in the coming years. High medicinal value of Coenzyme Q10 coupled with its increasing demand in the cosmetic applications, such as sunscreen lotions and anti-ageing creams are expected to drive the growth of global coenzyme Q10 market. Additionally, its high growth can be attributed to various macro-economic factors such as growing geriatric population, recovered GDP, increased disposable income, increasing
Emerging Demand of Coenzyme Q10 Market 2026
The market of Coenzyme Q10 is expected to witness modest growth in the coming years. High medicinal value of Coenzyme Q10 coupled with its increasing demand in the cosmetic applications, such as sunscreen lotions and anti-ageing creams are expected to drive the growth of global coenzyme Q10 market. Additionally, its high growth can be attributed to various macro-economic factors such as growing geriatric population, recovered GDP, increased disposable income, increasing
Coenzyme Q10 (CoQ10) Market - Global Industry Analysis 2019
Coenzyme Q10 (CoQ10) is a naturally occurring vitamin-like substance present in plants, animals, and humans. It plays an important role in the production of cellular energy and in the basic functioning of cells. In the human body, it is found in the heart, liver, kidney, and pancreas. Coenzyme Q10 is industrially manufactured largely by yeast fermentation and on a smaller scale by bacterial fermentation. It is largely used in the