The market size of coenzyme Q10 in my country is growing steadily, and microbial fermentation is the mainstream preparation process.

Coenzyme Q10, also known as vitamin Q, ubiquinone, etc., is a fat-soluble antioxidant that is widely present in living organisms. Coenzyme Q10 appears as a yellow or light yellow crystalline powder with no special odor under normal temperature and pressure. It is easily soluble in chloroform and carbon tetrachloride solutions, but insoluble in water and methanol solutions. Coenzyme Q10 has the function of protecting the structural integrity of biological membranes and promoting oxidative phosphorylation reactions. It can activate cell metabolism, enhance immunity, protect cardiovascular systems, delay aging, and prevent Alzheimer’s disease.

At present, the preparation process of Coenzyme Q10 has been basically mature and can be roughly divided into microbial fermentation method, cell culture method, chemical synthesis method, biological extraction method, etc. Among them, microbial fermentation has become the mainstream production process in the industry due to its advantages such as low production cost and good product quality.

Coenzyme Q10 is mainly used in cosmetics, health products, medicine and other fields. Among them, health products have become the largest application field of coenzyme Q10, accounting for 60.78%; followed by the pharmaceutical field, accounting for 19.43%.

With the continuous advancement of production technology, Coenzyme Q10 has become increasingly rich in functions and its application fields have gradually broadened. In clinical applications, coenzyme Q10 is mostly used to treat cardiovascular disease, Parkinson’s disease, Alzheimer’s disease, etc. In the field of cosmetics, Coenzyme Q10 can be used directly as an antioxidant to improve skin texture, promote skin metabolism, and reduce pigmentation. Overall, Coenzyme Q10 has a wide consumer market.

According to the “2023 Coenzyme Q10 Industry Investment Prospects Forecast and Investment Strategy Suggestions Report” released by the Industrial Research Center, in recent years, The income level of our country’s residents is gradually increasing, and they are gradually paying more and more attention to their own health. Medical and health care expenditures are gradually increasing, and the pharmaceutical and health care product markets are developing rapidly. Coenzyme Q10 is a very important pharmaceutical material, and the market demand is growing accordingly. Against this background, my country’s coenzyme Q10 market has grown steadily. From 2014 to 2022, my country’s coenzyme Q10 market size has increased from 109 million yuan to 519 million yuan, with an average annual compound growth rate of 21.54%.

With the gradual transfer of international industries to my country, my country has become one of the world’s largest producers of coenzyme Q10, and its export volume has gradually increased. According to data released by the General Administration of Customs, my country’s export volume of coenzyme Q10 will be 1,126.62 tons in 2022, an increase of 1.03 tons compared with 2021, and a year-on-year increase of 0.92%. From the perspective of export destination countries, my country’s main exporting countries of coenzyme Q10 include the United States, Canada, India, Germany, the Netherlands, etc. Among them, the United States has become my country’s largest export destination for coenzyme Q10.

Industry analysts People said that my country’s coenzyme Q10 industry started late but is developing rapidly. As my country’s coenzyme Q10 production technology gradually advances, some coenzyme Q10 companies with backward technology and small production capacity are gradually eliminated, and market concentration has increased. At present, my country’s largest coenzyme Q10 manufacturers mainly include Xinhecheng, Jindawei, Shenzhou Biotech, Zhejiang Pharmaceutical, etc.