Global Metformin Hydrochloride Supply, Demand and Key Producers, 2024-2030

Global Metformin Hydrochloride Supply, Demand and Key Producers, 2024-2030

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Published Date: 08 Feb 2024

Category: Chemical & Material

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  • sp_icon1 sp_icon1_b Description
  • sp_icon2 sp_icon2_b Table of Contents
  • sp_icon3 sp_icon3_b Table of Figures
  • sp_icon4 sp_icon4_b Research Methodology
  • sp_icon1 sp_icon1_b Companies Mentioned
  • sp_icon1 sp_icon1_b Related Reports
  • sp_icon1 sp_icon1_b Product Tags
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Description

The global Metformin Hydrochloride market size is expected to reach $ 556 million by 2030, rising at a market growth of 5.3% CAGR 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.

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.

This report studies the global Metformin Hydrochloride production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Metformin Hydrochloride, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Metformin Hydrochloride that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Metformin Hydrochloride total production and demand, 2019-2030, (K MT)
Global Metformin Hydrochloride total production value, 2019-2030, (USD Million)
Global Metformin Hydrochloride production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K MT)
Global Metformin Hydrochloride consumption by region & country, CAGR, 2019-2030 & (K MT)
U.S. VS China: Metformin Hydrochloride domestic production, consumption, key domestic manufacturers and share
Global Metformin Hydrochloride production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K MT)
Global Metformin Hydrochloride production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K MT)
Global Metformin Hydrochloride production by Application production, value, CAGR, 2019-2030, (USD Million) & (K MT).

This reports profiles key players in the global Metformin Hydrochloride market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wanbury, USV, Shouguang Fukang Pharmaceutical, Vistin Pharma, CR Double-Crane, Keyuan Pharmaceutical, Farmhispania Group, Harman Finochem and Shijiazhuang Polee Pharmaceutical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Metformin Hydrochloride market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Metformin Hydrochloride Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Metformin Hydrochloride Market, Segmentation by Type
Metformin HCL
Metformin DC

Global Metformin Hydrochloride Market, Segmentation by Application
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others

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

Key Questions Answered
1. How big is the global Metformin Hydrochloride market?
2. What is the demand of the global Metformin Hydrochloride market?
3. What is the year over year growth of the global Metformin Hydrochloride market?
4. What is the production and production value of the global Metformin Hydrochloride market?
5. Who are the key producers in the global Metformin Hydrochloride market?
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Table of Contents

1 Supply Summary
1.1 Metformin Hydrochloride Introduction
1.2 World Metformin Hydrochloride Supply & Forecast
1.2.1 World Metformin Hydrochloride Production Value (2019 & 2023 & 2030)
1.2.2 World Metformin Hydrochloride Production (2019-2030)
1.2.3 World Metformin Hydrochloride Pricing Trends (2019-2030)
1.3 World Metformin Hydrochloride Production by Region (Based on Production Site)
1.3.1 World Metformin Hydrochloride Production Value by Region (2019-2030)
1.3.2 World Metformin Hydrochloride Production by Region (2019-2030)
1.3.3 World Metformin Hydrochloride Average Price by Region (2019-2030)
1.3.4 Europe Metformin Hydrochloride Production (2019-2030)
1.3.5 China Metformin Hydrochloride Production (2019-2030)
1.3.6 India Metformin Hydrochloride Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Metformin Hydrochloride Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Metformin Hydrochloride Major Market Trends

2 Demand Summary
2.1 World Metformin Hydrochloride Demand (2019-2030)
2.2 World Metformin Hydrochloride Consumption by Region
2.2.1 World Metformin Hydrochloride Consumption by Region (2019-2024)
2.2.2 World Metformin Hydrochloride Consumption Forecast by Region (2025-2030)
2.3 United States Metformin Hydrochloride Consumption (2019-2030)
2.4 China Metformin Hydrochloride Consumption (2019-2030)
2.5 Europe Metformin Hydrochloride Consumption (2019-2030)
2.6 Japan Metformin Hydrochloride Consumption (2019-2030)
2.7 South Korea Metformin Hydrochloride Consumption (2019-2030)
2.8 ASEAN Metformin Hydrochloride Consumption (2019-2030)
2.9 India Metformin Hydrochloride Consumption (2019-2030)

3 World Metformin Hydrochloride Manufacturers Competitive Analysis
3.1 World Metformin Hydrochloride Production Value by Manufacturer (2019-2024)
3.2 World Metformin Hydrochloride Production by Manufacturer (2019-2024)
3.3 World Metformin Hydrochloride Average Price by Manufacturer (2019-2024)
3.4 Metformin Hydrochloride Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Metformin Hydrochloride Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Metformin Hydrochloride in 2023
3.5.3 Global Concentration Ratios (CR8) for Metformin Hydrochloride in 2023
3.6 Metformin Hydrochloride Market: Overall Company Footprint Analysis
3.6.1 Metformin Hydrochloride Market: Region Footprint
3.6.2 Metformin Hydrochloride Market: Company Product Type Footprint
3.6.3 Metformin Hydrochloride Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Metformin Hydrochloride Production Value Comparison
4.1.1 United States VS China: Metformin Hydrochloride Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Metformin Hydrochloride Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Metformin Hydrochloride Production Comparison
4.2.1 United States VS China: Metformin Hydrochloride Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Metformin Hydrochloride Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Metformin Hydrochloride Consumption Comparison
4.3.1 United States VS China: Metformin Hydrochloride Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Metformin Hydrochloride Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Metformin Hydrochloride Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Metformin Hydrochloride Production Value (2019-2024)
4.4.3 United States Based Manufacturers Metformin Hydrochloride Production (2019-2024)
4.5 China Based Metformin Hydrochloride Manufacturers and Market Share
4.5.1 China Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Metformin Hydrochloride Production Value (2019-2024)
4.5.3 China Based Manufacturers Metformin Hydrochloride Production (2019-2024)
4.6 Rest of World Based Metformin Hydrochloride Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Metformin Hydrochloride Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Metformin Hydrochloride Production (2019-2024)

5 Market Analysis by Type
5.1 World Metformin Hydrochloride Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Metformin HCL
5.2.2 Metformin DC
5.3 Market Segment by Type
5.3.1 World Metformin Hydrochloride Production by Type (2019-2030)
5.3.2 World Metformin Hydrochloride Production Value by Type (2019-2030)
5.3.3 World Metformin Hydrochloride Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Metformin Hydrochloride Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Metformin Hydrochloride Tablets
6.2.2 Metformin Hydrochloride Extended-Release Tablets
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Metformin Hydrochloride Production by Application (2019-2030)
6.3.2 World Metformin Hydrochloride Production Value by Application (2019-2030)
6.3.3 World Metformin Hydrochloride Average Price by Application (2019-2030)

