Rice Syrup Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Product Type (Organic, Conventional), By Form (Liquid, Powder), By Application (Food & Beverage, Infant Formula, Nutritional Supplements, Others), By Sales Channel (Supermarket/Hypermarket, Online, Convenience Stores, Others), By Region & Competition, 2019-2029F

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Summary

Report Description

Forecast Period

2025-2029

Market Size (2023)

USD 2.09 Billion

CAGR (2024-2029)

6.85%

Fastest Growing Segment

Organic

Largest Market

North America

Market Size (2029)

USD 3.11 Billion

Market Overview

The global Rice Syrup Market was valued at USD 2.09 Billion in 2023 and is expected to reach USD 3.11 Billion by 2029 with a CAGR of 6.85% during the forecast period. Rice syrup can be used to sweeten various drinks, including tea and lemonade, or mixed into cocktails for a distinctive flavor. It also serves as a natural sweetener for homemade ice cream, imparting a rich, creamy texture and a subtle sweetness. According to the United Nations Food and Agriculture Organization, more than 50% of the global population depends on rice for their daily diet, supplying approximately 20% of the world's calories. Global rice consumption is on the rise, exceeding 520 million metric tons. While it ranks third in global production after sugarcane and maize, rice remains a crucial commodity for basic nutrition and calorie intake worldwide.

Market Drivers

Rising Health Consciousness

In recent years, there has been a notable shift towards healthier lifestyles, driven by increasing awareness of the adverse effects of excessive sugar consumption on health. This rising health consciousness is one of the major drivers of the rice syrup market. Traditional sweeteners like refined sugar and high fructose corn syrup have been linked to various health issues such as obesity, diabetes, and cardiovascular diseases. As a result, consumers are seeking healthier alternatives that offer lower glycemic indices and more nutritional benefits.

Rice syrup, also known as rice malt syrup, is perceived as a healthier option compared to refined sugars due to its natural origins and relatively lower glycemic index. It is derived from fermented rice starch and is often less processed than conventional sweeteners. This perception aligns with the growing preference for products that are natural and minimally processed, further propelling the demand for rice syrup. Additionally, rice syrup contains complex carbohydrates that are digested more slowly, providing a more stable energy release compared to the rapid spikes associated with refined sugars.

The health-conscious trend is also reflected in the increased consumer focus on clean eating and whole foods. Rice syrup fits well into this trend as it is often marketed as a natural and wholesome sweetener suitable for various dietary needs. This trend is further supported by the growing number of health-focused food brands that incorporate rice syrup into their products to appeal to a more health-aware audience.

Growth in Vegan and Gluten-Free Diets

The rise in vegan and gluten-free diets is another significant driver of the rice syrup market. As more people adopt plant-based lifestyles for health, ethical, or environmental reasons, there is an increasing demand for ingredients that align with these dietary choices. Rice syrup, being derived from rice, is naturally vegan and gluten-free, making it an attractive option for individuals adhering to these dietary restrictions.

In 2023, Germany emerged as the top source of searches related to veganism on Google Trends, with Austria and the UK following. Meticulous Research reports that 2.6 million people in Europe are now vegan, accounting for 3.2% of the European population. Additionally, a 2023 survey by YouGov and Veganuary revealed that over 3 million Germans had participated in Veganuary.

For vegans, rice syrup offers a plant-based alternative to honey and other animal-derived sweeteners. It provides a similar sweetness profile without conflicting with vegan dietary principles. This inclusivity makes it a popular choice among manufacturers looking to cater to the vegan market segment, driving its adoption in a variety of vegan products, from baked goods to beverages.

Similarly, rice syrup's gluten-free nature makes it a suitable sweetener for those with celiac disease or gluten sensitivities. As awareness of gluten-related disorders grows and more people choose gluten-free diets, the demand for gluten-free products, including sweeteners like rice syrup, has increased. This growing market segment has encouraged food manufacturers to incorporate rice syrup into their products to meet consumer needs and tap into the expanding gluten-free market.

Expansion of Organic Food Market

The organic food market has experienced significant growth in recent years, driven by increasing consumer interest in organic products and sustainable farming practices. This expansion has had a direct impact on the rice syrup market. Organic rice syrup, made from rice grown without synthetic pesticides or fertilizers, aligns with the values of organic consumers who prioritize environmentally friendly and health-conscious products.

