Press release
Coenzyme Q10 (CoQ10) Market to grow at 10% of CAGR from 2016 to 2024: Global Market Insights Inc
The research report“Coenzyme Q10 (CoQ10) Market Size By Application (Pharmaceuticals, Dietary Supplements, Cosmetics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Poland, China, India, Japan, Brazil, Mexico), Price Trend, Competitive Market Share & Forecast, 2016 – 2024 “ Coenzyme Q10 Market size is expected to reach USD 1.01 billion by 2024; according to a new research report by Global Market Insights, Inc.Strong application scope in medical treatment and dietary supplements industry should drive global coenzyme Q10 market size. It is widely used in the treatment of various diseases such as cardiovascular ailments, cognitive illnesses and other ailments They are used to promote energy generation in cell membrane and essential in metabolism of organisms.
Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/741
North America, dominated by U.S. coenzyme Q10 market size, may surpass USD 550 million by 2024. Strong application outlook in functional beverages and personal care products should favor industry growth. FDA recognizes it solely as a dietary supplement. Growing importance for dietary or nutritional products due to changing lifestyle and undernourishment among young population may complement industry growth.
Dietary supplements market size was the largest and may generate over 9% growth. Increasing anti-oxidant and energy generating compounds demand in dietary supplements formulation should fuel CoQ10 market size. It finds applications in oil capsules such as soy bean and vegetable oil, tablets, oral sprays, power filled capsules and hydrophilic gels formulation. Dietary supplements are important compounds as coenzymes synthesis weakens in correlation with evolving age.
Asia Pacific, particularly China coenzyme Q10 market, should witness significant gains with booming dietary supplements and cosmetics industry. Emergence of small scale manufacturers coupled with growing cosmetics usage in China and India may favor industry growth during the forecast timeframe. Strong outlook in personal care products demand along with ageing population in Japan should drive regional industry growth.
Few industries in CoQ10 market are involved in supply and distribution of product to end users such as pharmaceutical producers, dietary supplement & nutraceutical and cosmetics manufacturers. Major chemicals used for production include yeast extract, malt extract, peptone, tryptone, hexane HPLC and absolute alcohol. These raw materials may face tight supply dynamics and affect coenzyme Q10 market price trend.
Browse key industry insights spread across 95 pages with 74 market data tables &14 figures& charts from the report, “Coenzyme Q10 (CoQ10) Market Size By Application (Pharmaceuticals, Dietary Supplements, Cosmetics), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Russia, Poland, China, India, Japan, Brazil, Mexico), Price Trend, Competitive Market Share & Forecast, 2016 – 2024” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/coenzyme-q10-coq10-market
Key insights from the report include:
• Dietary supplements market size was dominant in Asia Pacific and should achieve over 10% CAGR and surpass 240 tons by 2024.
• Pharmaceutical application in EU may generate over USD 35 million by 2024. Proven cardiac ailments treatment, European market participants are capitalizing to increase CoQ10 market share in pharmaceutical industry. Medical applications such as migraine relief, healthy vision, infertility treatments and cellular energy metabolism should stimulate industry growth.
• Cosmetics market size may exceed USD 140 million revenue by the end of the forecast period. CoQ10 are used in anti-wrinkle products or anti-ageing, moisturising and sunscreen lotions products. It primarily acts as an anti-oxidant cosmetic ingredient and thereby defends cells against ageing process produced by the release of oxygen free radicals.
• LATAM, driven by Mexico and Brazil coenzyme Q10 market size should achieve over 10.5% growth. Rising disposable income coupled with cosmetics industry growth should drive regional industry demand.
• Large scale manufacturers in Japan along with SMEs in China should help the industry to increase CoQ10 export mainly to North America and Europe.
• Global coenzyme Q10 market share is fairly concentrated. ZMC, Kaneka and Nisshin are notable industry players. Other prominent participants include Hwail Pharmaceutical, Gnosis, SourceOne, DSM, PharmaEssentia, Kyowa Hakko, Pharmavite, Tishcon, Country Life, NBTY, Healthy Origins and Vitamin Shoppe.
