Albumin Market - Growth, Trends, Covid-19 Impact, And Forecasts (2022 - 2028)

Posted By : on 2022-02-03   15:28:03    United States
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The global market for Albumin was estimated at USD 5157.75 Million in the year 2022 and is projected to reach USD 7233.93 Million by 2028, growing at a CAGR of 5.8 % over the forecast period.

Albumin is a simple protein present in both, animal and plant physiological fluids and tissues. In humans, it is synthesized in the liver and accounts for 25% of the total proteins synthesized by the liver. After synthesis in the liver, it is released into the bloodstream. It plays many vital roles such as maintenance of appropriate osmotic pressure, binding & transport of various compounds like hormones & drugs in blood, and neutralization of free radicals.

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