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Metformin Hydrochloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Metformin Hydrochloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Chemical & Material

Published: 2024-07-22

Pages: 112 Pages

Report ld: 3148013

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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 market for Metformin Hydrochloride was estimated to be worth US$ 392 million in 2023 and is forecast to a readjusted size of US$ 565 million by 2030 with a CAGR of 5.4% during the forecast period 2024-2030.

Metformin Hydrochloride Market Size

M= millions and B=billions

QYRLogo
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%.

This report aims to provide a comprehensive presentation of the global market for Metformin Hydrochloride, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Metformin Hydrochloride by region & country, by Type, and by Application.

The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.

Market Segmentation
  • Report Metric

  • Details

  • Report Title

  • Metformin Hydrochloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

  • 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, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Metformin Hydrochloride in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Metformin Hydrochloride in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
 1 Market Overview
1.1 Metformin Hydrochloride Product Introduction
1.2 Global Metformin Hydrochloride Market Size Forecast
1.2.1 Global Metformin Hydrochloride Sales Value (2019-2030)
1.2.2 Global Metformin Hydrochloride Sales Volume (2019-2030)
1.2.3 Global Metformin Hydrochloride Sales Price (2019-2030)
1.3 Metformin Hydrochloride Market Trends & Drivers
1.3.1 Metformin Hydrochloride Industry Trends
1.3.2 Metformin Hydrochloride Market Drivers & Opportunity
1.3.3 Metformin Hydrochloride Market Challenges
1.3.4 Metformin Hydrochloride Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered

 2 Competitive Analysis by Company
2.1 Global Metformin Hydrochloride Players Revenue Ranking (2023)
2.2 Global Metformin Hydrochloride Revenue by Company (2019-2024)
2.3 Global Metformin Hydrochloride Players Sales Volume Ranking (2023)
2.4 Global Metformin Hydrochloride Sales Volume by Company Players (2019-2024)
2.5 Global Metformin Hydrochloride Average Price by Company (2019-2024)
2.6 Key Manufacturers Metformin Hydrochloride Manufacturing Base and Headquarters
2.7 Key Manufacturers Metformin Hydrochloride Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Metformin Hydrochloride
2.9 Metformin Hydrochloride Market Competitive Analysis
2.9.1 Metformin Hydrochloride Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Metformin Hydrochloride Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Metformin Hydrochloride as of 2023)
2.10 Mergers & Acquisitions, Expansion

 3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Metformin HCL
3.1.2 Metformin DC
3.2 Global Metformin Hydrochloride Sales Value by Type
3.2.1 Global Metformin Hydrochloride Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Metformin Hydrochloride Sales Value, by Type (2019-2030)
3.2.3 Global Metformin Hydrochloride Sales Value, by Type (%) (2019-2030)
3.3 Global Metformin Hydrochloride Sales Volume by Type
3.3.1 Global Metformin Hydrochloride Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Metformin Hydrochloride Sales Volume, by Type (2019-2030)
3.3.3 Global Metformin Hydrochloride Sales Volume, by Type (%) (2019-2030)
3.4 Global Metformin Hydrochloride Average Price by Type (2019-2030)

 4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Metformin Hydrochloride Tablets
4.1.2 Metformin Hydrochloride Extended-Release Tablets
4.1.3 Others
4.2 Global Metformin Hydrochloride Sales Value by Application
4.2.1 Global Metformin Hydrochloride Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Metformin Hydrochloride Sales Value, by Application (2019-2030)
4.2.3 Global Metformin Hydrochloride Sales Value, by Application (%) (2019-2030)
4.3 Global Metformin Hydrochloride Sales Volume by Application
4.3.1 Global Metformin Hydrochloride Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Metformin Hydrochloride Sales Volume, by Application (2019-2030)
4.3.3 Global Metformin Hydrochloride Sales Volume, by Application (%) (2019-2030)
4.4 Global Metformin Hydrochloride Average Price by Application (2019-2030)

