Rice Syrup Market
Global Rice Syrup Market Size, Share & Trends Analysis Report by Type (Brown Rice and White Rice), By Nature (Organic and Conventional), and by Application(Bakery and Confectionery, Beverages, Dessert and Dairy, Meat, Poultry, and Seafood, and Instant Formula) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
The global rice syrup market is anticipated to grow at a significant CAGR of 4.4% during the forecast period. Rice syrup is used as a sugar alternative in beverages, desserts, and dairy products. Brown rice syrups are most demanded by the consumers due to their health benefits and light sweet tasting. The brown rice syrup is a natural sweetener made from rice of Oryza Sativa (Asian Rice) origin, which is allergen-free. Brown rice syrup is also known as rice malt syrup. The increasing demand for plant-based sweeteners with natural components such as rice syrup among health-conscious consumers is the key factors surging its demand leading to market growth. Organic/plant-based rice syrup is considered a low-calorie sweetener and widely used as an alternative to high fructose corn syrup. The increasing adoption of rice syrup in the food and beverages industry for making beverages, snacks, breakfast cereal, and dairy products, and consumer inclination towards low sugar diet due to diabetes, high blood pressure which is increasing the demand of rice syrup among the consumers are the key factors for the growth of global rice syrup market during the forecast period.
Impact of COVID-19 Pandemic on Global Rice Syrup Market
The demand for rice syrup has been decreased during COVID-19 due to trade restrictions and strict government regulations. Food processing industry halted their production due to which the market of rice syrup was declined. The production units were also closed and the distribution channels were also not operating due to which it was difficult for the consumers to purchase the rice syrup which leads to a decrease in growth of global rice syrup market. Post COVID-19 the demand for organic or plant-based syrups such as rice syrups is likely to consumer inclination towards adoption of organic products with natural ingredients.
Segmental Outlook
The global rice syrup market is segmented based on the type, nature, and application. Based on the type, the market is segmented into brown rice and white rice. Based on the nature, the market is sub-segmented into the organic and conventional. Based on the application, the market is sub-segmented into the bakery and confectionery, beverages, dessert and dairy, meat, poultry, and seafood, and instant formula. ?
Global Rice Syrup Market Share by Nature, 2021 (%)
The Oraganic Segment is Expected to Holds the Major Share in the Global Rice Syrup Market
The increasing health consciousness and health awareness among the consumers drives the growth of global rice syrup market. People are more aware about the organic products and shifting towards the organic alternatives which is increasing the demand of oraganic rice syrups. Brown rice syrup which is an alternative to artificial sugar acts as a sweetener in cereals, snacks bar, tea, coffee, juices, and bakery products and also taken as a healthy hypo-allergenic diet supplement that helps fight diabetes and other diseases. People are attracted towards the benefits of organic rice syrup and people are mostly trying to cut out the sugar intake in their meals by adopting sugar alternatives in order to stay fit and healthy.
Regional Outlooks
The global rice syrup market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). Europe is expected to be on dominating position in the rice syrup market during the forecast period. The regional growth is attributed to growing popularity of organic, natural, and healthy ingredients in the food and consumer inclined towards different syrups, as a part of their breakfast ingredient, surging the demand for rice syrup. Moreover, rising consumption of convenience products such as bakery and confectionary and surging demand from the working population due to busy lifestyles are the factors accelerating the market growth in North America region. ?
Global Rice Syrup Market Growth, by Region 2022-2028
The Asia-Pacific Region is Expected to Hold the Significant Share in the Global Rice Syrup Market
The demand for rice syrup is increasing due to the shift of the consumers toward convenience foods is growing the rice syrup market in the Asia-Pacific region. Consumers in developed and developing Asian countries such as China and India are busy around their professional work life, which reflects in high demand for convenient or ready-to-eat food products with low sugar content. Rice syrup is used by people in many beverages and desserts.
The growing urbanization which has made it easier for population to opt for better food options and increasing disposable income that has provided high purchasing power for the consumers in major economies of the region is proved to be the significant factor for the growth of the rice syrup market in Asia-Pacific region.
Market Players Outlook
The major companies serving the global rice syrup market include California Natural Products, Archer Daniels Midland Company, Pioneer Industries Pvt. Ltd., Wuhu Deli Foods Co.Ltd., Gulshan Polyols Ltd., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global rice syrup market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
- Current Industry Analysis and Growth Potential Outlook
- Impact of COVID-19 on the Global Rice Syrup Market
- Recovery Scenario of Global Rice Syrup Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players
4. Market Segmentation
4.1. Global Rice Syrup Market by Type
4.1.1. Brown Rice
4.1.2. White Rice
4.2. Global Rice Syrup Market by Nature
4.2.1. Organic
4.2.2. Conventional
4.3. Global Rice Syrup Market by Application
4.3.1. Bakery and Confectionery
4.3.2. Beverages
4.3.3. Dessert and Dairy
4.3.4. Meat
4.3.5. Poultry
4.3.6. Seafood
4.3.7. Instant Formula
4.3.8. Others
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Archer Daniels Midland Co.
