New Insights Report from the CoQ10 Association Forecasts the Global CoQ10 Market to Reach $1.3 billion by 2020
SPRING, TEXAS (December 17, 2018) — Today, the CoQ10 Association announced the release of its Coenzyme Q10 (CoQ10) Insight Report underwritten by the association and Trust Transparency Center. CoQ10 is a fat-soluble nutrient produced naturally in the body and used in cells to create energy. This report leverages 50 years of cumulative market experience and provides in-depth analysis on the scope of the CoQ10 market, its history, forms, applications and market challenges, as well as an examination of the market’s size, revenues, and forecasted growth.
“The global CoQ10 market is entering a period of robust growth and opportunity as it lies at the confluence of a number of important consumer and demographic trends, including the aging population, increasing knowledge and importance of health and wellness goals, energy starved adults and growing awareness of the importance of CoQ10’s value and function,” said Scott Steinford, Founder and President of the CoQ10 Association and Managing Partner of the Trust Transparency Center. “This report features trend forecasting using a proprietary analysis based on nearly 20 years of market intelligence and information from major ingredient manufacturers.”
The report also provides a breakdown of key suppliers, brands, and ongoing and competitive factors that will play a role in its future growth and development.
Regulatory Status Overview
- United States
- European Union
- Australia
- Canada
- Japan
- The Nature’s Bounty Company
- International Vitamin Corporation
- GNC (General Nutrition Centers) Holdings/Nutra Contract Manufacturing
- Pharmavite LLC
- Doctor’s Best Inc.
- Jarrow Formulas
- Natural Factors
- NOW Foods
- Tishcon Corp
- Qunol
- The Vitamin Shoppe
About the CoQ10 Association
The CoQ10 Association is a not-for-profit (501.c.6) organization dedicated to stewarding the responsible growth of the CoQ10 category. Its membership is comprised of companies across the CoQ10 value chain including suppliers, processors, brand holders, retailers and service companies with a stake in and dedicated to upholding sound and credible science, responsible communications and sustainable and transparent practices around CoQ10 manufacturing and products. For more information, please visit CoQ10Association.org.
About Trust Transparency Center
Trust Transparency Center (TTC) is a boutique strategy and insights firm with over 60 years of experience in the natural products industry, including a deep understanding of all aspects of the global supply chain and what it takes to be successful in today's ever-changing climate. TTC helps companies in the food, beverage and supplement sectors grow and thrive in the areas of Business and Go-To-Market Strategy, Finance and M&A, Compliance and Risk Management, Strategic Services, Organizational Culture Development and Trust Transparency Coaching. The organization's Single Ingredient Trade Association incubator program establishes a third-party baseline for ingredient quality, identity and appropriate category definitions and standards. For more information, please visit TrustTransparency.com.
Posted from my blog with SteemPress : https://trusttransparency.com/new-insights-report-from-the-coq10-association-forecasts-the-global-coq10-market-to-reach-1-3-billion-by-2020/
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