 5 Segmentation by Region
5.1 Global Metformin Hydrochloride Sales Value by Region
5.1.1 Global Metformin Hydrochloride Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Metformin Hydrochloride Sales Value by Region (2019-2024)
5.1.3 Global Metformin Hydrochloride Sales Value by Region (2025-2030)
5.1.4 Global Metformin Hydrochloride Sales Value by Region (%), (2019-2030)
5.2 Global Metformin Hydrochloride Sales Volume by Region
5.2.1 Global Metformin Hydrochloride Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Metformin Hydrochloride Sales Volume by Region (2019-2024)
5.2.3 Global Metformin Hydrochloride Sales Volume by Region (2025-2030)
5.2.4 Global Metformin Hydrochloride Sales Volume by Region (%), (2019-2030)
5.3 Global Metformin Hydrochloride Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Metformin Hydrochloride Sales Value, 2019-2030
5.4.2 North America Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Metformin Hydrochloride Sales Value, 2019-2030
5.5.2 Europe Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Metformin Hydrochloride Sales Value, 2019-2030
5.6.2 Asia Pacific Metformin Hydrochloride Sales Value by Region (%), 2023 VS 2030
5.7 South America
5.7.1 South America Metformin Hydrochloride Sales Value, 2019-2030
5.7.2 South America Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Metformin Hydrochloride Sales Value, 2019-2030
5.8.2 Middle East & Africa Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030

 6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Metformin Hydrochloride Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Metformin Hydrochloride Sales Value
6.2.1 Key Countries/Regions Metformin Hydrochloride Sales Value, 2019-2030
6.2.2 Key Countries/Regions Metformin Hydrochloride Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Metformin Hydrochloride Sales Value, 2019-2030
6.3.2 United States Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Metformin Hydrochloride Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Metformin Hydrochloride Sales Value, 2019-2030
6.4.2 Europe Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Metformin Hydrochloride Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Metformin Hydrochloride Sales Value, 2019-2030
6.5.2 China Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.5.3 China Metformin Hydrochloride Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Metformin Hydrochloride Sales Value, 2019-2030
6.6.2 Japan Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Metformin Hydrochloride Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Metformin Hydrochloride Sales Value, 2019-2030
6.7.2 South Korea Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Metformin Hydrochloride Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Metformin Hydrochloride Sales Value, 2019-2030
6.8.2 Southeast Asia Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Metformin Hydrochloride Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Metformin Hydrochloride Sales Value, 2019-2030
6.9.2 India Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
6.9.3 India Metformin Hydrochloride Sales Value by Application, 2023 VS 2030

