Part 1
Part 2
Part 3
Part 5
Description
Metformin hydrochloride is the raw material of finished product metformin hydrochloride drugs. That is the API metformin hydrochloride. Metformin Hydrochloride finished product is an oral antihyperglycemic drug used in the management of type 2-diabetes. Metformin hydrochloride (N, N-dimethylimidodicarbonimidic diamide hydrochloride) is not chemically or pharmacologically related to any other classes of oral antihyperglycemic agents. Metformin hydrochloride is a white to off-white crystalline compound with a molecular formula of C4H11N5·HCL and a molecular weight of 165.63. Metformin hydrochloride is freely soluble in water and is practically insoluble in acetone, ether and chloroform. In this report, our statistics is given by metformin hydrochloride API. The global Metformin Hydrochloride market was valued at US$ 392 million in 2023 and is anticipated to reach US$ 565 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
Metformin Hydrochloride Market Size
M= millions and B=billions
The global key manufacturers of Metformin Hydrochloride include Keyuan Pharmaceutical, Aarti Drugs and Shijiazhuang Polee, etc, top 3 manufacturers hold a share approximately 36%. Keyuan Pharmaceutical is the world's largest Metformin Hydrochloride manufacturer, with a market share of more than 14%. India, China and Europe are the major Metformin Hydrochloride market, they have a market share of more than 68%. India is the largest market with a share of 46%. In terms of product type, Metformin HCL is the largest market segment with a share of more than 82%. In terms of applications, Metformin Hydrochloride Tablets is the largest downstream segment, with a market share of about 72%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Metformin Hydrochloride, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Metformin Hydrochloride.
The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Metformin Hydrochloride market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Metformin Hydrochloride manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Report Metric
Details
Report Title
Global Metformin Hydrochloride Market Research Report 2024
Forecasted Market Size in 2030
US$ 565 million
CAGR(2024-2030)
5.4%
Market Size Available for Years
2019-2030
Global Metformin Hydrochloride Companies Covered
Wanbury, USV, Shouguang Fukang Pharmaceutical, Vistin Pharma, CR Double-Crane, Keyuan Pharmaceutical, Farmhispania Group, Harman Finochem, Shijiazhuang Polee Pharmaceutical, Aarti Drugs, Exemed Pharmaceuticals
Global Metformin Hydrochloride Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Metformin Hydrochloride Market, Segment by Type
Metformin HCL
Metformin DC
Global Metformin Hydrochloride Market, Segment by Application
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Metformin Hydrochloride by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Metformin Hydrochloride in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Table of Contents
1 Metformin Hydrochloride Market Overview
1.1 Product Definition
1.2 Metformin Hydrochloride by Type
1.2.1 Global Metformin Hydrochloride Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Metformin HCL
1.2.3 Metformin DC
1.3 Metformin Hydrochloride by Application
1.3.1 Global Metformin Hydrochloride Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Metformin Hydrochloride Tablets
1.3.3 Metformin Hydrochloride Extended-Release Tablets
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Metformin Hydrochloride Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Metformin Hydrochloride Production Estimates and Forecasts (2019-2030)
1.4.4 Global Metformin Hydrochloride Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Metformin Hydrochloride Production Market Share by Manufacturers (2019-2024)
2.2 Global Metformin Hydrochloride Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Metformin Hydrochloride, Industry Ranking, 2022 VS 2023
2.4 Global Metformin Hydrochloride Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Metformin Hydrochloride Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Metformin Hydrochloride, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Metformin Hydrochloride, Product Offered and Application
2.8 Global Key Manufacturers of Metformin Hydrochloride, Date of Enter into This Industry
2.9 Metformin Hydrochloride Market Competitive Situation and Trends
2.9.1 Metformin Hydrochloride Market Concentration Rate
2.9.2 Global 5 and 10 Largest Metformin Hydrochloride Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Metformin Hydrochloride Production by Region
3.1 Global Metformin Hydrochloride Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Metformin Hydrochloride Production Value by Region (2019-2030)
3.2.1 Global Metformin Hydrochloride Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Metformin Hydrochloride by Region (2025-2030)