Consumers are increasingly seeking products that are free from artificial additives and are produced using sustainable methods. Organic rice syrup meets these criteria and is often marketed as a natural sweetener that fits into the organic food paradigm. The growth of organic food sales has encouraged more manufacturers to offer organic rice syrup options, contributing to the overall growth of the rice syrup market.

Furthermore, the rise in certification and labeling of organic products has made it easier for consumers to identify and choose organic rice syrup, further driving its adoption. This trend is supported by the increasing availability of organic products in mainstream retail channels and the expansion of organic food sections in supermarkets.

Innovation in Food and Beverage Products

Innovation within the food and beverage industry has significantly influenced the growth of the rice syrup market. As companies strive to meet evolving consumer preferences and differentiate their products, they are increasingly turning to rice syrup as a versatile ingredient. Rice syrup is used not only as a sweetener but also as a functional ingredient that can enhance the texture, stability, and shelf life of various food products.

The versatility of rice syrup allows it to be incorporated into a wide range of applications, from baked goods and cereals to energy bars and beverages. Its mild flavor and natural sweetness make it suitable for use in both sweet and savory products. Additionally, rice syrup's ability to provide a smooth texture and prevent crystallization makes it valuable in product formulations where consistency is crucial.

Innovation in food processing and formulation techniques has expanded the range of products that utilize rice syrup, driving its market growth. Food manufacturers are constantly exploring new ways to use rice syrup to create novel products that appeal to health-conscious and trend-driven consumers. This ongoing innovation ensures a steady demand for rice syrup and supports its integration into emerging food and beverage trends.


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Key Market Challenges

High Production Costs

The rice syrup market faces significant challenges due to high production costs. Producing rice syrup involves complex enzymatic processes to convert rice starch into sugars, which requires specialized equipment and technology. This adds considerable expense to the production process. Additionally, the cost of raw materials, primarily rice, can fluctuate based on factors such as agricultural conditions and market demand. These variable costs are compounded by the need for stringent quality control and adherence to food safety regulations, which further increases overall production expenses.

High production costs can result in higher retail prices for rice syrup compared to more common sweeteners like refined sugar or high-fructose corn syrup. This price disparity can affect consumer acceptance and market competitiveness, as rice syrup may be perceived as a more expensive alternative. For smaller companies or new entrants, the financial burden of high production costs can be a barrier to entry, limiting market growth and innovation in the sector.

Limited Consumer Awareness

Another challenge for the rice syrup market is limited consumer awareness. Despite its benefits, rice syrup is less well-known compared to traditional sweeteners. Many consumers may not be familiar with its advantages, such as its lower glycemic index and natural origins, which can hinder its adoption. Without widespread knowledge, consumers may be reluctant to choose rice syrup over more familiar sweeteners, impacting its market penetration.

Educational efforts and marketing strategies are needed to increase awareness about rice syrup's benefits and uses. Manufacturers and distributors must invest in consumer education to highlight the advantages of rice syrup and address misconceptions. This challenge also extends to retailers who need to effectively communicate the product's value to shoppers, which can influence purchasing decisions.

Regulatory Challenges

Regulatory challenges pose a significant obstacle for the rice syrup market. Different countries have varying regulations regarding food additives, sweeteners, and labeling requirements. Compliance with these regulations can be complex and costly for rice syrup producers, especially those operating in multiple markets. Navigating the regulatory landscape involves ensuring that products meet specific standards and obtaining necessary approvals, which can be time-consuming and resource intensive.

Stricter regulations and evolving standards can also impact product formulation and marketing strategies. Companies must stay updated on regulatory changes and adapt their practices accordingly to avoid legal issues and maintain market access. These challenges can add to the operational burden and cost for rice syrup manufacturers, potentially affecting their competitiveness and profitability.

Environmental and Sustainability Concerns

The environmental impact of rice cultivation and production is a growing concern. Rice farming requires significant water resources and can contribute to environmental issues such as water scarcity and greenhouse gas emissions. As sustainability becomes increasingly important to consumers, the rice syrup market faces scrutiny over its environmental footprint.

Sustainable sourcing and production practices are crucial to addressing these concerns. Producers must focus on adopting environmentally friendly methods and improving resource efficiency to mitigate their impact. This includes exploring sustainable agricultural practices and reducing the carbon footprint associated with rice cultivation and syrup production. Meeting these expectations requires investment in sustainable practices and may involve higher costs, which can be a challenge for the industry. Additionally, companies need to communicate their sustainability efforts effectively to gain consumer trust and align with market trends towards eco-friendly products.