7 Company Profiles
7.1 Wanbury
7.1.1 Wanbury Details
7.1.2 Wanbury Major Business
7.1.3 Wanbury Metformin Hydrochloride Product and Services
7.1.4 Wanbury Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Wanbury Recent Developments/Updates
7.1.6 Wanbury Competitive Strengths & Weaknesses
7.2 USV
7.2.1 USV Details
7.2.2 USV Major Business
7.2.3 USV Metformin Hydrochloride Product and Services
7.2.4 USV Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 USV Recent Developments/Updates
7.2.6 USV Competitive Strengths & Weaknesses
7.3 Shouguang Fukang Pharmaceutical
7.3.1 Shouguang Fukang Pharmaceutical Details
7.3.2 Shouguang Fukang Pharmaceutical Major Business
7.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product and Services
7.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Shouguang Fukang Pharmaceutical Recent Developments/Updates
7.3.6 Shouguang Fukang Pharmaceutical Competitive Strengths & Weaknesses
7.4 Vistin Pharma
7.4.1 Vistin Pharma Details
7.4.2 Vistin Pharma Major Business
7.4.3 Vistin Pharma Metformin Hydrochloride Product and Services
7.4.4 Vistin Pharma Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Vistin Pharma Recent Developments/Updates
7.4.6 Vistin Pharma Competitive Strengths & Weaknesses
7.5 CR Double-Crane
7.5.1 CR Double-Crane Details
7.5.2 CR Double-Crane Major Business
7.5.3 CR Double-Crane Metformin Hydrochloride Product and Services
7.5.4 CR Double-Crane Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 CR Double-Crane Recent Developments/Updates
7.5.6 CR Double-Crane Competitive Strengths & Weaknesses
7.6 Keyuan Pharmaceutical
7.6.1 Keyuan Pharmaceutical Details
7.6.2 Keyuan Pharmaceutical Major Business
7.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Product and Services
7.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Keyuan Pharmaceutical Recent Developments/Updates
7.6.6 Keyuan Pharmaceutical Competitive Strengths & Weaknesses
7.7 Farmhispania Group
7.7.1 Farmhispania Group Details
7.7.2 Farmhispania Group Major Business
7.7.3 Farmhispania Group Metformin Hydrochloride Product and Services
7.7.4 Farmhispania Group Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Farmhispania Group Recent Developments/Updates
7.7.6 Farmhispania Group Competitive Strengths & Weaknesses
7.8 Harman Finochem
7.8.1 Harman Finochem Details
7.8.2 Harman Finochem Major Business
7.8.3 Harman Finochem Metformin Hydrochloride Product and Services
7.8.4 Harman Finochem Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 Harman Finochem Recent Developments/Updates
7.8.6 Harman Finochem Competitive Strengths & Weaknesses
7.9 Shijiazhuang Polee Pharmaceutical
7.9.1 Shijiazhuang Polee Pharmaceutical Details
7.9.2 Shijiazhuang Polee Pharmaceutical Major Business
7.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product and Services
7.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
7.9.6 Shijiazhuang Polee Pharmaceutical Competitive Strengths & Weaknesses
7.10 Aarti Drugs
7.10.1 Aarti Drugs Details
7.10.2 Aarti Drugs Major Business
7.10.3 Aarti Drugs Metformin Hydrochloride Product and Services
7.10.4 Aarti Drugs Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Aarti Drugs Recent Developments/Updates
7.10.6 Aarti Drugs Competitive Strengths & Weaknesses
7.11 Exemed Pharmaceuticals
7.11.1 Exemed Pharmaceuticals Details
7.11.2 Exemed Pharmaceuticals Major Business
7.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Product and Services
7.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 Exemed Pharmaceuticals Recent Developments/Updates
7.11.6 Exemed Pharmaceuticals Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Metformin Hydrochloride Industry Chain
8.2 Metformin Hydrochloride Upstream Analysis
8.2.1 Metformin Hydrochloride Core Raw Materials
8.2.2 Main Manufacturers of Metformin Hydrochloride Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Metformin Hydrochloride Production Mode
8.6 Metformin Hydrochloride Procurement Model
8.7 Metformin Hydrochloride Industry Sales Model and Sales Channels
8.7.1 Metformin Hydrochloride Sales Model
8.7.2 Metformin Hydrochloride Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Metformin Hydrochloride Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Metformin Hydrochloride Production Value by Region (2019-2024) & (USD Million)
Table 3. World Metformin Hydrochloride Production Value by Region (2025-2030) & (USD Million)
Table 4. World Metformin Hydrochloride Production Value Market Share by Region (2019-2024)
Table 5. World Metformin Hydrochloride Production Value Market Share by Region (2025-2030)
Table 6. World Metformin Hydrochloride Production by Region (2019-2024) & (K MT)
Table 7. World Metformin Hydrochloride Production by Region (2025-2030) & (K MT)
Table 8. World Metformin Hydrochloride Production Market Share by Region (2019-2024)
Table 9. World Metformin Hydrochloride Production Market Share by Region (2025-2030)
Table 10. World Metformin Hydrochloride Average Price by Region (2019-2024) & (USD/MT)
Table 11. World Metformin Hydrochloride Average Price by Region (2025-2030) & (USD/MT)
Table 12. Metformin Hydrochloride Major Market Trends
Table 13. World Metformin Hydrochloride Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K MT)
Table 14. World Metformin Hydrochloride Consumption by Region (2019-2024) & (K MT)
Table 15. World Metformin Hydrochloride Consumption Forecast by Region (2025-2030) & (K MT)
Table 16. World Metformin Hydrochloride Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Metformin Hydrochloride Producers in 2023
Table 18. World Metformin Hydrochloride Production by Manufacturer (2019-2024) & (K MT)
Table 19. Production Market Share of Key Metformin Hydrochloride Producers in 2023
Table 20. World Metformin Hydrochloride Average Price by Manufacturer (2019-2024) & (USD/MT)
Table 21. Global Metformin Hydrochloride Company Evaluation Quadrant
Table 22. World Metformin Hydrochloride Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Metformin Hydrochloride Production Site of Key Manufacturer
Table 24. Metformin Hydrochloride Market: Company Product Type Footprint
Table 25. Metformin Hydrochloride Market: Company Product Application Footprint
Table 26. Metformin Hydrochloride Competitive Factors
Table 27. Metformin Hydrochloride New Entrant and Capacity Expansion Plans
Table 28. Metformin Hydrochloride Mergers & Acquisitions Activity
Table 29. United States VS China Metformin Hydrochloride Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Metformin Hydrochloride Production Comparison, (2019 & 2023 & 2030) & (K MT)
Table 31. United States VS China Metformin Hydrochloride Consumption Comparison, (2019 & 2023 & 2030) & (K MT)
Table 32. United States Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Metformin Hydrochloride Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Metformin Hydrochloride Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Metformin Hydrochloride Production (2019-2024) & (K MT)
Table 36. United States Based Manufacturers Metformin Hydrochloride Production Market Share (2019-2024)
Table 37. China Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Metformin Hydrochloride Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Metformin Hydrochloride Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Metformin Hydrochloride Production (2019-2024) & (K MT)
Table 41. China Based Manufacturers Metformin Hydrochloride Production Market Share (2019-2024)
Table 42. Rest of World Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Metformin Hydrochloride Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Metformin Hydrochloride Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Metformin Hydrochloride Production (2019-2024) & (K MT)
Table 46. Rest of World Based Manufacturers Metformin Hydrochloride Production Market Share (2019-2024)
Table 47. World Metformin Hydrochloride Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Metformin Hydrochloride Production by Type (2019-2024) & (K MT)
Table 49. World Metformin Hydrochloride Production by Type (2025-2030) & (K MT)
Table 50. World Metformin Hydrochloride Production Value by Type (2019-2024) & (USD Million)
Table 51. World Metformin Hydrochloride Production Value by Type (2025-2030) & (USD Million)
Table 52. World Metformin Hydrochloride Average Price by Type (2019-2024) & (USD/MT)
Table 53. World Metformin Hydrochloride Average Price by Type (2025-2030) & (USD/MT)
