The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Metformin Hydrochloride Market Research Report 2024
Synopsis
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$ 375.2 million in 2023 and is anticipated to reach US$ 533.4 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.
China is the largest market with about 27% revenue market share.
The key players are Wanbury, USV, Exemed Pharmaceuticals, Vistin Pharma, Aarti Drugs, Farmhispania Group, Harman Finochem, Shijiazhuang Polee Pharmaceutical, Keyuan Pharmaceutical, CR Double-Crane, Shouguang Fukang Pharmaceutical etc. USV is the largest manufacturer with about 18% revenue market share. In terms of product type, Metformin HCL is the largest segment, occupied for a share of about 80%, and in terms of application, Metformin Hydrochloride Tablets has a share about 70 percent.
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.
Report Scope
The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of output/shipments (K 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
By Company
Wanbury
USV
Shouguang Fukang Pharmaceutical
Vistin Pharma
CR Double-Crane
Keyuan Pharmaceutical
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Aarti Drugs
Exemed Pharmaceuticals
Segment by Type
Metformin HCL
Metformin DC
Segment by Application
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others
Production by Region
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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.
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$ 375.2 million in 2023 and is anticipated to reach US$ 533.4 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.
China is the largest market with about 27% revenue market share.
The key players are Wanbury, USV, Exemed Pharmaceuticals, Vistin Pharma, Aarti Drugs, Farmhispania Group, Harman Finochem, Shijiazhuang Polee Pharmaceutical, Keyuan Pharmaceutical, CR Double-Crane, Shouguang Fukang Pharmaceutical etc. USV is the largest manufacturer with about 18% revenue market share. In terms of product type, Metformin HCL is the largest segment, occupied for a share of about 80%, and in terms of application, Metformin Hydrochloride Tablets has a share about 70 percent.
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.
Report Scope
The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of output/shipments (K 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
By Company
Wanbury
USV
Shouguang Fukang Pharmaceutical
Vistin Pharma
CR Double-Crane
Keyuan Pharmaceutical
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Aarti Drugs
Exemed Pharmaceuticals
Segment by Type
Metformin HCL
Metformin DC
Segment by Application
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others
Production by Region
Europe
China
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
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.
Index1 Metformin Hydrochloride Market Overview
1.1 Product Definition
1.2 Metformin Hydrochloride Segment 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 Segment 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 VS 2024
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 (2019-2024)
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 Region: 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
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 Corporation 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 Corporation 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 Corporation 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 Corporation 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 Corporation 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 Corporation 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 Corporation 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 Corporation 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
7.7.5 Harman Finochem Recent Developments/Updates
7.9 Shijiazhuang Polee Pharmaceutical
7.9.1 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Corporation 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 Corporation 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 Corporation 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 Finding 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
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Chemicals Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
