Overview. Vitamin B12, also called cobalamin, is one of 8 B vitamins. All B vitamins help the body convert food (carbohydrates) into fuel (glucose), which is used to produce energy. These B vitamins, often referred to as B complex vitamins, also help the body use fats and protein.egetarians who do not eat any animal products should take a vitamin B12 supplement with water, preferably after eating. Elderly people may need larger amounts of vitamin B12 than younger people because the body's ability to absorb vitamin B12 from the diet goes down with age.