The global Metformin Hydrochloride market was valued at US$ 391.34 million in 2024 and is anticipated to reach US$ 584.43 million by 2031, witnessing a CAGR of 6.29% during the forecast period 2025-2031.
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 (MT) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Metformin Hydrochloride market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Metformin Hydrochloride manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Wanbury
- USV
- Shouguang Fukang Pharmaceutical
- Vistin Pharma
- CR Double-Crane
- Keyuan Pharmaceutical
- Farmhispania Group
- Harman Finochem
- Shijiazhuang Polee Pharmaceutical
- Aarti Drugs
- Exemed Pharmaceuticals
Segment by Type
- Metformin HCL
- Metformin DC
Segment by Application
- Metformin Hydrochloride Tablets
- Metformin Hydrochloride Extended-Release Tablets
- Others
Production by Region
Consumption by Region
- North America
- U.S.
- Canada
- Mexico
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
- Latin America, Middle East & Africa
- Brazil
- Argentina
- Turkey
- Iran
- South Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Metformin Hydrochloride by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Metformin Hydrochloride in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Table of Contents
1 Metformin Hydrochloride Market Overview
- 1.1 Product Definition
- 1.2 Metformin Hydrochloride by Type
- 1.2.1 Global Metformin Hydrochloride Market Value Growth Rate Analysis by Type: 2024 VS 2031
- 1.2.2 Metformin HCL
- 1.2.3 Metformin DC
- 1.3 Metformin Hydrochloride by Application
- 1.3.1 Global Metformin Hydrochloride Market Value Growth Rate Analysis by Application: 2024 VS 2031
- 1.3.2 Metformin Hydrochloride Tablets
- 1.3.3 Metformin Hydrochloride Extended-Release Tablets
- 1.4 Global Market Growth Prospects
- 1.4.1 Global Metformin Hydrochloride Production Value Estimates and Forecasts (2020-2031)
- 1.4.2 Global Metformin Hydrochloride Production Capacity Estimates and Forecasts (2020-2031)
- 1.4.3 Global Metformin Hydrochloride Production Estimates and Forecasts (2020-2031)
- 1.4.4 Global Metformin Hydrochloride Market Average Price Estimates and Forecasts (2020-2031)
- 1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
- 2.1 Global Metformin Hydrochloride Production Market Share by Manufacturers (2020-2025)
- 2.2 Global Metformin Hydrochloride Production Value Market Share by Manufacturers (2020-2025)
- 2.3 Global Key Players of Metformin Hydrochloride, Industry Ranking, 2023 VS 2024
- 2.4 Global Metformin Hydrochloride Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 2.5 Global Metformin Hydrochloride Average Price by Manufacturers (2020-2025)
- 2.6 Global Key Manufacturers of Metformin Hydrochloride, Manufacturing Base Distribution and Headquarters
- 2.7 Global Key Manufacturers of Metformin Hydrochloride, Product Offered and Application
- 2.8 Global Key Manufacturers of Metformin Hydrochloride Established
- 2.9 Metformin Hydrochloride Market Competitive Situation and Trends
- 2.9.1 Metformin Hydrochloride Market Concentration Rate
- 2.9.2 Global 5 and 10 Largest Metformin Hydrochloride Players Market Share by Revenue
- 2.10 Mergers & Acquisitions, Expansion
3 Metformin Hydrochloride Production by Region
- 3.1 Global Metformin Hydrochloride Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 3.2 Global Metformin Hydrochloride Production Value by Region (2020-2031)
- 3.2.1 Global Metformin Hydrochloride Production Value by Region (2020-2025)
- 3.2.2 Global Forecasted Production Value of Metformin Hydrochloride by Region (2026-2031)
- 3.3 Global Metformin Hydrochloride Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 3.4 Global Metformin Hydrochloride Production Volume by Region (2020-2031)
- 3.4.1 Global Metformin Hydrochloride Production by Region (2020-2025)
- 3.4.2 Global Forecasted Production of Metformin Hydrochloride by Region (2026-2031)
- 3.5 Global Metformin Hydrochloride Market Price Analysis by Region (2020-2025)
- 3.6 Global Metformin Hydrochloride Production and Value, Year-over-Year Growth
- 3.6.1 Europe Metformin Hydrochloride Production Value Estimates and Forecasts (2020-2031)
- 3.6.2 China Metformin Hydrochloride Production Value Estimates and Forecasts (2020-2031)
- 3.6.3 India Metformin Hydrochloride Production Value Estimates and Forecasts (2020-2031)
4 Metformin Hydrochloride Consumption by Region
- 4.1 Global Metformin Hydrochloride Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
- 4.2 Global Metformin Hydrochloride Consumption by Region (2020-2031)
- 4.2.1 Global Metformin Hydrochloride Consumption by Region (2020-2025)
- 4.2.2 Global Metformin Hydrochloride Forecasted Consumption by Region (2026-2031)
- 4.3 North America
- 4.3.1 North America Metformin Hydrochloride Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.3.2 North America Metformin Hydrochloride Consumption by Country (2020-2031)
- 4.3.3 U.S.
