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Global Metformin Hydrochloride Market Insights, Forecast to 2031

Publisher QYResearch Group
Published Sep 01, 2025
Length 189 Pages
SKU # QYR20411834

Description

The global Metformin Hydrochloride market is projected to grow from US$ 421 million in 2024 to US$ 615 million by 2031, at a Compound Annual Growth Rate (CAGR) of 5.61% during the forecast period.

In terms of production side, this report researches the Metformin Hydrochloride production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2024, and forecast to 2031.

In terms of consumption side, this report focuses on the sales of Metformin Hydrochloride by region (region level and country level), by company, by Type and by Application. from 2020 to 2024 and forecast to 2031.

Report Includes:

This report presents an overview of global market for Metformin Hydrochloride, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.

This report researches the key producers of Metformin Hydrochloride, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Metformin Hydrochloride, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Metformin Hydrochloride sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2024. Identification of the major stakeholders in the global Metformin Hydrochloride market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Metformin Hydrochloride sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Wanbury, USV, Shouguang Fukang Pharmaceutical, Vistin Pharma, Ningxia Hengkang Technology, Keyuan Pharmaceutical, Farmhispania Group, Harman Finochem, Shijiazhuang Polee Pharmaceutical, Aarti Drugs, etc.

Market Segmentation

By Company
  • Wanbury
  • USV
  • Shouguang Fukang Pharmaceutical
  • Vistin Pharma
  • Ningxia Hengkang Technology
  • Keyuan Pharmaceutical
  • FARMHISPANIA GROUP
  • Harman Finochem
  • Shijiazhuang Polee Pharmaceutical
  • Aarti Drugs
  • Exemed Pharmaceuticals
  • Granules
Segment by Type
  • Metformin HCL
  • Metformin DC
Segment by Application
  • Metformin Hydrochloride Tablets
  • Metformin Hydrochloride Extended-Release Tablets
  • Others
Production by Region
  • Europe
  • China
  • India
Sales by Region

North America
  • U.S.
  • Canada
  • Mexico
China

Asia (excluding China)
  • Japan
  • South Korea
  • Southeast Asia
  • India
Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Spain
South America
  • Brazil
  • Argentina
Middle East, Africa
  • Turkey
  • Iran
  • South Africa
Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Metformin Hydrochloride production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 3: Sales (consumption), revenue of Metformin Hydrochloride in global, 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 of each country in the world.

Chapter 4: Detailed analysis of Metformin Hydrochloride manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: North America (North America) by Type, by Application and by country, sales, and revenue for each segment.

Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.

Chapter 9: China by Type, and by Application, sales, and revenue for each segment.

Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.

Chapter 11: Middle East, Africa, South America by Type, by Application and by country, sales, and revenue for each segment.

Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Metformin Hydrochloride sales, revenue, price, gross margin, and recent development, etc.

Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 14: 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 15: The main points and conclusions of the report.