Table 54. World Metformin Hydrochloride Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Metformin Hydrochloride Production by Application (2019-2024) & (K MT)
Table 56. World Metformin Hydrochloride Production by Application (2025-2030) & (K MT)
Table 57. World Metformin Hydrochloride Production Value by Application (2019-2024) & (USD Million)
Table 58. World Metformin Hydrochloride Production Value by Application (2025-2030) & (USD Million)
Table 59. World Metformin Hydrochloride Average Price by Application (2019-2024) & (USD/MT)
Table 60. World Metformin Hydrochloride Average Price by Application (2025-2030) & (USD/MT)
Table 61. Wanbury Basic Information, Manufacturing Base and Competitors
Table 62. Wanbury Major Business
Table 63. Wanbury Metformin Hydrochloride Product and Services
Table 64. Wanbury Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Wanbury Recent Developments/Updates
Table 66. Wanbury Competitive Strengths & Weaknesses
Table 67. USV Basic Information, Manufacturing Base and Competitors
Table 68. USV Major Business
Table 69. USV Metformin Hydrochloride Product and Services
Table 70. USV Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. USV Recent Developments/Updates
Table 72. USV Competitive Strengths & Weaknesses
Table 73. Shouguang Fukang Pharmaceutical Basic Information, Manufacturing Base and Competitors
Table 74. Shouguang Fukang Pharmaceutical Major Business
Table 75. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product and Services
Table 76. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Shouguang Fukang Pharmaceutical Recent Developments/Updates
Table 78. Shouguang Fukang Pharmaceutical Competitive Strengths & Weaknesses
Table 79. Vistin Pharma Basic Information, Manufacturing Base and Competitors
Table 80. Vistin Pharma Major Business
Table 81. Vistin Pharma Metformin Hydrochloride Product and Services
Table 82. Vistin Pharma Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Vistin Pharma Recent Developments/Updates
Table 84. Vistin Pharma Competitive Strengths & Weaknesses
Table 85. CR Double-Crane Basic Information, Manufacturing Base and Competitors
Table 86. CR Double-Crane Major Business
Table 87. CR Double-Crane Metformin Hydrochloride Product and Services
Table 88. CR Double-Crane Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. CR Double-Crane Recent Developments/Updates
Table 90. CR Double-Crane Competitive Strengths & Weaknesses
Table 91. Keyuan Pharmaceutical Basic Information, Manufacturing Base and Competitors
Table 92. Keyuan Pharmaceutical Major Business
Table 93. Keyuan Pharmaceutical Metformin Hydrochloride Product and Services
Table 94. Keyuan Pharmaceutical Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Keyuan Pharmaceutical Recent Developments/Updates
Table 96. Keyuan Pharmaceutical Competitive Strengths & Weaknesses
Table 97. Farmhispania Group Basic Information, Manufacturing Base and Competitors
Table 98. Farmhispania Group Major Business
Table 99. Farmhispania Group Metformin Hydrochloride Product and Services
Table 100. Farmhispania Group Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. Farmhispania Group Recent Developments/Updates
Table 102. Farmhispania Group Competitive Strengths & Weaknesses
Table 103. Harman Finochem Basic Information, Manufacturing Base and Competitors
Table 104. Harman Finochem Major Business
Table 105. Harman Finochem Metformin Hydrochloride Product and Services
Table 106. Harman Finochem Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. Harman Finochem Recent Developments/Updates
Table 108. Harman Finochem Competitive Strengths & Weaknesses
Table 109. Shijiazhuang Polee Pharmaceutical Basic Information, Manufacturing Base and Competitors
Table 110. Shijiazhuang Polee Pharmaceutical Major Business
Table 111. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product and Services
Table 112. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 113. Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
Table 114. Shijiazhuang Polee Pharmaceutical Competitive Strengths & Weaknesses
Table 115. Aarti Drugs Basic Information, Manufacturing Base and Competitors
Table 116. Aarti Drugs Major Business
Table 117. Aarti Drugs Metformin Hydrochloride Product and Services
Table 118. Aarti Drugs Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 119. Aarti Drugs Recent Developments/Updates
Table 120. Exemed Pharmaceuticals Basic Information, Manufacturing Base and Competitors
Table 121. Exemed Pharmaceuticals Major Business
Table 122. Exemed Pharmaceuticals Metformin Hydrochloride Product and Services
Table 123. Exemed Pharmaceuticals Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 124. Global Key Players of Metformin Hydrochloride Upstream (Raw Materials)
Table 125. Metformin Hydrochloride Typical Customers
Table 126. Metformin Hydrochloride Typical Distributors
List of Figure
Figure 1. Metformin Hydrochloride Picture
Figure 2. World Metformin Hydrochloride Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Metformin Hydrochloride Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 5. World Metformin Hydrochloride Average Price (2019-2030) & (USD/MT)
Figure 6. World Metformin Hydrochloride Production Value Market Share by Region (2019-2030)
Figure 7. World Metformin Hydrochloride Production Market Share by Region (2019-2030)
Figure 8. Europe Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 9. China Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 10. India Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 11. Metformin Hydrochloride Market Drivers
Figure 12. Factors Affecting Demand
Figure 13. World Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 14. World Metformin Hydrochloride Consumption Market Share by Region (2019-2030)
Figure 15. United States Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 16. China Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 17. Europe Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 18. Japan Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 19. South Korea Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 20. ASEAN Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 21. India Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 22. Producer Shipments of Metformin Hydrochloride by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 23. Global Four-firm Concentration Ratios (CR4) for Metformin Hydrochloride Markets in 2023
Figure 24. Global Four-firm Concentration Ratios (CR8) for Metformin Hydrochloride Markets in 2023
Figure 25. United States VS China: Metformin Hydrochloride Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 26. United States VS China: Metformin Hydrochloride Production Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Metformin Hydrochloride Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States Based Manufacturers Metformin Hydrochloride Production Market Share 2023
Figure 29. China Based Manufacturers Metformin Hydrochloride Production Market Share 2023
Figure 30. Rest of World Based Manufacturers Metformin Hydrochloride Production Market Share 2023
Figure 31. World Metformin Hydrochloride Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 32. World Metformin Hydrochloride Production Value Market Share by Type in 2023
Figure 33. Metformin HCL
Figure 34. Metformin DC
Figure 35. World Metformin Hydrochloride Production Market Share by Type (2019-2030)
Figure 36. World Metformin Hydrochloride Production Value Market Share by Type (2019-2030)
Figure 37. World Metformin Hydrochloride Average Price by Type (2019-2030) & (USD/MT)
Figure 38. World Metformin Hydrochloride Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 39. World Metformin Hydrochloride Production Value Market Share by Application in 2023
Figure 40. Metformin Hydrochloride Tablets
Figure 41. Metformin Hydrochloride Extended-Release Tablets
Figure 42. Others
Figure 43. World Metformin Hydrochloride Production Market Share by Application (2019-2030)
Figure 44. World Metformin Hydrochloride Production Value Market Share by Application (2019-2030)
Figure 45. World Metformin Hydrochloride Average Price by Application (2019-2030) & (USD/MT)
Figure 46. Metformin Hydrochloride Industry Chain
Figure 47. Metformin Hydrochloride Procurement Model
Figure 48. Metformin Hydrochloride Sales Model
Figure 49. Metformin Hydrochloride Sales Channels, Direct Sales, and Distribution
Figure 50. Methodology
Figure 51. Research Process and Data Source
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Research Methodology