- 4.3.4 Canada
- 4.3.5 Mexico
- 4.4 Europe
- 4.4.1 Europe Metformin Hydrochloride Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.4.2 Europe Metformin Hydrochloride Consumption by Country (2020-2031)
- 4.4.3 Germany
- 4.4.4 France
- 4.4.5 U.K.
- 4.4.6 Italy
- 4.4.7 Spain
- 4.5 Asia Pacific
- 4.5.1 Asia Pacific Metformin Hydrochloride Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
- 4.5.2 Asia Pacific Metformin Hydrochloride Consumption by Region (2020-2031)
- 4.5.3 China
- 4.5.4 Japan
- 4.5.5 South Korea
- 4.5.6 Southeast Asia
- 4.5.7 India
- 4.6 Latin America, Middle East & Africa
- 4.6.1 Latin America, Middle East & Africa Metformin Hydrochloride Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
- 4.6.2 Latin America, Middle East & Africa Metformin Hydrochloride Consumption by Country (2020-2031)
- 4.6.3 Brazil
- 4.6.4 Argentina
- 4.6.5 Turkey
- 4.6.6 Iran
- 4.6.7 South Africa
5 Segment by Type
- 5.1 Global Metformin Hydrochloride Production by Type (2020-2031)
- 5.1.1 Global Metformin Hydrochloride Production by Type (2020-2025)
- 5.1.2 Global Metformin Hydrochloride Production by Type (2026-2031)
- 5.1.3 Global Metformin Hydrochloride Production Market Share by Type (2020-2031)
- 5.2 Global Metformin Hydrochloride Production Value by Type (2020-2031)
- 5.2.1 Global Metformin Hydrochloride Production Value by Type (2020-2025)
- 5.2.2 Global Metformin Hydrochloride Production Value by Type (2026-2031)
- 5.2.3 Global Metformin Hydrochloride Production Value Market Share by Type (2020-2031)
- 5.3 Global Metformin Hydrochloride Price by Type (2020-2031)
6 Segment by Application
- 6.1 Global Metformin Hydrochloride Production by Application (2020-2031)
- 6.1.1 Global Metformin Hydrochloride Production by Application (2020-2025)
- 6.1.2 Global Metformin Hydrochloride Production by Application (2026-2031)
- 6.1.3 Global Metformin Hydrochloride Production Market Share by Application (2020-2031)
- 6.2 Global Metformin Hydrochloride Production Value by Application (2020-2031)
- 6.2.1 Global Metformin Hydrochloride Production Value by Application (2020-2025)
- 6.2.2 Global Metformin Hydrochloride Production Value by Application (2026-2031)
- 6.2.3 Global Metformin Hydrochloride Production Value Market Share by Application (2020-2031)
- 6.3 Global Metformin Hydrochloride Price by Application (2020-2031)
7 Key Companies Profiled
- 7.1 Wanbury
- 7.1.1 Wanbury Corporation Information
- 7.1.2 Wanbury Overview
- 7.1.3 Wanbury Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.1.4 Wanbury Metformin Hydrochloride Product Description
- 7.1.5 Wanbury Recent Developments
- 7.2 USV
- 7.2.1 USV Corporation Information
- 7.2.2 USV Overview
- 7.2.3 USV Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.2.4 USV Metformin Hydrochloride Product Description
- 7.2.5 USV Recent Developments
- 7.3 Shouguang Fukang Pharmaceutical
- 7.3.1 Shouguang Fukang Pharmaceutical Corporation Information
- 7.3.2 Shouguang Fukang Pharmaceutical Overview
- 7.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product Description
- 7.3.5 Shouguang Fukang Pharmaceutical Recent Developments
