Market Overview

Global Coenzyme Q10 Market 2018-2022| 10% CAGR Projection Over the Next Four Years| Technavio

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The global coenzyme Q10 market 2018-2022 is expected to post a CAGR of
almost 10% during the forecast period, according to the latest market
research report by Technavio.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180731005951/en/

Technavio has published a new market research report on the global coenzyme q10 market from 2018-202 ...

Technavio has published a new market research report on the global coenzyme q10 market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the growing disposable
income. Disposable income is growing across the world. For instance, in
2016, more than 60% of women were working in the US, creating a
financial boost in the overall household income. It enables consumers to
spend more on health and beauty products, thus driving the demand for
coenzyme Q10 dietary supplements, pharmaceuticals, and cosmetics.

This market research report on the global
coenzyme Q10 market 2018-2022
also provides an analysis of the
most important trends expected to impact the market outlook during the
forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the high demand for cosmetics as
one of the key emerging trends in the global coenzyme Q10 market:

Global coenzyme Q10 market: High demand for
cosmetics

The cosmetic products market is projected to grow at a CAGR of around 6%
during the forecast period, owing to an increase in disposable income
and changing preferences in fashion, which is increasing the demand for
cosmetics. This increase in demand for cosmetics has increased the cases
of skin cancer as the cosmetics are usually made of synthetic materials,
paraben, synthetic colors, and phthalates that are also referred to as
industrial chemicals.

"These industrial chemicals are also found in high-end cosmetics,
which are carcinogenic in nature. Hence, the increased application of
these cosmetics leads to an increased incidence of cancer.
Thus,
leading to a boost in demand for cosmetic products with natural
ingredients such as coenzyme Q10, which is beneficial for the skin,"
says
a senior market analyst at Technavio.

Global coenzyme Q10 market: Segmentation
analysis

This market research report segments the global coenzyme Q10 market by
application (dietary supplements, pharmaceuticals, and cosmetics) and
geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than
46%, followed by EMEA and APAC respectively. Although the growth in the
APAC region may not be huge, however, the region is expected to witness
an increased incremental growth during the forecast period.

Looking for more information on this market? Request
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Technavio's sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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