Methylmalonic Acid Market Outlook 2029: Presents Market Insights & Depth Analysis

The Methylmalonic Acid Market is anticipated to grow at a significant CAGR during the forecast period. Methylmalonic acid (MMA) is a substance created by the human body when it digests protein. The amount of vitamin B12 in the body controls the production of MMA in the body. A high amount of MMA typically means a deficiency of vitamin B12.?The major factor driving the growth of the market during the forecast period is the growing cases of vitamin B12 deficiency.

According to the National Health and Nutrition Examination Survey (NHANES), approximately 6% of adults younger than 60 years have vitamin B12 deficiency in the US and the UK, however, the rate is closer to 20% in those older than 60. Additionally, vitamin B12 levels tend to drop, due to subnormal levels during pregnancy, however, they return to normal after delivery. Further, as per the same source, approximately 24% of men and 29% of women are using a dietary supplement containing vitamin B12 in 2017–2018. This, in turn, is accelerating the growth of the market.

Some major players in the market include Thermo Fisher Scientific, Inc., and Cambridge Isotope Laboratories, Inc. (Eurisotop), among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in December 2021, OmegaQuant launched a new Vitamin B12 Test that comes with a sample collection kit that allows for testing at home. This simple, safe, convenient test measures a substance called methylmalonic acid (uMMA) in the urine, which is a more accurate way of detecting low B12 status.

To Request a Sample of our Report on Methylmalonic Acid Market:  https://www.omrglobal.com/request-sample/methylmalonic-acid-market

Market Coverage

•             The market number available for – 2022-2030

•             Base year- 2022

•             Forecast period- 2023-2030

•                 Segment Covered- 

·                  By Type

·                  By Application

•             Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

•                 Competitive Landscape-Thermo Fisher Scientific, Inc., and Cambridge Isotope Laboratories, Inc. (Eurisotop), among others.

Methylmalonic Acid Market Report by Segment

By Type 

•             Purity Above 96%

•             Purity Below 96%

•             Purity 96%

By Application 

•             Vitamin B12 Deficiency Testing

•             Clinical Analysis of Serum/Plasma

A full Report of Methylmalonic Acid Market is Available at:  https://www.omrglobal.com/industry-reports/methylmalonic-acid-market

Methylmalonic Acid Market Report by Region

North America

·        United States

·        Canada

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan

·                  South Korea

·                  Rest of APAC

Rest of the World

·        Latin America 

·        Middle East & Africa

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

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