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Global Metformin Hydrochloride Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: June 2025
|
Report Code: QYRE-Auto-1A9394
Home | Market Reports | Health| Health Conditions| Endocrine Conditions
Global Metformin Hydrochloride Market Insights and Forecast to 2028
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Global Metformin Hydrochloride Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-1A9394
Report
June 2025
Pages:153
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
Wanbury
USV
Exemed Pharmaceuticals
Vistin Pharma
Aarti Drugs
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Keyuan Pharmaceutical
CR Double-Crane
Shouguang Fukang Pharmaceutical

Metformin Hydrochloride Market Size

In 2024, the global market size of Metformin Hydrochloride was estimated to be worth US$ 411 million and is forecast to reach approximately US$ 593 million by 2031 with a CAGR of 5.4% during the forecast period 2025-2031.

Metformin Hydrochloride Market

Metformin Hydrochloride Market

Metformin hydrochloride is the raw material of finished product metformin hydrochloride drugs. That is the API metformin hydrochloride. Metformin Hydrochloride finished product is an oral antihyperglycemic drug used in the management of type 2-diabetes. Metformin hydrochloride (N, N-dimethylimidodicarbonimidic diamide hydrochloride) is not chemically or pharmacologically related to any other classes of oral antihyperglycemic agents. Metformin hydrochloride is a white to off-white crystalline compound with a molecular formula of C4H11N5·HCL and a molecular weight of 165.63. Metformin hydrochloride is freely soluble in water and is practically insoluble in acetone, ether and chloroform. In this report, our statistics is given by metformin hydrochloride API.
The global key manufacturers of Metformin Hydrochloride include Keyuan Pharmaceutical, Aarti Drugs and Shijiazhuang Polee, etc, top 3 manufacturers hold a share approximately 36%. Keyuan Pharmaceutical is the world's largest Metformin Hydrochloride manufacturer, with a market share of more than 14%. India, China and Europe are the major Metformin Hydrochloride market, they have a market share of more than 68%. India is the largest market with a share of 46%. In terms of product type, Metformin HCL is the largest market segment with a share of more than 82%. In terms of applications, Metformin Hydrochloride Tablets is the largest downstream segment, with a market share of about 72%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Metformin Hydrochloride, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Metformin Hydrochloride.
The Metformin Hydrochloride market size, estimations, and forecasts are provided in terms of sales volume (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, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

Scope of Metformin Hydrochloride Market Report

Report Metric Details
Report Name Metformin Hydrochloride Market
Forecasted market size in 2031 approximately US$ 593 million
CAGR 5.4%
Forecasted years 2025 - 2031
Segment by Type
Segment by Application
  • Metformin Hydrochloride Tablets
  • Metformin Hydrochloride Extended-Release Tablets
  • Others
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
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
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

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: Sales (consumption), revenue of Metformin Hydrochloride in global and regional 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 3: 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 4: 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, sales by region, by Type, by Application, and recent development, 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 by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: 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 14: Research Findings and Conclusion.

FAQ for this report

What is the Metformin Hydrochloride Market size in 2031?

Ans: The Metformin Hydrochloride Market size in 2031 will be approximately US$ 593 million.

What is the market share of major companies in Metformin Hydrochloride Market?

Ans: The global key manufacturers of Metformin Hydrochloride include Keyuan Pharmaceutical, Aarti Drugs and Shijiazhuang Polee, etc, top 3 manufacturers hold a share approximately 36%.

What is the Keyuan Pharmaceutical share in Metformin Hydrochloride Market?

Ans: Keyuan Pharmaceutical is the world's largest Metformin Hydrochloride manufacturer, with a market share of more than 14%.

What is the Metformin Hydrochloride Market share by region?

Ans: India is the largest market with a share of 46%.

What is the Metformin Hydrochloride Market share by type?

Ans: In terms of product type, Metformin HCL is the largest market segment with a share of more than 82%.

What is the Metformin Hydrochloride Market share by application?

Ans: In terms of applications, Metformin Hydrochloride Tablets is the largest downstream segment, with a market share of about 72%.

Who are the main players in the Metformin Hydrochloride Market report?

