
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 is projected to reach US$ 533.4 million in 2029, increasing from US$ 375.2 million in 2022, with the CAGR of 5.6% during the period of 2023 to 2029.
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.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Metformin Hydrochloride market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
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
The Metformin Hydrochloride report covers below items:
Chapter 1: Product Basic Information (Definition, type and application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 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 2022 VS 2029
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: 2022 VS 2029
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 (2018-2029)
1.4.2 Global Metformin Hydrochloride Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Metformin Hydrochloride Production Estimates and Forecasts (2018-2029)
1.4.4 Global Metformin Hydrochloride Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Metformin Hydrochloride Production Market Share by Manufacturers (2018-2023)
2.2 Global Metformin Hydrochloride Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Metformin Hydrochloride, Industry Ranking, 2021 VS 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 (2018-2023)
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: 2018 VS 2022 VS 2029
3.2 Global Metformin Hydrochloride Production Value by Region (2018-2029)
3.2.1 Global Metformin Hydrochloride Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Metformin Hydrochloride by Region (2024-2029)
3.3 Global Metformin Hydrochloride Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Metformin Hydrochloride Production by Region (2018-2029)
3.4.1 Global Metformin Hydrochloride Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Metformin Hydrochloride by Region (2024-2029)
3.5 Global Metformin Hydrochloride Market Price Analysis by Region (2018-2023)
3.6 Global Metformin Hydrochloride Production and Value, Year-over-Year Growth
3.6.1 Europe Metformin Hydrochloride Production Value Estimates and Forecasts (2018-2029)
3.6.2 China Metformin Hydrochloride Production Value Estimates and Forecasts (2018-2029)
3.6.3 India Metformin Hydrochloride Production Value Estimates and Forecasts (2018-2029)
4 Metformin Hydrochloride Consumption by Region
4.1 Global Metformin Hydrochloride Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Metformin Hydrochloride Consumption by Region (2018-2029)
4.2.1 Global Metformin Hydrochloride Consumption by Region (2018-2023)
4.2.2 Global Metformin Hydrochloride Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Metformin Hydrochloride Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Metformin Hydrochloride Consumption by Country (2018-2029)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Metformin Hydrochloride Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Metformin Hydrochloride Consumption by Country (2018-2029)
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: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Metformin Hydrochloride Consumption by Region (2018-2029)
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: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Metformin Hydrochloride Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Metformin Hydrochloride Production by Type (2018-2029)
5.1.1 Global Metformin Hydrochloride Production by Type (2018-2023)
5.1.2 Global Metformin Hydrochloride Production by Type (2024-2029)
5.1.3 Global Metformin Hydrochloride Production Market Share by Type (2018-2029)
5.2 Global Metformin Hydrochloride Production Value by Type (2018-2029)
5.2.1 Global Metformin Hydrochloride Production Value by Type (2018-2023)
5.2.2 Global Metformin Hydrochloride Production Value by Type (2024-2029)
5.2.3 Global Metformin Hydrochloride Production Value Market Share by Type (2018-2029)
5.3 Global Metformin Hydrochloride Price by Type (2018-2029)
6 Segment by Application
6.1 Global Metformin Hydrochloride Production by Application (2018-2029)
6.1.1 Global Metformin Hydrochloride Production by Application (2018-2023)
6.1.2 Global Metformin Hydrochloride Production by Application (2024-2029)
6.1.3 Global Metformin Hydrochloride Production Market Share by Application (2018-2029)
6.2 Global Metformin Hydrochloride Production Value by Application (2018-2029)
6.2.1 Global Metformin Hydrochloride Production Value by Application (2018-2023)
6.2.2 Global Metformin Hydrochloride Production Value by Application (2024-2029)
6.2.3 Global Metformin Hydrochloride Production Value Market Share by Application (2018-2029)
6.3 Global Metformin Hydrochloride Price by Application (2018-2029)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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 (2018-2023)
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
Wanbury
USV
Shouguang Fukang Pharmaceutical
Vistin Pharma
CR Double-Crane
Keyuan Pharmaceutical
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Aarti Drugs
Exemed Pharmaceuticals
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*If Applicable.