Client Requirements

yuan2

Review and analyze client requirements

yuan2

Discussion of all the project requirements and queries

Flexibility Check

yuan2

Project Feasibility Analysis

yuan2

Finalizing tentative research programme

yuan2

Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

yuan2

Estimation of historical data based on secondary and primary data

yuan2

Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

yuan2

Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

yuan2

Consideration of geography, region-specific product/service demand for region segments

yuan2

Consideration of product utilization rates, product demand outlook for segments by application or end-user.

tuBiao1

Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

yuan2

Primary Source
Research discussion with manufacturers, distributors, suppliers, end user, industry experts to verify insights.

Validation and
triangulation of
secondary and primary source.

yuan2

Collection of data

yuan2

Cumulating and collating the essential qualitative and quantitative data

yuan2

Generation of report in client requested format by research analysts

yuan2

Reviews by expert analysts

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Final quality check

yuan2

Clarifying queries

yuan2

Receiving feedback

yuan2

Ensuring satisfaction

  • yuan01
    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

  • yuan01
    liuCheng01

    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

  • yuan01
    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

  • yuan01
    liuCheng01

    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

  • yuan01
    liuCheng01

    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

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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Global Metformin Hydrochloride Supply, Demand and Key Producers, 2024-2030

Global Metformin Hydrochloride Supply, Demand and Key Producers, 2024-2030

Page: 133

Published Date: 08 Feb 2024

Category: Chemical & Material

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Description

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Description

The global Metformin Hydrochloride market size is expected to reach $ 556 million by 2030, rising at a market growth of 5.3% CAGR 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.

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.

This report studies the global Metformin Hydrochloride production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Metformin Hydrochloride, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2023 as the base year. This report explores demand trends and competition, as well as details the characteristics of Metformin Hydrochloride that contribute to its increasing demand across many markets.

Highlights and key features of the study
Global Metformin Hydrochloride total production and demand, 2019-2030, (K MT)
Global Metformin Hydrochloride total production value, 2019-2030, (USD Million)
Global Metformin Hydrochloride production by region & country, production, value, CAGR, 2019-2030, (USD Million) & (K MT)
Global Metformin Hydrochloride consumption by region & country, CAGR, 2019-2030 & (K MT)
U.S. VS China: Metformin Hydrochloride domestic production, consumption, key domestic manufacturers and share
Global Metformin Hydrochloride production by manufacturer, production, price, value and market share 2019-2024, (USD Million) & (K MT)
Global Metformin Hydrochloride production by Type, production, value, CAGR, 2019-2030, (USD Million) & (K MT)
Global Metformin Hydrochloride production by Application production, value, CAGR, 2019-2030, (USD Million) & (K MT).

This reports profiles key players in the global Metformin Hydrochloride market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Wanbury, USV, Shouguang Fukang Pharmaceutical, Vistin Pharma, CR Double-Crane, Keyuan Pharmaceutical, Farmhispania Group, Harman Finochem and Shijiazhuang Polee Pharmaceutical, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Metformin Hydrochloride market.

Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K MT) and average price (USD/MT) by manufacturer, by Type, and by Application. Data is given for the years 2019-2030 by year with 2023 as the base year, 2024 as the estimate year, and 2025-2030 as the forecast year.

Global Metformin Hydrochloride Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Metformin Hydrochloride Market, Segmentation by Type
Metformin HCL
Metformin DC

Global Metformin Hydrochloride Market, Segmentation by Application
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others

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

Key Questions Answered
1. How big is the global Metformin Hydrochloride market?
2. What is the demand of the global Metformin Hydrochloride market?
3. What is the year over year growth of the global Metformin Hydrochloride market?
4. What is the production and production value of the global Metformin Hydrochloride market?
5. Who are the key producers in the global Metformin Hydrochloride market?
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Table of Contents

1 Supply Summary
1.1 Metformin Hydrochloride Introduction
1.2 World Metformin Hydrochloride Supply & Forecast
1.2.1 World Metformin Hydrochloride Production Value (2019 & 2023 & 2030)
1.2.2 World Metformin Hydrochloride Production (2019-2030)
1.2.3 World Metformin Hydrochloride Pricing Trends (2019-2030)
1.3 World Metformin Hydrochloride Production by Region (Based on Production Site)
1.3.1 World Metformin Hydrochloride Production Value by Region (2019-2030)
1.3.2 World Metformin Hydrochloride Production by Region (2019-2030)
1.3.3 World Metformin Hydrochloride Average Price by Region (2019-2030)
1.3.4 Europe Metformin Hydrochloride Production (2019-2030)
1.3.5 China Metformin Hydrochloride Production (2019-2030)
1.3.6 India Metformin Hydrochloride Production (2019-2030)
1.4 Market Drivers, Restraints and Trends
1.4.1 Metformin Hydrochloride Market Drivers
1.4.2 Factors Affecting Demand
1.4.3 Metformin Hydrochloride Major Market Trends

