Metformin Hydrochloride Industry Research Report 2024

Metformin Hydrochloride Industry Research Report 2024


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.

Highlights

The global Metformin Hydrochloride market is projected to reach US$ million by 2030 from an estimated US$ million in 2024, at a CAGR of % during 2025 and 2030.
Asia-Pacific is the largest market with about 60% revenue market share. Followed by Europe, accounting for about 17% 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 26% revenue market share.

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 (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 types, by application, and by players, are also provided. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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, product type, application, and regions.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

Wanbury
USV
Exemed Pharmaceuticals
Vistin Pharma
Aarti Drugs
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Keyuan Pharmaceutical
CR Double-Crane
Shouguang Fukang Pharmaceutical

Product Type Insights

Global markets are presented by Metformin Hydrochloride type, along with growth forecasts through 2030. Estimates on production and value are based on the price in the supply chain at which the Metformin Hydrochloride are procured by the manufacturers.
This report has studied every segment and provided the market size using historical data. They have also talked about the growth opportunities that the segment may pose in the future. This study bestows production and revenue data by type, and during the historical period (2019-2024) and forecast period (2025-2030).
Metformin Hydrochloride segment by Type

Metformin HCL
Metformin DC
Others

Application Insights

This report has provided the market size (production and revenue data) by application, during the historical period (2019-2024) and forecast period (2025-2030).
This report also outlines the market trends of each segment and consumer behaviors impacting the Metformin Hydrochloride market and what implications these may have on the industry's future. This report can help to understand the relevant market and consumer trends that are driving the Metformin Hydrochloride market.
Metformin Hydrochloride segment by Application

Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others

Regional Outlook

This section of the report provides key insights regarding various regions and the key players operating in each region. Economic, social, environmental, technological, and political factors have been taken into consideration while assessing the growth of the particular region/country. The readers will also get their hands on the revenue and sales data of each region and country for the period 2019-2030.
The market has been segmented into various major geographies, including North America, Europe, Asia-Pacific, South America. Detailed analysis of major countries such as the USA, Germany, the U.K., Italy, France, China, Japan, South Korea, Southeast Asia, and India will be covered within the regional segment. For market estimates, data are going to be provided for 2023 because of the base year, with estimates for 2024 and forecast value for 2030.
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

COVID-19 and Russia-Ukraine War Influence Analysis

The readers in the section will understand how the Metformin Hydrochloride market scenario changed across the globe during the pandemic, post-pandemic and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come.

Reasons to Buy This Report

This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Metformin Hydrochloride market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
This report will help stakeholders to understand the global industry status and trends of Metformin Hydrochloride and provides them with information on key market drivers, restraints, challenges, and opportunities.
This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
This report stays updated with novel technology integration, features, and the latest developments in the market
This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Metformin Hydrochloride industry.
This report helps stakeholders to gain insights into which regions to target globally
This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Metformin Hydrochloride.
This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Core Chapters

Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, 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 3: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.