 7 Company Profiles
7.1 Wanbury
7.1.1 Wanbury Company Information
7.1.2 Wanbury Introduction and Business Overview
7.1.3 Wanbury Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.1.4 Wanbury Metformin Hydrochloride Product Offerings
7.1.5 Wanbury Recent Development
7.2 USV
7.2.1 USV Company Information
7.2.2 USV Introduction and Business Overview
7.2.3 USV Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.2.4 USV Metformin Hydrochloride Product Offerings
7.2.5 USV Recent Development
7.3 Shouguang Fukang Pharmaceutical
7.3.1 Shouguang Fukang Pharmaceutical Company Information
7.3.2 Shouguang Fukang Pharmaceutical Introduction and Business Overview
7.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product Offerings
7.3.5 Shouguang Fukang Pharmaceutical Recent Development
7.4 Vistin Pharma
7.4.1 Vistin Pharma Company Information
7.4.2 Vistin Pharma Introduction and Business Overview
7.4.3 Vistin Pharma Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.4.4 Vistin Pharma Metformin Hydrochloride Product Offerings
7.4.5 Vistin Pharma Recent Development
7.5 CR Double-Crane
7.5.1 CR Double-Crane Company Information
7.5.2 CR Double-Crane Introduction and Business Overview
7.5.3 CR Double-Crane Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.5.4 CR Double-Crane Metformin Hydrochloride Product Offerings
7.5.5 CR Double-Crane Recent Development
7.6 Keyuan Pharmaceutical
7.6.1 Keyuan Pharmaceutical Company Information
7.6.2 Keyuan Pharmaceutical Introduction and Business Overview
7.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Product Offerings
7.6.5 Keyuan Pharmaceutical Recent Development
7.7 Farmhispania Group
7.7.1 Farmhispania Group Company Information
7.7.2 Farmhispania Group Introduction and Business Overview
7.7.3 Farmhispania Group Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.7.4 Farmhispania Group Metformin Hydrochloride Product Offerings
7.7.5 Farmhispania Group Recent Development
7.8 Harman Finochem
7.8.1 Harman Finochem Company Information
7.8.2 Harman Finochem Introduction and Business Overview
7.8.3 Harman Finochem Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.8.4 Harman Finochem Metformin Hydrochloride Product Offerings
7.8.5 Harman Finochem Recent Development
7.9 Shijiazhuang Polee Pharmaceutical
7.9.1 Shijiazhuang Polee Pharmaceutical Company Information
7.9.2 Shijiazhuang Polee Pharmaceutical Introduction and Business Overview
7.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product Offerings
7.9.5 Shijiazhuang Polee Pharmaceutical Recent Development
7.10 Aarti Drugs
7.10.1 Aarti Drugs Company Information
7.10.2 Aarti Drugs Introduction and Business Overview
7.10.3 Aarti Drugs Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.10.4 Aarti Drugs Metformin Hydrochloride Product Offerings
7.10.5 Aarti Drugs Recent Development
7.11 Exemed Pharmaceuticals
7.11.1 Exemed Pharmaceuticals Company Information
7.11.2 Exemed Pharmaceuticals Introduction and Business Overview
7.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Sales, Revenue, Price and Gross Margin (2019-2024)
7.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Product Offerings
7.11.5 Exemed Pharmaceuticals Recent Development

 8 Industry Chain Analysis
8.1 Metformin Hydrochloride Industrial Chain
8.2 Metformin Hydrochloride Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Metformin Hydrochloride Sales Model
8.5.2 Sales Channel
8.5.3 Metformin Hydrochloride Distributors

