Market Overview:
The global coenzyme R market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for coenzyme R in food, pharma & cosmetics, and animal feed applications. Coenzyme R is used as a dietary supplement and is also added to various food products for its nutritional value. It helps in the absorption of other nutrients and improves overall health. Coenzyme R is also used as an ingredient in pharmaceuticals and cosmetics products due to its anti-aging properties.
Product Definition:
A coenzyme is a molecule that is not essential for life but helps enzymes catalyze biochemical reactions. Coenzymes are often vitamins or derivatives of vitamins.
1% Biotin:
Biotin, also known as vitamin B7 or biotin, is a chemical element found in the cells of all organisms. It is a small water-soluble vitamin that plays an important role in maintaining cell structure and providing energy. Biotin has several medical applications including treatment of diabetes and skin disorders such as dermatitis & psoriasis.
2% Biotin:
2% Biotin is a form of vitamin B7 that is produced by certain bacteria and some plants. It plays an important role in cell growth & division, fatty acid metabolism, and helps the body absorb nutrients. 2% biotin can be naturally found in egg yolk, soybean oil, wheat germ oil & meat products such as liver & kidney.
Application Insights:
The food application segment accounted for the largest share of over 50% in 2017. The product is widely used as a nutritional supplement and fortification additive in various foods, beverages and dietary supplements. Growing awareness regarding good health among consumers, coupled with rising demand for functional foods, is expected to propel the product demand over the forecast period.
Pharma & cosmetics application was one of the fastest-growing segments at an estimated CAGR of XX% from 2018 to 2030 owing to increasing use of biotin in manufacturing vitamin supplements and medicines for hair growth and skin care products among others. Increasing R&D oncology drug development activities coupled with growing consumer awareness about cancer prevention is further anticipated to drive market growth during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to rising demand for nutritional products and increasing aging population in Japan, China, India, and South Korea. Increasing disposable income coupled with growing consumer awareness regarding health supplements is also expected to drive product demand over the forecast period.
The European market was valued at USD X billion in 2017 and is anticipated to grow at a significant rate during the forecast years on account of high animal feed production as well as consumption coupled with growing geriatric population especially in Germany, U.K.
Growth Factors:
- Increasing awareness about the benefits of Coenzyme R among consumers.
- Rising demand for natural and organic products.
- Growing popularity of preventive healthcare measures.
- Proliferation of online retail platforms that offer Coenzyme R supplements at competitive prices.
Scope Of The Report
Report Attributes
Report Details
Report Title
Coenzyme R Market Research Report
By Type
1% Biotin, 2% Biotin, Pure Biotin (>98%), Others
By Application
Food, Pharma & Cosmetics, Animal Feed
By Companies
Zhejiang Medicine, SDM, Hegno, Shanghai Acebright, NUH, Anhui Tiger Biotech, Kexing Biochem, DSM
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
194
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Coenzyme R Market Report Segments:
The global Coenzyme R market is segmented on the basis of:
Types
1% Biotin, 2% Biotin, Pure Biotin (>98%), Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharma & Cosmetics, Animal Feed
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zhejiang Medicine
- SDM
- Hegno
- Shanghai Acebright
- NUH
- Anhui Tiger Biotech
- Kexing Biochem
- DSM
Highlights of The Coenzyme R Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 1% Biotin
- 2% Biotin
- Pure Biotin (>98%)
- Others
- By Application:
- Food
- Pharma & Cosmetics
- Animal Feed
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Coenzyme R Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Coenzyme R is a molecule that helps to catalyze the chemical reactions in the body.
Some of the key players operating in the coenzyme r market are Zhejiang Medicine, SDM, Hegno, Shanghai Acebright, NUH, Anhui Tiger Biotech, Kexing Biochem, DSM.
The coenzyme r market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Coenzyme R Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Coenzyme R Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Coenzyme R Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Coenzyme R Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Coenzyme R Market Size & Forecast, 2018-2028
4.5.1 Coenzyme R Market Size and Y-o-Y Growth
4.5.2 Coenzyme R Market Absolute $ Opportunity
Chapter 5 Global Coenzyme R Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Coenzyme R Market Size Forecast by Type
5.2.1 1% Biotin
5.2.2 2% Biotin
5.2.3 Pure Biotin (>98%)
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Coenzyme R Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Coenzyme R Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharma & Cosmetics
6.2.3 Animal Feed
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Coenzyme R Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Coenzyme R Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Coenzyme R Analysis and Forecast
9.1 Introduction
9.2 North America Coenzyme R Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Coenzyme R Market Size Forecast by Type
9.6.1 1% Biotin
9.6.2 2% Biotin
9.6.3 Pure Biotin (>98%)
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Coenzyme R Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharma & Cosmetics
9.10.3 Animal Feed
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Coenzyme R Analysis and Forecast
10.1 Introduction
10.2 Europe Coenzyme R Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Coenzyme R Market Size Forecast by Type
10.6.1 1% Biotin
10.6.2 2% Biotin
10.6.3 Pure Biotin (>98%)
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Coenzyme R Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharma & Cosmetics
10.10.3 Animal Feed
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Coenzyme R Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Coenzyme R Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Coenzyme R Market Size Forecast by Type
11.6.1 1% Biotin
11.6.2 2% Biotin
11.6.3 Pure Biotin (>98%)
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Coenzyme R Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharma & Cosmetics
11.10.3 Animal Feed
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Coenzyme R Analysis and Forecast
12.1 Introduction
12.2 Latin America Coenzyme R Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Coenzyme R Market Size Forecast by Type
12.6.1 1% Biotin
12.6.2 2% Biotin
12.6.3 Pure Biotin (>98%)
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Coenzyme R Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharma & Cosmetics
12.10.3 Animal Feed
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Coenzyme R Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Coenzyme R Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Coenzyme R Market Size Forecast by Type
13.6.1 1% Biotin
13.6.2 2% Biotin
13.6.3 Pure Biotin (>98%)
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Coenzyme R Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharma & Cosmetics
13.10.3 Animal Feed
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Coenzyme R Market: Competitive Dashboard
14.2 Global Coenzyme R Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zhejiang Medicine
14.3.2 SDM
14.3.3 Hegno
14.3.4 Shanghai Acebright
14.3.5 NUH
14.3.6 Anhui Tiger Biotech
14.3.7 Kexing Biochem
14.3.8 DSM