1 Preface
1.1 Scope of Report
1.2 Reasons for Doing This Study
1.3 Research Methodology
1.4 Research Process
1.5 Data Source
1.5.1 Secondary Sources
1.5.2 Primary Sources
2 Market Overview
2.1 Product Definition
2.2 Metformin Hydrochloride by Type
2.2.1 Market Value Comparison by Type (2019 VS 2023 VS 2030) & (US$ Million)
1.2.2 Metformin HCL
1.2.3 Metformin DC
1.2.4 Others
2.3 Metformin Hydrochloride by Application
2.3.1 Market Value Comparison by Application (2019 VS 2023 VS 2030) & (US$ Million)
2.3.2 Metformin Hydrochloride Tablets
2.3.3 Metformin Hydrochloride Extended-Release Tablets
2.3.4 Others
2.4 Global Market Growth Prospects
2.4.1 Global Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
2.4.2 Global Metformin Hydrochloride Production Capacity Estimates and Forecasts (2019-2030)
2.4.3 Global Metformin Hydrochloride Production Estimates and Forecasts (2019-2030)
2.4.4 Global Metformin Hydrochloride Market Average Price (2019-2030)
3 Market Competitive Landscape by Manufacturers
3.1 Global Metformin Hydrochloride Production by Manufacturers (2019-2024)
3.2 Global Metformin Hydrochloride Production Value by Manufacturers (2019-2024)
3.3 Global Metformin Hydrochloride Average Price by Manufacturers (2019-2024)
3.4 Global Metformin Hydrochloride Industry Manufacturers Ranking, 2022 VS 2023 VS 2024
3.5 Global Metformin Hydrochloride Key Manufacturers, Manufacturing Sites & Headquarters
3.6 Global Metformin Hydrochloride Manufacturers, Product Type & Application
3.7 Global Metformin Hydrochloride Manufacturers, Date of Enter into This Industry
3.8 Global Metformin Hydrochloride Market CR5 and HHI
3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
4.1 Wanbury
4.1.1 Wanbury Metformin Hydrochloride Company Information
4.1.2 Wanbury Metformin Hydrochloride Business Overview
4.1.3 Wanbury Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.1.4 Wanbury Product Portfolio
4.1.5 Wanbury Recent Developments
4.2 USV
4.2.1 USV Metformin Hydrochloride Company Information
4.2.2 USV Metformin Hydrochloride Business Overview
4.2.3 USV Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.2.4 USV Product Portfolio
4.2.5 USV Recent Developments
4.3 Exemed Pharmaceuticals
4.3.1 Exemed Pharmaceuticals Metformin Hydrochloride Company Information
4.3.2 Exemed Pharmaceuticals Metformin Hydrochloride Business Overview
4.3.3 Exemed Pharmaceuticals Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.3.4 Exemed Pharmaceuticals Product Portfolio
4.3.5 Exemed Pharmaceuticals Recent Developments
4.4 Vistin Pharma
4.4.1 Vistin Pharma Metformin Hydrochloride Company Information
4.4.2 Vistin Pharma Metformin Hydrochloride Business Overview
4.4.3 Vistin Pharma Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.4.4 Vistin Pharma Product Portfolio
4.4.5 Vistin Pharma Recent Developments
4.5 Aarti Drugs
4.5.1 Aarti Drugs Metformin Hydrochloride Company Information
4.5.2 Aarti Drugs Metformin Hydrochloride Business Overview
4.5.3 Aarti Drugs Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.5.4 Aarti Drugs Product Portfolio
4.5.5 Aarti Drugs Recent Developments
4.6 Farmhispania Group
4.6.1 Farmhispania Group Metformin Hydrochloride Company Information
4.6.2 Farmhispania Group Metformin Hydrochloride Business Overview
4.6.3 Farmhispania Group Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.6.4 Farmhispania Group Product Portfolio
4.6.5 Farmhispania Group Recent Developments
4.7 Harman Finochem
4.7.1 Harman Finochem Metformin Hydrochloride Company Information
4.7.2 Harman Finochem Metformin Hydrochloride Business Overview
4.7.3 Harman Finochem Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.7.4 Harman Finochem Product Portfolio
4.7.5 Harman Finochem Recent Developments
4.8 Shijiazhuang Polee Pharmaceutical
4.8.1 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Company Information
4.8.2 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Business Overview
4.8.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.8.4 Shijiazhuang Polee Pharmaceutical Product Portfolio
4.8.5 Shijiazhuang Polee Pharmaceutical Recent Developments
4.9 Keyuan Pharmaceutical
4.9.1 Keyuan Pharmaceutical Metformin Hydrochloride Company Information
4.9.2 Keyuan Pharmaceutical Metformin Hydrochloride Business Overview
4.9.3 Keyuan Pharmaceutical Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.9.4 Keyuan Pharmaceutical Product Portfolio
4.9.5 Keyuan Pharmaceutical Recent Developments
4.10 CR Double-Crane
4.10.1 CR Double-Crane Metformin Hydrochloride Company Information
4.10.2 CR Double-Crane Metformin Hydrochloride Business Overview
4.10.3 CR Double-Crane Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
4.10.4 CR Double-Crane Product Portfolio
4.10.5 CR Double-Crane Recent Developments