3.3 Global Metformin Hydrochloride Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Metformin Hydrochloride Production by Region (2019-2030)
3.4.1 Global Metformin Hydrochloride Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Metformin Hydrochloride by Region (2025-2030)
3.5 Global Metformin Hydrochloride Market Price Analysis by Region (2019-2024)
3.6 Global Metformin Hydrochloride Production and Value, Year-over-Year Growth
3.6.1 Europe Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
3.6.2 China Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
3.6.3 India Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
4 Metformin Hydrochloride Consumption by Region
4.1 Global Metformin Hydrochloride Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Metformin Hydrochloride Consumption by Region (2019-2030)
4.2.1 Global Metformin Hydrochloride Consumption by Region (2019-2030)
4.2.2 Global Metformin Hydrochloride Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Metformin Hydrochloride Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Metformin Hydrochloride Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Metformin Hydrochloride Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Metformin Hydrochloride Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Metformin Hydrochloride Production by Type (2019-2030)
5.1.1 Global Metformin Hydrochloride Production by Type (2019-2024)
5.1.2 Global Metformin Hydrochloride Production by Type (2025-2030)
5.1.3 Global Metformin Hydrochloride Production Market Share by Type (2019-2030)
5.2 Global Metformin Hydrochloride Production Value by Type (2019-2030)
5.2.1 Global Metformin Hydrochloride Production Value by Type (2019-2024)
5.2.2 Global Metformin Hydrochloride Production Value by Type (2025-2030)
5.2.3 Global Metformin Hydrochloride Production Value Market Share by Type (2019-2030)
5.3 Global Metformin Hydrochloride Price by Type (2019-2030)
6 Segment by Application
6.1 Global Metformin Hydrochloride Production by Application (2019-2030)
6.1.1 Global Metformin Hydrochloride Production by Application (2019-2024)
6.1.2 Global Metformin Hydrochloride Production by Application (2025-2030)
6.1.3 Global Metformin Hydrochloride Production Market Share by Application (2019-2030)
6.2 Global Metformin Hydrochloride Production Value by Application (2019-2030)
6.2.1 Global Metformin Hydrochloride Production Value by Application (2019-2024)
6.2.2 Global Metformin Hydrochloride Production Value by Application (2025-2030)
6.2.3 Global Metformin Hydrochloride Production Value Market Share by Application (2019-2030)
6.3 Global Metformin Hydrochloride Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Wanbury
7.1.1 Wanbury Metformin Hydrochloride Company Information
7.1.2 Wanbury Metformin Hydrochloride Product Portfolio
7.1.3 Wanbury Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Wanbury Main Business and Markets Served
7.1.5 Wanbury Recent Developments/Updates
7.2 USV
7.2.1 USV Metformin Hydrochloride Company Information
7.2.2 USV Metformin Hydrochloride Product Portfolio
7.2.3 USV Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.2.4 USV Main Business and Markets Served
7.2.5 USV Recent Developments/Updates
7.3 Shouguang Fukang Pharmaceutical
7.3.1 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Company Information
7.3.2 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product Portfolio
7.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Shouguang Fukang Pharmaceutical Main Business and Markets Served
7.3.5 Shouguang Fukang Pharmaceutical Recent Developments/Updates
7.4 Vistin Pharma
7.4.1 Vistin Pharma Metformin Hydrochloride Company Information
7.4.2 Vistin Pharma Metformin Hydrochloride Product Portfolio
7.4.3 Vistin Pharma Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Vistin Pharma Main Business and Markets Served
7.4.5 Vistin Pharma Recent Developments/Updates
7.5 CR Double-Crane
7.5.1 CR Double-Crane Metformin Hydrochloride Company Information
7.5.2 CR Double-Crane Metformin Hydrochloride Product Portfolio
7.5.3 CR Double-Crane Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.5.4 CR Double-Crane Main Business and Markets Served
7.5.5 CR Double-Crane Recent Developments/Updates
7.6 Keyuan Pharmaceutical
7.6.1 Keyuan Pharmaceutical Metformin Hydrochloride Company Information
7.6.2 Keyuan Pharmaceutical Metformin Hydrochloride Product Portfolio
7.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Keyuan Pharmaceutical Main Business and Markets Served
7.6.5 Keyuan Pharmaceutical Recent Developments/Updates
7.7 Farmhispania Group
7.7.1 Farmhispania Group Metformin Hydrochloride Company Information
7.7.2 Farmhispania Group Metformin Hydrochloride Product Portfolio
7.7.3 Farmhispania Group Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Farmhispania Group Main Business and Markets Served
7.7.5 Farmhispania Group Recent Developments/Updates
7.8 Harman Finochem
