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Chemical & Material Global Metformin Hydrochloride Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4654813
    • |
  • 05 December, 2025
    • |
  • Global
    • |
  • 123 Pages
    • |
  • GIR
    • |
  • Chemical & Material

According to our (Global Info Research) latest study, the global Metformin Hydrochloride market size was valued at US$ 423 million in 2024 and is forecast to a readjusted size of USD 605 million by 2031 with a CAGR of 5.3% during review period.
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%.
This report is a detailed and comprehensive analysis for global Metformin Hydrochloride market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Metformin Hydrochloride market size and forecasts, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Metformin Hydrochloride market size and forecasts by region and country, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Metformin Hydrochloride market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (MT), and average selling prices (US$/MT), 2020-2031
Global Metformin Hydrochloride market shares of main players, shipments in revenue ($ Million), sales quantity (MT), and ASP (US$/MT), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Metformin Hydrochloride
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Metformin Hydrochloride market based on the following parameters - company overview, sales quantity, revenue, 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, Shijiazhuang Polee Pharmaceutical, Aarti Drugs, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Metformin Hydrochloride market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Metformin HCL
Metformin DC
Market segment by Application
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others
Major players covered
Wanbury
USV
Shouguang Fukang Pharmaceutical
Vistin Pharma
CR Double-Crane
Keyuan Pharmaceutical
Farmhispania Group
Harman Finochem
Shijiazhuang Polee Pharmaceutical
Aarti Drugs
Exemed Pharmaceuticals
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Metformin Hydrochloride product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Metformin Hydrochloride, with price, sales quantity, revenue, and global market share of Metformin Hydrochloride from 2020 to 2025.
Chapter 3, the Metformin Hydrochloride competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Metformin Hydrochloride breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Metformin Hydrochloride market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Metformin Hydrochloride.
Chapter 14 and 15, to describe Metformin Hydrochloride sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Metformin Hydrochloride Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Metformin HCL
    • 1.3.3 Metformin DC
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Metformin Hydrochloride Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Metformin Hydrochloride Tablets
    • 1.4.3 Metformin Hydrochloride Extended-Release Tablets
    • 1.4.4 Others
  • 1.5 Global Metformin Hydrochloride Market Size & Forecast
    • 1.5.1 Global Metformin Hydrochloride Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Metformin Hydrochloride Sales Quantity (2020-2031)
    • 1.5.3 Global Metformin Hydrochloride Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 Wanbury
    • 2.1.1 Wanbury Details
    • 2.1.2 Wanbury Major Business
    • 2.1.3 Wanbury Metformin Hydrochloride Product and Services
    • 2.1.4 Wanbury Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 Wanbury Recent Developments/Updates
  • 2.2 USV
    • 2.2.1 USV Details
    • 2.2.2 USV Major Business
    • 2.2.3 USV Metformin Hydrochloride Product and Services
    • 2.2.4 USV Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 USV Recent Developments/Updates
  • 2.3 Shouguang Fukang Pharmaceutical
    • 2.3.1 Shouguang Fukang Pharmaceutical Details
    • 2.3.2 Shouguang Fukang Pharmaceutical Major Business
    • 2.3.3 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Product and Services
    • 2.3.4 Shouguang Fukang Pharmaceutical Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Shouguang Fukang Pharmaceutical Recent Developments/Updates
  • 2.4 Vistin Pharma
    • 2.4.1 Vistin Pharma Details
    • 2.4.2 Vistin Pharma Major Business
    • 2.4.3 Vistin Pharma Metformin Hydrochloride Product and Services
    • 2.4.4 Vistin Pharma Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Vistin Pharma Recent Developments/Updates
  • 2.5 CR Double-Crane
    • 2.5.1 CR Double-Crane Details
    • 2.5.2 CR Double-Crane Major Business
    • 2.5.3 CR Double-Crane Metformin Hydrochloride Product and Services
    • 2.5.4 CR Double-Crane Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 CR Double-Crane Recent Developments/Updates
  • 2.6 Keyuan Pharmaceutical
    • 2.6.1 Keyuan Pharmaceutical Details
    • 2.6.2 Keyuan Pharmaceutical Major Business
    • 2.6.3 Keyuan Pharmaceutical Metformin Hydrochloride Product and Services
    • 2.6.4 Keyuan Pharmaceutical Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 Keyuan Pharmaceutical Recent Developments/Updates
  • 2.7 Farmhispania Group
    • 2.7.1 Farmhispania Group Details
    • 2.7.2 Farmhispania Group Major Business
    • 2.7.3 Farmhispania Group Metformin Hydrochloride Product and Services
    • 2.7.4 Farmhispania Group Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Farmhispania Group Recent Developments/Updates
  • 2.8 Harman Finochem
    • 2.8.1 Harman Finochem Details
    • 2.8.2 Harman Finochem Major Business
    • 2.8.3 Harman Finochem Metformin Hydrochloride Product and Services
    • 2.8.4 Harman Finochem Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Harman Finochem Recent Developments/Updates
  • 2.9 Shijiazhuang Polee Pharmaceutical
    • 2.9.1 Shijiazhuang Polee Pharmaceutical Details
    • 2.9.2 Shijiazhuang Polee Pharmaceutical Major Business
    • 2.9.3 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Product and Services
    • 2.9.4 Shijiazhuang Polee Pharmaceutical Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Shijiazhuang Polee Pharmaceutical Recent Developments/Updates
  • 2.10 Aarti Drugs
    • 2.10.1 Aarti Drugs Details
    • 2.10.2 Aarti Drugs Major Business
    • 2.10.3 Aarti Drugs Metformin Hydrochloride Product and Services
    • 2.10.4 Aarti Drugs Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Aarti Drugs Recent Developments/Updates
  • 2.11 Exemed Pharmaceuticals
    • 2.11.1 Exemed Pharmaceuticals Details
    • 2.11.2 Exemed Pharmaceuticals Major Business
    • 2.11.3 Exemed Pharmaceuticals Metformin Hydrochloride Product and Services
    • 2.11.4 Exemed Pharmaceuticals Metformin Hydrochloride Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Exemed Pharmaceuticals Recent Developments/Updates