Key Market Trends

Growing Demand for Natural and Organic Ingredients

The trend towards natural and organic ingredients is significantly influencing the rice syrup market. Consumers are increasingly seeking products that are free from artificial additives, preservatives, and synthetic chemicals. This shift is driven by heightened awareness of health and wellness, as well as concerns about environmental impact and food safety.

Rice syrup, derived from fermented rice starch, aligns well with these preferences as it is a natural and minimally processed sweetener. Its appeal is further enhanced when it is certified organic, as it meets the growing demand for organic food products. Organic rice syrup is produced from rice that is grown without synthetic pesticides or fertilizers, making it a preferred choice for health-conscious consumers.

The demand for natural and organic ingredients is leading manufacturers to incorporate rice syrup into a broader range of products. From baked goods and snacks to beverages and health supplements, rice syrup is being used to cater to consumers who prioritize clean-label products. This trend is also prompting innovations in product formulations and marketing strategies to highlight the natural and organic attributes of rice syrup, boosting its presence in the market.

Rising Popularity of Health-Conscious Diets

The increasing popularity of health-conscious diets is another major trend affecting the rice syrup market. With a growing focus on reducing sugar intake and managing blood sugar levels, consumers are looking for healthier alternatives to traditional sweeteners. Rice syrup, with its lower glycemic index compared to refined sugar, fits well into this trend.

Rice syrup’s slower digestion rate means it causes less of a spike in blood glucose levels, making it an attractive option for people managing diabetes or those following low-GI diets. This has led to a rise in the inclusion of rice syrup in products aimed at health-conscious consumers, such as energy bars, sports drinks, and low-sugar desserts.

The trend towards health-conscious diets is also driving innovation in the rice syrup market. Manufacturers are developing new products and formulations that leverage rice syrup’s health benefits, thereby expanding its applications and appeal. This trend aligns with the broader movement towards wellness and nutrition, further boosting the demand for rice syrup as a healthier sweetener.

Increased Focus on Vegan and Gluten-Free Products

The rise in vegan and gluten-free diets is significantly shaping the rice syrup market. As more consumers adopt plant-based diets for ethical, health, or environmental reasons, there is a growing demand for vegan-friendly ingredients. Rice syrup, which is derived from rice and contains no animal products, is a suitable alternative to honey and other animal-derived sweeteners.

Additionally, the gluten-free trend has amplified the demand for rice syrup. With an increasing number of people diagnosed with celiac disease or choosing gluten-free diets for health reasons, rice syrup’s natural gluten-free status makes it an attractive option. It is often used in gluten-free baking and processed foods to provide sweetness without compromising dietary restrictions.

This trend has encouraged manufacturers to use rice syrup in a wider range of vegan and gluten-free products. The growing availability of such products in mainstream and specialty stores reflects the increased consumer interest in diets that accommodate these needs. As the demand for vegan and gluten-free options continues to rise, the rice syrup market is likely to expand further to meet these dietary preferences.

Innovation in Product Applications

Innovation in product applications is driving growth in the rice syrup market. As manufacturers seek to differentiate their products and cater to diverse consumer preferences, they are exploring new and creative uses for rice syrup. This trend involves incorporating rice syrup into a variety of food and beverage products beyond traditional applications.

Rice syrup’s versatility makes it suitable for a wide range of products, from baked goods and cereals to beverages and snacks. Its ability to provide a mild sweetness and improve texture has led to its adoption in energy bars, protein powders, and even as a replacement for high-fructose corn syrup in certain formulations. The trend towards using rice syrup in functional foods, which offer additional health benefits, is also gaining traction.

Innovation in product applications is supported by ongoing research and development efforts aimed at discovering new ways to use rice syrup and enhance its functional properties. Manufacturers are investing in new technologies and formulations to maximize the benefits of rice syrup and address evolving consumer demands. This trend not only boosts the market presence of rice syrup but also drives industry growth by expanding its use across different product categories.