• Some companies in CoQ10 market are forward integrated in order to decrease supplier costs and yield profitability. Manufacturers are involved in distribution agreements with suppliers and distributors.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/741
Global Market Insights has segmented the Coenzyme Q10 market on the basis of application and region:
Coenzyme Q10 Application Analysis (Volume, Tons; Revenue, USD Million, 2013 – 2024)
• Pharmaceuticals
• Dietary Supplements
• Cosmetics
• Others
Coenzyme Q10 Regional Analysis (Volume, Tons; Revenue, USD Million, 2013 – 2024)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
o Italy
o Russia
o Poland
• Asia Pacific
o China
o India
o Japan
• LATAM
o Brazil
o Mexico
• MEA
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
Connect with us: Facebook | Google+ | LinkedIn | Twitter
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 Coenzyme Q10 (CoQ10) Market to grow at 10% of CAGR from 2016 to 2024: Global Market Insights Inc here
News-ID: 489558 • Views: …
More Releases from Global Market Insights Inc.
Latest Research Report On Agricultural Adjuvants Market 2021. Major Players Incl …
The agricultural adjuvants market is expected to observe noteworthy growth on account of increasing demand for high-quality crops. Adjuvants commonly act as an additive in pesticides that increase its effectiveness and smoothen its mixing application.
The demand for plant protection products in countries like Bangladesh, India, and Vietnam has surged considerably in recent years. Ever-increasing population across developing economies has forced farmers to produce large quantities of high-quality yields. Citing…
U.S. Minoxidil Market 2021 Growth Opportunities and Competitive Landscape 2027 - …
The U.S. minoxidil industry has been impacted by the COVID-19 pandemic in the form of increased stress amid job losses and health issues, creating rising incidences of hair fall and associated problems. The industry is expected to gain commendable proceeds on account of an upsurge in research studies concerned with the effectiveness of minoxidil.
Citing one such instance, in January 2021, a study published in the Dermatologic Therapy supported the efficacy…
Global Sulfosuccinate Market 2021 Future Growth With Technology and Current Tren …
Owing to these factors, estimates have revealed that the global sulfosuccinate market size will exceed USD 475.7 million in annual estimation by 2024.
Increasing adoption of high-performance materials that meet application-specific requirements across various industries, including pharmaceuticals will stimulate the need for sulfosuccinate compounds. The surging disposable incomes of consumers mainly across the developing nations have also fueled their spending capacities on household and personal care.
Sulfosuccinates are mainly a mild type…
By 2026, Graphene Market will register over 35% CAGR | Applied Nanotech, Inc, an …
The global Graphene Market is slated to gain significant momentum over the forthcoming years, as a result of the growing product consumption in the electronics sector, particularly in developing countries. This high consumption can be attributed to its superior qualities such as high electrical conductivity, durability, and toughness.
Request a sample of this research report @
https://www.gminsights.com/request-sample/detail/233
Top Key Players in The Market are:
Graphenea S.A., Applied Graphene Materials plc, ACS…
More Releases for Q10
Fermented Coenzyme Q10: Highly Effective "Energy Factor"
In the health and nutrition sector, Coenzyme Q10 [https://www.risunextract.com/coenzyme-q10/]'s cardioprotective and anti-fatigue benefits are well-known, but consumers often overlook the crucial fact that the production process determines product value. Among them, Coenzyme Q10 produced through microbial fermentation, with its natural properties and superior performance, is gradually dominating the mid-to-high-end market.
The quality of fermented Coenzyme Q10 stems from a precisely controlled "microbial synthesis system," which is comprised of four key steps,…
Coenzyme Q10 Market Industry Analysis - Coenzyme Q10 Market Size Driven by Recen …
The most recent study offered by Acumen Research and Consulting focuses Coenzyme Q10 Market size, share, growth rate, and market trends, as well as the parameters and factors influencing it in both the long term and short term. The report investigates the Coenzyme Q10 Market trends in order to assess its current and future potential. Our Coenzyme Q10 Market analysis also provides market participants and new entrants with a comprehensive…
What's driving the Coenzyme Q10 (CoQ10) Market?
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…
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 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…
