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What's driving the CoQ10 market through 2024?

Posted by James on 04/30/2017 | Comment

The global coenzyme Q10 (CoQ10) market is expected to reach USD 1.36 billion by 2024, according to a new report by Grand View Research, Inc. Increasing use in cosmetic formulations is a key driving factor for industry growth.

Asia Pacific is poised to be the fastest growing regional market on account of expanding industrial base with most of the manufacturing companies opening plants in China and growing major end-use industries such as pharmaceutical and dietary supplements. Latin America would follow Asia Pacific in terms of growth. The growth can be attributed to increasing use as a dietary supplement and ailment of diverse diseases.

Dietary supplements were the dominant application segment accounting for over 60% of the total market volume in 2015. Cosmetics is expected to witness the highest growth rate of 10.4% from 2016 to 2024, growth being driven by increasing use in skin care creams and lotions in compliance to usage regulations.

There’s very good reason CoQ10 is being used in cosmetic formulations, it serves as a potent antioxidant and a natural cellular energizer to both protect skin cells against free radical damage and to stimulate the growth of new, more elastic, younger looking skin by assisting mitochondrial cellular energy production.

Our is one of the first to include CoQ10. But more than that, Derma Q Gel remains an industry leader as it utilizes both Ubiquinone and Ubiquinol (the active form of CoQ10) in water soluble forms. We cannot emphasize enough how important this is! . Water solubility increases CoQ10 absorption, both internally and through the dermal layers, by a staggering percentage (up to 860%) over all other forms of CoQ10. In fact, our exclusive manufacturer, Tishcon Corp, changed the industry when they unlocked the potential of CoQ10 by creating Q-Gel, the worlds first water soluble CoQ10. Q-Gel is the inspiration for Derma Q Gel, the world’s first topical skin cream with water soluble CoQ10. The rest of the cosmeceutical industry is only beginning to learn of the amazing benefits of CoQ10 for your skin and seeing as Tishcon owns the patents for the the proprietary manufactring of Water Soluble CoQ10, they won’t be catching up anytime soon. Yes we say Water Soluble a lot but really, we can’t over-emphasize it, it makes that much of a difference!

Derma Q Gel has been our best seller for over 10 years now. Give it a try and find out what our customers all over the world have known for years. Derma Q Gel remains the pinnacle of CoQ10 skin creams. The rest are just cheap knock offs.