Coenzyme Q10 Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029

Published on : Oct-2019 | List of Tables : 108 | List of Figures : 95 | No. of Pages : 170 | Report Code : FACT732MR |

Adoption of Coenzyme Q10 in the Nutraceuticals Industry is Gathering Momentum

The microbial fermentation method for coenzyme Q10 has gained more traction and adoption, which can be attributed to its effectiveness in synthesizing coenzyme Q10. With respect to the end-use industry, coenzyme Q10 is largely used in the nutraceuticals industry, owing to the high consumption and demand for nutraceutical supplements containing coenzyme Q10, which can be used as an efficient solution against various heart disorders.

Regulatory bodies, such as Food and Drug Association (FDA), have recognized coenzyme Q10 as Generally Recognized as Safe (GRAS), and are safely integrating it as a food additive. Coenzyme Q10 enhances the nutritional value of the food product. Apart from its usage as an energy enhancer in the human body, it is also largely used in cosmetic creams to tackle anti-aging, which is expected to drive the adoption of coenzyme Q10 and consequently push the growth of its market across the globe. Moreover, its usage as a superior antioxidant has fueled its adoption in various therapeutic applications that focuses on minimizing the occurrence of several metabolic disorders including diabetes, cancer, and cardiovascular disorders. In addition to this, consumption of coenzyme Q10 supplements have facilitated positive outcomes, particularly in patients on statin medications. This factor is anticipated to be the driving force for the growth of the global market for coenzyme Q10 during the assessment period.

Among patients with cardiovascular diseases, substantial improvement is often seen when the heart cells’ ability to produce more ATP is sparked by the supplemental CoQ10. Due to this, Americans will spend an estimated US$ 2.5 billion in 2017 on dietary supplements, such as Ubiquinol CoQ10, which supports cardiovascular health.

For instance, under the new guidelines, 56 million Americans in the age group of 40 to 75 are under statin drugs prescription and 43 million are under the old recommendation. Out of these, 25 million people are taking statin drugs.

coenzyme q10 market pricing analysis

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Benefits of Coenzyme Q10 in Treating Various Diseases, a Key Factor for Market Growth

Coenzyme Q10 is majorly used in pharmaceuticals, nutraceuticals, and cosmetics. Coenzyme Q10 enjoys high importance in the cosmetic industry, owing to its antioxidant properties. It is the basic unit that is responsible for 95% of energy generation inside cells, and also plays a pivotal role in treating various diseases, such as CVD, secondary diabetes, lungs and kidney problems, and infertility. All these reasons are responsible for the growing demand for coenzyme Q10, which is expected to grow during the forecast period.

The nutraceuticals industry is capable of pushing the market ahead as increasing number of people are getting more concerned about their health and have started the consumption of supplemental pills, which is expected to boost to the coenzyme Q10 market growth during the forecast period. The industry will grow at a rapid pace, majorly because of the presence of fitness freaks and health-concerned people. People who are concerned about health are making use of supplements in the form of capsules, pills, and powders. Coenzymes are basic supplements that are naturally produced inside the body. When the level of coenzymes in Q10 decreases, it creates major problems. Thus it leads to an increased consumption and is expected to have a high demand for coenzyme Q10 during the forecast period.

Increasing Usage of Coenzyme Q10 in the Food Industry

Growing demand for health food is another factor responsible for the growth of the coenzyme Q10 market. People in America and Japan are conscious about the intake of healthy foods, which will create a huge demand for products that contain coenzyme Q10 in the food market.

coenzyme q10 market intensity map

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High Percentage of Lifestyle and Age Related Diseases to Fuel Market Growth

In North America, there has been an increase in the consumption of CoQ10 due to high incidences of diseases, such as high blood pressure, high cholesterol (especially when taking statin drugs), coronary heart diseases, heart arrhythmia diseases, atherosclerosis, and congestive heart failures. CoQ10 helps protect heart and blood vessels from damaging effects of oxidative stress. North America is likely to create prolific demand for CoQ10 during the forecast period.

Coenzyme Q10 is an immunity boosting enzyme that reduces the possibility of cancer. Furthermore, statin prescriptions have begun to treat patients with lower cholesterol levels in the country. However, this drug negatively impacts the heart as it reduces coenzyme Q10 level in the body. Increasing awareness regarding the negative impacts of statin will proliferate the demand for coenzyme Q10. According to the CoQ10 Association, around 16,000,000 individuals consume coenzyme Q10 daily. This is expected to support the growth of the coenzyme Q10 market in North America during the assessment period.

The aging population is expected to provide opportunities for the cosmetic business expansion in the Latin America region. According to WHO, the population in Latin America is aging at a rapid pace. As stated in WHO statistics, in 2015, the percentage of population aged over 60 years was around 12 percent, which is expected to touch ~15 % by 2020 and increase at a rapid pace to reach ~20% by 2050. With this, consumers’ preference for anti-aging creams have risen significantly, offering potential growth opportunities for the market expansion of coenzyme Q10, which is extensively used in skin creams for skin rejuvenation.

The demand for coenzyme Q10 in treating Parkinson’s disease is expected to increase in European countries during the assessment period. NIH (National Institutes of Health) has recommended the consumption of coenzyme Q10 supplements for patients that have developed Parkinson’s disease. In Europe, ~1 million people are affected by Parkinson’s disease, which has raised the economic burden associated with Parkinson’s disease (PD) treatment in the region. According to the Spanish Healthcare System, early stages of PD require an expensive treatment, which makes it difficult for middle-class individuals to bear the increasing healthcare costs. However, with growing awareness regarding benefits of coenzyme Q10, its demand for treating the disease is expected to increase among European countries, consequently aiding the growth of the coenzyme Q10 market.