7.8.1 Harman Finochem Metformin Hydrochloride Company Information
7.8.2 Harman Finochem Metformin Hydrochloride Product Portfolio
7.8.3 Harman Finochem Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Harman Finochem Main Business and Markets Served
7.8.5 Harman Finochem Recent Developments/Updates
7.9 Shijiazhuang Polee Pharmaceutical
7.9.1 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Company Information
7.9.2 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product Portfolio
7.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Shijiazhuang Polee Pharmaceutical Main Business and Markets Served
7.9.5 Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
7.10 Aarti Drugs
7.10.1 Aarti Drugs Metformin Hydrochloride Company Information
7.10.2 Aarti Drugs Metformin Hydrochloride Product Portfolio
7.10.3 Aarti Drugs Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Aarti Drugs Main Business and Markets Served
7.10.5 Aarti Drugs Recent Developments/Updates
7.11 Exemed Pharmaceuticals
7.11.1 Exemed Pharmaceuticals Metformin Hydrochloride Company Information
7.11.2 Exemed Pharmaceuticals Metformin Hydrochloride Product Portfolio
7.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Exemed Pharmaceuticals Main Business and Markets Served
7.11.5 Exemed Pharmaceuticals Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Metformin Hydrochloride Industry Chain Analysis
8.2 Metformin Hydrochloride Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Metformin Hydrochloride Production Mode & Process
8.4 Metformin Hydrochloride Sales and Marketing
8.4.1 Metformin Hydrochloride Sales Channels
8.4.2 Metformin Hydrochloride Distributors
8.5 Metformin Hydrochloride Customers
9 Metformin Hydrochloride Market Dynamics
9.1 Metformin Hydrochloride Industry Trends
9.2 Metformin Hydrochloride Market Drivers
9.3 Metformin Hydrochloride Market Challenges
9.4 Metformin Hydrochloride Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
Table 1. Global Metformin Hydrochloride Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Metformin Hydrochloride Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Metformin Hydrochloride Production Capacity (MT) by Manufacturers in 2023
Table 4. Global Metformin Hydrochloride Production by Manufacturers (2019-2024) & (MT)
Table 5. Global Metformin Hydrochloride Production Market Share by Manufacturers (2019-2024)
Table 6. Global Metformin Hydrochloride Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 7. Global Metformin Hydrochloride Production Value Share by Manufacturers (2019-2024)
Table 8. Global Key Players of Metformin Hydrochloride, Industry Ranking, 2022 VS 2023
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Metformin Hydrochloride as of 2023)
Table 10. Global Market Metformin Hydrochloride Average Price by Manufacturers (US$/MT) & (2019-2024)
Table 11. Global Key Manufacturers of Metformin Hydrochloride, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Metformin Hydrochloride, Product Offered and Application
Table 13. Global Key Manufacturers of Metformin Hydrochloride, Date of Enter into This Industry
Table 14. Global Metformin Hydrochloride Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Metformin Hydrochloride Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 17. Global Metformin Hydrochloride Production Value (US$ Million) by Region (2019-2024)
Table 18. Global Metformin Hydrochloride Production Value Market Share by Region (2019-2024)
Table 19. Global Metformin Hydrochloride Production Value (US$ Million) Forecast by Region (2025-2030)
Table 20. Global Metformin Hydrochloride Production Value Market Share Forecast by Region (2025-2030)
Table 21. Global Metformin Hydrochloride Production Comparison by Region: 2019 VS 2023 VS 2030 (MT)
Table 22. Global Metformin Hydrochloride Production (MT) by Region (2019-2024)
Table 23. Global Metformin Hydrochloride Production Market Share by Region (2019-2024)
Table 24. Global Metformin Hydrochloride Production (MT) Forecast by Region (2025-2030)
Table 25. Global Metformin Hydrochloride Production Market Share Forecast by Region (2025-2030)
Table 26. Global Metformin Hydrochloride Market Average Price (US$/MT) by Region (2019-2024)
Table 27. Global Metformin Hydrochloride Market Average Price (US$/MT) by Region (2025-2030)
Table 28. Global Metformin Hydrochloride Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (MT)
Table 29. Global Metformin Hydrochloride Consumption by Region (2019-2024) & (MT)
Table 30. Global Metformin Hydrochloride Consumption Market Share by Region (2019-2024)
Table 31. Global Metformin Hydrochloride Forecasted Consumption by Region (2025-2030) & (MT)
Table 32. Global Metformin Hydrochloride Forecasted Consumption Market Share by Region (2019-2024)
Table 33. North America Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
Table 34. North America Metformin Hydrochloride Consumption by Country (2019-2024) & (MT)