 9 Research Findings and Conclusion

 10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
List of Tables
 Table 1. Metformin Hydrochloride Market Trends
 Table 2. Metformin Hydrochloride Market Drivers & Opportunity
 Table 3. Metformin Hydrochloride Market Challenges
 Table 4. Metformin Hydrochloride Market Restraints
 Table 5. Global Metformin Hydrochloride Revenue by Company (2019-2024) & (US$ Million)
 Table 6. Global Metformin Hydrochloride Revenue Market Share by Company (2019-2024)
 Table 7. Global Metformin Hydrochloride Sales Volume by Company (2019-2024) & (MT)
 Table 8. Global Metformin Hydrochloride Sales Volume Market Share by Company (2019-2024)
 Table 9. Global Market Metformin Hydrochloride Price by Company (2019-2024) & (US$/MT)
 Table 10. Key Manufacturers Metformin Hydrochloride Manufacturing Base and Headquarters
 Table 11. Key Manufacturers Metformin Hydrochloride Product Type
 Table 12. Key Manufacturers Time to Begin Mass Production of Metformin Hydrochloride
 Table 13. Global Metformin Hydrochloride Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Metformin Hydrochloride as of 2023)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Metformin Hydrochloride Sales Value by Type: 2019 VS 2023 VS 2030 (US$ Million)
 Table 17. Global Metformin Hydrochloride Sales Value by Type (2019-2024) & (US$ Million)
 Table 18. Global Metformin Hydrochloride Sales Value by Type (2025-2030) & (US$ Million)
 Table 19. Global Metformin Hydrochloride Sales Market Share in Value by Type (2019-2024)
 Table 20. Global Metformin Hydrochloride Sales Market Share in Value by Type (2025-2030)
 Table 21. Global Metformin Hydrochloride Sales Volume by Type: 2019 VS 2023 VS 2030 (MT)
 Table 22. Global Metformin Hydrochloride Sales Volume by Type (2019-2024) & (MT)
 Table 23. Global Metformin Hydrochloride Sales Volume by Type (2025-2030) & (MT)
 Table 24. Global Metformin Hydrochloride Sales Market Share in Volume by Type (2019-2024)
 Table 25. Global Metformin Hydrochloride Sales Market Share in Volume by Type (2025-2030)
 Table 26. Global Metformin Hydrochloride Price by Type (2019-2024) & (US$/MT)
 Table 27. Global Metformin Hydrochloride Price by Type (2025-2030) & (US$/MT)
 Table 28. Global Metformin Hydrochloride Sales Value by Application: 2019 VS 2023 VS 2030 (US$ Million)
 Table 29. Global Metformin Hydrochloride Sales Value by Application (2019-2024) & (US$ Million)
 Table 30. Global Metformin Hydrochloride Sales Value by Application (2025-2030) & (US$ Million)
 Table 31. Global Metformin Hydrochloride Sales Market Share in Value by Application (2019-2024)
 Table 32. Global Metformin Hydrochloride Sales Market Share in Value by Application (2025-2030)
 Table 33. Global Metformin Hydrochloride Sales Volume by Application: 2019 VS 2023 VS 2030 (MT)
 Table 34. Global Metformin Hydrochloride Sales Volume by Application (2019-2024) & (MT)
 Table 35. Global Metformin Hydrochloride Sales Volume by Application (2025-2030) & (MT)
 Table 36. Global Metformin Hydrochloride Sales Market Share in Volume by Application (2019-2024)
 Table 37. Global Metformin Hydrochloride Sales Market Share in Volume by Application (2025-2030)
 Table 38. Global Metformin Hydrochloride Price by Application (2019-2024) & (US$/MT)
 Table 39. Global Metformin Hydrochloride Price by Application (2025-2030) & (US$/MT)
 Table 40. Global Metformin Hydrochloride Sales Value by Region, (2019 VS 2023 VS 2030) & (US$ Million)
 Table 41. Global Metformin Hydrochloride Sales Value by Region (2019-2024) & (US$ Million)
 Table 42. Global Metformin Hydrochloride Sales Value by Region (2025-2030) & (US$ Million)
 Table 43. Global Metformin Hydrochloride Sales Value by Region (2019-2024) & (%)
 Table 44. Global Metformin Hydrochloride Sales Value by Region (2025-2030) & (%)
 Table 45. Global Metformin Hydrochloride Sales Volume by Region (MT): 2019 VS 2023 VS 2030
 Table 46. Global Metformin Hydrochloride Sales Volume by Region (2019-2024) & (MT)
 Table 47. Global Metformin Hydrochloride Sales Volume by Region (2025-2030) & (MT)
 Table 48. Global Metformin Hydrochloride Sales Volume by Region (2019-2024) & (%)
 Table 49. Global Metformin Hydrochloride Sales Volume by Region (2025-2030) & (%)
 Table 50. Global Metformin Hydrochloride Average Price by Region (2019-2024) & (US$/MT)
