Coenzymes Q10 Market: Opportunities Abound as Cosmetics Industry Complements Traditional Application Avenues, Finds New Study
Increasing penetration of coenzyme Q10 in cancer and Huntington's disease treatment is creating new growth avenues for stakeholders. In addition to traditional applications in treating cognitive illnesses and cardiovascular diseases, demand for coenzyme Q10 is also complemented by growing adoption in cosmetics industry. The outlook on the global coenzyme Q10 market remains positive, with a 9.1% volume CAGR projected for the period between 2018 and 2028. Revenues from global sales of CoQ10 will reach approximately US$ 1,500 Mn by 2028-end.
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