Brown rice syrup, also known as rice malt or rice syrup, is a natural sweetener made by enzymatically breaking down cooked rice starch. This process involves using saccharifying enzymes—either from sprouted barley (traditional method) or from naturally derived microbial enzymes (modern approach). The resulting liquid is filtered and concentrated through evaporation to achieve the desired thickness. Importantly, this manufacturing process avoids synthetic chemicals, relying instead on natural enzymes cultivated in organic bioreactors, similar to those used in antibiotic production. This ensures a clean-label, health-conscious alternative to conventional sweeteners.
Rice Syrup Market Size Was Valued at USD 752.60 Million in 2023 and is Projected to Reach USD 1079.56 Million by 2032, Growing at a CAGR of 4.09% From 2024-2032
Some of the Top Leading Key Players:
Cargill Incorporated, Windmill Organics LtdABF Ingredients LtdNature Bio-Foods Ltd, Axiom Foods IncHabib Rice Products LtdBharat Glucose Pvt. LtdCalifornia Natural Products IncMatco Foods Limited, Om Foods IncShafi Gluco Chem (Pvt) Ltd, Wuhu Deli Foods Co. LtdWuhu Haoyikuai Food Co. Ltd
IMR posted new studies guide on Rice Syrup Market Insights with self-defined Tables and charts in presentable format. In the Study you may locate new evolving Trends, Drivers, Restraints, Opportunities generated via targeting market related stakeholders. The boom of the Rice Syrup marketplace became specifically driven with the aid of the growing R&D spending internationally.
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Rice Syrup Market Synopsis:
The Rice Syrup marketplace studies have a look at ensures the highest level of accuracy and reliability as we exactly study the general industry, masking all the market fundamentals. By leveraging a wide range of number one and secondary resources, we set up a sturdy basis for our findings. Industry-widespread tools like Porter's Five Forces Analysis, SWOT Analysis, pestle Analysis and Price Trend Analysis in addition enhance the comprehensiveness of our assessment. Our examine additionally discusses the entire Rice Syrup marketplace surroundings, explaining the various market stakeholders, their functions and interdependencies among them. Further, with an emphasis on complete segmentation evaluation and geographical coverage, the have a look at allows a profound expertise of nearby tendencies. Moreover, we discover outside factors presenting a comprehensive view of the market dynamics.
Segmentation Analysis:
Rice Syrup Market Size, By Type (White Rice, Brown Rice), Nature (Organic, Conventional), Application (Bakery & Confectionery, Beverages, Dairy Products, Meat, Poultry & Seafood Products, Infant Formula, Others), Region- Global Market Analysis and Forecast, 2024- 2032
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Rice Syrup Market Dynamics and Factors:
The global demand for rice syrup is rising steadily, driven by its growing use in the foodservice industry, particularly in baked goods and processed foods. Consumers are increasingly favouring natural, organic ingredients over synthetic alternatives, while the expanding vegan population boosts the need for plant-based components. Rice syrup is widely used in beverages, cereals, energy bars, puddings, and bakery items. Its anti-crystallising properties, strong sweetening ability, and low freezing point make it ideal for confectionery applications such as ice creams and flavoured sweets, further fuelling its adoption as a natural sweetening solution.
Regional Analysis
North America is Expected to Dominate the Market Over the Forecast period
Geographically, the distinctive analysis of consumption, revenue, market share, and growth rate of the subsequent areas:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Russia, Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New-Zealand, Rest of APAC)
- Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Key Industry Developments in the Rice Syrup Market:
In January 2023, Cargill’s ExtraVeganZa launched a new range of vegan chocolate, using the plant-based power ingredients sunflower kernel powder, rice syrup, and organic rice syrup. It brings a delightful creaminess and smooth melt-in-mouth experience to chocolate recipes, which is hard to achieve with the ingredients commonly used in vegan chocolates
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Study Objectives of this report are:
- To study and analyze the global Rice Syrup market size (value and volume) by company, key regions/countries, products and application, history data from 2017 to 2023, and forecast to 2032.
- To understand the structure of Rice Syrup market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market
- Focuses on the key global Rice Syrup manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Rice Syrup with respect to individual growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of Rice Syrup submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
Introspective Market Research is a trusted partner for comprehensive market research studies. We are committed to providing businesses worldwide with comprehensive market research studies that offer valuable insights and strategic guidance
With a precise examination of the overall industry, our Rice Syrup market report guarantees the highest level of accuracy and reliability. We establish a strong foundation for our findings by leveraging a wide range of primary and secondary sources. Enhancing the comprehensiveness of our evaluation, we utilize industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis.
Key Questions Answered In The Report
- How much is the Rice Syrup Market worth?
- At what CAGR is the market projected to grow over the estimated period?
- What factors contribute to the growth of the industry?
- Which region is anticipated to hold the largest share of the market?
- Which industry segment is projected to witness the fastest market growth?
- What are the key opportunities and trends industry participants might encounter?
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