Press release
Metformin Hydrochloride Market Size, Share, Development by 2024
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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.
Scope of the Report:
For the API product, there are many manufacturers in India, China, and Europe, such as Wanbury, USV, Shouguang Fukang Pharmaceutical, Vistin Pharma, CR Double-Crane and Keyuan Pharmaceutical. Among them, Wanbury and USV are global leading manufacturers with capacity nearly 10000 MT relatively.
Global Metformin hydrochloride consumption is mainly concentrated in Asia Pacific. In 2018, Asia Pacific Metformin hydrochloride consumption took about 61.30%. Followed by Europe with sales share of 14.98%.
The worldwide market for Metformin Hydrochloride is expected to grow at a CAGR of roughly 4.5% over the next five years, will reach 340 million US$ in 2024, from 280 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Metformin Hydrochloride in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
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 Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Metformin HCL
Metformin DC
Market Segment by Applications, can be divided into
Metformin Hydrochloride Tablets
Metformin Hydrochloride Extended-Release Tablets
Others form
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https://www.globalinforesearch.com/global-metformin-hydrochloride-market_p107669.html(BNNT)-market_p107663.html
Related Information:
North America Metformin Hydrochloride Market Growth 2019-2024
United States Metformin Hydrochloride Market Growth 2019-2024
Asia-Pacific Metformin Hydrochloride Market Growth 2019-2024
Europe Metformin Hydrochloride Market Growth 2019-2024
EMEA Metformin Hydrochloride Market Growth 2019-2024
Global Metformin Hydrochloride Market Growth 2019-2024
China Metformin Hydrochloride Market Growth 2019-2024
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