Ans: The main players in the Metformin Hydrochloride Market are Wanbury, USV, Shouguang Fukang Pharmaceutical, Vistin Pharma, CR Double-Crane, Keyuan Pharmaceutical, Farmhispania Group, Harman Finochem, Shijiazhuang Polee Pharmaceutical, Aarti Drugs, Exemed Pharmaceuticals

What are the Application segmentation covered in the Metformin Hydrochloride Market report?

Ans: The Applications covered in the Metformin Hydrochloride Market report are Metformin Hydrochloride Tablets, Metformin Hydrochloride Extended-Release Tablets, Others

What are the Type segmentation covered in the Metformin Hydrochloride Market report?

Ans: The Types covered in the Metformin Hydrochloride Market report are Metformin HCL, Metformin DC

Recommended Reports

API Hydrochloride Markets

Hydrochloride Formulations

Diabetes & Antidiabetics

1 Study Coverage
1.1 Metformin Hydrochloride Product Introduction
1.2 Market by Type
1.2.1 Global Metformin Hydrochloride Market Size Growth Rate 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 Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Metformin Hydrochloride Tablets
1.3.3 Metformin Hydrochloride Extended-Release Tablets
1.3.4 Others
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Metformin Hydrochloride Market Size Estimates and Forecasts
2.1.1 Global Metformin Hydrochloride Revenue 2020-2031
2.1.2 Global Metformin Hydrochloride Sales 2020-2031
2.2 Metformin Hydrochloride Market Size by Region: 2024 Versus 2031
2.3 Metformin Hydrochloride Sales by Region (2020-2031)
2.3.1 Global Metformin Hydrochloride Sales by Region: 2020-2025
2.3.2 Global Metformin Hydrochloride Sales Forecast by Region (2026-2031)
2.3.3 Global Metformin Hydrochloride Sales Market Share by Region (2020-2031)
2.4 Metformin Hydrochloride Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Metformin Hydrochloride Revenue by Region: 2020-2025
2.4.2 Global Metformin Hydrochloride Revenue Forecast by Region (2026-2031)
2.4.3 Global Metformin Hydrochloride Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Metformin Hydrochloride Sales by Type (2020-2031)
3.1.1.1 Global Metformin Hydrochloride Sales Volume by Type (2020-2031)
3.1.1.2 Global Metformin Hydrochloride Sales Market Share by Type (2020-2031)
3.1.2 Global Metformin Hydrochloride Revenue by Type (2020-2031)
3.1.2.1 Global Metformin Hydrochloride Revenue by Type (2020-2031)
3.1.2.2 Global Metformin Hydrochloride Revenue Market Share by Type (2020-2031)
3.1.3 Metformin Hydrochloride Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Metformin Hydrochloride Sales by Application (2020-2031)
3.2.1.1 Global Metformin Hydrochloride Sales Volume by Application (2020-2031)
3.2.1.2 Global Metformin Hydrochloride Sales Market Share by Application (2020-2031)
3.2.2 Global Metformin Hydrochloride Revenue by Application (2020-2031)
3.2.2.1 Global Metformin Hydrochloride Revenue by Application (2020-2031)
3.2.2.2 Global Metformin Hydrochloride Revenue Market Share by Application (2020-2031)
3.2.3 Metformin Hydrochloride Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Metformin HCL of Metformin Hydrochloride Revenue Market Share by Application
3.3.2 Metformin DC of Metformin Hydrochloride Revenue Market Share by Application
4 Global Metformin Hydrochloride by Manufacturers
4.1 Global Top Metformin Hydrochloride Manufacturers by Sales (2020-2025)
4.1.1 Global Metformin Hydrochloride Sales by Manufacturer (2020-2025)
4.1.2 Global Metformin Hydrochloride Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Metformin Hydrochloride Manufacturers by Revenue (2020-2025)
4.2.1 Global Metformin Hydrochloride Revenue by Manufacturer (2020-2025)
4.2.2 Global Metformin Hydrochloride Revenue Share by Manufacturer (2020-2025)
4.3 Global Metformin Hydrochloride Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Metformin Hydrochloride Manufacturers Covered: Ranking by Revenue
4.4.2 Global Metformin Hydrochloride Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Metformin Hydrochloride Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Metformin Hydrochloride Manufacturing Base Distribution, Product Type
4.5.1 Metformin Hydrochloride Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Metformin Hydrochloride Market
