Coenzyme Q10 Market - Forecast(2023 - 2028)

Report Code: CMR 35291 Report Format: PDF + Excel

Overview

The Coenzyme Q10 Market size is forecast to reach $938 million by 2025, growing at a CAGR of 11.56% during 2020-2025. The boom in the demand for dietary supplements is fueling the demand for coenzyme Q10 in the market.

Report Coverage

The report: “Coenzyme Q10 Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Coenzyme Q10 Industry.


Key Takeaways

North America dominates the coenzyme Q10 market owing to increasing demand from applications such as pharmaceutical and dietary supplement industries.

The dietary supplement industry held the major share in the application segment.

By End-Use Industry - Segment Analysis

The dietary supplement segment held the highest share in the market and is expected to grow with the CAGR of 13.22% over the forecast period from 2020 to 2025. There is growing recognition of the potential role for nutraceuticals and dietary supplements in helping to reduce health risks and improve health quality. In the global marketplace nutraceuticals and functional foods have become a multi-billion dollar industry. Healthy ageing encompasses not only seniors and baby boomers but also Millennials and middle-age consumers. Key health needs include maintaining mental acuity, blood sugar control, preserving muscle mass and vigour, weight control and CVD health. This is driving the demand for Coenzyme Q10.

As the market grows, there will be tightening pressure from government agencies and an increase in oversight. The FDA has upped enforcement of dietary violations, which will impact clinical trials and research. With the diversity and power of pets, the pet care industry is growing dynamically and closely following the movements, also the development of human living environment and quality. In response to the consumer demands, cosmetic companies started to develop and to launch on the market new products containing natural ingredients, eventually bioactive; medical claims have been thoroughly investigated and supported by clinical trials.

Geography - Segment Analysis

North America dominated the Coenzyme Q10 market with a share of 35%, followed by APAC and Europe. The economy of APAC is mainly influenced by the economic dynamics of countries such as China and India, but with growing foreign direct investment for economic development of South East Asia, the current scenario is changing. The global value of the market for dietary supplements, including vitamins, minerals and nutritional supplements, at $82 billion (USD) annually. Equally important, the future growth in the market for dietary supplements is expected remain strong, growing between 5-6% per year through 2020. These growth prospects reportedly reflect the increase in health conscious consumers as well as aging populations in the U.S., the European Union and Japan. By most accounts, the U.S. market for dietary supplements is the largest in total size and in the number of dietary supplement product offerings.

Drivers – Coenzyme Q10 Market

Low R&D burden

There is a lower R & D burden for ‘pharmaceuticals’ in their ‘nutraceutical’ segment when compared to their prescription and OTC medications. Rising consumer awareness and preference is facilitating global market growth

Challenges – Coenzyme Q10 Market

Rising Regulations & Safety Concerns

Despite consumers’ general acceptance of their potential health and nutritional benefits, dietary supplement products sold in the U.S. are not required to be independently tested for safety or efficacy prior to being placed on the market. Instead, manufacturers are solely responsible for evaluating the safety and proper labeling of their products for compliance with FDA regulations. In the U.S., the FDA regulates both finished dietary supplement products and ingredients found in dietary supplements. As previously noted, dietary supplements are outside of the strict oversight accorded drugs and pharmaceutical products. Instead, they are categorized as a type of food product, and must comply with regulations promulgated under the federal Dietary Supplement Health and Education Act (DSHEA) of 1994 and other more recent legislation. Under current FDA regulations, manufacturers and distributors are directly responsible for evaluating the safety and labeling of their products prior to marketing them for sale, and are prohibited from marketing products that are adulterated or misbranded.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the Coenzyme Q10 market. In 2018, the top five players accounted for xx% of the share. Major players in the Coenzyme Q10 Market are Kaneka Corporation, Mitsubishi Gas Chemical Co, Gnosis S P A, Hwail Pharmaceutical Co Ltd, Kyowa Hakko A Inc, DSM Nutritional Product, Pharmaessentia Corporation, Zmc-Usa Llc, Nisshin Seifun Group Inc, among others. 

