Global Coenzyme Q10 Market is valued at approximately USD 874 million in 2021 and is anticipated to grow with a healthy growth rate of more than 13.80% over the forecast period 2022-2028. Coenzyme Q10 is a nutrient that provides nutrition to the body in some way or the other, therefore it is extensively used in the pharmaceutical: treatment of migraine, cancer, old age, and cosmetics industry: providing nutrition to hair and skin in general. Therefore, growing awareness among the health-conscious consumers and growing geriatric population are factors contributing to the market growth. For instance: According to the United Nations, the population aged 60 years and over will increase from 1 billion, in the year 2020 to 1.4 billion, in the year 2050. Whereas, by the year ending 2050, the global geriatric population (60 years and older), will rise to 2.1 billion. Further, the number of people, aged 80 years or older, is expected to triple between 2020 and 2050 and will reach 426 million soon. However, lack of skilled professionals and huge costs involved in the treatment of the diseases impedes the growth of the market over the forecast period of 2022-2028. Also, increasing adoption of healthy food products, busy lifestyles, and hectic work schedules is likely to increase the growth of the market in the forecasting period.

The regional analysis of global Coenzyme Q10 market includes Asia Pacific, North America, Europe, Latin America and Rest of the World for analysis and estimation. North America is the leading region across the world in terms of market share owing to the rising number of geriatric populations. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as increasing number of pharma and healthcare sectors would create lucrative growth prospects for the Coenzyme Q10 market across Asia-Pacific region.

Major market players included in this report are:

SourceOne Global Partners
Kyowa Hakko U.S.A. Inc
Gnosis S.p.A
Kaneka Corporation
DSM Nutritional Products
Hwail Pharmaceutical Company Ltd
PharmaEssentia Corporation
Vitamin Shoppe

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Application:
Dietary Supplements
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019,2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Coenzyme Q10 Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers