Coenzyme Q10 Market Outlook in North America 2020 - Industry Statistics Analysis by 2026 - PowerPoint PPT Presentation

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Coenzyme Q10 Market Outlook in North America 2020 - Industry Statistics Analysis by 2026

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North American Coenzyme Q10 Market size is expected to exceed USD 550 million by 2026, according to a latest forecast report by Graphical Research. Growth in the demand for dietary supplements and rising consumer awareness about nutraceuticals has triggered the market growth. Moreover, growth in the cosmetics and pharmaceuticals industries has proliferated the market demand. – PowerPoint PPT presentation

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Title: Coenzyme Q10 Market Outlook in North America 2020 - Industry Statistics Analysis by 2026


1

North America Coenzyme Q10 Market to Cross 550
Mn by 2026 Graphical Research
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
2

North American Coenzyme Q10 Market size is
expected to exceed USD 550 million by 2026,
according to a latest forecast report by
Graphical Research. Growth in the demand for
dietary supplements and rising consumer awareness
about nutraceuticals has triggered the market
growth. Moreover, growth in the cosmetics and
pharmaceuticals industries has proliferated the
market demand. In terms of application, the
dietary supplements dominated the North American
coenzyme Q10 market with USD 220 million in 2019.
Dietary supplements are becoming a major part of
diets among individuals in United States and
Canada. Consumer willingness on spending on
nutraceuticals has been influenced by changing
consumer preferences.   Consumers are spending
more on dietary supplements which contain
minerals, enzymes, and vitamins. Dietary
supplements can be added to the foods, beverages,
and cereals. Coenzyme (CoQ) 10 supplements are
used for treating coenzyme Q10 deficiency. CoQ10
supplements are used for reducing the chances of
heart failure. The consumption of CoQ10 has been
triggered by growing consumption of dietary
supplements, owing to rising consumer health
awareness. These trends should fuel the dietary
supplements industry to cross USD 55 billion by
2024. In terms of application, the
pharmaceuticals segment is anticipated to grow at
8 between 2020 and 2026. The demand for
pharmaceutical products in North America has
increased owing to increase in the number of
people suffering from diabetes, cardiovascular
diseases, and blood pressure. This trend has
influenced individuals to change their dietary
patterns avoiding serious illness such as heart
failure and cardiac arrests.
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
3

Get sample copy of this research report _at_
https//bit.ly/3c6DUrk Request for
customization _at_ https//bit.ly/3z1kkXE
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
4

Coenzyme Q10 (CoQ10) is mainly used for treating
cardiovascular diseases (CVDs) and muscle pain.
CoQ10 is consumed orally for reducing the pain
from muscle fatigue, tenderness, and sleep
issues. Moreover, it is also used for reducing
the adverse effects of chemotherapy. The demand
for CoQ10 has increased owing to rising number of
individuals sufferings from CVDs and cancer.
Heart diseases have been one of the major causes
of death in North America.   The number of people
suffering from heart diseases has increased due
to increase in the number of individuals with
hypertension, caused by lack of exercise and
healthy diet. In West Virginia and Alabama,
United States, nearly 44 and 42 of adults
suffered from hypertension respectively in 2019.
Significant number of people having heart
diseases has boosted the demand for
pharmaceuticals to avoid sudden heart
failure.   Increase in consumer awareness
regarding health benefits of dietary supplements
should trigger the CoQ10 market demand in North
America. People are focusing on supplements which
help them get essential nutrients, which food
dont offer. Utilization of CoQ 10 has increased
among people sufferings from heart diseases, as
it helps in avoiding sudden heart failures. These
also help in improving heart health by increasing
ATP creation in human body. Moreover, use of CoQ
10 for preventing skin damages from sun and
aging. Growing spending on skin and personal care
should accelerate the market growth.    Major
players in the market include Kaneka Corporation,
Healthy Origins, DSM, NBTY, NOW Foods, Natural
Organics, Tishcon Corp., Novartis,
GlaxoSmithKline, Johnson Johnson, and Pfizer.
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
5

Segmentation of North America Coenzyme Q10
Market North America Market, By
Application Pharmaceuticals Dietary
Supplements Cosmetics The above information has
been provided for the following countries North
America U.S. Canada
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
6

About Graphical Research Graphical Research is
a business research firm that provides industry
insights, market forecast and strategic inputs
through granular research reports and advisory
services. We publish targeted research reports
with an aim to address varied customer needs,
from market penetration and entry strategies to
portfolio management and strategic outlook. We
understand that business requirements are unique
our syndicate reports are designed to ensure
relevance for industry participants across the
value chain. We also provide custom reports that
are tailored to the exact needs of the customer,
with dedicated analyst support across the
purchase lifecycle. Contact Us Parikhit
B. Corporate sales, Graphical
Research  Phone1-800-986-6917Email sales_at_graphi
calresearch.com  Web https//www.graphicalresea
rch.com
2018 Graphical Research. All rights
reserved.


www.graphicalresearch.com
7

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