2 Demand Summary
2.1 World Metformin Hydrochloride Demand (2019-2030)
2.2 World Metformin Hydrochloride Consumption by Region
2.2.1 World Metformin Hydrochloride Consumption by Region (2019-2024)
2.2.2 World Metformin Hydrochloride Consumption Forecast by Region (2025-2030)
2.3 United States Metformin Hydrochloride Consumption (2019-2030)
2.4 China Metformin Hydrochloride Consumption (2019-2030)
2.5 Europe Metformin Hydrochloride Consumption (2019-2030)
2.6 Japan Metformin Hydrochloride Consumption (2019-2030)
2.7 South Korea Metformin Hydrochloride Consumption (2019-2030)
2.8 ASEAN Metformin Hydrochloride Consumption (2019-2030)
2.9 India Metformin Hydrochloride Consumption (2019-2030)

3 World Metformin Hydrochloride Manufacturers Competitive Analysis
3.1 World Metformin Hydrochloride Production Value by Manufacturer (2019-2024)
3.2 World Metformin Hydrochloride Production by Manufacturer (2019-2024)
3.3 World Metformin Hydrochloride Average Price by Manufacturer (2019-2024)
3.4 Metformin Hydrochloride Company Evaluation Quadrant
3.5 Industry Rank and Concentration Rate (CR)
3.5.1 Global Metformin Hydrochloride Industry Rank of Major Manufacturers
3.5.2 Global Concentration Ratios (CR4) for Metformin Hydrochloride in 2023
3.5.3 Global Concentration Ratios (CR8) for Metformin Hydrochloride in 2023
3.6 Metformin Hydrochloride Market: Overall Company Footprint Analysis
3.6.1 Metformin Hydrochloride Market: Region Footprint
3.6.2 Metformin Hydrochloride Market: Company Product Type Footprint
3.6.3 Metformin Hydrochloride Market: Company Product Application Footprint
3.7 Competitive Environment
3.7.1 Historical Structure of the Industry
3.7.2 Barriers of Market Entry
3.7.3 Factors of Competition
3.8 New Entrant and Capacity Expansion Plans
3.9 Mergers, Acquisition, Agreements, and Collaborations

4 United States VS China VS Rest of the World
4.1 United States VS China: Metformin Hydrochloride Production Value Comparison
4.1.1 United States VS China: Metformin Hydrochloride Production Value Comparison (2019 & 2023 & 2030)
4.1.2 United States VS China: Metformin Hydrochloride Production Value Market Share Comparison (2019 & 2023 & 2030)
4.2 United States VS China: Metformin Hydrochloride Production Comparison
4.2.1 United States VS China: Metformin Hydrochloride Production Comparison (2019 & 2023 & 2030)
4.2.2 United States VS China: Metformin Hydrochloride Production Market Share Comparison (2019 & 2023 & 2030)
4.3 United States VS China: Metformin Hydrochloride Consumption Comparison
4.3.1 United States VS China: Metformin Hydrochloride Consumption Comparison (2019 & 2023 & 2030)
4.3.2 United States VS China: Metformin Hydrochloride Consumption Market Share Comparison (2019 & 2023 & 2030)
4.4 United States Based Metformin Hydrochloride Manufacturers and Market Share, 2019-2024
4.4.1 United States Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (States, Country)
4.4.2 United States Based Manufacturers Metformin Hydrochloride Production Value (2019-2024)
4.4.3 United States Based Manufacturers Metformin Hydrochloride Production (2019-2024)
4.5 China Based Metformin Hydrochloride Manufacturers and Market Share
4.5.1 China Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (Province, Country)
4.5.2 China Based Manufacturers Metformin Hydrochloride Production Value (2019-2024)
4.5.3 China Based Manufacturers Metformin Hydrochloride Production (2019-2024)
4.6 Rest of World Based Metformin Hydrochloride Manufacturers and Market Share, 2019-2024
4.6.1 Rest of World Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (State, Country)
4.6.2 Rest of World Based Manufacturers Metformin Hydrochloride Production Value (2019-2024)
4.6.3 Rest of World Based Manufacturers Metformin Hydrochloride Production (2019-2024)

5 Market Analysis by Type
5.1 World Metformin Hydrochloride Market Size Overview by Type: 2019 VS 2023 VS 2030
5.2 Segment Introduction by Type
5.2.1 Metformin HCL
5.2.2 Metformin DC
5.3 Market Segment by Type
5.3.1 World Metformin Hydrochloride Production by Type (2019-2030)
5.3.2 World Metformin Hydrochloride Production Value by Type (2019-2030)
5.3.3 World Metformin Hydrochloride Average Price by Type (2019-2030)

6 Market Analysis by Application
6.1 World Metformin Hydrochloride Market Size Overview by Application: 2019 VS 2023 VS 2030
6.2 Segment Introduction by Application
6.2.1 Metformin Hydrochloride Tablets
6.2.2 Metformin Hydrochloride Extended-Release Tablets
6.2.3 Others
6.3 Market Segment by Application
6.3.1 World Metformin Hydrochloride Production by Application (2019-2030)
6.3.2 World Metformin Hydrochloride Production Value by Application (2019-2030)
6.3.3 World Metformin Hydrochloride Average Price by Application (2019-2030)

