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CoQ10 Supplement Market Size & Upcoming Industry Trends
Home / Report Store / Health Sciences and Bio Innovation / CoQ10 Supplement Market Research Report 2024

CoQ10 Supplement Market Research Report 2024

CoQ10 Supplement Market Global Industry Analysis and Forecast (2024-2032) By Form (Soft Capsule, Chewable Tablet, Powder), Product Type (Ubiquinone, Ubiquinol), Source (Plant-based, Animal-based), Application (Cardiovascular Support, Energy Production, Anti-aging, Dietary Supplement), End-user (Pharmaceutical & Healthcare Industry, Sports and fitness industry, Cosmetics industry), Distribution Channel (Retail Stores, Online Retail Stores, Pharmaceutical Stores), And Region

Published date: Mar 2025 Report ID: 270 Number of Pages: 250
Format:

CoQ10 Supplement Market Synopsis

CoQ10 Supplement Market Size Was Valued at USD 614.54 Million in 2023 and is Projected to Reach USD 964.03 Million by 2032, Growing at a CAGR of 5.13% From 2024-2032.

Coenzyme Q10 is an active ingredient found naturally in the body, support energy production, and serves as an antioxidant. Supplements containing Coenzyme Q10 are available in different forms, such as capsules, and are used to boost low levels of natural CoQ10.CoQ10 supports the generation of ATP in mitochondria. Taking supplements can increase energy levels, particularly in cases where the body's natural energy production is insufficient. Boost energy assistance.

CoQ10 supports cardiovascular health by assisting in the energy production required for heart muscle contractions. CoQ10 acts as a potent antioxidant, working to neutralize harmful free radicals in the body and helping to protect cells from oxidative damage, which is linked to aging and various health conditions.CoQ10 levels tend to decline with age, and supplementation may help counteract this reduction. CoQ10 has a protective effect on neurological health. It has potential benefits for conditions such as Alzheimer's disease, Parkinson's disease, and migraine prevention.

Top Active Players Involved Are:

“Kaneka Corporation (Japan), Now Foods (United States), H2One Co., Ltd. (Japan), NBTY Inc. (United States), GNC Holdings Inc. (United States), Nature's Bounty, Inc. (United States), Healthy Directions, LLC (United States), Solgar Inc. (United States), Nutraceutical Corporation (United States), Pharma Nord APS (Denmark), Source Naturals Inc. (United States), Jarrow Formulas Inc. (United States), Life Extension (United States), Douglas Laboratories (United States), Tishcon Corp. (United States), Twinlab Consolidated Holdings Inc. (United States), Swanson Health Products (United States), Pure Encapsulations (United States), Garden of Life (United States), Thorne Research (United States), Mitsubishi Gas Chemical Company, Inc. (Japan), Gnosis (Italy), Hwail Pharmaceutical CO., LTD. (South Korea), KYOWA HAKKO U.S.A., INC. (United States), DSM Nutritional Products AG (Switzerland), and Other Active Players.”

CoQ10 Supplement Market Segment Analysis:

CoQ10 Supplement Market Segmented on the basis of Form, Product Type, Source, Application, End-user, And Distribution Channel.

By Product Type, Ubiquinone Segment Is Expected to Dominate the Market During the Forecast Period

There are two segments by product type such as ubiquinone and ubiquinol. Among these, the ubiquinone segment is expected to dominate the market during the forecast period.

  • Ubiquinone has been widely used as a supplement for a longer duration compared to ubiquinol. It has a well-established presence in the market, and many consumers are familiar with ubiquinone.
  • Ubiquinone is more readily available and easier to produce compared to ubiquinol and can be synthesized through a relatively simpler manufacturing process, making it more cost-effective and accessible for supplement manufacturers.
  • Ubiquinone has a longer shelf life and better stability. t is more resistant to oxidation, ensuring its potency and effectiveness during storage and throughout the shelf life.
  • Ubiquinone can be used in a wide range of formulations and products, allowing supplement manufacturers to incorporate ubiquinone into various delivery forms, catering to the diverse preferences of consumers.

By Application, the Dietary Supplement Segment Held the Largest Share In 2023

There are four segments by application such as Cardiovascular Support, Energy Production, Anti-aging, and Dietary Supplement. Among these, Dietary Supplement Segment Held the Largest Share In 2023.

