The global demand for Rice Syrup Market is presumed to reach the market size of nearly USD 3.08 Billion by 2032 from USD 2.13 Billion in 2023 with a CAGR of 4.19% under the study period 2024 - 2032. By volume, the market was estimated XX Tons in 2023 and is expected to reach XX Tons by 2032 with a CAGR of XX%.
Rice syrup, also known as rice malt, is a sweetener which is rich in compounds like sugars. Rice syrups are processed by break down of the starch that is derived from the components in the rice. Rice syrups are used as sweet enhancers or sweeteners because of the presence of an excessive concentration of starch. Rice syrups are manufactured from brown rice and white rice.
Market Dynamics
The increasing demand for rice syrup from the food processing industry as it is used as a sweetener is stimulating the market growth. Moreover, rising demand from end-use industries such as bakeries and confectionaries and beverages as it is used as a sweetener in such processed food is further fueling the market growth. However, high glycemic index and lack of nutrients present in rice syrup could challenge the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of rice syrup.
Market Segmentation
The study offers a decisive view of the global rice syrup market by segmenting it in terms of nature, raw material type, and end-use. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Nature
By Raw Material Type
By End-Use
- Bakeries
- Confectionaries
- Beverages
- Desserts & Dairy Products
- Infant Formulae
- Food Services
Regional Analysis
This section covers rice syrup market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global rice syrup market along with the individual application segment across all the prominent region.
Global Rice Syrup Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global rice syrup market are ABF Archer Daniels Midland, Wuhu Haoyikuai Food Co. Ltd., ABF Ingredients, GulshanPolyols Ltd., Nature’s One Inc., Axiom Foods, Wuhu Deli Foods Co. Ltd., Cargill Incorporated, Suzanne’s Specialties, California Natural products (CNP). This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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