Rice-syrup-marketis expected to witness market growth at a rate of 4.46% the forecast period of 2022 to 2029
Rice-syrup-marketScope and Market Size
Product manufacturers are working hard to increase the production of organic foods. Following the coronavirus outbreak, there is a surge in demand for such products. Small and medium-sized product manufacturers are capitalizing on the growing trend of consuming packaged food items to establish their occurrence in the global market.
Data Bridge Market Research analyses that the rice syrup market was valued at USD 1.6 billion in 2021 and is expected to reach the value of USD 2.27 billion by 2029, at a CAGR of 4.46% during the forecast period of 2022 to 2029.
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Some of the key questions answered in this report:
· What are the key regional markets?
· What is the breakup of the market based on the procedure?
· What is the breakup of the market based on the injury location?
· What is the breakup of the market based on the end user?
· What are the various stages in the value chain of the industry?
· What are the key driving factors and challenges in the industry?
· Market Analysis and Insights: Rice-syrup-market
Rice Syrup Market Dynamics
Drivers
· Growing popularity for plant-based sweeteners
The demand for natural plant-based sweeteners is a major factor driving revenue opportunities for manufacturers in the global rice syrup market. The growing use of rice syrup in the food processing industry is expected to create value-added opportunities for manufacturers. Rice syrups are widely used in the food and beverage industries as a natural sweetener. This factor will most likely drive market growth in the coming years. Furthermore, innovative product offerings are expected to fuel the market in the near future, particularly in the United States, where rice syrup has recently been accepted as a natural sweetener. The growing popularity of rice syrup as a natural sweetener is driving product demand.
· Rising popularity of convenience food products due to hectic lifestyle
Rapid urbanisation, changing food habits, rising popularity of packaged food items, and consumer awareness of clean label products are among the factors driving demand for rice syrups in developing economies. The rising popularity of convenience foods as a result of today's hectic lifestyle is a major factor increasing the growth of the rice syrup market. Rice syrup is increasingly being used to add texture to foods such as bakery and confectionary. Rice syrups have a long shelf life, which is another factor attracting food manufacturers to use them in packaged food items. To stay ahead of the global rice syrup market competition, market players are focusing on product development and innovative strategies.
Opportunity
During the COVID-19 pandemic, consumers are more concerned about their food. The rising number of COVID-19 cases is expected to boost demand for natural and organic foods. Plant-based foods are in high demand among health-conscious consumers in developing countries. Due to rising global consumption, market stakeholders from various countries have been working tirelessly to increase the production of plant-based foods. Manufacturing companies in the food and beverage sector are using a strategic approach to generate lucrative revenue opportunities. Many health practitioners around the world use this low-calorie sweetener with high fructose content.
Restraints
However, factors such as the negative effects of the product could impede the growth of the rice syrup market during the forecast period.
This Rice syrup Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Rice syrup Market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
A significant rice-syrup-market report uses SWOT analysis technique for an assessment of development of the most remarkable market players. In this marketing report, the market is also well analyzed on the basis of numerous regions. For reaching towards the success at local, regional as well as international level, this high quality market research report is a definitive solution. The data and information about ABC industry are taken from reliable sources such as websites, annual reports of the companies, and journals, and then validated by the market experts. The top notch Rice-syrup-markethas the powerful insights and data that helps outshine the competition.
COVID-19 Impact on Rice Syrup Market
Following the recent COVID-19 outbreak, several major rice exporting countries enacted policies to ensure adequate domestic supply. Some countries have also halted awarding new contracts for rice exports in 2020. Mobility and logistics have been hampered by social distancing regulations, which have reduced rice availability in many countries' domestic markets and contributed to lower export volumes. As a result, the market for rice products and rice syrup has been severely impacted. Rice export prices rose sharply, as they had during previous price shocks, threatening the food security of countries that rely on rice imports. Although rice export restrictions were eased and quarantine measures were relaxed, rice prices in some regions continued relatively high, resulting in a decrease in rice product consumption.
The realistic report Rice-syrup-marketis an entire background analysis of the ABC industry, which includes an estimation of the parental market. This market document has CAGR value fluctuations during the forecast period of 2021-2022 to 2029 for the market. The report consists of remarkable data, present market trends, market environment, technological innovation, upcoming technologies and the technical progress in the related industry. Thus, for better decision making and thriving business growth, the data and information covered in this market report is very imperative. Rice-syrup-market research report consists of information about historic data, present market trends, environment, technological innovation, upcoming technologies, and the technical progress in the related industry.
Rice-syrup-marketCountry Level Analysis
The countries covered in the Rice syrup Market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Rice-syrup-marketShare Analysis
Global Rice Syrup Market By Type (Brown Rice, White Rice), Category (Organic, Conventional), Application (Bakery & Confectionary, Beverages, Desert & Dairy Products, Meat, Poultry & Seafood Products, Infant Formula, Others) – Industry Trends and Forecast to 2029
Key player Rice-syrup-market
Some of the major players operating in the Rice syrup Market are:
- Suzanne’s Specialties Inc. (U.S)
- Nature’s One (U.S)
- Wuhu Deli Foods Co. Ltd. (China)
- Axiom Foods, Inc. (U.S)
- CP Kelco Inc (U.S)
- Associated British Foods Plc (UK)
- Cargill, Incorporated (U.S)
- ADM (U.S)
- Wuhu Haoyikuai Food Co. Ltd. (China)
- Gulshan Polyols Ltd. (India)
- Habib Rice Products Ltd. (Pakistan)
- Nature Bio-Foods Ltd. (Netherlands)
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MAJOR TOC OF THE REPORT
· Chapter One: Introduction
· Chapter Two: Market Segmentation
· Chapter Three: Market Overview
· Chapter Four: Executive Summary
· Chapter Five: Premium Insights
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https://www.databridgemarketresearch.com/toc/?dbmr=global-rice-syrup-market
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