 Table 51. Global Metformin Hydrochloride Average Price by Region (2025-2030) & (US$/MT)
 Table 52. Key Countries/Regions Metformin Hydrochloride Sales Value Growth Trends, (US$ Million): 2019 VS 2023 VS 2030
 Table 53. Key Countries/Regions Metformin Hydrochloride Sales Value, (2019-2024) & (US$ Million)
 Table 54. Key Countries/Regions Metformin Hydrochloride Sales Value, (2025-2030) & (US$ Million)
 Table 55. Key Countries/Regions Metformin Hydrochloride Sales Volume, (2019-2024) & (MT)
 Table 56. Key Countries/Regions Metformin Hydrochloride Sales Volume, (2025-2030) & (MT)
 Table 57. Wanbury Company Information
 Table 58. Wanbury Introduction and Business Overview
 Table 59. Wanbury Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 60. Wanbury Metformin Hydrochloride Product Offerings
 Table 61. Wanbury Recent Development
 Table 62. USV Company Information
 Table 63. USV Introduction and Business Overview
 Table 64. USV Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 65. USV Metformin Hydrochloride Product Offerings
 Table 66. USV Recent Development
 Table 67. Shouguang Fukang Pharmaceutical Company Information
 Table 68. Shouguang Fukang Pharmaceutical Introduction and Business Overview
 Table 69. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 70. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product Offerings
 Table 71. Shouguang Fukang Pharmaceutical Recent Development
 Table 72. Vistin Pharma Company Information
 Table 73. Vistin Pharma Introduction and Business Overview
 Table 74. Vistin Pharma Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 75. Vistin Pharma Metformin Hydrochloride Product Offerings
 Table 76. Vistin Pharma Recent Development
 Table 77. CR Double-Crane Company Information
 Table 78. CR Double-Crane Introduction and Business Overview
 Table 79. CR Double-Crane Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 80. CR Double-Crane Metformin Hydrochloride Product Offerings
 Table 81. CR Double-Crane Recent Development
 Table 82. Keyuan Pharmaceutical Company Information
 Table 83. Keyuan Pharmaceutical Introduction and Business Overview
 Table 84. Keyuan Pharmaceutical Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 85. Keyuan Pharmaceutical Metformin Hydrochloride Product Offerings
 Table 86. Keyuan Pharmaceutical Recent Development
 Table 87. Farmhispania Group Company Information
 Table 88. Farmhispania Group Introduction and Business Overview
 Table 89. Farmhispania Group Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 90. Farmhispania Group Metformin Hydrochloride Product Offerings
 Table 91. Farmhispania Group Recent Development
 Table 92. Harman Finochem Company Information
 Table 93. Harman Finochem Introduction and Business Overview
 Table 94. Harman Finochem Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 95. Harman Finochem Metformin Hydrochloride Product Offerings
 Table 96. Harman Finochem Recent Development
 Table 97. Shijiazhuang Polee Pharmaceutical Company Information
 Table 98. Shijiazhuang Polee Pharmaceutical Introduction and Business Overview
 Table 99. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 100. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product Offerings
 Table 101. Shijiazhuang Polee Pharmaceutical Recent Development
 Table 102. Aarti Drugs Company Information
 Table 103. Aarti Drugs Introduction and Business Overview
 Table 104. Aarti Drugs Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 105. Aarti Drugs Metformin Hydrochloride Product Offerings
 Table 106. Aarti Drugs Recent Development
 Table 107. Exemed Pharmaceuticals Company Information
 Table 108. Exemed Pharmaceuticals Introduction and Business Overview
 Table 109. Exemed Pharmaceuticals Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2019-2024)
 Table 110. Exemed Pharmaceuticals Metformin Hydrochloride Product Offerings
 Table 111. Exemed Pharmaceuticals Recent Development
 Table 112. Key Raw Materials Lists
 Table 113. Raw Materials Key Suppliers Lists
 Table 114. Metformin Hydrochloride Downstream Customers
 Table 115. Metformin Hydrochloride Distributors List
 Table 116. Research Programs/Design for This Report
 Table 117. Key Data Information from Secondary Sources
 Table 118. Key Data Information from Primary Sources


