In 2021, the volume of rice syrup market worldwide increased by 2.9% YoY to 307.6 kilo tons. By the end of 2032, sales of rice syrup are expected to have increased at a compound annual growth rate (CAGR) of 4.5% and be valued at US$ 1.09 billion.
According to Fact.MR's in-depth analysis, the consumption of rice syrup is projected to represent around 10% of the value of the worldwide syrup market between 2022 and 2032.
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Demand for rice syrup, a natural sweetener made from rice starch, is rising as customers look for healthier substitutes for conventional sweeteners. This popular piece explores the variables propelling the rice syrup industry's expansion and how changing customer tastes are influencing its course.
Health-Conscious Consumer Preferences:
As people become more aware of the dangers refined sugars pose to their health, they are substituting natural sweeteners like rice syrup. We look at how the demand for rice syrup as a healthier substitute is being driven by health-conscious trends.
Key Companies Profiled:
- ABF Ingredients, Ltd
- Archer-Daniels-Midland Company
- Axiom Foods, Inc.
- Bharat Glucose Pvt. Ltd.
- California Natural Products Inc.
- Cargill Incorporated
- Ciranda
- Gehl Food
- Glucorp
- GoMacro LLC
- Gulshan Polyols Ltd.
- Habib Rice Products Ltd.
- IFPC
- Lundberg Family Farms
- Matco Foods Limited
- Nature Bio-Foods Ltd
- naVitalo
- Om Foods Inc.
- Shafi Gluco Chem (Pvt) Ltd
- Sweet Additions
- Windmill Organics Ltd.
- Wuhu Deli Foods Co., Ltd.
- Wuhu Haoyikuai Food Co., Ltd
Clean Label Movement:
Rice syrup is becoming a popular natural sweetener as customers seek out transparent, minimal ingredient products with clean labels. We investigate the impact of the clean label movement on food and beverage firms' adoption of rice syrup.
Appealing to Vegans and Gluten-Free Eaters:
Rice syrup appeals to customers with dietary preferences or restrictions because it is both vegan and gluten-free. We talk about how these characteristics are helping the business grow, especially in the plant-based food industry.
Sustainability and Ethical Sourcing:
Customers are looking for products that are sourced using environmentally conscious methods due to worries about sustainability. We look into how, in response to customer demands, the rice syrup business is embracing ethical sourcing procedures and solving sustainability challenges.
Read More: https://www.factmr.com/report/rice-syrup-market
Competitive Landscape:
The market leaders in terms of total investments made in rice syrup have not slowed down, and they are eager to continue creating chances for future income generation in their target markets. To target the price-sensitive and expanding market in the Asian subcontinent, Tier-2 businesses have likewise been quietly cutting their margins.
In the recently released report, Fact.MR has supplied comprehensive details regarding the overall tactics used by participants in the rice syrup market, as well as their detailed overviews, which include SWOT analysis and revenue generated from targeted rice syrup products of top rice syrup manufacturers positioned across geographies. They have also provided information regarding sales growth, production capacity, and speculative production expansion.
Creative Uses and Product Development:
Rice syrup has a wide range of uses in a variety of food and beverage categories, including confections, baked goods, and beverages. We examine the most recent technological advancements and product releases that are propelling the rice syrup market's growth in a variety of sectors.
Key Segments in Rice Syrup Industry Analysis:
- Rice Syrup Market by Product Type:
- Conventional Rice Syrup
- Organic Rice Syrup
- Rice Syrup Market by Dextrose Equivalent (DE):
- 28 DE
- 42 DE
- 45 DE
- 60 DE
- Rice Syrup Market by Source:
- White Rice
- Brown Rice
- Rice Syrup Market by Function:
- Natural Sweeteners
- Binders/Stabilizers/Thickeners
- Humectants
- Others
- Rice Syrup Market by Maltose Content:
- Low Maltose (<36 g/100g) Rice Syrup
- High Maltose (>36 g/100g) Rice Syrup
- Rice Syrup Market by Form:
- Solid Rice Syrup
- Liquid Rice Syrup
- Rice Syrup Market by Application:
- Food & Beverages
- Food
- Bakeries
- Confectioneries
- Ice Creams & Desserts
- Dairy Products
- Meat, Poultry and Seafood
- Cereal & Energy Bars
- Beverages
- Food
- Nutrition
- Nutraceuticals & Supplements
- Infant Formula
- Pharmaceuticals
- Food & Beverages
- Rice Syrup Market by Region:
- North America Rice Syrup Market
- Latin America Rice Syrup Market
- Europe Rice Syrup Market
- East Asia Rice Syrup Market
- South Asia & Oceania Rice Syrup Market
- Middle East & Africa Rice Syrup Market
The market for rice syrup is expanding quickly due to consumer shifts in favor of natural, healthy, and sustainable sweeteners. The future is bright for this adaptable ingredient in the global food and beverage sector as producers keep coming up with new ideas and growing the range of products they provide.