October 14, 2019
According to the new research report available at MarketStudyReport.com under the title ‘Global (United States, European Union and China) Coenzyme Q10 (CoQ10) Market Research Report 2019-2025’, the worldwide coenzyme Q10 market is projected to amass a significant growth by the year 2025.
Coenzyme Q10 (CoQ10) is a type of fat-soluble vitamin found in heart, brain, kidney and liver of human body. The manufacturing of coenzyme Q10 is largely done by bacterial fermentation and yeast fermentation. The implication of coenzyme Q10 mostly lies in its high medical value. It possesses high antioxidant features making it beneficial in the treatment of heart diseases like heart failure and other diseases like gum disease, breast cancer, migraine, and Parkinson’s, thereby augmenting the growth of coenzyme Q10 market.
CoQ10 provides energy to the cells and is mostly found in the form of capsules, tablets and supplements. Growing customer awareness related to the benefits of coenzyme Q10 in the treatment of several ailments is predicted to fuel the coenzyme market growth over the projected timeframe.
In the study, details about the production and consumption graphs, alongside segmental growth over the forecast timeframe have been outlined. The study also offers a comprehensive insight about the trends, drivers, challenges, and opportunities impacting the market growth.
The worldwide coenzyme Q10 market is analyzed on the basis of product type, application spectrum and geographical landscape. Based on the product type, the market is segmented as semiquinone (ubisemiquinone), fully oxidized (ubiquinone), and fully reduced (ubiquinol).
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Speaking of the application spectrum, the market is fragmented as pharmaceuticals, dietary supplements, and cosmetics. While considering the geographical landscape, the market is divided into four major regions which are China, United States, European Union, and rest of the world including Korea, Southeast Asia, Japan and India.
The prominent companies operating in coenzyme Q10 market include Nisshin Seifun, Kyowa Hakko, ZMC, Kaneka, PharmaEssentia, DSM Nutritional Products, Gnosis, and Hwail Pharmaceutical.