The global rice syrup market is anticipated to grow at a considerable CAGR of 4.4% during the forecast period. The increasing use of syrups in day-to-day life with breakfasts and other meals is increasing the demand of rice syrup. Consumer in emerging economies are investing high amount on organic food products with less or no sugar contain which is motivating market players to come up with new products with natural ingredients into it. And to accomplish this, the players are collaborating with other players to increase their production and product category. For instance, in June 2018, Ciranda, Inc., a global supplier of certified organic, non-G.M.O. and fair-trade ingredients, had partnered with Matco Foods Ltd., a rice exporter in Pakistan, to produce two types of sweeteners: organic brown rice syrup and organic clarified brown rice syrup. The partnership collaboration expanded Ciranda’s sweetener portfolio, which includes organic tapioca glucose and fructose syrups, organic honey, organic agave syrup, and inulin, as well as organic crystalline grape sugars.
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.
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Market Coverage
The market number available for – 2024-2031
Base year- 2023
Forecast period- 2024-2031
Segment Covered-
By Type
By Nature
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- California Natural Products, Archer Daniels Midland Company, Pioneer Industries Pvt. Ltd., Wuhu Deli Foods Co.Ltd., Gulshan Polyols Ltd., and others.
Rice Syrup Market Report Segment
By Type
Brown Rice
White Rice
By Nature
Organic
Conventional
By Application
Bakery and Confectionery
Beverages
Dessert and Dairy
Meat
Poultry
Seafood
Instant Formula
A full Report of Rice Syrup Market is Available @ https://www.omrglobal.com/industry-reports/rice-syrup-market
Rice Syrup Market Report Segment by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Archer Daniels Midland Co.
ABF Ingredients, Ltd.
Axiom Foods Inc.
Bharat Glucose Pvt. Ltd.
California Natural Products (Gehl Foods, LLC.)
Cargill Inc.
Gulshan Polyols Ltd.
Honest to Goodness
Habib Rice Products Ltd.
Istore Direct Trading Pvt. Ltd. (Urban Platter)
Matco Foods Ltd.
Nature Bio-Foods Ltd
Om Foods Inc.
Pioneer Industries Pvt. Ltd.
Suzannes Specialties, Inc
Shafi Gluco Chem (Pvt) Ltd
Windmill Organics Ltd.
Wuhu Deli Foods Co.Ltd.
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