Table 35. North America Metformin Hydrochloride Consumption by Country (2025-2030) & (MT)
Table 36. Europe Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
Table 37. Europe Metformin Hydrochloride Consumption by Country (2019-2024) & (MT)
Table 38. Europe Metformin Hydrochloride Consumption by Country (2025-2030) & (MT)
Table 39. Asia Pacific Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
Table 40. Asia Pacific Metformin Hydrochloride Consumption by Region (2019-2024) & (MT)
Table 41. Asia Pacific Metformin Hydrochloride Consumption by Region (2025-2030) & (MT)
Table 42. Latin America, Middle East & Africa Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (MT)
Table 43. Latin America, Middle East & Africa Metformin Hydrochloride Consumption by Country (2019-2024) & (MT)
Table 44. Latin America, Middle East & Africa Metformin Hydrochloride Consumption by Country (2025-2030) & (MT)
Table 45. Global Metformin Hydrochloride Production (MT) by Type (2019-2024)
Table 46. Global Metformin Hydrochloride Production (MT) by Type (2025-2030)
Table 47. Global Metformin Hydrochloride Production Market Share by Type (2019-2024)
Table 48. Global Metformin Hydrochloride Production Market Share by Type (2025-2030)
Table 49. Global Metformin Hydrochloride Production Value (US$ Million) by Type (2019-2024)
Table 50. Global Metformin Hydrochloride Production Value (US$ Million) by Type (2025-2030)
Table 51. Global Metformin Hydrochloride Production Value Market Share by Type (2019-2024)
Table 52. Global Metformin Hydrochloride Production Value Market Share by Type (2025-2030)
Table 53. Global Metformin Hydrochloride Price (US$/MT) by Type (2019-2024)
Table 54. Global Metformin Hydrochloride Price (US$/MT) by Type (2025-2030)
Table 55. Global Metformin Hydrochloride Production (MT) by Application (2019-2024)
Table 56. Global Metformin Hydrochloride Production (MT) by Application (2025-2030)
Table 57. Global Metformin Hydrochloride Production Market Share by Application (2019-2024)
Table 58. Global Metformin Hydrochloride Production Market Share by Application (2025-2030)
Table 59. Global Metformin Hydrochloride Production Value (US$ Million) by Application (2019-2024)
Table 60. Global Metformin Hydrochloride Production Value (US$ Million) by Application (2025-2030)
Table 61. Global Metformin Hydrochloride Production Value Market Share by Application (2019-2024)
Table 62. Global Metformin Hydrochloride Production Value Market Share by Application (2025-2030)
Table 63. Global Metformin Hydrochloride Price (US$/MT) by Application (2019-2024)
Table 64. Global Metformin Hydrochloride Price (US$/MT) by Application (2025-2030)
Table 65. Wanbury Metformin Hydrochloride Company Information
Table 66. Wanbury Metformin Hydrochloride Specification and Application
Table 67. Wanbury Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 68. Wanbury Main Business and Markets Served
Table 69. Wanbury Recent Developments/Updates
Table 70. USV Metformin Hydrochloride Company Information
Table 71. USV Metformin Hydrochloride Specification and Application
Table 72. USV Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 73. USV Main Business and Markets Served
Table 74. USV Recent Developments/Updates
Table 75. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Company Information
Table 76. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Specification and Application
Table 77. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 78. Shouguang Fukang Pharmaceutical Main Business and Markets Served
Table 79. Shouguang Fukang Pharmaceutical Recent Developments/Updates
Table 80. Vistin Pharma Metformin Hydrochloride Company Information
Table 81. Vistin Pharma Metformin Hydrochloride Specification and Application
Table 82. Vistin Pharma Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 83. Vistin Pharma Main Business and Markets Served
Table 84. Vistin Pharma Recent Developments/Updates
Table 85. CR Double-Crane Metformin Hydrochloride Company Information
Table 86. CR Double-Crane Metformin Hydrochloride Specification and Application
Table 87. CR Double-Crane Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 88. CR Double-Crane Main Business and Markets Served
Table 89. CR Double-Crane Recent Developments/Updates
Table 90. Keyuan Pharmaceutical Metformin Hydrochloride Company Information
Table 91. Keyuan Pharmaceutical Metformin Hydrochloride Specification and Application
Table 92. Keyuan Pharmaceutical Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 93. Keyuan Pharmaceutical Main Business and Markets Served
Table 94. Keyuan Pharmaceutical Recent Developments/Updates
Table 95. Farmhispania Group Metformin Hydrochloride Company Information
Table 96. Farmhispania Group Metformin Hydrochloride Specification and Application
Table 97. Farmhispania Group Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 98. Farmhispania Group Main Business and Markets Served
