Cobalamin Market Report Opportunities, and Forecast By 2033

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By Manjeet Ahirwar Posted on Oct 21, 2023
In Category - Business
Manjeet Ahirwar
Abstract
According to the Market Statsville Group (MSG), the global cobalamin market size is expected to grow from USD 285.3 million in 2021 to USD 511.4 million by 2030, at a CAGR of 6.7% from 2022 to 2030. Vitamin B12 (Cobalamin) is a vital vitamin for amino acid metabolism, fatty acid metabolism, and DNA synthesis. A cobalamin is a non-natural form of vitamin B12 that is used to prevent and cure vitamin B12 deficiency in humans. It is a necessary component of the human body's efficient cellular metabolism. Vitamin B12 is one of the planet's most massive and structurally complex vitamins. Vitamins can be found in fish, meat, eggs, and poultry. Because animal food sources contain more vitamin B12, there is a significant prevalence of vitamin deficiency among persons who eat a plant-based diet. As a result, persons who confine themselves to vegan or vegetarian food sources have a higher need for multivitamins and synthetic vitamin B12 absorption.
Cobalamin Market

According to the Market Statsville Group (MSG), the global cobalamin market size is expected to grow from USD 285.3 million in 2021 to USD 511.4 million by 2030, at a CAGR of 6.7% from 2022 to 2030. Vitamin B12 (Cobalamin) is a vital vitamin for amino acid metabolism, fatty acid metabolism, and DNA synthesis. A cobalamin is a non-natural form of vitamin B12 that is used to prevent and cure vitamin B12 deficiency in humans. It is a necessary component of the human body's efficient cellular metabolism. Vitamin B12 is one of the planet's most massive and structurally complex vitamins. Vitamins can be found in fish, meat, eggs, and poultry. Because animal food sources contain more vitamin B12, there is a significant prevalence of vitamin deficiency among persons who eat a plant-based diet. As a result, persons who confine themselves to vegan or vegetarian food sources have a higher need for multivitamins and synthetic vitamin B12 absorption.

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