1. Coenzyme Q10 Market - Overview
        1.1 Definitions and Scope
2. Coenzyme Q10 Market - Executive summary
        2.1 Market Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Coenzyme Q10 Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Coenzyme Q10 Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Coenzyme Q10 Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Coenzyme Q10 Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Coenzyme Q10 Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Coenzyme Q10 Market - By Product Type (Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Coenzyme Q10 Market - By Type (Market Size -$Million / $Billion)
10. Coenzyme Q10 - By Application (Market Size -$Million / $Billion)
        10.1 Cosmetic
        10.2 Dietary Supplement
        10.3 Pharmaceutical
11. Coenzyme Q10- By Geography (Market Size -$Million / $Billion)
        11.1 Coenzyme Q10 Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Coenzyme Q10- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Coenzyme Q10- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Coenzyme Q10 - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Coenzyme Q10 - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Coenzyme Q10 Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Coenzyme Q10 Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Coenzyme Q10 Market - Key Company List by Country Premium
15. Coenzyme Q10 Market Company Analysis
15.1 Kaneka Corporation
15.2 Mitsubishi Gas Chemical Co
15.3 Gnosis S P A
15.4 Hwail Pharmaceutical Co Ltd
15.5 Kyowa Hakko A Inc
15.6 Dsm Nutritional Product
15.7 Pharmaessentia Corporation
15.8 Zmc-Usa Llc
15.9 Nisshin Seifun Group Inc
15.10 Company 10
15.11 Company 11 & More
*Financials would be provided on a best efforts basis for private companies
16. Coenzyme Q10 Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Coenzyme Q10 Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

