The global coenzyme Q10 market is anticipated grow at a CAGR of 6.0% over the forecast period 2019-2029. In this coenzyme Q10 market forecast report, the following years are considered to predict the market footprint:
- History Year: 2014 – 2018
- Estimated Year: 2029
- Forecast Year: 2019 – 2029
The business intelligence study of the coenzyme Q10 market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the coenzyme Q10 market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the coenzyme Q10 market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
- North America (Canada, US)
- Latin America (Argentina, Mexico)
- Europe (NORDIC, UK)
- APEJ (China, India)
In 2019, worldwide sales of coenzyme Q10, contributed by both Ubiquinone and Ubiquinol types, are likely to reach a valuation of ~US$ 665 Mn. Demand for Ubiquinone coenzyme Q10 continues to grow over the forecast period, and relative cost effectiveness has made it the preferred product among consumers. North America is expected to offer potential growth opportunities with respect to usage of coenzyme Q10, especially in the United States. Increasing number of deaths due to cancer in the United States have accelerated the usage of coenzyme Q10 as an antioxidant.
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Valuable Understandings on Coenzyme Q10 Market
Fact.MR, in its new offering, brings to fore a balanced analysis of the global coenzyme Q10 market, presenting historical market data (2014-2018) and forecast statistics for the period, 2019-2027. The study reveals convincing perceptions on the coenzyme Q10 market on the basis of product (ubiquinone and ubiquinol), production method (microbial fermentation and chemical synthesis) and end use industry (pharmaceuticals, nutraceuticals, cosmetics others) across six prominent regions.
Key Takeaways from the Coenzyme Q10 Market Study
- The firm demand for coenzyme Q10 is likely to suffer with an upsurge in the popularity of supplement products.
- A clinical study of gum tissues obtained from patients with periodontal disorder observed that the tissue had nearly 25% deficiency of coenzyme Q10. This study clearly depicts the importance of coenzyme Q10 in preventing and treating periodontal ailments.
- The reduced form of coenzyme Q10, ubiquinol, acts as an endogenous antioxidant that spurs the concentration of coenzyme Q10 in diseased gingiva, effectively suppressing advanced periodontal inflammation.
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