Coenzyme Q10 (Coq10) Market Analysis, Market Size, Share, Regional Outlook, Industry Trends, Competitive Strategies and Segment Forecast, 2012 to 2020

Hexa Research Inc.

Industry Research,Custom Research & Consulting

Coenzyme Q10 (CoQ10) Market Analysis, Market Size,

Share, Regional Outlook, Industry Trends, Competitive

Strategies And Segment Forecast, 2012 To 2020

Industry Overview

Global CoQ10 (Coenzyme Q10) market size was 624.8 tons in 2013 and is expected grow at a CAGR of

9.2% from 2014 to 2020. Cosmetic industry growth coupled with increasing scope for medical

applications, particularly in Europe and Asia Pacific are expected to remain key driving factors for the

global CoQ10 market. Stringent FDA regulations regarding use in pharmaceutical industry particularly in

the U.S. is expected to remain key challenge for industry participants over the next six years.

Increasing demand in cosmetic applications, particularly sunscreen lotions and anti-ageing creams is

expected to drive the CoQ10 market growth over the forecast period. Asia Pacific is expected to witness

significant gains over the next six years on account of increasing consumption of cosmetics and dietary

supplements in China, South Korea and India. Presence of high capacity manufacturers in Japan, along

with domestic and local producers in China and India are expected to drive production.

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Hexa Research Inc.

Industry Research,Custom Research & Consulting

Growing cosmetic product demand in Brazil, Mexico, Argentina and Venezuela is also expected to play a

key role in industry development. Rising nutritional product acceptance in developing regions on

account of changing lifestyle and malnourishment among young population are expected to drive

industry penetration.

Application Overview

Dietary supplement applications dominated the industry and accounted for 59.9% of total CoQ10

market volume in 2013. Increasing anti-oxidant and energy generating compounds use in dietary

supplements is expected to drive growth. The global revenue for dietary supplement...