Market Overview:
The global solanesol market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for coenzyme Q10 and vitamin K2, which are produced using solanesol. In addition, the growing awareness about the benefits of solanesol is also contributing to the growth of this market. North America dominates the global solanesol market, followed by Europe and Asia Pacific. Latin America and Middle East & Africa are expected to experience high growth rates during the forecast period.
Product Definition:
solanesol is a natural organic compound that belongs to the class of compounds called terpenoids. Terpenoids are a large and diverse group of chemicals that are found in plants and some animals. solanesol is found in small quantities in tobacco smoke and certain other plant products.
90% Solanesol:
90% solanesol is a glycolipid with a molecular weight of 397.2 and an optical rotation of [? (l) ?]. It is formed by the reaction between mannosylerythritol and palmitate. 90% solanesol has an odor like butter, it's taste is neutral, it's appearance is white crystalline powder and it's hygroscopicity can be measured in water at 60°C.
95% Solanesol:
95% solanesol is a colorless liquid with an odor similar to that of glycerin. It is used as a thickening agent, viscosity controller, and stabilizer in pharmaceutical formulations. 95% solanesol has been approved by the U.S Food and Drug Administration (FDA) for direct food use at 5%.
Application Insights:
Coenzyme Q10 was the largest application segment in 2017 and is projected to witness significant growth over the forecast period. Coenzyme Q10 is a naturally occurring compound that plays a key role in energy metabolism. It has been used as an antioxidant and for the treatment of diseases related to oxidative stress, such as Parkinson¢â‚¬â„¢s disease, diabetes mellitus type II, cardiovascular disorders and cancer. Increasing research on health benefits associated with coenzyme Q10 is expected to drive demand over the forecast period.
Solanesol can be converted into solanebosol by oxidation process; however, this process consumes oxygen which makes it inaccessible in large quantities. The other major application of solanesol includes its use as a raw material for producing vitamin K2 (menadione). Vitamin K2 has applications in bone healing & calcium absorption where it acts as an important nutritional supplement for preventing osteoporosis-related fractures1 .
Regional Analysis:
North America dominated the global market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of a large number of manufacturers and suppliers coupled with high consumer awareness regarding CoQ10 benefits. The region is expected to witness significant growth over the forecast period owing to rising product demand as an anti-aging supplement, along with growing interest in natural supplements among consumers.
Asia Pacific solanesol market is anticipated to grow at a lucrative rate during the forecast period due to increasing awareness about health benefits offered by this compound, such as protection against heart diseases and cancer, improvement in energy levels along with its ability reduce age related ailments such as cataract & macular degeneration (AMD). Moreover, growing population coupled with rising disposable income will drive product demand further driving regional growth over the next eight years.
Growth Factors:
- Increasing demand from the pharmaceutical and nutraceutical industries for solanesol as a natural product with various health benefits.
- Growing awareness about the potential health benefits of solanesol, which is driving its uptake by consumers.
- Rising demand for green technologies and renewable energy sources, which is benefiting the solanesol market growth.
- Increasing investment in research and development activities for developing new applications of solanesol in various end-use industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Solanesol Market Research Report
By Type
90% Solanesol, 95% Solanesol
By Application
Coenzyme Q10, Vitamin K2, Other
By Companies
ExtRx, Zhejiang Yixin Pharmaceutical
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Solanesol Market Report Segments:
The global Solanesol market is segmented on the basis of:
Types
90% Solanesol, 95% Solanesol
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
Coenzyme Q10, Vitamin K2, Other
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:
- ExtRx
- Zhejiang Yixin Pharmaceutical
Highlights of The Solanesol 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:
- 90% Solanesol
- 95% Solanesol
- By Application:
- Coenzyme Q10
- Vitamin K2
- Other
- 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 Solanesol 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?
Solanesol is a natural oil that is derived from the bark of the solanum tuberosum plant. Solanesol has been used in traditional medicine to treat a variety of conditions, including pain relief, inflammation, and fever reduction.
Some of the key players operating in the solanesol market are ExtRx, Zhejiang Yixin Pharmaceutical.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Solanesol Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Solanesol Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Solanesol Market - Supply Chain
4.5. Global Solanesol Market Forecast
4.5.1. Solanesol Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Solanesol Market Size (000 Units) and Y-o-Y Growth
4.5.3. Solanesol Market Absolute $ Opportunity
5. Global Solanesol Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Solanesol Market Size and Volume Forecast by Type
5.3.1. 90% Solanesol
5.3.2. 95% Solanesol
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Solanesol Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Solanesol Market Size and Volume Forecast by Application
6.3.1. Coenzyme Q10
6.3.2. Vitamin K2
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Solanesol Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Solanesol Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Solanesol Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Solanesol Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Solanesol Demand Share Forecast, 2019-2026
9. North America Solanesol Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Solanesol Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Solanesol Market Size and Volume Forecast by Application
9.4.1. Coenzyme Q10
9.4.2. Vitamin K2
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Solanesol Market Size and Volume Forecast by Type
9.7.1. 90% Solanesol
9.7.2. 95% Solanesol
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Solanesol Demand Share Forecast, 2019-2026
10. Latin America Solanesol Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Solanesol Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Solanesol Market Size and Volume Forecast by Application
10.4.1. Coenzyme Q10
10.4.2. Vitamin K2
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Solanesol Market Size and Volume Forecast by Type
10.7.1. 90% Solanesol
10.7.2. 95% Solanesol
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Solanesol Demand Share Forecast, 2019-2026
11. Europe Solanesol Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Solanesol Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Solanesol Market Size and Volume Forecast by Application
11.4.1. Coenzyme Q10
11.4.2. Vitamin K2
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Solanesol Market Size and Volume Forecast by Type
11.7.1. 90% Solanesol
11.7.2. 95% Solanesol
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Solanesol Demand Share, 2019-2026
12. Asia Pacific Solanesol Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Solanesol Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Solanesol Market Size and Volume Forecast by Application
12.4.1. Coenzyme Q10
12.4.2. Vitamin K2
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Solanesol Market Size and Volume Forecast by Type
12.7.1. 90% Solanesol
12.7.2. 95% Solanesol
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Solanesol Demand Share, 2019-2026
13. Middle East & Africa Solanesol Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Solanesol Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Solanesol Market Size and Volume Forecast by Application
13.4.1. Coenzyme Q10
13.4.2. Vitamin K2
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Solanesol Market Size and Volume Forecast by Type
13.7.1. 90% Solanesol
13.7.2. 95% Solanesol
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Solanesol Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Solanesol Market: Market Share Analysis
14.2. Solanesol Distributors and Customers
14.3. Solanesol Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ExtRx
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Zhejiang Yixin Pharmaceutical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. COMPANY3
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. COMPANY4
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