4.5.3 Manufacturers Metformin Hydrochloride Product Type and Application
4.5.4 Metformin HCL Market Sales of Metformin Hydrochloride by Manufacturer
4.5.5 Metformin DC Market Sales of Metformin Hydrochloride by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 Wanbury
5.1.1 Wanbury Company Information
5.1.2 Wanbury Description, Business Overview
5.1.3 Wanbury Metformin Hydrochloride Products Offered
5.1.4 Wanbury Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.1.5 Wanbury Metformin Hydrochloride Sales by Product in 2024
5.1.6 Wanbury Metformin Hydrochloride Sales by Application in 2024
5.1.7 Wanbury Metformin Hydrochloride Sales by Geographic Area in 2024
5.1.8 Wanbury Recent Developments
5.2 USV
5.2.1 USV Company Information
5.2.2 USV Description, Business Overview
5.2.3 USV Metformin Hydrochloride Products Offered
5.2.4 USV Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.2.5 USV Metformin Hydrochloride Sales by Product in 2024
5.2.6 USV Metformin Hydrochloride Sales by Application in 2024
5.2.7 USV Metformin Hydrochloride Sales by Geographic Area in 2024
5.2.8 USV Recent Developments
5.3 Shouguang Fukang Pharmaceutical
5.3.1 Shouguang Fukang Pharmaceutical Company Information
5.3.2 Shouguang Fukang Pharmaceutical Description, Business Overview
5.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Products Offered
5.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales by Product in 2024
5.3.6 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales by Application in 2024
5.3.7 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales by Geographic Area in 2024
5.3.8 Shouguang Fukang Pharmaceutical Recent Developments
5.4 Vistin Pharma
5.4.1 Vistin Pharma Company Information
5.4.2 Vistin Pharma Description, Business Overview
5.4.3 Vistin Pharma Metformin Hydrochloride Products Offered
5.4.4 Vistin Pharma Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Vistin Pharma Metformin Hydrochloride Sales by Product in 2024
5.4.6 Vistin Pharma Metformin Hydrochloride Sales by Application in 2024
5.4.7 Vistin Pharma Metformin Hydrochloride Sales by Geographic Area in 2024
5.4.8 Vistin Pharma Recent Developments
5.5 CR Double-Crane
5.5.1 CR Double-Crane Company Information
5.5.2 CR Double-Crane Description, Business Overview
5.5.3 CR Double-Crane Metformin Hydrochloride Products Offered
5.5.4 CR Double-Crane Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.5.5 CR Double-Crane Metformin Hydrochloride Sales by Product in 2024
5.5.6 CR Double-Crane Metformin Hydrochloride Sales by Application in 2024
5.5.7 CR Double-Crane Metformin Hydrochloride Sales by Geographic Area in 2024
5.5.8 CR Double-Crane Recent Developments
5.6 Keyuan Pharmaceutical
5.6.1 Keyuan Pharmaceutical Company Information
5.6.2 Keyuan Pharmaceutical Description, Business Overview
5.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Products Offered
5.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Keyuan Pharmaceutical Metformin Hydrochloride Sales by Product in 2024
5.6.6 Keyuan Pharmaceutical Metformin Hydrochloride Sales by Application in 2024
5.6.7 Keyuan Pharmaceutical Metformin Hydrochloride Sales by Geographic Area in 2024
5.6.8 Keyuan Pharmaceutical Recent Developments
5.7 Farmhispania Group
5.7.1 Farmhispania Group Company Information
5.7.2 Farmhispania Group Description, Business Overview
5.7.3 Farmhispania Group Metformin Hydrochloride Products Offered
5.7.4 Farmhispania Group Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Farmhispania Group Metformin Hydrochloride Sales by Product in 2024
5.7.6 Farmhispania Group Metformin Hydrochloride Sales by Application in 2024
5.7.7 Farmhispania Group Metformin Hydrochloride Sales by Geographic Area in 2024
5.7.8 Farmhispania Group Recent Developments
5.8 Harman Finochem
5.8.1 Harman Finochem Company Information
5.8.2 Harman Finochem Description, Business Overview
5.8.3 Harman Finochem Metformin Hydrochloride Products Offered
5.8.4 Harman Finochem Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.8.5 Harman Finochem Metformin Hydrochloride Sales by Product in 2024
5.8.6 Harman Finochem Metformin Hydrochloride Sales by Application in 2024
5.8.7 Harman Finochem Metformin Hydrochloride Sales by Geographic Area in 2024