7.11 Shouguang Fukang Pharmaceutical
7.11.1 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Company Information
7.11.2 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Business Overview
4.11.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production Capacity, Value and Gross Margin (2019-2024)
7.11.4 Shouguang Fukang Pharmaceutical Product Portfolio
7.11.5 Shouguang Fukang Pharmaceutical Recent Developments
5 Global Metformin Hydrochloride Production by Region
5.1 Global Metformin Hydrochloride Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.2 Global Metformin Hydrochloride Production by Region: 2019-2030
5.2.1 Global Metformin Hydrochloride Production by Region: 2019-2024
5.2.2 Global Metformin Hydrochloride Production Forecast by Region (2025-2030)
5.3 Global Metformin Hydrochloride Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
5.4 Global Metformin Hydrochloride Production Value by Region: 2019-2030
5.4.1 Global Metformin Hydrochloride Production Value by Region: 2019-2024
5.4.2 Global Metformin Hydrochloride Production Value Forecast by Region (2025-2030)
5.5 Global Metformin Hydrochloride Market Price Analysis by Region (2019-2024)
5.6 Global Metformin Hydrochloride Production and Value, YOY Growth
5.6.1 Europe Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
5.6.2 China Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
5.6.3 India Metformin Hydrochloride Production Value Estimates and Forecasts (2019-2030)
6 Global Metformin Hydrochloride Consumption by Region
6.1 Global Metformin Hydrochloride Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
6.2 Global Metformin Hydrochloride Consumption by Region (2019-2030)
6.2.1 Global Metformin Hydrochloride Consumption by Region: 2019-2030
6.2.2 Global Metformin Hydrochloride Forecasted Consumption by Region (2025-2030)
6.3 North America
6.3.1 North America Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.3.2 North America Metformin Hydrochloride Consumption by Country (2019-2030)
6.3.3 U.S.
6.3.4 Canada
6.4 Europe
6.4.1 Europe Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.4.2 Europe Metformin Hydrochloride Consumption by Country (2019-2030)
6.4.3 Germany
6.4.4 France
6.4.5 U.K.
6.4.6 Italy
6.4.7 Russia
6.5 Asia Pacific
6.5.1 Asia Pacific Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.5.2 Asia Pacific Metformin Hydrochloride Consumption by Country (2019-2030)
6.5.3 China
6.5.4 Japan
6.5.5 South Korea
6.5.6 China Taiwan
6.5.7 Southeast Asia
6.5.8 India
6.5.9 Australia
6.6 Latin America, Middle East & Africa
6.6.1 Latin America, Middle East & Africa Metformin Hydrochloride Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
6.6.2 Latin America, Middle East & Africa Metformin Hydrochloride Consumption by Country (2019-2030)
6.6.3 Mexico
6.6.4 Brazil
6.6.5 Turkey
6.6.5 GCC Countries
7 Segment by Type
7.1 Global Metformin Hydrochloride Production by Type (2019-2030)
7.1.1 Global Metformin Hydrochloride Production by Type (2019-2030) & (K MT)
7.1.2 Global Metformin Hydrochloride Production Market Share by Type (2019-2030)
7.2 Global Metformin Hydrochloride Production Value by Type (2019-2030)
7.2.1 Global Metformin Hydrochloride Production Value by Type (2019-2030) & (US$ Million)
7.2.2 Global Metformin Hydrochloride Production Value Market Share by Type (2019-2030)
7.3 Global Metformin Hydrochloride Price by Type (2019-2030)
8 Segment by Application
8.1 Global Metformin Hydrochloride Production by Application (2019-2030)
8.1.1 Global Metformin Hydrochloride Production by Application (2019-2030) & (K MT)
8.1.2 Global Metformin Hydrochloride Production by Application (2019-2030) & (K MT)
8.2 Global Metformin Hydrochloride Production Value by Application (2019-2030)
8.2.1 Global Metformin Hydrochloride Production Value by Application (2019-2030) & (US$ Million)
8.2.2 Global Metformin Hydrochloride Production Value Market Share by Application (2019-2030)
8.3 Global Metformin Hydrochloride Price by Application (2019-2030)
9 Value Chain and Sales Channels Analysis of the Market
9.1 Metformin Hydrochloride Value Chain Analysis
9.1.1 Metformin Hydrochloride Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Metformin Hydrochloride Production Mode & Process
9.2 Metformin Hydrochloride Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Metformin Hydrochloride Distributors
9.2.3 Metformin Hydrochloride Customers
10 Global Metformin Hydrochloride Analyzing Market Dynamics
10.1 Metformin Hydrochloride Industry Trends
10.2 Metformin Hydrochloride Industry Drivers
10.3 Metformin Hydrochloride Industry Opportunities and Challenges
10.4 Metformin Hydrochloride Industry Restraints
11 Report Conclusion
12 Disclaimer

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