Table of Contents

189 Pages
1 Study Coverage
1.1 Metformin Hydrochloride Product Introduction
1.2 Market By Type
1.2.1 Global Metformin Hydrochloride Market Size By Type, 2020 Vs 2024 Vs 2031
1.2.2 Metformin Hcl
1.2.3 Metformin Dc
1.3 Market By Application
1.3.1 Global Metformin Hydrochloride Market Size By Application, 2020 Vs 2024 Vs 2031
1.3.2 Metformin Hydrochloride Tablets
1.3.3 Metformin Hydrochloride Extended-release Tablets
1.4 Assumptions And Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Metformin Hydrochloride Production
2.1 Global Metformin Hydrochloride Production Capacity (2020-2031)
2.2 Global Metformin Hydrochloride Production By Region: 2020 Vs 2024 Vs 2031
2.3 Global Production By Region
2.3.1 Global Metformin Hydrochloride Production By Region (2020-2031)
2.3.2 Global Metformin Hydrochloride Production Market Share By Region (2020-2031)
2.4 Europe
2.5 China
2.6 India
3 Executive Summary
3.1 Global Metformin Hydrochloride Revenue Estimates And Forecasts 2020-2031
3.2 Global Revenue By Region
3.2.1 Global Metformin Hydrochloride Revenue By Region: 2020 Vs 2024 Vs 2031
3.2.2 Global Metformin Hydrochloride Revenue By Region (2020-2031)
3.2.3 Global Metformin Hydrochloride Revenue Market Share By Region (2020-2031)
3.3 Global Metformin Hydrochloride Sales Estimates And Forecasts 2020-2031
3.4 Global Sales By Region
3.4.1 Global Metformin Hydrochloride Sales By Region: 2020 Vs 2024 Vs 2031
3.4.2 Global Metformin Hydrochloride Sales By Region (2020-2031)
3.4.3 Global Metformin Hydrochloride Sales Market Share By Region (2020-2031)
3.5 North America
3.6 Europe
3.7 China
3.8 Asia (Excluding China)
3.9 South America
3.10 Middle East, Africa
4 Competition By Manufacturers
4.1 Global Sales By Manufacturers
4.1.1 Global Metformin Hydrochloride Sales By Manufacturers (2020-2025)
4.1.2 Global Metformin Hydrochloride Sales Market Share By Manufacturers (2020-2025)
4.1.3 Global Top 10 And Top 5 Largest Manufacturers Of Metformin Hydrochloride In 2024
4.2 Global Revenue By Manufacturers
4.2.1 Global Metformin Hydrochloride Revenue By Manufacturers (2020-2025)
4.2.2 Global Metformin Hydrochloride Revenue Market Share By Manufacturers (2020-2025)
4.2.3 Global Top 10 And Top 5 Companies By Metformin Hydrochloride Revenue In 2024
4.3 Global Metformin Hydrochloride Sales Price By Manufacturers (2020-2025)
4.4 Global Key Players Of Metformin Hydrochloride, Industry Ranking, 2023 Vs 2024
4.5 Analysis Of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (Cr5 And Hhi)
4.5.2 Global Metformin Hydrochloride Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
4.6 Global Key Manufacturers Of Metformin Hydrochloride, Manufacturing Base Distribution And Headquarters
4.7 Global Key Manufacturers Of Metformin Hydrochloride, Product Offered
4.8 Global Key Manufacturers Of Metformin Hydrochloride Established
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size By Type
5.1 Global Sales By Type
5.1.1 Global Metformin Hydrochloride Historical Sales By Type (2020-2025)
5.1.2 Global Metformin Hydrochloride Forecasted Sales By Type (2026-2031)
5.1.3 Global Metformin Hydrochloride Sales Market Share By Type (2020-2031)
5.2 Global Revenue By Type
5.2.1 Global Metformin Hydrochloride Historical Revenue By Type (2020-2025)
5.2.2 Global Metformin Hydrochloride Forecasted Revenue By Type (2026-2031)
5.2.3 Global Metformin Hydrochloride Revenue Market Share By Type (2020-2031)
5.3 Global Price By Type
5.3.1 Global Metformin Hydrochloride Price By Type (2020-2025)
5.3.2 Global Metformin Hydrochloride Price Forecast By Type (2026-2031)
6 Market Size By Application
6.1 Global Sales By Application
6.1.1 Global Metformin Hydrochloride Historical Sales By Application (2020-2025)
6.1.2 Global Metformin Hydrochloride Forecasted Sales By Application (2026-2031)
6.1.3 Global Metformin Hydrochloride Sales Market Share By Application (2020-2031)
6.2 Global Revenue By Application
6.2.1 Global Metformin Hydrochloride Historical Revenue By Application (2020-2025)
6.2.2 Global Metformin Hydrochloride Forecasted Revenue By Application (2026-2031)
6.2.3 Global Metformin Hydrochloride Revenue Market Share By Application (2020-2031)
6.3 Global Price By Application
6.3.1 Global Metformin Hydrochloride Price By Application (2020-2025)
6.3.2 Global Metformin Hydrochloride Price Forecast By Application (2026-2031)
7 North America
7.1 North America Market Size By Type
7.1.1 North America Metformin Hydrochloride Sales By Type (2020-2031)
7.1.2 North America Metformin Hydrochloride Revenue By Type (2020-2031)
7.2 North America Market Size By Application