7 Company Profiles
7.1 Wanbury
7.1.1 Wanbury Details
7.1.2 Wanbury Major Business
7.1.3 Wanbury Metformin Hydrochloride Product and Services
7.1.4 Wanbury Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.1.5 Wanbury Recent Developments/Updates
7.1.6 Wanbury Competitive Strengths & Weaknesses
7.2 USV
7.2.1 USV Details
7.2.2 USV Major Business
7.2.3 USV Metformin Hydrochloride Product and Services
7.2.4 USV Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.2.5 USV Recent Developments/Updates
7.2.6 USV Competitive Strengths & Weaknesses
7.3 Shouguang Fukang Pharmaceutical
7.3.1 Shouguang Fukang Pharmaceutical Details
7.3.2 Shouguang Fukang Pharmaceutical Major Business
7.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product and Services
7.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.3.5 Shouguang Fukang Pharmaceutical Recent Developments/Updates
7.3.6 Shouguang Fukang Pharmaceutical Competitive Strengths & Weaknesses
7.4 Vistin Pharma
7.4.1 Vistin Pharma Details
7.4.2 Vistin Pharma Major Business
7.4.3 Vistin Pharma Metformin Hydrochloride Product and Services
7.4.4 Vistin Pharma Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.4.5 Vistin Pharma Recent Developments/Updates
7.4.6 Vistin Pharma Competitive Strengths & Weaknesses
7.5 CR Double-Crane
7.5.1 CR Double-Crane Details
7.5.2 CR Double-Crane Major Business
7.5.3 CR Double-Crane Metformin Hydrochloride Product and Services
7.5.4 CR Double-Crane Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.5.5 CR Double-Crane Recent Developments/Updates
7.5.6 CR Double-Crane Competitive Strengths & Weaknesses
7.6 Keyuan Pharmaceutical
7.6.1 Keyuan Pharmaceutical Details
7.6.2 Keyuan Pharmaceutical Major Business
7.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Product and Services
7.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.6.5 Keyuan Pharmaceutical Recent Developments/Updates
7.6.6 Keyuan Pharmaceutical Competitive Strengths & Weaknesses
7.7 Farmhispania Group
7.7.1 Farmhispania Group Details
7.7.2 Farmhispania Group Major Business
7.7.3 Farmhispania Group Metformin Hydrochloride Product and Services
7.7.4 Farmhispania Group Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.7.5 Farmhispania Group Recent Developments/Updates
7.7.6 Farmhispania Group Competitive Strengths & Weaknesses
7.8 Harman Finochem
7.8.1 Harman Finochem Details
7.8.2 Harman Finochem Major Business
7.8.3 Harman Finochem Metformin Hydrochloride Product and Services
7.8.4 Harman Finochem Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.8.5 Harman Finochem Recent Developments/Updates
7.8.6 Harman Finochem Competitive Strengths & Weaknesses
7.9 Shijiazhuang Polee Pharmaceutical
7.9.1 Shijiazhuang Polee Pharmaceutical Details
7.9.2 Shijiazhuang Polee Pharmaceutical Major Business
7.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product and Services
7.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.9.5 Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
7.9.6 Shijiazhuang Polee Pharmaceutical Competitive Strengths & Weaknesses
7.10 Aarti Drugs
7.10.1 Aarti Drugs Details
7.10.2 Aarti Drugs Major Business
7.10.3 Aarti Drugs Metformin Hydrochloride Product and Services
7.10.4 Aarti Drugs Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.10.5 Aarti Drugs Recent Developments/Updates
7.10.6 Aarti Drugs Competitive Strengths & Weaknesses
7.11 Exemed Pharmaceuticals
7.11.1 Exemed Pharmaceuticals Details
7.11.2 Exemed Pharmaceuticals Major Business
7.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Product and Services
7.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Production, Price, Value, Gross Margin and Market Share (2019-2024)
7.11.5 Exemed Pharmaceuticals Recent Developments/Updates
7.11.6 Exemed Pharmaceuticals Competitive Strengths & Weaknesses

8 Industry Chain Analysis
8.1 Metformin Hydrochloride Industry Chain
8.2 Metformin Hydrochloride Upstream Analysis
8.2.1 Metformin Hydrochloride Core Raw Materials
8.2.2 Main Manufacturers of Metformin Hydrochloride Core Raw Materials
8.3 Midstream Analysis
8.4 Downstream Analysis
8.5 Metformin Hydrochloride Production Mode
8.6 Metformin Hydrochloride Procurement Model
8.7 Metformin Hydrochloride Industry Sales Model and Sales Channels
8.7.1 Metformin Hydrochloride Sales Model
8.7.2 Metformin Hydrochloride Typical Customers

9 Research Findings and Conclusion

10 Appendix
10.1 Methodology
10.2 Research Process and Data Source
10.3 Disclaimer
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Table of Figures