Segmental Insights

Product Type Insights

Conventional rice syrup holds the largest share in the rice syrup market due to its established presence and widespread usage. This type of rice syrup, produced through a traditional enzymatic process, is well-recognized for its affordability and availability, making it a popular choice among manufacturers and consumers alike. Its primary applications include use in baked goods, cereals, and various processed foods where cost-effectiveness is a priority. The dominance of conventional rice syrup is also attributed to its versatility and long-standing acceptance in the food industry. It provides a mild sweetness and desirable texture without overpowering other flavors, which makes it a preferred ingredient in numerous formulations. Additionally, the extensive infrastructure and established supply chains for conventional rice syrup contribute to its large market share, ensuring a steady and reliable supply. Despite the growing interest in organic and specialty rice syrups, conventional rice syrup remains a key player in the market due to its cost advantages and broad applicability. However, as consumer preferences shift towards more natural and organic products, the market dynamics may evolve, potentially affecting the share of conventional rice syrup in the future.


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Regional Insights

In the Rice Syrup Market, North America is the dominant region, driven by several key factors. The region's leadership is largely attributed to the growing consumer preference for natural and healthier sweeteners, which aligns with the rise in health-conscious eating trends. North American consumers are increasingly opting for alternatives to refined sugars and high-fructose corn syrup, driving the demand for rice syrup.

The presence of a well-developed food and beverage industry in North America further supports the dominance of rice syrup. Many manufacturers in the region are incorporating rice syrup into a variety of products, including energy bars, cereals, and snacks, to cater to health-conscious consumers. The strong infrastructure for production, distribution, and retail also contributes to the region's significant market share.

Additionally, North America benefits from advanced research and development facilities that drive innovation in rice syrup applications and formulations. The region's regulatory environment supports the adoption of natural sweeteners, providing a favorable landscape for rice syrup's growth. As a result, North America continues to lead the global rice syrup market, reflecting its established consumer base and robust market dynamics.

Recent Developments

  • In 2024, Nestlé Purina teamed up with Cargill, a U.S. company specializing in ingredients and agricultural solutions, to encourage the use of regenerative agriculture practices in its corn and soy supply chains. This partnership aims to enhance soil health and lower the carbon footprint of Purina’s dry pet food products across North America, advancing sustainability for both people and pets. The initiative is set to support the implementation of regenerative agriculture practices on over 200,000 acres of corn and soy farmland in the Midwest.
  • In 2024, Farmers Business Network and ADM have announced the formation of a joint venture, Gradable. This new company aims to enhance the Gradable technology platform, allowing more farmers and buyers to confidently engage with and benefit from grain produced through sustainable and regenerative practices.

Key Market Players

  • Axiom Foods Inc.
  • Archer Daniels Midland Company
  • Cargill, Incorporated
  • Wuhu Deli Foods Co.,Ltd.
  • Habib Rice Products Limited
  • ABF Ingredients Limited
  • Nature Bio Foods Ltd.
  • Wai Lana Productions, LLC
  • Gehl Foods, LLC
  • California Naturals, Inc.

By Product Type

By Form

By Application

By Sales Channel

By Region
  • Organic
  • Conventional
  • Liquid
  • Powder
  • Food & Beverage
  • Infant Formula
  • Nutritional Supplements
  • Others
  • Supermarket/Hypermarket
  • Online
  • Convenience Stores
  • Others
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the global Rice Syrup Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  •  Rice Syrup Market, By Product Type:

o   Organic

o   Conventional         

  •        Rice Syrup Market, By Form:

o   Liquid

o   Powder 

  •         Rice Syrup Market, By Application:

o   Food & Beverage

o   Infant Formula

o   Nutritional Supplements

o   Others

  •         Rice Syrup Market, By Sales Channel:

o   Supermarket/Hypermarket

o   Online

o   Convenience Stores

o   Others

  •         Rice Syrup Market, By Region:

o   North America

§  United States

§  Canada

§  Mexico

o   Europe

§  France

§  Germany

§  Spain

§  Italy

§  United Kingdom

o   Asia-Pacific

§  China

§  Japan

§  India

§  Vietnam

§  South Korea

o   Middle East & Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Turkey

§  Kuwait

§  Egypt

o   South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies presents in the global Rice Syrup Market.