List of Figures
 Figure 1. Metformin Hydrochloride Product Picture
 Figure 2. Global Metformin Hydrochloride Sales Value, 2019 VS 2023 VS 2030 (US$ Million)
 Figure 3. Global Metformin Hydrochloride Sales Value (2019-2030) & (US$ Million)
 Figure 4. Global Metformin Hydrochloride Sales Volume (2019-2030) & (MT)
 Figure 5. Global Metformin Hydrochloride Sales Price (2019-2030) & (US$/MT)
 Figure 6. Metformin Hydrochloride Report Years Considered
 Figure 7. Global Metformin Hydrochloride Players Revenue Ranking (2023) & (US$ Million)
 Figure 8. Global Metformin Hydrochloride Players Sales Volume Ranking (2023) & (US$ Million)
 Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Metformin Hydrochloride Revenue in 2023
 Figure 10. Metformin Hydrochloride Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
 Figure 11. Metformin HCL Picture
 Figure 12. Metformin DC Picture
 Figure 13. Global Metformin Hydrochloride Sales Value by Type (2019 VS 2023 VS 2030) & (US$ Million)
 Figure 14. Global Metformin Hydrochloride Sales Value Market Share by Type, 2023 & 2030
 Figure 15. Global Metformin Hydrochloride Sales Volume by Type (2019 VS 2023 VS 2030) & (MT)
 Figure 16. Global Metformin Hydrochloride Sales Volume Market Share by Type, 2023 & 2030
 Figure 17. Global Metformin Hydrochloride Price by Type (2019-2030) & (US$/MT)
 Figure 18. Product Picture of Metformin Hydrochloride Tablets
 Figure 19. Product Picture of Metformin Hydrochloride Extended-Release Tablets
 Figure 20. Product Picture of Others
 Figure 21. Global Metformin Hydrochloride Sales Value by Application (2019 VS 2023 VS 2030) & (US$ Million)
 Figure 22. Global Metformin Hydrochloride Sales Value Market Share by Application, 2023 & 2030
 Figure 23. Global Metformin Hydrochloride Sales Volume by Application (2019 VS 2023 VS 2030) & (MT)
 Figure 24. Global Metformin Hydrochloride Sales Volume Market Share by Application, 2023 & 2030
 Figure 25. Global Metformin Hydrochloride Price by Application (2019-2030) & (US$/MT)
 Figure 26. North America Metformin Hydrochloride Sales Value (2019-2030) & (US$ Million)
 Figure 27. North America Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
 Figure 28. Europe Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 29. Europe Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
 Figure 30. Asia Pacific Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 31. Asia Pacific Metformin Hydrochloride Sales Value by Region (%), 2023 VS 2030
 Figure 32. South America Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 33. South America Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
 Figure 34. Middle East & Africa Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 35. Middle East & Africa Metformin Hydrochloride Sales Value by Country (%), 2023 VS 2030
 Figure 36. Key Countries/Regions Metformin Hydrochloride Sales Value (%), (2019-2030)
 Figure 37. Key Countries/Regions Metformin Hydrochloride Sales Volume (%), (2019-2030)
 Figure 38. United States Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 39. United States Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 40. United States Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 41. Europe Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 42. Europe Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 43. Europe Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 44. China Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 45. China Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 46. China Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 47. Japan Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 48. Japan Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 49. Japan Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 50. South Korea Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 51. South Korea Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 52. South Korea Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 53. Southeast Asia Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 54. Southeast Asia Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 55. Southeast Asia Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 56. India Metformin Hydrochloride Sales Value, (2019-2030) & (US$ Million)
 Figure 57. India Metformin Hydrochloride Sales Value by Type (%), 2023 VS 2030
 Figure 58. India Metformin Hydrochloride Sales Value by Application (%), 2023 VS 2030
 Figure 59. Metformin Hydrochloride Industrial Chain
 Figure 60. Metformin Hydrochloride Manufacturing Cost Structure
 Figure 61. Channels of Distribution (Direct Sales, and Distribution)
 Figure 62. Bottom-up and Top-down Approaches for This Report
 Figure 63. Data Triangulation
 Figure 64. Key Executives Interviewed
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 market for Metformin Hydrochloride was estimated to be worth US$ 392 million in 2023 and is forecast to a readjusted size of US$ 565 million by 2030 with 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%.

This report aims to provide a comprehensive presentation of the global market for Metformin Hydrochloride, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Metformin Hydrochloride by region & country, by Type, and by Application.

The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of sales volume (MT) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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.

Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides 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 2: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Metformin Hydrochloride in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Metformin Hydrochloride in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Metformin Hydrochloride- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030

Industry: Chemical & Material

Published: 2024-07-22

Pages: 112 Pages

Report ld: 3148013

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Hitesh

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Rawmaterial, application, product type, demand,supply,downstream, supply chain etc.

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