6.2. ABF Ingredients, Ltd.
6.3. Axiom Foods Inc.
6.4. Bharat Glucose Pvt. Ltd.
6.5. California Natural Products (Gehl Foods, LLC.)
6.6. Cargill Inc.
6.7. Gulshan Polyols Ltd.
6.8. Honest to Goodness
6.9. Habib Rice Products Ltd.
6.10. Istore Direct Trading Pvt. Ltd. (Urban Platter)
6.11. Matco Foods Ltd.
6.12. Nature Bio-Foods Ltd
6.13. Om Foods Inc.
6.14. Pioneer Industries Pvt. Ltd.
6.15. Suzannes Specialties, Inc
6.16. Shafi Gluco Chem (Pvt) Ltd
6.17. Windmill Organics Ltd.
6.18. Wuhu Deli Foods Co.Ltd.
1. GLOBAL RICE SYRUP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBAL BROWN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL WHITE RICE SYRUP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL RICE SYRUP MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
5. GLOBAL ORGANIC RICE SYRUP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL CONVENTIONAL RICE SYRUP MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL RICE SYRUP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
8. GLOBAL RICE SYRUP IN BAKERY AND CONFECTIONERY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL RICE SYRUP IN BEVERAGES MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL RICE SYRUP IN DESSERT AND DAIRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL RICE SYRUP IN MEAT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL RICE SYRUP IN POULTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
13. GLOBAL RICE SYRUP IN POULTRY MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
14. GLOBAL RICE SYRUP IN SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
15. GLOBAL RICE SYRUP IN INSTANT FORMULA MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
16. GLOBAL RICE SYRUP IN OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL RICE SYRUP MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
19. NORTH AMERICAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
20. NORTH AMERICAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
21. NORTH AMERICAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
22. EUROPEAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
23. EUROPEAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
24. EUROPEAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
25. EUROPEAN RICE SYRUP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
26. ASIA-PACIFIC RICE SYRUP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
27. ASIA-PACIFIC RICE SYRUP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
28. ASIA-PACIFIC RICE SYRUP MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
29. ASIA-PACIFIC RICE SYRUP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
30. REST OF THE WORLD RICE SYRUP MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
31. REST OF THE WORLD RICE SYRUP MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD RICE SYRUP MARKET RESEARCH AND ANALYSIS BY NATURE, 2021-2028 ($ MILLION)
33. REST OF THE WORLD RICE SYRUP MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL RICE SYRUP MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL RICE SYRUP MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL RICE SYRUP MARKET, 2022-2028 (%)
4. GLOBAL RICE SYRUP MARKET SHARE BY TYPE, 2021 VS 2028(%)
5. GLOBAL BROWN RICE SYRUP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
6. GLOBAL WHITE RICE SYRUP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
7. GLOBAL RICE SYRUP MARKET SHARE BY NATURE, 2021 VS 2028(%)
8. GLOBAL ORGANIC RICE SYRUP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
9. GLOBAL CONVENTIONAL RICE SYRUP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
10. GLOBAL RICE SYRUP MARKET SHARE BY APPLICATION, 2021 VS 2028(%)
11. GLOBAL RICE SYRUP IN BAKERY AND CONFECTIONERY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
12. GLOBAL RICE SYRUP IN BEVERAGES MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
13. GLOBAL RICE SYRUP IN DESSERT AND DAIRY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
14. GLOBAL RICE SYRUP IN MEAT MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
15. GLOBAL RICE SYRUP IN POULTRY MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
16. GLOBAL RICE SYRUP IN SEAFOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
17. GLOBAL RICE SYRUP IN INSTANT FORMULA MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
18. GLOBAL RICE SYRUP MARKET SHARE BY GEOGRAPHY, 2021 VS 2028(%)
19. US RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
20. CANADA RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
21. UK RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
22. FRANCE RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
23. GERMANY RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
24. ITALY RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
25. SPAIN RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF EUROPE RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
27. INDIA RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
28. CHINA RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
29. JAPAN RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
30. SOUTH KOREA RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
31. REST OF ASIA-PACIFIC RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
32. REST OF THE WORLD RICE SYRUP MARKET SIZE, 2021-2028 ($ MILLION)