5.8.8 Harman Finochem Recent Developments
5.9 Shijiazhuang Polee Pharmaceutical
5.9.1 Shijiazhuang Polee Pharmaceutical Company Information
5.9.2 Shijiazhuang Polee Pharmaceutical Description, Business Overview
5.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Products Offered
5.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales by Product in 2024
5.9.6 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales by Application in 2024
5.9.7 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales by Geographic Area in 2024
5.9.8 Shijiazhuang Polee Pharmaceutical Recent Developments
5.10 Aarti Drugs
5.10.1 Aarti Drugs Company Information
5.10.2 Aarti Drugs Description, Business Overview
5.10.3 Aarti Drugs Metformin Hydrochloride Products Offered
5.10.4 Aarti Drugs Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Aarti Drugs Metformin Hydrochloride Sales by Product in 2024
5.10.6 Aarti Drugs Metformin Hydrochloride Sales by Application in 2024
5.10.7 Aarti Drugs Metformin Hydrochloride Sales by Geographic Area in 2024
5.10.8 Aarti Drugs Recent Developments
5.11 Exemed Pharmaceuticals
5.11.1 Exemed Pharmaceuticals Company Information
5.11.2 Exemed Pharmaceuticals Description, Business Overview
5.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Products Offered
5.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Exemed Pharmaceuticals Metformin Hydrochloride Sales by Product in 2024
5.11.6 Exemed Pharmaceuticals Metformin Hydrochloride Sales by Application in 2024
5.11.7 Exemed Pharmaceuticals Metformin Hydrochloride Sales by Geographic Area in 2024
5.11.8 Exemed Pharmaceuticals Recent Developments
6 North America
6.1 North America Metformin Hydrochloride Market Size YoY Growth 2020-2031
6.2 North America Metformin Hydrochloride Market Facts & Figures by Country
6.2.1 North America Metformin Hydrochloride Sales by Country (2020-2031)
6.2.2 North America Metformin Hydrochloride Revenue by Country (2020-2031)
6.3 North America Metformin Hydrochloride Sales by Type (2020-2025)
6.4 North America Metformin Hydrochloride Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Metformin Hydrochloride Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Metformin Hydrochloride Market Facts & Figures by Region
7.2.1 Asia-Pacific Metformin Hydrochloride Sales by Region (2020-2031)
7.2.2 Asia-Pacific Metformin Hydrochloride Revenue by Region (2020-2031)
7.3 Asia-Pacific Metformin Hydrochloride Sales by Type (2020-2025)
7.4 Asia-Pacific Metformin Hydrochloride Sales by Application (2020-2025)
8 Europe
8.1 Europe Metformin Hydrochloride Market Size YoY Growth 2020-2031
8.2 Europe Metformin Hydrochloride Market Facts & Figures by Country
8.2.1 Europe Metformin Hydrochloride Sales by Country (2020-2031)
8.2.2 Europe Metformin Hydrochloride Revenue by Country (2020-2031)
8.3 Europe Metformin Hydrochloride Sales by Type (2020-2025)
8.4 Europe Metformin Hydrochloride Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Metformin Hydrochloride Market Size YoY Growth 2020-2031
9.2 Latin America Metformin Hydrochloride Market Facts & Figures by Country
9.2.1 Latin America Metformin Hydrochloride Sales by Country (2020-2031)
9.2.2 Latin America Metformin Hydrochloride Revenue by Country (2020-2031)
9.3 Latin America Metformin Hydrochloride Sales by Type (2020-2025)
9.4 Latin America Metformin Hydrochloride Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Metformin Hydrochloride Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Metformin Hydrochloride Market Facts & Figures by Country
10.2.1 Middle East and Africa Metformin Hydrochloride Sales by Country (2020-2031)
10.2.2 Middle East and Africa Metformin Hydrochloride Revenue by Country (2020-2031)
10.3 Middle East and Africa Metformin Hydrochloride Sales by Type (2020-2025)
10.4 Middle East and Africa Metformin Hydrochloride Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Metformin Hydrochloride Supply Chain Analysis
11.2 Metformin Hydrochloride Key Raw Materials and Upstream Suppliers
11.3 Metformin Hydrochloride Clients Analysis
11.4 Metformin Hydrochloride Sales Channel and Sales Model Analysis
11.4.1 Metformin Hydrochloride Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Metformin Hydrochloride Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Metformin Hydrochloride Distributors