- 7.4 Vistin Pharma
- 7.4.1 Vistin Pharma Corporation Information
- 7.4.2 Vistin Pharma Overview
- 7.4.3 Vistin Pharma Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.4.4 Vistin Pharma Metformin Hydrochloride Product Description
- 7.4.5 Vistin Pharma Recent Developments
- 7.5 CR Double-Crane
- 7.5.1 CR Double-Crane Corporation Information
- 7.5.2 CR Double-Crane Overview
- 7.5.3 CR Double-Crane Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.5.4 CR Double-Crane Metformin Hydrochloride Product Description
- 7.5.5 CR Double-Crane Recent Developments
- 7.6 Keyuan Pharmaceutical
- 7.6.1 Keyuan Pharmaceutical Corporation Information
- 7.6.2 Keyuan Pharmaceutical Overview
- 7.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Product Description
- 7.6.5 Keyuan Pharmaceutical Recent Developments
- 7.7 Farmhispania Group
- 7.7.1 Farmhispania Group Corporation Information
- 7.7.2 Farmhispania Group Overview
- 7.7.3 Farmhispania Group Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.7.4 Farmhispania Group Metformin Hydrochloride Product Description
- 7.7.5 Farmhispania Group Recent Developments
- 7.8 Harman Finochem
- 7.8.1 Harman Finochem Corporation Information
- 7.8.2 Harman Finochem Overview
- 7.8.3 Harman Finochem Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.8.4 Harman Finochem Metformin Hydrochloride Product Description
- 7.9 Shijiazhuang Polee Pharmaceutical
- 7.9.1 Shijiazhuang Polee Pharmaceutical Corporation Information
- 7.9.2 Shijiazhuang Polee Pharmaceutical Overview
- 7.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product Description
- 7.10 Aarti Drugs
- 7.10.1 Aarti Drugs Corporation Information
- 7.10.2 Aarti Drugs Overview
- 7.10.3 Aarti Drugs Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.10.4 Aarti Drugs Metformin Hydrochloride Product Description
- 7.11 Exemed Pharmaceuticals
- 7.11.1 Exemed Pharmaceuticals Corporation Information
- 7.11.2 Exemed Pharmaceuticals Overview
- 7.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Production, Price, Revenue and Gross Margin (2020-2025)
- 7.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Product Description
8 Industry Chain and Sales Channels Analysis
- 8.1 Metformin Hydrochloride Industry Chain Analysis
- 8.2 Metformin Hydrochloride Raw Material Supply Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.3 Metformin Hydrochloride Production Mode & Process Analysis
- 8.4 Metformin Hydrochloride Sales and Marketing
- 8.4.1 Metformin Hydrochloride Sales Channels
- 8.4.2 Metformin Hydrochloride Distributors
- 8.5 Metformin Hydrochloride Customer Analysis
9 Metformin Hydrochloride Market Dynamics
- 9.1 Metformin Hydrochloride Industry Trends
- 9.2 Metformin Hydrochloride Market Drivers
- 9.3 Metformin Hydrochloride Market Challenges
- 9.4 Metformin Hydrochloride Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
- 11.1 Methodology/Research Approach
- 11.1.1 Research Programs/Design
- 11.1.2 Market Size Estimation
- 11.1.3 Market Breakdown and Data Triangulation
- 11.2 Data Source
- 11.2.1 Secondary Sources
- 11.2.2 Primary Sources
- 11.3 Author List
- 11.4 Disclaimer 117