Table 99. Farmhispania Group Recent Developments/Updates
Table 100. Harman Finochem Metformin Hydrochloride Company Information
Table 101. Harman Finochem Metformin Hydrochloride Specification and Application
Table 102. Harman Finochem Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 103. Harman Finochem Main Business and Markets Served
Table 104. Harman Finochem Recent Developments/Updates
Table 105. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Company Information
Table 106. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Specification and Application
Table 107. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 108. Shijiazhuang Polee Pharmaceutical Main Business and Markets Served
Table 109. Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
Table 110. Aarti Drugs Metformin Hydrochloride Company Information
Table 111. Aarti Drugs Metformin Hydrochloride Specification and Application
Table 112. Aarti Drugs Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 113. Aarti Drugs Main Business and Markets Served
Table 114. Aarti Drugs Recent Developments/Updates
Table 115. Exemed Pharmaceuticals Metformin Hydrochloride Company Information
Table 116. Exemed Pharmaceuticals Metformin Hydrochloride Specification and Application
Table 117. Exemed Pharmaceuticals Metformin Hydrochloride Production (MT), Value (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
Table 118. Exemed Pharmaceuticals Main Business and Markets Served
Table 119. Exemed Pharmaceuticals Recent Developments/Updates
Table 120. Key Raw Materials Lists
Table 121. Raw Materials Key Suppliers Lists
Table 122. Metformin Hydrochloride Distributors List
Table 123. Metformin Hydrochloride Customers List
Table 124. Metformin Hydrochloride Market Trends
Table 125. Metformin Hydrochloride Market Drivers
Table 126. Metformin Hydrochloride Market Challenges
Table 127. Metformin Hydrochloride Market Restraints
Table 128. Research Programs/Design for This Report
Table 129. Key Data Information from Secondary Sources
Table 130. Key Data Information from Primary Sources
Table 131. Authors List of This Report
List of Figures
Figure 1. Product Picture of Metformin Hydrochloride
Figure 2. Global Metformin Hydrochloride Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Metformin Hydrochloride Market Share by Type: 2023 VS 2030
Figure 4. Metformin HCL Product Picture
Figure 5. Metformin DC Product Picture
Figure 6. Global Metformin Hydrochloride Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 7. Global Metformin Hydrochloride Market Share by Application: 2023 VS 2030
Figure 8. Metformin Hydrochloride Tablets
Figure 9. Metformin Hydrochloride Extended-Release Tablets
Figure 10. Others
Figure 11. Global Metformin Hydrochloride Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 12. Global Metformin Hydrochloride Production Value (US$ Million) & (2019-2030)
Figure 13. Global Metformin Hydrochloride Production Capacity (MT) & (2019-2030)
Figure 14. Global Metformin Hydrochloride Production (MT) & (2019-2030)
Figure 15. Global Metformin Hydrochloride Average Price (US$/MT) & (2019-2030)
Figure 16. Metformin Hydrochloride Report Years Considered
Figure 17. Metformin Hydrochloride Production Share by Manufacturers in 2023
Figure 18. Metformin Hydrochloride Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 19. The Global 5 and 10 Largest Players: Market Share by Metformin Hydrochloride Revenue in 2023
Figure 20. Global Metformin Hydrochloride Production Value by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 21. Global Metformin Hydrochloride Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 22. Global Metformin Hydrochloride Production Comparison by Region: 2019 VS 2023 VS 2030 (MT)
Figure 23. Global Metformin Hydrochloride Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 24. Europe Metformin Hydrochloride Production Value (US$ Million) Growth Rate (2019-2030)
Figure 25. China Metformin Hydrochloride Production Value (US$ Million) Growth Rate (2019-2030)
Figure 26. India Metformin Hydrochloride Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. Global Metformin Hydrochloride Consumption by Region: 2019 VS 2023 VS 2030 (MT)
Figure 28. Global Metformin Hydrochloride Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 29. North America Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 30. North America Metformin Hydrochloride Consumption Market Share by Country (2019-2030)
Figure 31. U.S. Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 32. Canada Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 33. Europe Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 34. Europe Metformin Hydrochloride Consumption Market Share by Country (2019-2030)
