Press release
Coenzyme Q10 Market Industry Analysis Report, Application Potential, Covid-19 Impact Analysis, Price Trend, Competitive Market 2022- 2028
The Global Coenzyme Q10 (Ubiquinone) market was estimated at USD 392.42 Million in 2021 and is anticipated to reach USD 515.70 Million by 2028, growing at a CAGR of 3.98%.
A coenzyme is an organic molecule that helps in the catalysis of a reaction by holding the active sites of specific enzymes together. Coenzymes can also operate as intermediate electron carriers during these reactions or as functional groups that are transferred from one enzyme to another. For instance, in order to convert pyruvate to acetyl coenzyme A (CoA), it is necessary to have two cellular redox enzymes, oxidized nicotinamide adenine dinucleotide (NAD) and minimized nicotinamide adenine dinucleotide (NADH), as well as free CoA, lipoic acid (LA), thiamine pyrophosphate (TPP).
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Market Dynamics:
Driver:
Due to its efficiency in producing coenzyme Q10, the microbial fermentation method for producing it has gained increased popularity and acceptance. Due to the increasing demand and consumption of nutraceutical supplements containing coenzyme Q10, which can be used as an effective treatment for a variety of heart problems, coenzyme Q10 is primarily employed in the nutraceuticals business as an end-use product. Additionally, its use in therapeutic applications aimed at reducing the onset of certain metabolic illnesses, such as diabetes, cancer, and cardiovascular problems, has been fueled by its strong antioxidant properties. Additionally, using coenzyme Q10 supplements has aided in beneficial outcomes, especially in patients on statins.
Opportunities:
In the coming years, it is projected that increasing public knowledge of the advantages of treating cognitive diseases and visual conditions would lead to prosperous business prospects. Furthermore, coenzymes, which are typically vitamins or their derivatives, play a critical part in controlling the majority of enzyme activity.
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Market Segmentation
Global Coenzyme Q10 [Ubiquinone] Market Research report comprises of Porter's five forces analysis to do the detail study about its each segmentation like Product segmentation, End-user/application segment analysis and Major key players analysis mentioned as below;
Segmentation Analysis of Coenzyme Q10 [Ubiquinone] Market:
Based on Application, the dietary supplements segment accounted for the largest share. Coenzyme Q10 volume was estimated at around 1,000 tons in 2015. The segment growth is probably to be driven by advantageous product properties that include antioxidant and energy generation properties.
By Type
• Chemical Synthesis
• Microbial Fermentation
By Application
• Food
• Medicine
• Cosmetics
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Regional Insights
North America region dominates coenzyme Q10 (Ubiquinone) market. In North America, there has been a growth in the utilization of coenzymes owing to high incidences of diseases, such as high blood pressure, high cholesterol (especially when taking statin drugs), coronary heart diseases, atherosclerosis, heart arrhythmia diseases, and congestive heart failures. Coenzymes help protect the heart and blood vessels from the damaging effects of oxidative stress. North America is probably to create prolific demand for the coenzyme Q10 (Ubiquinone) market over the forecast period.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
Players Covered in Coenzyme Q10 [Ubiquinone]
Market are:
• Kingdomway
• Kaneka
• Space Biology
• NHU
• Pharma Essentia
• Yuxi Jiankun
• Haotian
• ZMC and Other Major Players.
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Key Industry Developments
In January 2021, a Japanese company, Kaneka Corporation introduced "Watashi no Chikana (My Energy) Q10 Yoghurt". The product provides consumers with a convenient option to accomplish the dietary intake of the active form of CoQ10.
In July 2018, Xiamen Kingdomway Group Co. introduced its new CoQ10/Magnesium for sports nutrition enthusiasts. These products are naturally generated and are high easier on the digestive tract which may enhance the company's market shares.
Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
3.5.1 Drivers
3.5.2 Restraints
3.5.3 Opportunities
3.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 4: Coenzyme Q10 [Ubiquinone] Market by Type
4.1 Coenzyme Q10 [Ubiquinone] Market Overview Snapshot and Growth Engine
4.2 Coenzyme Q10 [Ubiquinone] Market Overview
4.3 Chemical Synthesis
4.3.1 Introduction and Market Overview
4.3.2 Historic and Forecasted Market Size (2016-2028F)
4.3.3 Key Market Trends, Growth Factors and Opportunities
4.3.4 Chemical Synthesis: Grographic Segmentation
4.4 Microbial Fermentation
4.4.1 Introduction and Market Overview
4.4.2 Historic and Forecasted Market Size (2016-2028F)
4.4.3 Key Market Trends, Growth Factors and Opportunities
4.4.4 Microbial Fermentation: Grographic Segmentation
Chapter 5: Coenzyme Q10 [Ubiquinone] Market by Application
To Be Continue…
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