  • Increased awareness of health benefits has resulted in a significant rise in the request for CoQ10 supplements, favored for maintaining general well-being. This trend is fueled by preventative healthcare and individuals taking care of themselves.
  • Health problems can arise as individuals get older due to a decline in CoQ10 levels. Studies indicate CoQ10 can be beneficial for heart health, energy levels, and the effects of aging. Elderly individuals are more and more turning to CoQ10 supplements for these advantages.
  • CoQ10 supplements can be found in many different brands and types, giving customers a wide selection of choices including various dosage strengths, combinations, and specialized formulations tailored to specific health requirements.
  • CoQ10 supplements are available in capsules, softgels, tablets, and powders, which makes it simple to incorporate into daily habits. The easy accessibility of CoQ10 has contributed to its popularity as a dietary supplement, enabling consumers to effortlessly incorporate it into their daily supplement routines.
  • This statistic shows the total global dietary supplements market from 2018 to 2023. By 2023, the dietary supplements market is generated around 235 billion U.S. dollars worldwide.

CoQ10 Supplement Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

  • Heightened awareness in the Asia Pacific region regarding health has generated curiosity in supplements such as CoQ10, acclaimed for its health advantages. The Asia Pacific region has experienced significant economic growth in recent years, leading to an increase in disposable income among individuals.
  • The elderly population in the Asia Pacific region is increasing, experiencing age-related health issues. As demand for supplements increases, CoQ10 is highly valued for its role in supporting heart health, energy production, and antioxidant defense, especially for older individuals.
  • The retail landscape in the Asia Pacific region has undergone significant development, with the expansion of various retail channels which has made CoQ10 supplements more easily accessible to consumers, further driving market growth.

CoQ10 Supplement Market Active Players

  • Kaneka Corporation (Japan)
  • Now Foods (United States)
  • H2One Co., Ltd. (Japan)
  • NBTY Inc. (United States)
  • GNC Holdings Inc. (United States)
  • Nature's Bounty, Inc. (United States)
  • Healthy Directions, LLC (United States)
  • Solgar Inc. (United States)
  • Nutraceutical Corporation (United States)
  • Pharma Nord APS (Denmark)
  • Source Naturals Inc. (United States)
  • Jarrow Formulas Inc. (United States)
  • Life Extension (United States)
  • Douglas Laboratories (United States)
  • Tishcon Corp. (United States)
  • Twinlab Consolidated Holdings Inc. (United States)
  • Swanson Health Products (United States)
  • Pure Encapsulations (United States)
  • Garden of Life (United States)
  • Thorne Research (United States)
  • Mitsubishi Gas Chemical Company, Inc. (Japan)
  • Gnosis (Italy)
  • Hwail Pharmaceutical CO., LTD. (South Korea)
  • KYOWA HAKKO U.S.A., INC. (United States)
  • DSM Nutritional Products AG (Switzerland), and Other active Players.

Key Industry Developments in the CoQ10 Supplement Market:

  • In April 2024, Perelel expands its fertility support products with new supplement. Perelel’s target consumers are women in their late 20s to late 40s who are at varying stages of their fertility journey from conception to postpartum. Perelel-created Fertility+ Support has three key ingredients: acai berry powder, Acetyl-L-Carnitine and CoQ10.
  • In June 2023, Bausch + Lomb Corporation, a leading global eye health company, launched PreserVision® AREDS 2 Formula soft gels plus coenzyme Q10 (CoQ10). Developed as a convenient two-in-one option, PreserVision AREDS 2 Formula eye vitamins plus CoQ10 is the only eye vitamin that combines the exact nutrient formula recommended by the National Eye Institute (NEI) to help reduce the risk of moderate to advanced Age-related Macular Degeneration (AMD) progression in AMD patients with CoQ10 to help support heart health.

CoQ10 Supplement Market

Base Year:

2023

Forecast Period:

2024-2032

Historical Data:

2017 to 2023

Market Size in 2023:

USD 614.54 Mn.

Forecast Period 2024-32 CAGR:

5.13 %

Market Size in 2032:

USD 964.03 Mn.