With an increase in heart-related problems in Japan, significant opportunities will rise for market players. According to the Japanese Heart Failure Society, high number of patients diagnosed with heart failure will continue to increase and by 2030, the number is anticipated to reach ~1 million. Given this scenario, medical facilities are focusing on innovations in cardiovascular medicine outside the conventional framework. This can leverage the usage of coenzyme Q10 as it facilitates generation of adenosine triphosphate and reduces oxidative stress. This is expected to have a significant influence on the demand for coenzyme Q10 supplements in the country.

Largely driven by increasing consumers’ preference for skin care products and beauty supplements, the coenzyme Q10 market is expected to gain significant traction in developing markets of Asia Pacific excluding Japan (APEJ) in the coming years. This is a result of the increasing aging population in the region, coupled with declining mortality rates in countries such as China and India, as revealed by UNESCO.

North Africa and countries in the Middle East are facing health challenges similar to those in the western countries. Of these health challenges, CVD (cardiovascular diseases) is the biggest cause of death in these regions. The Middle East and Africa witnessed ~16% increase in cardiovascular disease rate in 2017. This is expected to increase the consumption of coenzyme Q10 in the region during the forecast period. Moreover, another factor aiding the growth of the coenzyme Q10 market in the MEA region is the preference for anti-aging creams, according to a UN report.

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The coenzyme Q10 market is envisioned to observe a remarkable rise in the forecast period of 2019 to 2029, according to a new Fact.MR study. The study offers prominent trends that are currently influencing the growth of the coenzyme Q10 market. This newly published and insightful report sheds light on key dynamics, which are expected to transform the future of the coenzyme Q10 market. This will, in turn, create lucrative revenues for prominent companies as well as emerging players associated with the production and processing of coenzyme Q10.

The coenzyme Q10 market study is an intricate market intelligence on key revenue growth determinants, challenges, industry trends, and opportunities, which will eventually influence the growth trajectory of the market. The report initially offers an overview of the market, considering the current and future prospects, to unveil attractive facets appertaining to the adoption of coenzyme Q10 across key regional markets.

An in-depth assessment on few coenzyme Q10 suppliers offered in the report enables report readers to gain detailed insights that have been derived from supply chain analysis, business performance, and value chain analysis across regional markets that are incorporated in the report. A list of key companies operating in the coenzyme Q10 market provided in the report adds to the credibility of this exhaustive research study.

Coenzyme Q10 Market: Report Summary and Scope

The study offers detailed intelligence on different factors influencing demand, sales, and revenue generation in the coenzyme Q10 market around the world. The opportunity analysis included in the report is beneficial for readers to understand better opportunities in the pharmaceuticals and nutraceuticals industries, which will, in turn, trigger the adoption of coenzyme Q10.

A detailed forecast on the coenzyme Q10 market has also been offered by analysts, who have categorized market forecasts concerning a likely scenario, conservative scenario, and an optimistic scenario regarding the production and sales of coenzyme Q10 during the period of forecast. Analysis and assessment of price point by region and different products have been included in this study. The study also exerts details on aspects that are impacting the pricing strategies of manufacturers. Different categories of the coenzyme Q10 market have been provided in the form of a table in the report.


Production Method

End-use Industry




Microbial Fermentation

Chemical Synthesis





North America

Latin America





Coenzyme Q10 Market: Analysis on Market Size Evaluation

Current prospects of the coenzyme Q10 market, containing current as well as future projected values forecast, price index, and analysis on region-wise demand trends have been incorporated in the report. The assessment offered on factors mentioned above are comprehensive and dedicated weighted chapters have been delivered on the same.

Market valuation at a global and regional scale for coenzyme Q10 is offered in terms of “US$ Mn.” A Y-o-Y growth comparison on key coenzyme Q10 market segments, along with the market attractiveness analysis quantifies various insights delivered in the report. Metrics mentioned above are also tracked based on applications and usage, where coenzyme Q10 witnesses consistent demand.

Coenzyme Q10 Market: Scrutinized Assessment on Regional Segment

Weighted chapters have been included in the report on the coenzyme Q10 market, which imparts forecast on the regional market. These chapters illuminate the regional macros (business, economic and political environment outlook), which are most likely to have a significant impact on the growth of the coenzyme Q10 market in the near future.

Country-specific assessments on the demand for coenzyme Q10 have been provided for each regional market, along with the market size valuation and forecast, price point assessment, price index and impact analysis of key regional and country-wise dynamics. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report.

Coenzyme Q10 Market: In-depth Analysis on Competitive Landscape

The report concludes with a weighted chapter on the competition landscape of the coenzyme Q10 market, which profiles key companies contributing to the market expansion. Up-to-date and essential data as well as knowledge related to market players, who are predominantly engaged in the production and distribution of coenzyme Q10, are delivered with the help of a dashboard view. Market share comparison and analysis of these market players offered in the report enable report readers to devise strategic steps forward for their businesses.

Company profiles have been incorporated in the report, which exerts various details such as manufacturing of coenzyme Q10, along with a comprehensive SWOT analysis on each player, identified together with the company’s strategic identification and analysis. The intensity mapping of market players operating in the coenzyme Q10 market provides actionable intelligence to readers, which helps in understanding the current market status and prospects determining competition levels in the coenzyme Q10 market. Prominent players operating in the global coenzyme Q10 market include Kaneka Corporation, Xiamen Kingdomway Group, Nisshin Seifun Group, Zhejiang Medicine Co. Ltd, and Kyowa Hakko U.S.A. Inc., among others.

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Coenzyme Q10 Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2029