LIST OF TABLES

1.Global Coq10 Application Outlook Market 2019-2024 ($M)
1.1 Coq10 Share By Application Market 2019-2024 ($M) - Global Industry Research
1.2 Dietary Supplement Market 2019-2024 ($M) - Global Industry Research
1.2.1 Market Estimate Forecast Market 2019-2024 ($M)
1.3 Pharmaceutical Market 2019-2024 ($M) - Global Industry Research
1.4 Cosmetic Market 2019-2024 ($M) - Global Industry Research
2.Global Competitive Landscape Market 2019-2024 ($M)
2.1 Kaneka Corporation Market 2019-2024 ($M) - Global Industry Research
2.2 Mitsubishi Gas Chemical Co Market 2019-2024 ($M) - Global Industry Research
2.3 Gnosis S P A Market 2019-2024 ($M) - Global Industry Research
2.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 ($M) - Global Industry Research
2.5 Kyowa Hakko A Inc Market 2019-2024 ($M) - Global Industry Research
2.6 Dsm Nutritional Product Market 2019-2024 ($M) - Global Industry Research
2.7 Pharmaessentia Corporation Market 2019-2024 ($M) - Global Industry Research
2.8 Zmc-Usa Llc Market 2019-2024 ($M) - Global Industry Research
2.9 Nisshin Seifun Group Inc Market 2019-2024 ($M) - Global Industry Research
3.Global Coq10 Application Outlook Market 2019-2024 (Volume/Units)
3.1 Coq10 Share By Application Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Dietary Supplement Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Market Estimate Forecast Market 2019-2024 (Volume/Units)
3.3 Pharmaceutical Market 2019-2024 (Volume/Units) - Global Industry Research
3.4 Cosmetic Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global Competitive Landscape Market 2019-2024 (Volume/Units)
4.1 Kaneka Corporation Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Mitsubishi Gas Chemical Co Market 2019-2024 (Volume/Units) - Global Industry Research
4.3 Gnosis S P A Market 2019-2024 (Volume/Units) - Global Industry Research
4.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 (Volume/Units) - Global Industry Research
4.5 Kyowa Hakko A Inc Market 2019-2024 (Volume/Units) - Global Industry Research
4.6 Dsm Nutritional Product Market 2019-2024 (Volume/Units) - Global Industry Research
4.7 Pharmaessentia Corporation Market 2019-2024 (Volume/Units) - Global Industry Research
4.8 Zmc-Usa Llc Market 2019-2024 (Volume/Units) - Global Industry Research
4.9 Nisshin Seifun Group Inc Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Coq10 Application Outlook Market 2019-2024 ($M)
5.1 Coq10 Share By Application Market 2019-2024 ($M) - Regional Industry Research
5.2 Dietary Supplement Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Market Estimate Forecast Market 2019-2024 ($M)
5.3 Pharmaceutical Market 2019-2024 ($M) - Regional Industry Research
5.4 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
6.North America Competitive Landscape Market 2019-2024 ($M)
6.1 Kaneka Corporation Market 2019-2024 ($M) - Regional Industry Research
6.2 Mitsubishi Gas Chemical Co Market 2019-2024 ($M) - Regional Industry Research
6.3 Gnosis S P A Market 2019-2024 ($M) - Regional Industry Research
6.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 ($M) - Regional Industry Research
6.5 Kyowa Hakko A Inc Market 2019-2024 ($M) - Regional Industry Research
6.6 Dsm Nutritional Product Market 2019-2024 ($M) - Regional Industry Research
6.7 Pharmaessentia Corporation Market 2019-2024 ($M) - Regional Industry Research
6.8 Zmc-Usa Llc Market 2019-2024 ($M) - Regional Industry Research
6.9 Nisshin Seifun Group Inc Market 2019-2024 ($M) - Regional Industry Research
7.South America Coq10 Application Outlook Market 2019-2024 ($M)
7.1 Coq10 Share By Application Market 2019-2024 ($M) - Regional Industry Research
7.2 Dietary Supplement Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Market Estimate Forecast Market 2019-2024 ($M)
7.3 Pharmaceutical Market 2019-2024 ($M) - Regional Industry Research
7.4 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
8.South America Competitive Landscape Market 2019-2024 ($M)
8.1 Kaneka Corporation Market 2019-2024 ($M) - Regional Industry Research
8.2 Mitsubishi Gas Chemical Co Market 2019-2024 ($M) - Regional Industry Research
8.3 Gnosis S P A Market 2019-2024 ($M) - Regional Industry Research
8.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 ($M) - Regional Industry Research
8.5 Kyowa Hakko A Inc Market 2019-2024 ($M) - Regional Industry Research
8.6 Dsm Nutritional Product Market 2019-2024 ($M) - Regional Industry Research
8.7 Pharmaessentia Corporation Market 2019-2024 ($M) - Regional Industry Research
8.8 Zmc-Usa Llc Market 2019-2024 ($M) - Regional Industry Research
8.9 Nisshin Seifun Group Inc Market 2019-2024 ($M) - Regional Industry Research
9.Europe Coq10 Application Outlook Market 2019-2024 ($M)