List of Tables
Table 1. World Metformin Hydrochloride Production Value by Region (2019, 2023 and 2030) & (USD Million)
Table 2. World Metformin Hydrochloride Production Value by Region (2019-2024) & (USD Million)
Table 3. World Metformin Hydrochloride Production Value by Region (2025-2030) & (USD Million)
Table 4. World Metformin Hydrochloride Production Value Market Share by Region (2019-2024)
Table 5. World Metformin Hydrochloride Production Value Market Share by Region (2025-2030)
Table 6. World Metformin Hydrochloride Production by Region (2019-2024) & (K MT)
Table 7. World Metformin Hydrochloride Production by Region (2025-2030) & (K MT)
Table 8. World Metformin Hydrochloride Production Market Share by Region (2019-2024)
Table 9. World Metformin Hydrochloride Production Market Share by Region (2025-2030)
Table 10. World Metformin Hydrochloride Average Price by Region (2019-2024) & (USD/MT)
Table 11. World Metformin Hydrochloride Average Price by Region (2025-2030) & (USD/MT)
Table 12. Metformin Hydrochloride Major Market Trends
Table 13. World Metformin Hydrochloride Consumption Growth Rate Forecast by Region (2019 & 2023 & 2030) & (K MT)
Table 14. World Metformin Hydrochloride Consumption by Region (2019-2024) & (K MT)
Table 15. World Metformin Hydrochloride Consumption Forecast by Region (2025-2030) & (K MT)
Table 16. World Metformin Hydrochloride Production Value by Manufacturer (2019-2024) & (USD Million)
Table 17. Production Value Market Share of Key Metformin Hydrochloride Producers in 2023
Table 18. World Metformin Hydrochloride Production by Manufacturer (2019-2024) & (K MT)
Table 19. Production Market Share of Key Metformin Hydrochloride Producers in 2023
Table 20. World Metformin Hydrochloride Average Price by Manufacturer (2019-2024) & (USD/MT)
Table 21. Global Metformin Hydrochloride Company Evaluation Quadrant
Table 22. World Metformin Hydrochloride Industry Rank of Major Manufacturers, Based on Production Value in 2023
Table 23. Head Office and Metformin Hydrochloride Production Site of Key Manufacturer
Table 24. Metformin Hydrochloride Market: Company Product Type Footprint
Table 25. Metformin Hydrochloride Market: Company Product Application Footprint
Table 26. Metformin Hydrochloride Competitive Factors
Table 27. Metformin Hydrochloride New Entrant and Capacity Expansion Plans
Table 28. Metformin Hydrochloride Mergers & Acquisitions Activity
Table 29. United States VS China Metformin Hydrochloride Production Value Comparison, (2019 & 2023 & 2030) & (USD Million)
Table 30. United States VS China Metformin Hydrochloride Production Comparison, (2019 & 2023 & 2030) & (K MT)
Table 31. United States VS China Metformin Hydrochloride Consumption Comparison, (2019 & 2023 & 2030) & (K MT)
Table 32. United States Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (States, Country)
Table 33. United States Based Manufacturers Metformin Hydrochloride Production Value, (2019-2024) & (USD Million)
Table 34. United States Based Manufacturers Metformin Hydrochloride Production Value Market Share (2019-2024)
Table 35. United States Based Manufacturers Metformin Hydrochloride Production (2019-2024) & (K MT)
Table 36. United States Based Manufacturers Metformin Hydrochloride Production Market Share (2019-2024)
Table 37. China Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (Province, Country)
Table 38. China Based Manufacturers Metformin Hydrochloride Production Value, (2019-2024) & (USD Million)
Table 39. China Based Manufacturers Metformin Hydrochloride Production Value Market Share (2019-2024)
Table 40. China Based Manufacturers Metformin Hydrochloride Production (2019-2024) & (K MT)
Table 41. China Based Manufacturers Metformin Hydrochloride Production Market Share (2019-2024)
Table 42. Rest of World Based Metformin Hydrochloride Manufacturers, Headquarters and Production Site (States, Country)
Table 43. Rest of World Based Manufacturers Metformin Hydrochloride Production Value, (2019-2024) & (USD Million)
Table 44. Rest of World Based Manufacturers Metformin Hydrochloride Production Value Market Share (2019-2024)
Table 45. Rest of World Based Manufacturers Metformin Hydrochloride Production (2019-2024) & (K MT)
Table 46. Rest of World Based Manufacturers Metformin Hydrochloride Production Market Share (2019-2024)
Table 47. World Metformin Hydrochloride Production Value by Type, (USD Million), 2019 & 2023 & 2030
Table 48. World Metformin Hydrochloride Production by Type (2019-2024) & (K MT)
Table 49. World Metformin Hydrochloride Production by Type (2025-2030) & (K MT)
Table 50. World Metformin Hydrochloride Production Value by Type (2019-2024) & (USD Million)
Table 51. World Metformin Hydrochloride Production Value by Type (2025-2030) & (USD Million)
Table 52. World Metformin Hydrochloride Average Price by Type (2019-2024) & (USD/MT)
Table 53. World Metformin Hydrochloride Average Price by Type (2025-2030) & (USD/MT)
Table 54. World Metformin Hydrochloride Production Value by Application, (USD Million), 2019 & 2023 & 2030
Table 55. World Metformin Hydrochloride Production by Application (2019-2024) & (K MT)
Table 56. World Metformin Hydrochloride Production by Application (2025-2030) & (K MT)
Table 57. World Metformin Hydrochloride Production Value by Application (2019-2024) & (USD Million)
Table 58. World Metformin Hydrochloride Production Value by Application (2025-2030) & (USD Million)
Table 59. World Metformin Hydrochloride Average Price by Application (2019-2024) & (USD/MT)
Table 60. World Metformin Hydrochloride Average Price by Application (2025-2030) & (USD/MT)
Table 61. Wanbury Basic Information, Manufacturing Base and Competitors
Table 62. Wanbury Major Business
Table 63. Wanbury Metformin Hydrochloride Product and Services
Table 64. Wanbury Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 65. Wanbury Recent Developments/Updates
Table 66. Wanbury Competitive Strengths & Weaknesses
Table 67. USV Basic Information, Manufacturing Base and Competitors
Table 68. USV Major Business
Table 69. USV Metformin Hydrochloride Product and Services
Table 70. USV Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 71. USV Recent Developments/Updates
Table 72. USV Competitive Strengths & Weaknesses
Table 73. Shouguang Fukang Pharmaceutical Basic Information, Manufacturing Base and Competitors
Table 74. Shouguang Fukang Pharmaceutical Major Business
Table 75. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product and Services
Table 76. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 77. Shouguang Fukang Pharmaceutical Recent Developments/Updates
Table 78. Shouguang Fukang Pharmaceutical Competitive Strengths & Weaknesses
Table 79. Vistin Pharma Basic Information, Manufacturing Base and Competitors
Table 80. Vistin Pharma Major Business
Table 81. Vistin Pharma Metformin Hydrochloride Product and Services
Table 82. Vistin Pharma Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 83. Vistin Pharma Recent Developments/Updates
Table 84. Vistin Pharma Competitive Strengths & Weaknesses
Table 85. CR Double-Crane Basic Information, Manufacturing Base and Competitors
Table 86. CR Double-Crane Major Business
Table 87. CR Double-Crane Metformin Hydrochloride Product and Services
Table 88. CR Double-Crane Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 89. CR Double-Crane Recent Developments/Updates
Table 90. CR Double-Crane Competitive Strengths & Weaknesses
Table 91. Keyuan Pharmaceutical Basic Information, Manufacturing Base and Competitors
Table 92. Keyuan Pharmaceutical Major Business
Table 93. Keyuan Pharmaceutical Metformin Hydrochloride Product and Services
Table 94. Keyuan Pharmaceutical Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 95. Keyuan Pharmaceutical Recent Developments/Updates
Table 96. Keyuan Pharmaceutical Competitive Strengths & Weaknesses
Table 97. Farmhispania Group Basic Information, Manufacturing Base and Competitors
Table 98. Farmhispania Group Major Business
Table 99. Farmhispania Group Metformin Hydrochloride Product and Services
Table 100. Farmhispania Group Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 101. Farmhispania Group Recent Developments/Updates
Table 102. Farmhispania Group Competitive Strengths & Weaknesses
Table 103. Harman Finochem Basic Information, Manufacturing Base and Competitors
Table 104. Harman Finochem Major Business
Table 105. Harman Finochem Metformin Hydrochloride Product and Services
Table 106. Harman Finochem Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 107. Harman Finochem Recent Developments/Updates
Table 108. Harman Finochem Competitive Strengths & Weaknesses
Table 109. Shijiazhuang Polee Pharmaceutical Basic Information, Manufacturing Base and Competitors
Table 110. Shijiazhuang Polee Pharmaceutical Major Business
Table 111. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product and Services
Table 112. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 113. Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
Table 114. Shijiazhuang Polee Pharmaceutical Competitive Strengths & Weaknesses
Table 115. Aarti Drugs Basic Information, Manufacturing Base and Competitors
Table 116. Aarti Drugs Major Business
Table 117. Aarti Drugs Metformin Hydrochloride Product and Services
Table 118. Aarti Drugs Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 119. Aarti Drugs Recent Developments/Updates
Table 120. Exemed Pharmaceuticals Basic Information, Manufacturing Base and Competitors
Table 121. Exemed Pharmaceuticals Major Business
Table 122. Exemed Pharmaceuticals Metformin Hydrochloride Product and Services
Table 123. Exemed Pharmaceuticals Metformin Hydrochloride Production (K MT), Price (USD/MT), Production Value (USD Million), Gross Margin and Market Share (2019-2024)
Table 124. Global Key Players of Metformin Hydrochloride Upstream (Raw Materials)
Table 125. Metformin Hydrochloride Typical Customers
Table 126. Metformin Hydrochloride Typical Distributors
List of Figure
Figure 1. Metformin Hydrochloride Picture
Figure 2. World Metformin Hydrochloride Production Value: 2019 & 2023 & 2030, (USD Million)
Figure 3. World Metformin Hydrochloride Production Value and Forecast (2019-2030) & (USD Million)
Figure 4. World Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 5. World Metformin Hydrochloride Average Price (2019-2030) & (USD/MT)
Figure 6. World Metformin Hydrochloride Production Value Market Share by Region (2019-2030)
Figure 7. World Metformin Hydrochloride Production Market Share by Region (2019-2030)
Figure 8. Europe Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 9. China Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 10. India Metformin Hydrochloride Production (2019-2030) & (K MT)
Figure 11. Metformin Hydrochloride Market Drivers
Figure 12. Factors Affecting Demand
Figure 13. World Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 14. World Metformin Hydrochloride Consumption Market Share by Region (2019-2030)
Figure 15. United States Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 16. China Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 17. Europe Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 18. Japan Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 19. South Korea Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 20. ASEAN Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 21. India Metformin Hydrochloride Consumption (2019-2030) & (K MT)
Figure 22. Producer Shipments of Metformin Hydrochloride by Manufacturer Revenue ($MM) and Market Share (%): 2023
Figure 23. Global Four-firm Concentration Ratios (CR4) for Metformin Hydrochloride Markets in 2023
Figure 24. Global Four-firm Concentration Ratios (CR8) for Metformin Hydrochloride Markets in 2023
Figure 25. United States VS China: Metformin Hydrochloride Production Value Market Share Comparison (2019 & 2023 & 2030)
Figure 26. United States VS China: Metformin Hydrochloride Production Market Share Comparison (2019 & 2023 & 2030)
Figure 27. United States VS China: Metformin Hydrochloride Consumption Market Share Comparison (2019 & 2023 & 2030)
Figure 28. United States Based Manufacturers Metformin Hydrochloride Production Market Share 2023
Figure 29. China Based Manufacturers Metformin Hydrochloride Production Market Share 2023
Figure 30. Rest of World Based Manufacturers Metformin Hydrochloride Production Market Share 2023
Figure 31. World Metformin Hydrochloride Production Value by Type, (USD Million), 2019 & 2023 & 2030
Figure 32. World Metformin Hydrochloride Production Value Market Share by Type in 2023
Figure 33. Metformin HCL
Figure 34. Metformin DC
Figure 35. World Metformin Hydrochloride Production Market Share by Type (2019-2030)
Figure 36. World Metformin Hydrochloride Production Value Market Share by Type (2019-2030)
Figure 37. World Metformin Hydrochloride Average Price by Type (2019-2030) & (USD/MT)
Figure 38. World Metformin Hydrochloride Production Value by Application, (USD Million), 2019 & 2023 & 2030
Figure 39. World Metformin Hydrochloride Production Value Market Share by Application in 2023
Figure 40. Metformin Hydrochloride Tablets
Figure 41. Metformin Hydrochloride Extended-Release Tablets
Figure 42. Others
Figure 43. World Metformin Hydrochloride Production Market Share by Application (2019-2030)
Figure 44. World Metformin Hydrochloride Production Value Market Share by Application (2019-2030)
Figure 45. World Metformin Hydrochloride Average Price by Application (2019-2030) & (USD/MT)
Figure 46. Metformin Hydrochloride Industry Chain
Figure 47. Metformin Hydrochloride Procurement Model
Figure 48. Metformin Hydrochloride Sales Model
Figure 49. Metformin Hydrochloride Sales Channels, Direct Sales, and Distribution
Figure 50. Methodology
Figure 51. Research Process and Data Source
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Research Methodology