3 Competitive Environment: Metformin Hydrochloride by Manufacturer

  • 3.1 Global Metformin Hydrochloride Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Metformin Hydrochloride Revenue by Manufacturer (2020-2025)
  • 3.3 Global Metformin Hydrochloride Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Metformin Hydrochloride by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Metformin Hydrochloride Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Metformin Hydrochloride Manufacturer Market Share in 2024
  • 3.5 Metformin Hydrochloride Market: Overall Company Footprint Analysis
    • 3.5.1 Metformin Hydrochloride Market: Region Footprint
    • 3.5.2 Metformin Hydrochloride Market: Company Product Type Footprint
    • 3.5.3 Metformin Hydrochloride Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Metformin Hydrochloride Market Size by Region
    • 4.1.1 Global Metformin Hydrochloride Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Metformin Hydrochloride Consumption Value by Region (2020-2031)
    • 4.1.3 Global Metformin Hydrochloride Average Price by Region (2020-2031)
  • 4.2 North America Metformin Hydrochloride Consumption Value (2020-2031)
  • 4.3 Europe Metformin Hydrochloride Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Metformin Hydrochloride Consumption Value (2020-2031)
  • 4.5 South America Metformin Hydrochloride Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Metformin Hydrochloride Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Metformin Hydrochloride Sales Quantity by Type (2020-2031)
  • 5.2 Global Metformin Hydrochloride Consumption Value by Type (2020-2031)
  • 5.3 Global Metformin Hydrochloride Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Metformin Hydrochloride Sales Quantity by Application (2020-2031)
  • 6.2 Global Metformin Hydrochloride Consumption Value by Application (2020-2031)
  • 6.3 Global Metformin Hydrochloride Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Metformin Hydrochloride Sales Quantity by Type (2020-2031)
  • 7.2 North America Metformin Hydrochloride Sales Quantity by Application (2020-2031)
  • 7.3 North America Metformin Hydrochloride Market Size by Country
    • 7.3.1 North America Metformin Hydrochloride Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Metformin Hydrochloride Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Metformin Hydrochloride Sales Quantity by Type (2020-2031)
  • 8.2 Europe Metformin Hydrochloride Sales Quantity by Application (2020-2031)
  • 8.3 Europe Metformin Hydrochloride Market Size by Country
    • 8.3.1 Europe Metformin Hydrochloride Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Metformin Hydrochloride Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Metformin Hydrochloride Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Metformin Hydrochloride Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Metformin Hydrochloride Market Size by Region
    • 9.3.1 Asia-Pacific Metformin Hydrochloride Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Metformin Hydrochloride Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Metformin Hydrochloride Sales Quantity by Type (2020-2031)
  • 10.2 South America Metformin Hydrochloride Sales Quantity by Application (2020-2031)
  • 10.3 South America Metformin Hydrochloride Market Size by Country
    • 10.3.1 South America Metformin Hydrochloride Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Metformin Hydrochloride Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Metformin Hydrochloride Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Metformin Hydrochloride Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Metformin Hydrochloride Market Size by Country
    • 11.3.1 Middle East & Africa Metformin Hydrochloride Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Metformin Hydrochloride Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Metformin Hydrochloride Market Drivers
  • 12.2 Metformin Hydrochloride Market Restraints
  • 12.3 Metformin Hydrochloride Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Metformin Hydrochloride and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Metformin Hydrochloride
  • 13.3 Metformin Hydrochloride Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Metformin Hydrochloride Typical Distributors
  • 14.3 Metformin Hydrochloride Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Metformin Hydrochloride. Industry analysis & Market Report on Metformin Hydrochloride is a syndicated market report, published as Global Metformin Hydrochloride Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Metformin Hydrochloride market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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