7.2.1 North America Metformin Hydrochloride Sales By Application (2020-2031)
7.2.2 North America Metformin Hydrochloride Revenue By Application (2020-2031)
7.3 North America Market Size By Country
7.3.1 North America Metformin Hydrochloride Revenue By Country: 2020 Vs 2024 Vs 2031
7.3.2 North America Metformin Hydrochloride Revenue By Country (2020-2031)
7.3.3 North America Metformin Hydrochloride Sales By Country (2020-2031)
7.3.4 Us
7.3.5 Canada
7.3.6 Mexico
8 Europe
8.1 Europe Market Size By Type
8.1.1 Europe Metformin Hydrochloride Sales By Type (2020-2031)
8.1.2 Europe Metformin Hydrochloride Revenue By Type (2020-2031)
8.2 Europe Market Size By Application
8.2.1 Europe Metformin Hydrochloride Sales By Application (2020-2031)
8.2.2 Europe Metformin Hydrochloride Revenue By Application (2020-2031)
8.3 Europe Market Size By Country
8.3.1 Europe Metformin Hydrochloride Revenue By Country: 2020 Vs 2024 Vs 2031
8.3.2 Europe Metformin Hydrochloride Sales By Country (2020-2031)
8.3.3 Europe Metformin Hydrochloride Revenue By Country (2020-2031)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Spain
9 China
9.1 China Market Size By Type
9.1.1 China Metformin Hydrochloride Sales By Type (2020-2031)
9.1.2 China Metformin Hydrochloride Revenue By Type (2020-2031)
9.2 China Market Size By Application
9.2.1 China Metformin Hydrochloride Sales By Application (2020-2031)
9.2.2 China Metformin Hydrochloride Revenue By Application (2020-2031)
10 Asia (Excluding China)
10.1 Asia Market Size By Type
10.1.1 Asia Metformin Hydrochloride Sales By Type (2020-2031)
10.1.2 Asia Metformin Hydrochloride Revenue By Type (2020-2031)
10.2 Asia Market Size By Application
10.2.1 Asia Metformin Hydrochloride Sales By Application (2020-2031)
10.2.2 Asia Metformin Hydrochloride Revenue By Application (2020-2031)
10.3 Asia Market Size By Region
10.3.1 Asia Metformin Hydrochloride Revenue By Region: 2020 Vs 2024 Vs 2031
10.3.2 Asia Metformin Hydrochloride Revenue By Region (2020-2031)
10.3.3 Asia Metformin Hydrochloride Sales By Region (2020-2031)
10.3.4 Japan
10.3.5 China Taiwan
10.3.6 Southeast Asia
10.3.7 India
11 South America
11.1 South America Market Size By Type
11.1.1 South America Metformin Hydrochloride Sales By Type (2020-2031)
11.1.2 South America Metformin Hydrochloride Revenue By Type (2020-2031)
11.2 South America Market Size By Application
11.2.1 South America Metformin Hydrochloride Sales By Application (2020-2031)
11.2.2 South America Metformin Hydrochloride Revenue By Application (2020-2031)
11.3 South America Market Size By Country
11.3.1 South America Metformin Hydrochloride Revenue By Country: 2020 Vs 2024 Vs 2031
11.3.2 South America Metformin Hydrochloride Revenue By Country (2020-2031)
11.3.3 South America Metformin Hydrochloride Sales By Country (2020-2031)
11.3.4 Brazil
11.3.5 Argentina
12 Middle East, Africa
12.1 Middle East, Africa Market Size By Type
12.1.1 Middle East, Africa Metformin Hydrochloride Sales By Type (2020-2031)
12.1.2 Middle East, Africa Metformin Hydrochloride Revenue By Type (2020-2031)
12.2 Middle East, Africa Market Size By Application
12.2.1 Middle East, Africa Metformin Hydrochloride Sales By Application (2020-2031)
12.2.2 Middle East, Africa Metformin Hydrochloride Revenue By Application (2020-2031)
12.3 Middle East, Africa Market Size By Country
12.3.1 Middle East, Africa Metformin Hydrochloride Revenue By Country: 2020 Vs 2024 Vs 2031
12.3.2 Middle East, Africa Metformin Hydrochloride Revenue By Country (2020-2031)
12.3.3 Middle East, Africa Metformin Hydrochloride Sales By Country (2020-2031)
12.3.4 Iran
12.3.5 South Africa
12.3.6 Turkey
13 Corporate Profile
13.1 Wanbury
13.1.1 Wanbury Corporation Information
13.1.2 Wanbury Overview
13.1.3 Wanbury Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.1.4 Wanbury Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.1.5 Wanbury Recent Developments
13.2 Usv
13.2.1 Usv Corporation Information
13.2.2 Usv Overview
13.2.3 Usv Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.2.4 Usv Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.2.5 Usv Recent Developments
13.3 Shouguang Fukang Pharmaceutical
13.3.1 Shouguang Fukang Pharmaceutical Corporation Information
13.3.2 Shouguang Fukang Pharmaceutical Overview
13.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.3.5 Shouguang Fukang Pharmaceutical Recent Developments
13.4 Vistin Pharma
13.4.1 Vistin Pharma Corporation Information
13.4.2 Vistin Pharma Overview
13.4.3 Vistin Pharma Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.4.4 Vistin Pharma Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.4.5 Vistin Pharma Recent Developments