Client Requirements

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Review and analyze client requirements

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Discussion of all the project requirements and queries

Flexibility Check

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Project Feasibility Analysis

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Finalizing tentative research programme

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Structuring project proposal with scope, timeline, and costs

Analyzing Market Dynamics

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Determination of key drivers, restraints, challenge, and opportunity

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Identifies market needs and trends

Market Size Estimation & Forecast

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Estimation of historical data based on secondary and primary data

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Anticipating market recast by assigning weightage to market forces (drivers, restraints, opportunities)

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Freezing historical and forecast market size estimations based on evolution, trends, outlook, and strategies

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Consideration of geography, region-specific product/service demand for region segments

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Consideration of product utilization rates, product demand outlook for segments by application or end-user.

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Data Source

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Secondary Source
Data collections from annual reports, presentations,associations, journals, analyst reports, paid database, press releases, blogs, newsletters,and GIR repositories.

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Discussion of all the project requirements and queries

Validation and triangulation of secondary and primary source.

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Collection of data

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Cumulating and collating the essential qualitative and quantitative data

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Generation of report in client requested format by research analysts

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Reviews by expert analysts

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Final quality check

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Clarifying queries

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Receiving feedback

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Ensuring satisfaction

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    liuCheng01

    01 Identification of data

    This step involves identification of several primary and secondary data research sources, including Global Info Research's internal data sources. The primary sources consist of in-depth discussions and interviews with policy makers, industry experts, and data evaluators, whereas secondary sources include a thorough study of market journals, press releases, annual reports, and government and non-government agencies websites.

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    02 Evaluation of Market Dynamic

    This phase includes a detailed evaluation of several factors that are likely to affect the market dynamics. It involves a comprehensive assessment of major market pain points, drivers, and trends. It also comprises a detailed study of research plans and methodology.

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    liuCheng01

    03 Collection of Data

    This process consists of gathering data, accessing proprietary databases, and reaching out to key industry participants that operate in the market across the value chain. It also involves studying several patterns in the historical data and comparing it with the current scenario.

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    04 Collaboration of Data

    This stage involves the validation of data and arrival at actual statistics, and evolution of the market over the years. It entails the study and analyzes various segments and verticals of the market. An impact analysis is also performed to observe which factors will affect the market in the next few years.

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    05 Verification and Analysis

    This is the final stage, which involves both quantity and quality checks. Although the process of data verification is an integral part of the research process, all data points and statistics and figures are re-checked to uphold their authenticity and validity.

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Companies Mentioned

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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