12 Metformin Hydrochloride Market Dynamics
12.1 Metformin Hydrochloride Industry Trends
12.2 Metformin Hydrochloride Market Drivers
12.3 Metformin Hydrochloride Market Challenges
12.4 Metformin Hydrochloride Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
Wanbury
USV
Exemed Pharmaceuticals
Vistin Pharma
Aarti Drugs
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Keyuan Pharmaceutical
CR Double-Crane
Shouguang Fukang Pharmaceutical
List of Tables
 Table 1. Global Metformin Hydrochloride Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Metformin Hydrochloride Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Metformin Hydrochloride Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Metformin Hydrochloride Sales by Region (2020-2025) & (MT)
 Table 5. Global Metformin Hydrochloride Sales Forecast by Region (2026-2031) & (MT)
 Table 6. Global Metformin Hydrochloride Revenue by Region (2020-2025) & (US$ Million)
 Table 7. Global Metformin Hydrochloride Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 8. Global Metformin Hydrochloride Sales Volume by Type (2020-2025) & (MT)
 Table 9. Global Metformin Hydrochloride Sales Volume by Type (2026-2031) & (MT)
 Table 10. Global Metformin Hydrochloride Revenue by Type (2020-2025) & (US$ Million)
 Table 11. Global Metformin Hydrochloride Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 12. Global Metformin Hydrochloride Sales Volume by Application (2020-2025) & (MT)
 Table 13. Global Metformin Hydrochloride Sales Volume by Application (2026-2031) & (MT)
 Table 14. Global Metformin Hydrochloride Revenue by Application (2020-2025) & (US$ Million)
 Table 15. Global Metformin Hydrochloride Revenue by Application (2026-2031) & (US$ Million)
 Table 16. Global Metformin Hydrochloride Sales by Manufacturer (2020-2025) & (MT)
 Table 17. Global Metformin Hydrochloride Sales Share by Manufacturer (2020-2025)
 Table 18. Metformin Hydrochloride Revenue by Manufacturer (2020-2025) & (US$ Million)
 Table 19. Metformin Hydrochloride Revenue Share by Manufacturer (2020-2025)
 Table 20. Key Manufacturers Metformin Hydrochloride Price (2020-2025) & (US$/MT)
 Table 21. Ranking of Global Top Metformin Hydrochloride Manufacturers by Revenue (US$ Million) in 2024
 Table 22. Global Metformin Hydrochloride Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 23. Global Metformin Hydrochloride by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Metformin Hydrochloride as of 2024)
 Table 24. Metformin Hydrochloride Manufacturers Manufacturing Base Distribution and Headquarters
 Table 25. Date of International Manufacturers Enter into Metformin Hydrochloride Market
 Table 26. Manufacturers Metformin Hydrochloride Product Type and Application
 Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 28. Wanbury Company Information
 Table 29. Wanbury Description and Business Overview
 Table 30. Wanbury Metformin Hydrochloride Product
 Table 31. Wanbury Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 32. Wanbury Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 33. Wanbury Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 34. Wanbury Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 35. Wanbury Recent Developments
 Table 36. USV Company Information
 Table 37. USV Description and Business Overview
 Table 38. USV Metformin Hydrochloride Product
 Table 39. USV Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 40. USV Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 41. USV Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 42. USV Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 43. USV Recent Developments
 Table 44. Shouguang Fukang Pharmaceutical Company Information
 Table 45. Shouguang Fukang Pharmaceutical Description and Business Overview
 Table 46. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product
 Table 47. Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 48. Shouguang Fukang Pharmaceutical Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 49. Shouguang Fukang Pharmaceutical Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 50. Shouguang Fukang Pharmaceutical Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 51. Shouguang Fukang Pharmaceutical Recent Developments