Available Customizations:

Global Rice Syrup Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Rice Syrup Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary      

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Voice of Customer

4.1.  Factors Influencing Purchase Decision

4.2.  Sources of Information

5.    Global Rice Syrup Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.  Market Share & Forecast   

5.2.1.    By Product Type Market Share Analysis (Organic, Conventional)

5.2.2.    By Form Market Share Analysis (Liquid, Powder)

5.2.3.    By Application Market Share Analysis (Food & Beverage, Infant Formula, Nutritional Supplements, Others)

5.2.4.    By Sales Channel Market Share Analysis (Supermarket/Hypermarket, Online, Convenience Stores, Others)

5.2.5.    By Regional Market Share Analysis

5.2.5.1.        North America Market Share Analysis

5.2.5.2.        Europe Market Share Analysis

5.2.5.3.        Asia-Pacific Market Share Analysis

5.2.5.4.        Middle East & Africa Market Share Analysis

5.2.5.5.        South America Market Share Analysis

5.2.6.    By Top 5 Companies Market Share Analysis, Others (2023)

5.3.  Global Rice Syrup Market Mapping & Opportunity Assessment

5.3.1.    By Product Type Market Mapping & Opportunity Assessment

5.3.2.    By Form Market Mapping & Opportunity Assessment

5.3.3.    By Application Market Mapping & Opportunity Assessment

5.3.4.    By Sales Channel Market Mapping & Opportunity Assessment

5.3.5.    By Regional Market Mapping & Opportunity Assessment

6.    North America Rice Syrup Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Product Type Market Share Analysis

6.2.2.    By Form Market Share Analysis

6.2.3.    By Application Market Share Analysis

6.2.4.    By Sales Channel Market Share Analysis

6.2.5.    By Country Market Share Analysis

6.2.5.1.        United States Rice Syrup Market Outlook

6.2.5.1.1.           Market Size & Forecast

6.2.5.1.1.1.               By Value

6.2.5.1.2.           Market Share & Forecast

6.2.5.1.2.1.               By Product Type Market Share Analysis

6.2.5.1.2.2.               By Form Market Share Analysis

6.2.5.1.2.3.               By Application Market Share Analysis

6.2.5.1.2.4.               By Sales Channel Market Share Analysis

6.2.5.2.        Canada Rice Syrup Market Outlook

6.2.5.2.1.           Market Size & Forecast

6.2.5.2.1.1.               By Value

6.2.5.2.2.           Market Share & Forecast

6.2.5.2.2.1.               By Product Type Market Share Analysis

6.2.5.2.2.2.               By Form Market Share Analysis

6.2.5.2.2.3.               By Application Market Share Analysis

6.2.5.2.2.4.               By Sales Channel Market Share Analysis

6.2.5.3.        Mexico Rice Syrup Market Outlook

6.2.5.3.1.           Market Size & Forecast

6.2.5.3.1.1.               By Value

6.2.5.3.2.           Market Share & Forecast

6.2.5.3.2.1.               By Product Type Market Share Analysis

6.2.5.3.2.2.               By Form Market Share Analysis

6.2.5.3.2.3.               By Application Market Share Analysis

6.2.5.3.2.4.               By Sales Channel Market Share Analysis

7.    Europe Rice Syrup Market Outlook

7.1.  Market Size & Forecast       

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Product Type Market Share Analysis