Segments Covered:

By Form

  • Soft Capsule
  • Chewable Tablet
  • Powder

By Product Type

  • Ubiquinone
  • Ubiquinol

By Source

  • Plant-based
  • Animal-based

By Application

  • Cardiovascular Support
  • Energy Production
  • Anti-aging
  • Dietary Supplement

By End-user

  • Pharmaceutical & Healthcare Industry
  • Sports and fitness industry
  • Cosmetics industry

By Distribution Channel

  • Retail Stores
  • Online Retail Stores
  • Pharmaceutical Stores

By Region

  • North America (U.S., Canada, Mexico)
  • Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
  • Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
  • Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
  • Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
  • South America (Brazil, Argentina, Rest of SA)

Key Market Drivers:

  • Consumers Prioritizing Health and Prevention

Key Market Restraints:

  • Strict Government Regulations

Key Opportunities:

  • Increasing Use in Cosmetics

Companies Covered in the report:

  • Kaneka Corporation (Japan), Now Foods (United States), H2One Co., Ltd. (Japan), NBTY Inc. (United States), GNC Holdings Inc. (United States), and Other Active Players.

Chapter 1: Introduction

 1.1 Scope and Coverage



Chapter 2:Executive Summary



Chapter 3: Market Landscape

 3.1 Market Dynamics

  3.1.1 Drivers

  3.1.2 Restraints

  3.1.3 Opportunities

  3.1.4 Challenges

 3.2 Market Trend Analysis

 3.3 PESTLE Analysis

 3.4 Porter's Five Forces Analysis

 3.5 Industry Value Chain Analysis

 3.6 Ecosystem

 3.7 Regulatory Landscape

 3.8 Price Trend Analysis

 3.9 Patent Analysis

 3.10 Technology Evolution

 3.11 Investment Pockets

 3.12 Import-Export Analysis



Chapter 4: CoQ10 Supplement Market by By Form

 4.1 CoQ10 Supplement Market Snapshot and Growth Engine

 4.2 CoQ10 Supplement Market Overview

 4.3 Soft Capsule

  4.3.1 Introduction and Market Overview

  4.3.2 Historic and Forecasted Market

Frequently Asked Questions

What would be the forecast period in the CoQ10 Supplement Market research report?

The forecast period in the CoQ10 Supplement Market research report is 2024-2032.

Who are the key players in the CoQ10 Supplement Market?

Kaneka Corporation (Japan), Now Foods (United States), H2One Co., Ltd. (Japan), NBTY Inc. (United States), GNC Holdings Inc. (United States), Nature's Bounty, Inc. (United States), Healthy Directions, LLC (United States), Solgar Inc. (United States), Nutraceutical Corporation (United States), Pharma Nord APS (Denmark), Source Naturals Inc. (United States), Jarrow Formulas Inc. (United States), Life Extension (United States), Douglas Laboratories (United States), Tishcon Corp. (United States), Twinlab Consolidated Holdings Inc. (United States), Swanson Health Products (United States), Pure Encapsulations (United States), Garden of Life (United States), Thorne Research (United States), Mitsubishi Gas Chemical Company, Inc. (Japan), Gnosis (Italy), Hwail Pharmaceutical CO., LTD. (South Korea), KYOWA HAKKO U.S.A., INC. (United States), DSM Nutritional Products AG (Switzerland) and Other Active Players.

What are the segments of the CoQ10 Supplement Market?

The CoQ10 Supplement Market is segmented into Form, Product Type, Source, Application, End-user, Distribution Channel, and region. By Form, the market is categorized into Soft Capsule, Chewable Tablet, and Powder. By Product Type, the market is categorized into Ubiquinone, Ubiquinol. By Source, the market is categorized into Plant-based and Animal-based. By Application, the market is categorized into Cardiovascular Support, Energy Production, Anti-aging, and Dietary Supplement. By End-user, The Market Is Categorized into Pharmaceutical & Healthcare, Sports and fitness, and Cosmetics. By Distribution Channel, the market is categorized into Retail Stores, Online Retail Stores, Pharmaceutical Stores. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

What is the CoQ10 Supplement Market?

Coenzyme Q10 is an active ingredient found naturally in the body, support energy production, and serves as an antioxidant. Supplements containing Coenzyme Q10 are available in different forms, such as capsules, and are used to boost low levels of natural CoQ10.

How big is the CoQ10 Supplement Market?

CoQ10 Supplement Market Size Was Valued at USD 614.54 Million in 2023, and is Projected to Reach USD 964.03 Million by 2032, Growing at a CAGR of 5.13% From 2024-2032.

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Report ID: 270

Published Date: 2025-03-18

Number of Pages: 250

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Akshay Patil