 Table 52. Vistin Pharma Company Information
 Table 53. Vistin Pharma Description and Business Overview
 Table 54. Vistin Pharma Metformin Hydrochloride Product
 Table 55. Vistin Pharma Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 56. Vistin Pharma Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 57. Vistin Pharma Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 58. Vistin Pharma Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 59. Vistin Pharma Recent Developments
 Table 60. CR Double-Crane Company Information
 Table 61. CR Double-Crane Description and Business Overview
 Table 62. CR Double-Crane Metformin Hydrochloride Product
 Table 63. CR Double-Crane Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 64. CR Double-Crane Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 65. CR Double-Crane Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 66. CR Double-Crane Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 67. CR Double-Crane Recent Developments
 Table 68. Keyuan Pharmaceutical Company Information
 Table 69. Keyuan Pharmaceutical Description and Business Overview
 Table 70. Keyuan Pharmaceutical Metformin Hydrochloride Product
 Table 71. Keyuan Pharmaceutical Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 72. Keyuan Pharmaceutical Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 73. Keyuan Pharmaceutical Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 74. Keyuan Pharmaceutical Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 75. Keyuan Pharmaceutical Recent Developments
 Table 76. Farmhispania Group Company Information
 Table 77. Farmhispania Group Description and Business Overview
 Table 78. Farmhispania Group Metformin Hydrochloride Product
 Table 79. Farmhispania Group Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 80. Farmhispania Group Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 81. Farmhispania Group Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 82. Farmhispania Group Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 83. Farmhispania Group Recent Developments
 Table 84. Harman Finochem Company Information
 Table 85. Harman Finochem Description and Business Overview
 Table 86. Harman Finochem Metformin Hydrochloride Product
 Table 87. Harman Finochem Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 88. Harman Finochem Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 89. Harman Finochem Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 90. Harman Finochem Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 91. Harman Finochem Recent Developments
 Table 92. Shijiazhuang Polee Pharmaceutical Company Information
 Table 93. Shijiazhuang Polee Pharmaceutical Description and Business Overview
 Table 94. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product
 Table 95. Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 96. Shijiazhuang Polee Pharmaceutical Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 97. Shijiazhuang Polee Pharmaceutical Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 98. Shijiazhuang Polee Pharmaceutical Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 99. Shijiazhuang Polee Pharmaceutical Recent Developments
 Table 100. Aarti Drugs Company Information
 Table 101. Aarti Drugs Description and Business Overview
 Table 102. Aarti Drugs Metformin Hydrochloride Product
 Table 103. Aarti Drugs Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 104. Aarti Drugs Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 105. Aarti Drugs Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 106. Aarti Drugs Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 107. Aarti Drugs Recent Developments
 Table 108. Exemed Pharmaceuticals Company Information
 Table 109. Exemed Pharmaceuticals Description and Business Overview
 Table 110. Exemed Pharmaceuticals Metformin Hydrochloride Product
 Table 111. Exemed Pharmaceuticals Metformin Hydrochloride Sales (MT), Revenue (US$ Million), Price (US$/MT) and Gross Margin (2020-2025)
 Table 112. Exemed Pharmaceuticals Sales Proportion of Metformin Hydrochloride by Product in 2024
 Table 113. Exemed Pharmaceuticals Sales Proportion of Metformin Hydrochloride by Application in 2024