7.2.2.    By Form Market Share Analysis

7.2.3.    By Application Market Share Analysis

7.2.4.    By Sales Channel Market Share Analysis

7.2.5.    By Country Market Share Analysis

7.2.5.1.        France Rice Syrup Market Outlook

7.2.5.1.1.           Market Size & Forecast

7.2.5.1.1.1.               By Value

7.2.5.1.2.           Market Share & Forecast

7.2.5.1.2.1.               By Product Type Market Share Analysis

7.2.5.1.2.2.               By Form Market Share Analysis

7.2.5.1.2.3.               By Application Market Share Analysis

7.2.5.1.2.4.               By Sales Channel Market Share Analysis

7.2.5.2.        Germany Rice Syrup Market Outlook

7.2.5.2.1.           Market Size & Forecast

7.2.5.2.1.1.               By Value

7.2.5.2.2.           Market Share & Forecast

7.2.5.2.2.1.               By Product Type Market Share Analysis

7.2.5.2.2.2.               By Form Market Share Analysis

7.2.5.2.2.3.               By Application Market Share Analysis

7.2.5.2.2.4.               By Sales Channel Market Share Analysis

7.2.5.3.        Spain Rice Syrup Market Outlook

7.2.5.3.1.           Market Size & Forecast

7.2.5.3.1.1.               By Value

7.2.5.3.2.           Market Share & Forecast

7.2.5.3.2.1.               By Product Type Market Share Analysis

7.2.5.3.2.2.               By Form Market Share Analysis

7.2.5.3.2.3.               By Application Market Share Analysis

7.2.5.3.2.4.               By Sales Channel Market Share Analysis

7.2.5.4.        Italy Rice Syrup Market Outlook

7.2.5.4.1.           Market Size & Forecast

7.2.5.4.1.1.               By Value

7.2.5.4.2.           Market Share & Forecast

7.2.5.4.2.1.               By Product Type Market Share Analysis

7.2.5.4.2.2.               By Form Market Share Analysis

7.2.5.4.2.3.               By Application Market Share Analysis

7.2.5.4.2.4.               By Sales Channel Market Share Analysis

7.2.5.5.        United Kingdom Rice Syrup Market Outlook

7.2.5.5.1.           Market Size & Forecast

7.2.5.5.1.1.               By Value

7.2.5.5.2.           Market Share & Forecast

7.2.5.5.2.1.               By Product Type Market Share Analysis

7.2.5.5.2.2.               By Form Market Share Analysis

7.2.5.5.2.3.               By Application Market Share Analysis

7.2.5.5.2.4.               By Sales Channel Market Share Analysis

8.    Asia-Pacific Rice Syrup Market Outlook

8.1.  Market Size & Forecast       

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Product Type Market Share Analysis

8.2.2.    By Form Market Share Analysis

8.2.3.    By Application Market Share Analysis

8.2.4.    By Sales Channel Market Share Analysis

8.2.5.    By Country Market Share Analysis

8.2.5.1.        China Rice Syrup Market Outlook

8.2.5.1.1.           Market Size & Forecast

8.2.5.1.1.1.               By Value

8.2.5.1.2.           Market Share & Forecast

8.2.5.1.2.1.               By Product Type Market Share Analysis

8.2.5.1.2.2.               By Form Market Share Analysis

8.2.5.1.2.3.               By Application Market Share Analysis

8.2.5.1.2.4.               By Sales Channel Market Share Analysis

8.2.5.2.        Japan Rice Syrup Market Outlook

8.2.5.2.1.           Market Size & Forecast

8.2.5.2.1.1.               By Value

8.2.5.2.2.           Market Share & Forecast

8.2.5.2.2.1.               By Product Type Market Share Analysis

8.2.5.2.2.2.               By Form Market Share Analysis

8.2.5.2.2.3.               By Application Market Share Analysis

8.2.5.2.2.4.               By Sales Channel Market Share Analysis

8.2.5.3.        India Rice Syrup Market Outlook

8.2.5.3.1.           Market Size & Forecast

8.2.5.3.1.1.               By Value

8.2.5.3.2.           Market Share & Forecast

8.2.5.3.2.1.               By Product Type Market Share Analysis

8.2.5.3.2.2.               By Form Market Share Analysis

8.2.5.3.2.3.               By Application Market Share Analysis

8.2.5.3.2.4.               By Sales Channel Market Share Analysis

8.2.5.4.        Vietnam Rice Syrup Market Outlook

8.2.5.4.1.           Market Size & Forecast

8.2.5.4.1.1.               By Value

8.2.5.4.2.           Market Share & Forecast

8.2.5.4.2.1.               By Product Type Market Share Analysis

8.2.5.4.2.2.               By Form Market Share Analysis

8.2.5.4.2.3.               By Application Market Share Analysis

8.2.5.4.2.4.               By Sales Channel Market Share Analysis

8.2.5.5.        South Korea Rice Syrup Market Outlook

8.2.5.5.1.           Market Size & Forecast

8.2.5.5.1.1.               By Value

8.2.5.5.2.           Market Share & Forecast

8.2.5.5.2.1.               By Product Type Market Share Analysis

8.2.5.5.2.2.               By Form Market Share Analysis

8.2.5.5.2.3.               By Application Market Share Analysis

8.2.5.5.2.4.               By Sales Channel Market Share Analysis

9.    Middle East & Africa Rice Syrup Market Outlook

9.1.  Market Size & Forecast       

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Product Type Market Share Analysis