9.1 Coq10 Share By Application Market 2019-2024 ($M) - Regional Industry Research
9.2 Dietary Supplement Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Market Estimate Forecast Market 2019-2024 ($M)
9.3 Pharmaceutical Market 2019-2024 ($M) - Regional Industry Research
9.4 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
10.Europe Competitive Landscape Market 2019-2024 ($M)
10.1 Kaneka Corporation Market 2019-2024 ($M) - Regional Industry Research
10.2 Mitsubishi Gas Chemical Co Market 2019-2024 ($M) - Regional Industry Research
10.3 Gnosis S P A Market 2019-2024 ($M) - Regional Industry Research
10.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 ($M) - Regional Industry Research
10.5 Kyowa Hakko A Inc Market 2019-2024 ($M) - Regional Industry Research
10.6 Dsm Nutritional Product Market 2019-2024 ($M) - Regional Industry Research
10.7 Pharmaessentia Corporation Market 2019-2024 ($M) - Regional Industry Research
10.8 Zmc-Usa Llc Market 2019-2024 ($M) - Regional Industry Research
10.9 Nisshin Seifun Group Inc Market 2019-2024 ($M) - Regional Industry Research
11.APAC Coq10 Application Outlook Market 2019-2024 ($M)
11.1 Coq10 Share By Application Market 2019-2024 ($M) - Regional Industry Research
11.2 Dietary Supplement Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Market Estimate Forecast Market 2019-2024 ($M)
11.3 Pharmaceutical Market 2019-2024 ($M) - Regional Industry Research
11.4 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
12.APAC Competitive Landscape Market 2019-2024 ($M)
12.1 Kaneka Corporation Market 2019-2024 ($M) - Regional Industry Research
12.2 Mitsubishi Gas Chemical Co Market 2019-2024 ($M) - Regional Industry Research
12.3 Gnosis S P A Market 2019-2024 ($M) - Regional Industry Research
12.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 ($M) - Regional Industry Research
12.5 Kyowa Hakko A Inc Market 2019-2024 ($M) - Regional Industry Research
12.6 Dsm Nutritional Product Market 2019-2024 ($M) - Regional Industry Research
12.7 Pharmaessentia Corporation Market 2019-2024 ($M) - Regional Industry Research
12.8 Zmc-Usa Llc Market 2019-2024 ($M) - Regional Industry Research
12.9 Nisshin Seifun Group Inc Market 2019-2024 ($M) - Regional Industry Research
13.MENA Coq10 Application Outlook Market 2019-2024 ($M)
13.1 Coq10 Share By Application Market 2019-2024 ($M) - Regional Industry Research
13.2 Dietary Supplement Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Market Estimate Forecast Market 2019-2024 ($M)
13.3 Pharmaceutical Market 2019-2024 ($M) - Regional Industry Research
13.4 Cosmetic Market 2019-2024 ($M) - Regional Industry Research
14.MENA Competitive Landscape Market 2019-2024 ($M)
14.1 Kaneka Corporation Market 2019-2024 ($M) - Regional Industry Research
14.2 Mitsubishi Gas Chemical Co Market 2019-2024 ($M) - Regional Industry Research
14.3 Gnosis S P A Market 2019-2024 ($M) - Regional Industry Research
14.4 Hwail Pharmaceutical Co Ltd Market 2019-2024 ($M) - Regional Industry Research
14.5 Kyowa Hakko A Inc Market 2019-2024 ($M) - Regional Industry Research
14.6 Dsm Nutritional Product Market 2019-2024 ($M) - Regional Industry Research
14.7 Pharmaessentia Corporation Market 2019-2024 ($M) - Regional Industry Research
14.8 Zmc-Usa Llc Market 2019-2024 ($M) - Regional Industry Research
14.9 Nisshin Seifun Group Inc Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Coenzyme Q10 Market Revenue, 2019-2024 ($M)
2.Canada Coenzyme Q10 Market Revenue, 2019-2024 ($M)
3.Mexico Coenzyme Q10 Market Revenue, 2019-2024 ($M)
4.Brazil Coenzyme Q10 Market Revenue, 2019-2024 ($M)
5.Argentina Coenzyme Q10 Market Revenue, 2019-2024 ($M)
6.Peru Coenzyme Q10 Market Revenue, 2019-2024 ($M)
7.Colombia Coenzyme Q10 Market Revenue, 2019-2024 ($M)
8.Chile Coenzyme Q10 Market Revenue, 2019-2024 ($M)
9.Rest of South America Coenzyme Q10 Market Revenue, 2019-2024 ($M)
10.UK Coenzyme Q10 Market Revenue, 2019-2024 ($M)
11.Germany Coenzyme Q10 Market Revenue, 2019-2024 ($M)
12.France Coenzyme Q10 Market Revenue, 2019-2024 ($M)
13.Italy Coenzyme Q10 Market Revenue, 2019-2024 ($M)
14.Spain Coenzyme Q10 Market Revenue, 2019-2024 ($M)
15.Rest of Europe Coenzyme Q10 Market Revenue, 2019-2024 ($M)
16.China Coenzyme Q10 Market Revenue, 2019-2024 ($M)
17.India Coenzyme Q10 Market Revenue, 2019-2024 ($M)
18.Japan Coenzyme Q10 Market Revenue, 2019-2024 ($M)
19.South Korea Coenzyme Q10 Market Revenue, 2019-2024 ($M)
20.South Africa Coenzyme Q10 Market Revenue, 2019-2024 ($M)
21.North America Coenzyme Q10 By Application
22.South America Coenzyme Q10 By Application
23.Europe Coenzyme Q10 By Application
24.APAC Coenzyme Q10 By Application
25.MENA Coenzyme Q10 By Application