 Table 114. Exemed Pharmaceuticals Sales Proportion of Metformin Hydrochloride by Geographic Area in 2024
 Table 115. Exemed Pharmaceuticals Recent Developments
 Table 116. North America Metformin Hydrochloride Sales by Country (2020-2025) & (MT)
 Table 117. North America Metformin Hydrochloride Sales by Country (2026-2031) & (MT)
 Table 118. North America Metformin Hydrochloride Revenue by Country (2020-2025) & (US$ Million)
 Table 119. North America Metformin Hydrochloride Revenue by Country (2026-2031) & (US$ Million)
 Table 120. North America Metformin Hydrochloride Sales by Type (2020-2025) & (MT)
 Table 121. North America Metformin Hydrochloride Sales by Application (2020-2025) & (MT)
 Table 122. Asia-Pacific Metformin Hydrochloride Sales by Region (2020-2025) & (MT)
 Table 123. Asia-Pacific Metformin Hydrochloride Sales by Region (2026-2031) & (MT)
 Table 124. Asia-Pacific Metformin Hydrochloride Revenue by Region (2020-2025) & (US$ Million)
 Table 125. Asia-Pacific Metformin Hydrochloride Revenue by Region (2026-2031) & (US$ Million)
 Table 126. Asia-Pacific Metformin Hydrochloride Sales by Type (2020-2025) & (MT)
 Table 127. Asia-Pacific Metformin Hydrochloride Sales by Application (2020-2025) & (MT)
 Table 128. Europe Metformin Hydrochloride Sales by Country (2020-2025) & (MT)
 Table 129. Europe Metformin Hydrochloride Sales by Country (2026-2031) & (MT)
 Table 130. Europe Metformin Hydrochloride Revenue by Country (2020-2025) & (US$ Million)
 Table 131. Europe Metformin Hydrochloride Revenue by Country (2026-2031) & (US$ Million)
 Table 132. Europe Metformin Hydrochloride Sales by Type (2020-2025) & (MT)
 Table 133. Europe Metformin Hydrochloride Sales by Application (2020-2025) & (MT)
 Table 134. Latin America Metformin Hydrochloride Sales by Country (2020-2025) & (MT)
 Table 135. Latin America Metformin Hydrochloride Sales by Country (2026-2031) & (MT)
 Table 136. Latin America Metformin Hydrochloride Revenue by Country (2020-2025) & (US$ Million)
 Table 137. Latin America Metformin Hydrochloride Revenue by Country (2026-2031) & (US$ Million)
 Table 138. Latin America Metformin Hydrochloride Sales by Type (2020-2025) & (MT)
 Table 139. Latin America Metformin Hydrochloride Sales by Application (2020-2025) & (MT)
 Table 140. Middle East and Africa Metformin Hydrochloride Sales by Country (2020-2025) & (MT)
 Table 141. Middle East and Africa Metformin Hydrochloride Sales by Country (2026-2031) & (MT)
 Table 142. Middle East and Africa Metformin Hydrochloride Revenue by Country (2020-2025) & (US$ Million)
 Table 143. Middle East and Africa Metformin Hydrochloride Revenue by Country (2026-2031) & (US$ Million)
 Table 144. Middle East and Africa Metformin Hydrochloride Sales by Type (2020-2025) & (MT)
 Table 145. Middle East and Africa Metformin Hydrochloride Sales by Application (2020-2025) & (MT)
 Table 146. Metformin Hydrochloride Key Raw Materials, Industry Status and Trend
 Table 147. Metformin Hydrochloride Key Raw Materials and Upstream Suppliers
 Table 148. Metformin Hydrochloride Clients Status and Trend
 Table 149. Metformin Hydrochloride Typical Clients
 Table 150. Metformin Hydrochloride Distributors
 Table 151. Metformin Hydrochloride Market Trends
 Table 152. Metformin Hydrochloride Market Drivers
 Table 153. Metformin Hydrochloride Market Challenges
 Table 154. Metformin Hydrochloride Market Restraints
 Table 155. Research Programs/Design for This Report
 Table 156. Key Data Information from Secondary Sources
 Table 157. Key Data Information from Primary Sources
 Table 158. QYR Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Metformin Hydrochloride Product Picture
 Figure 2. Global Metformin Hydrochloride Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Metformin Hydrochloride Sales Market Share by Type in 2024 & 2031
 Figure 4. Metformin HCL Product Picture
 Figure 5. Metformin DC Product Picture
 Figure 6. Global Metformin Hydrochloride Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 7. Global Metformin Hydrochloride Sales Market Share by Application in 2024 & 2031
 Figure 8. Metformin Hydrochloride Tablets
 Figure 9. Metformin Hydrochloride Extended-Release Tablets
 Figure 10. Others
 Figure 11. Metformin Hydrochloride Report Years Considered