Figure 35. Germany Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 36. France Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 37. U.K. Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 38. Italy Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 39. Russia Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 40. Asia Pacific Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 41. Asia Pacific Metformin Hydrochloride Consumption Market Share by Region (2025-2030)
Figure 42. China Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 43. Japan Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 44. South Korea Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 45. China Taiwan Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 46. Southeast Asia Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 47. India Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 48. Latin America, Middle East & Africa Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 49. Latin America, Middle East & Africa Metformin Hydrochloride Consumption Market Share by Country (2019-2030)
Figure 50. Mexico Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 51. Brazil Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 52. Turkey Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 53. GCC Countries Metformin Hydrochloride Consumption and Growth Rate (2019-2030) & (MT)
Figure 54. Global Production Market Share of Metformin Hydrochloride by Type (2019-2030)
Figure 55. Global Production Value Market Share of Metformin Hydrochloride by Type (2019-2030)
Figure 56. Global Metformin Hydrochloride Price (US$/MT) by Type (2019-2030)
Figure 57. Global Production Market Share of Metformin Hydrochloride by Application (2019-2030)
Figure 58. Global Production Value Market Share of Metformin Hydrochloride by Application (2019-2030)
Figure 59. Global Metformin Hydrochloride Price (US$/MT) by Application (2019-2030)
Figure 60. Metformin Hydrochloride Value Chain
Figure 61. Metformin Hydrochloride Production Process
Figure 62. Channels of Distribution (Direct Vs Distribution)
Figure 63. Bottom-up and Top-down Approaches for This Report
Figure 64. Data Triangulation
Description
Metformin hydrochloride is the raw material of finished product metformin hydrochloride drugs. That is the API metformin hydrochloride. Metformin Hydrochloride finished product is an oral antihyperglycemic drug used in the management of type 2-diabetes. Metformin hydrochloride (N, N-dimethylimidodicarbonimidic diamide hydrochloride) is not chemically or pharmacologically related to any other classes of oral antihyperglycemic agents. Metformin hydrochloride is a white to off-white crystalline compound with a molecular formula of C4H11N5·HCL and a molecular weight of 165.63. Metformin hydrochloride is freely soluble in water and is practically insoluble in acetone, ether and chloroform. In this report, our statistics is given by metformin hydrochloride API. The global Metformin Hydrochloride market was valued at US$ 392 million in 2023 and is anticipated to reach US$ 565 million by 2030, witnessing a CAGR of 5.4% during the forecast period 2024-2030.
The global key manufacturers of Metformin Hydrochloride include Keyuan Pharmaceutical, Aarti Drugs and Shijiazhuang Polee, etc, top 3 manufacturers hold a share approximately 36%. Keyuan Pharmaceutical is the world's largest Metformin Hydrochloride manufacturer, with a market share of more than 14%. India, China and Europe are the major Metformin Hydrochloride market, they have a market share of more than 68%. India is the largest market with a share of 46%. In terms of product type, Metformin HCL is the largest market segment with a share of more than 82%. In terms of applications, Metformin Hydrochloride Tablets is the largest downstream segment, with a market share of about 72%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Metformin Hydrochloride, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Metformin Hydrochloride.
The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of output/shipments (MT) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Metformin Hydrochloride market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Metformin Hydrochloride manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Metformin Hydrochloride by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Metformin Hydrochloride in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
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English
Simon Lee
English
Hitesh
Chinese
Damon
Japanese
Tang Xin
Korean
Sung-Bin Yoon
Competition
Key players, new entrants,acquisitions, mergers and expansions,development trends and challenges.
Industry Analysis
Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.
Market Size
Capacity, production, sales, revenue, price, cost etc.
Customized Information
We can offer customized survey and information to meet ourclient's need.
Fastest report delivery service
More than 18 years of vast experience
Operation for 24 * 7 & 365 days
In-depth and comprehensive analysis
Professional and timely after-sales service
Owns large database
Add to Cart
Buy Now