13.5 Ningxia Hengkang Technology
13.5.1 Ningxia Hengkang Technology Corporation Information
13.5.2 Ningxia Hengkang Technology Overview
13.5.3 Ningxia Hengkang Technology Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.5.4 Ningxia Hengkang Technology Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.6 Keyuan Pharmaceutical
13.6.1 Keyuan Pharmaceutical Corporation Information
13.6.2 Keyuan Pharmaceutical Overview
13.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.6.5 Keyuan Pharmaceutical Recent Developments
13.7 Farmhispania Group
13.7.1 Farmhispania Group Corporation Information
13.7.2 Farmhispania Group Overview
13.7.3 Farmhispania Group Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.7.4 Farmhispania Group Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.7.5 Farmhispania Group Recent Developments
13.8 Harman Finochem
13.8.1 Harman Finochem Corporation Information
13.8.2 Harman Finochem Overview
13.8.3 Harman Finochem Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.8.4 Harman Finochem Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.9 Shijiazhuang Polee Pharmaceutical
13.9.1 Shijiazhuang Polee Pharmaceutical Corporation Information
13.9.2 Shijiazhuang Polee Pharmaceutical Overview
13.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.10 Aarti Drugs
13.10.1 Aarti Drugs Corporation Information
13.10.2 Aarti Drugs Overview
13.10.3 Aarti Drugs Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.10.4 Aarti Drugs Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.11 Exemed Pharmaceuticals
13.11.1 Exemed Pharmaceuticals Corporation Information
13.11.2 Exemed Pharmaceuticals Overview
13.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.12 Granules
13.12.1 Granules Corporation Information
13.12.2 Granules Overview
13.12.3 Granules Metformin Hydrochloride Capacity, Sales, Price, Revenue And Gross Margin (2020-2025)
13.12.4 Granules Metformin Hydrochloride Product Model Numbers, Pictures, Descriptions And Specifications
13.12.5 Granules Recent Developments
14 Industry Chain And Sales Channels Analysis
14.1 Metformin Hydrochloride Industry Chain Analysis
14.2 Metformin Hydrochloride Key Raw Materials
14.2.1 Key Raw Materials
14.2.2 Raw Materials Key Suppliers
14.3 Metformin Hydrochloride Production Mode & Process
14.4 Metformin Hydrochloride Sales And Marketing
14.4.1 Metformin Hydrochloride Sales Channels
14.4.2 Metformin Hydrochloride Distributors
14.5 Metformin Hydrochloride Customers
15 Metformin Hydrochloride Market Dynamics
15.1.1 Metformin Hydrochloride Industry Trends
15.1.2 Metformin Hydrochloride Market Drivers
15.1.3 Metformin Hydrochloride Market Challenges
15.1.4 Metformin Hydrochloride Market Restraints
16 Key Findings In The Global Metformin Hydrochloride Study
17 Appendix
17.1 Research Methodology
17.1.1 Methodology/Research Approach
17.1.2 Data Source
17.2 Author Details
List Of Tables
Table 1. Global Metformin Hydrochloride Market Size Growth Rate By Type, 2020 Vs 2024 Vs 2031 (Us$ Million)
Table 2. Global Metformin Hydrochloride Market Size Growth Rate By Application, 2020 Vs 2024 Vs 2031 (Us$ Million)
Table 3. Global Metformin Hydrochloride Production Growth Rate (Cagr) By Region: 2020 Vs 2024 Vs 2031 (Mt)
Table 4. Global Production By Region (2020-2025) & (Mt)
Table 5. Global Production By Region (2026-2031) & (Mt)
Table 6. Global Production Market Share By Region (2020-2025)
Table 7. Global Production Market Share By Region (2026-2031)
Table 8. Global Metformin Hydrochloride Revenue Grow Rate (Cagr) By Region: 2020 Vs 2024 Vs 2031 (Us$ Million)
Table 9. Global Revenue By Region (2020-2025) & (Us$ Million)
Table 10. Global Revenue By Region (2026-2031) & (Us$ Million)
Table 11. Global Revenue Market Share By Region (2020-2025)
Table 12. Global Revenue Market Share By Region (2026-2031)
Table 13. Global Metformin Hydrochloride Sales Grow Rate (Cagr) By Region: 2020 Vs 2024 Vs 2031 (Mt)
Table 14. Global Metformin Hydrochloride Sales By Region (2020-2025) & (Mt)
Table 15. Global Metformin Hydrochloride Sales By Region (2026-2031) & (Mt)
Table 16. Global Sales Market Share By Region (2020-2025)
Table 17. Global Sales Market Share By Region (2026-2031)
Table 18. Global Metformin Hydrochloride Production Capacity By Manufacturers (2020-2025) & (Mt)
Table 19. Global Metformin Hydrochloride Sales By Manufacturers (2020-2025) & (Mt)
Table 20. Global Metformin Hydrochloride Sales Share By Manufacturers (2020-2025)

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