 Figure 12. Global Metformin Hydrochloride Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 13. Global Metformin Hydrochloride Market Size 2020-2031 (US$ Million)
 Figure 14. Global Metformin Hydrochloride Sales 2020-2031 (MT)
 Figure 15. Global Metformin Hydrochloride Sales Market Share Forecast by Region (2020-2031)
 Figure 16. Global Metformin Hydrochloride Revenue Market Share by Region (2020-2031)
 Figure 17. Global Metformin Hydrochloride Sales Market Share Forecast by Type (2020-2031)
 Figure 18. Global Metformin Hydrochloride Revenue Market Share Forecast by Type (2020-2031)
 Figure 19. Metformin Hydrochloride Average Selling Price (ASP) by Type (2020-2025) & (US$/MT)
 Figure 20. Global Metformin Hydrochloride Sales Market Share Forecast by Application (2020-2031)
 Figure 21. Global Metformin Hydrochloride Revenue Market Share Forecast by Application (2020-2031)
 Figure 22. Metformin Hydrochloride Average Selling Price (ASP) by Application (2020-2025) & (US$/MT)
 Figure 23. Metformin HCL of Metformin Hydrochloride Revenue Market Share by Application, 2024 VS 2031
 Figure 24. Metformin DC of Metformin Hydrochloride Revenue Market Share by Application, 2024 VS 2031
 Figure 25. Global Metformin Hydrochloride Sales Share by Manufacturer in 2024
 Figure 26. Metformin Hydrochloride Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 27. Metformin HCL Market Sales Proportion by Manufacturer in 2024
 Figure 28. Metformin DC Market Sales Proportion by Manufacturer in 2024
 Figure 29. North America Metformin Hydrochloride Revenue 2020-2031 (US$ Million)
 Figure 30. North America Metformin Hydrochloride Sales Market Share by Type (2020-2025)
 Figure 31. North America Metformin Hydrochloride Sales Market Share by Application (2020-2025)
 Figure 32. Asia-Pacific Metformin Hydrochloride Revenue 2020-2031 (US$ Million)
 Figure 33. Asia-Pacific Metformin Hydrochloride Sales Market Share by Region (2020-2031)
 Figure 34. Asia-Pacific Metformin Hydrochloride Revenue Market Share by Region (2020-2031)
 Figure 35. Asia-Pacific Metformin Hydrochloride Sales Market Share by Type (2020-2025)
 Figure 36. Asia-Pacific Metformin Hydrochloride Sales Market Share by Application (2020-2025)
 Figure 37. Europe Metformin Hydrochloride Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 38. Europe Metformin Hydrochloride Sales Market Share by Country (2020-2031)
 Figure 39. Europe Metformin Hydrochloride Revenue Market Share by Country (2020-2031)
 Figure 40. Europe Metformin Hydrochloride Sales Market Share by Type (2020-2025)
 Figure 41. Europe Metformin Hydrochloride Sales Market Share by Application (2020-2025)
 Figure 42. Latin America Metformin Hydrochloride Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 43. Latin America Metformin Hydrochloride Sales Market Share by Country (2020-2031)
 Figure 44. Latin America Metformin Hydrochloride Revenue Market Share by Country (2020-2025)
 Figure 45. Latin America Metformin Hydrochloride Sales Market Share by Type (2020-2025)
 Figure 46. Latin America Metformin Hydrochloride Sales Market Share by Application (2020-2025)
 Figure 47. Middle East and Africa Metformin Hydrochloride Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 48. Middle East and Africa Metformin Hydrochloride Sales Market Share by Country (2020-2031)
 Figure 49. Middle East and Africa Metformin Hydrochloride Revenue Market Share by Country (2020-2031)
 Figure 50. Middle East and Africa Metformin Hydrochloride Sales Market Share by Type (2020-2025)
 Figure 51. Middle East and Africa Metformin Hydrochloride Sales Market Share by Application (2020-2025)
 Figure 52. Metformin Hydrochloride Supply Chain (Upstream and Downstream Market)
 Figure 53. Global Production Market Share of Metformin Hydrochloride Raw Materials by Region in 2024
 Figure 54. Metformin Hydrochloride Distribution Channels
 Figure 55. Global Metformin Hydrochloride Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 56. Global Metformin Hydrochloride Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 57. Bottom-up and Top-down Approaches for This Report
 Figure 58. Data Triangulation
 Figure 59. Key Executives Interviewed
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