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Rice Syrup Market Trends

Report ID: GMI9044
Published Date: Apr 2024
Report Format: PDF

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Rice Syrup Market Trends

The rice syrup industry is experiencing an upward trend driven by increasing consumer demand for natural and healthier sweeteners. With its clean label profile, gluten-free properties, and versatility in various food and beverage applications, rice syrup is gaining popularity as a preferred alternative to refined sugars. This trend is expected to continue as consumers prioritize health and wellness in their dietary choices.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of rice syrup reached USD 1.99 billion in 2023 and could witness more than 4.5% CAGR between 2024 and 2032, owing to the food industry's shift towards sustainable and eco-friendly practices and rising popularity of gluten-free and organic products.

The bakery & confectionery segment will record USD 808.6 million by 2032, fueled by evolving consumer preferences for healthier sweetening options and versatility in creating a wide range of bakery and confectionery products, from cookies to candies.

Europe market secured USD 670 million in revenue in 2023, driven by health-conscious consumers and the food industry's shift towards natural sweeteners.

Some of the leading industry players include Archer Daniels Midland, California Natural Products, Frusano, Gulshan Polyols Ltd, Meurens Natural, Nature Bio Foods, naVitalo, Pioneer Industries Private Limited, and Wuhu Deli Foods Co. Ltd among others.