9.2.2.    By Form Market Share Analysis

9.2.3.    By Application Market Share Analysis

9.2.4.    By Sales Channel Market Share Analysis

9.2.5.    By Country Market Share Analysis

9.2.5.1.        South Africa Rice Syrup Market Outlook

9.2.5.1.1.           Market Size & Forecast

9.2.5.1.1.1.               By Value

9.2.5.1.2.           Market Share & Forecast

9.2.5.1.2.1.               By Product Type Market Share Analysis

9.2.5.1.2.2.               By Form Market Share Analysis

9.2.5.1.2.3.               By Application Market Share Analysis

9.2.5.1.2.4.               By Sales Channel Market Share Analysis

9.2.5.2.        Saudi Arabia Rice Syrup Market Outlook

9.2.5.2.1.           Market Size & Forecast

9.2.5.2.1.1.               By Value

9.2.5.2.2.           Market Share & Forecast

9.2.5.2.2.1.               By Product Type Market Share Analysis

9.2.5.2.2.2.               By Form Market Share Analysis

9.2.5.2.2.3.               By Application Market Share Analysis

9.2.5.2.2.4.               By Sales Channel Market Share Analysis

9.2.5.3.        UAE Rice Syrup Market Outlook

9.2.5.3.1.           Market Size & Forecast

9.2.5.3.1.1.               By Value

9.2.5.3.2.           Market Share & Forecast

9.2.5.3.2.1.               By Product Type Market Share Analysis

9.2.5.3.2.2.               By Form Market Share Analysis

9.2.5.3.2.3.               By Application Market Share Analysis

9.2.5.3.2.4.               By Sales Channel Market Share Analysis

9.2.5.4.        Turkey Rice Syrup Market Outlook

9.2.5.4.1.           Market Size & Forecast

9.2.5.4.1.1.               By Value

9.2.5.4.2.           Market Share & Forecast

9.2.5.4.2.1.               By Product Type Market Share Analysis

9.2.5.4.2.2.               By Form Market Share Analysis

9.2.5.4.2.3.               By Application Market Share Analysis

9.2.5.4.2.4.               By Sales Channel Market Share Analysis

9.2.5.5.        Kuwait Rice Syrup Market Outlook

9.2.5.5.1.           Market Size & Forecast

9.2.5.5.1.1.               By Value

9.2.5.5.2.           Market Share & Forecast

9.2.5.5.2.1.               By Product Type Market Share Analysis

9.2.5.5.2.2.               By Form Market Share Analysis

9.2.5.5.2.3.               By Application Market Share Analysis

9.2.5.5.2.4.               By Sales Channel Market Share Analysis

9.2.5.6.        Egypt Rice Syrup Market Outlook

9.2.5.6.1.           Market Size & Forecast

9.2.5.6.1.1.               By Value

9.2.5.6.2.           Market Share & Forecast

9.2.5.6.2.1.               By Product Type Market Share Analysis

9.2.5.6.2.2.               By Form Market Share Analysis

9.2.5.6.2.3.               By Application Market Share Analysis

9.2.5.6.2.4.               By Sales Channel Market Share Analysis

10. South America Rice Syrup Market Outlook

10.1.             Market Size & Forecast        

10.1.1. By Value

10.2.             Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Form Market Share Analysis

