Global Rice News

Rice Syrup Market Is Expected to Experience Significant Growth by 2031

The global rice syrup market is projected to grow at a considerable rate during the forecast period. With the increasing consumption of syrups in daily meals, the demand for rice syrup is on the rise. People in emerging economies are investing more in organic food products that have low or no sugar content. This trend has motivated market players to develop new products with natural ingredients. To achieve this, players are collaborating with each other to expand their production and product range.

For example, in June 2018, Ciranda, Inc., a global supplier of certified organic and fair-trade ingredients, partnered with Matco Foods Ltd., a rice exporter in Pakistan, to produce organic brown rice syrup and organic clarified brown rice syrup. This partnership allowed Ciranda to enhance its sweetener portfolio, which includes various organic syrups and sugars. Such collaborations contribute to the growth of the global rice syrup market.

However, the demand for rice syrup has decreased during the COVID-19 pandemic due to trade restrictions and government regulations. The food processing industry had to halt production, leading to a decline in the rice syrup market. Production units were closed, and distribution channels were not operational, making it difficult for consumers to purchase rice syrup. Despite these challenges, the demand for organic and plant-based syrups like rice syrup is expected to rebound after the pandemic, as consumers show a preference for organic products with natural ingredients.

Market Coverage:
– The market data available for the period 2023-2030
– Base year: 2023
– Forecast period: 2024-2030

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

To view the full report on the Rice Syrup Market, click here.

This market report provides comprehensive information on various segments, including types of rice syrup, organic and conventional options, and its applications in the bakery, confectionery, beverages, dessert, dairy, meat, poultry, seafood, and instant formula industries.

The report also presents regional analysis, covering North America, Europe, Asia-Pacific, and the rest of the world. Furthermore, it includes profiles of key companies in the market, such as Archer Daniels Midland Co., ABF Ingredients, Ltd., and Axiom Foods Inc.

Overall, the global rice syrup market is poised for growth in the coming years, driven by the increasing demand for organic and natural food products. Collaborations between market players will continue to contribute to the expansion of product offerings and production capacity.

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