10.2.3. By Application Market Share Analysis

10.2.4. By Sales Channel Market Share Analysis

10.2.5. By Country Market Share Analysis

10.2.5.1.     Brazil Rice Syrup Market Outlook

10.2.5.1.1.         Market Size & Forecast

10.2.5.1.1.1.            By Value

10.2.5.1.2.         Market Share & Forecast

10.2.5.1.2.1.            By Product Type Market Share Analysis

10.2.5.1.2.2.            By Form Market Share Analysis

10.2.5.1.2.3.            By Application Market Share Analysis

10.2.5.1.2.4.            By Sales Channel Market Share Analysis

10.2.5.2.     Argentina Rice Syrup Market Outlook

10.2.5.2.1.         Market Size & Forecast

10.2.5.2.1.1.            By Value

10.2.5.2.2.         Market Share & Forecast

10.2.5.2.2.1.            By Product Type Market Share Analysis

10.2.5.2.2.2.            By Form Market Share Analysis

10.2.5.2.2.3.            By Application Market Share Analysis

10.2.5.2.2.4.            By Sales Channel Market Share Analysis

10.2.5.3.     Colombia Rice Syrup Market Outlook

10.2.5.3.1.         Market Size & Forecast

10.2.5.3.1.1.            By Value

10.2.5.3.2.         Market Share & Forecast

10.2.5.3.2.1.            By Product Type Market Share Analysis

10.2.5.3.2.2.            By Form Market Share Analysis

10.2.5.3.2.3.            By Application Market Share Analysis

10.2.5.3.2.4.            By Sales Channel Market Share Analysis

11. Market Dynamics

11.1.             Drivers

11.2.             Challenges

12. Impact of COVID-19 on Global Rice Syrup Market

12.1.             Impact Assessment Model   

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Competitive Landscape

14.1.             Company Profiles

14.1.1. Axiom Foods Inc.

14.1.1.1.     Company Details

14.1.1.2.     Products

14.1.1.3.     Financials (As Per Availability)

14.1.1.4.     Key Market Focus & Geographical Presence

14.1.1.5.     Recent Developments

14.1.1.6.     Key Management Personnel

14.1.2. . Archer Daniels Midland Company

14.1.2.1.     Company Details

14.1.2.2.     Products

14.1.2.3.     Financials (As Per Availability)

14.1.2.4.     Key Market Focus & Geographical Presence

14.1.2.5.     Recent Developments

14.1.2.6.     Key Management Personnel

14.1.3. Cargill, Incorporated

14.1.3.1.     Company Details

14.1.3.2.     Products

14.1.3.3.     Financials (As Per Availability)

14.1.3.4.     Key Market Focus & Geographical Presence

14.1.3.5.     Recent Developments

14.1.3.6.     Key Management Personnel

14.1.4. Wuhu Deli Foods Co.,Ltd.

14.1.4.1.     Company Details

14.1.4.2.     Products

14.1.4.3.     Financials (As Per Availability)

14.1.4.4.     Key Market Focus & Geographical Presence

14.1.4.5.     Recent Developments

14.1.4.6.     Key Management Personnel

14.1.5. Habib Rice Products Limited

14.1.5.1.     Company Details

14.1.5.2.     Products

14.1.5.3.     Financials (As Per Availability)

14.1.5.4.     Key Market Focus & Geographical Presence

14.1.5.5.     Recent Developments

14.1.5.6.     Key Management Personnel

14.1.6. ABF Ingredients Limited

14.1.6.1.     Company Details

14.1.6.2.     Products

14.1.6.3.     Financials (As Per Availability)

14.1.6.4.     Key Market Focus & Geographical Presence

14.1.6.5.     Recent Developments

14.1.6.6.     Key Management Personnel

14.1.7. Nature Bio Foods Ltd.

14.1.7.1.     Company Details

14.1.7.2.     Products

14.1.7.3.     Financials (As Per Availability)

14.1.7.4.     Key Market Focus & Geographical Presence

14.1.7.5.     Recent Developments

14.1.7.6.     Key Management Personnel

14.1.8. Wai Lana Productions, LLC

14.1.8.1.     Company Details

14.1.8.2.     Products

14.1.8.3.     Financials (As Per Availability)

14.1.8.4.     Key Market Focus & Geographical Presence

14.1.8.5.     Recent Developments

14.1.8.6.     Key Management Personnel

14.1.9.   Gehl Foods, LLC

14.1.9.1.     Company Details

14.1.9.2.     Products

14.1.9.3.     Financials (As Per Availability)

14.1.9.4.     Key Market Focus & Geographical Presence

14.1.9.5.     Recent Developments

14.1.9.6.     Key Management Personnel

14.1.10.                California Naturals, Inc.

14.1.10.1.  Company Details

14.1.10.2.  Products

14.1.10.3.  Financials (As Per Availability)

14.1.10.4.  Key Market Focus & Geographical Presence

14.1.10.5.  Recent Developments

14.1.10.6.  Key Management Personnel

15. Strategic Recommendations/Action Plan

15.1.             Key Focus Areas

15.2.             Target Product Type

15.3.             Target Sales Channel

16.  About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The market size of the global Rice Syrup Market was estimated to be USD 2.09 Billion in 2023.

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The major drivers for the global rice syrup market include increasing health consciousness, rising demand for natural and organic ingredients, growth in vegan and gluten-free diets, and innovation in food and beverage products.

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Major trends in the global rice syrup market include growing demand for natural and organic ingredients, increased adoption of health-conscious and low-GI diets, expansion into emerging markets, and innovation in product applications.

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Major challenges for the global rice syrup market include high production costs, limited consumer awareness, regulatory complexities, and environmental sustainability concerns related to rice cultivation and production practices.

Related Reports

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Parvati Sharma

Account Manager BD
Press Release

Rice Syrup Market to Grow with a CAGR of 6.85% through 2029

Nov, 2024

The Rice Syrup Market is driven by increasing health consciousness, demand for natural sweeteners, rising vegan and gluten-free diets, and growth in organic food consumption.

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