Market Highlights

Rice syrup is widely processed with the help of enzymes. For instance, brown rice syrup is made by heating brown rice. During this process, enzymes are added to the resultant to break down the starch into the maltose, maltotriose and a small amount of glucose. The solution is then strained, thereby leaving behind the syrup for consumption. Brown rice syrup is about half as sweet as white sugar. Brown rice syrup offers a mild, butterscotch flavor and is widely used in the manufacturing of cookies, muffins and puddings. Industrially, rice syrup is also used in making pancakes, waffles and as a sweetener for iced tea and rice milk. Such factors and wide range of applications are directly influencing the growth of rice syrup globally. Additionally, rice syrup is gluten-free and benefits such as cholesterol control, improved digestive health, and good source of energy are expected to directly boost the growth of rice syrup during the forecast period.

Key Players

Some of the key players in the global rice syrup are Wuhu Deli Foods Co., Ltd (China), Axiom Foods, Inc. (US), Wuhu Haoyikuai Food Co., Ltd (China), California Natural Products Inc. (US), Cargill Incorporated (US), Associated British Foods Plc (UK), Bharat Glucose Pvt. Ltd (India), Shafi Gluco Chem (Pvt) Ltd (Pakistan), Matco Foods Limited (Pakistan), and Om Foods Inc. (Canada).

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Market Segmentation:

The global rice syrup has been segmented based on rice type, category, application, and region.

By rice type, the global rice syrup has been segregated into brown rice and white rice.

The global rice syrup has been classified as category, into organic and conventional

On the basis of application, the global rice syrup market has been divided into bakery & confectionary, beverages, dessert & dairy products, meat, poultry & seafood products, infant formula, and others.

Regional Analysis

The global rice syrup market has been segmented by North America, Europe, Asia-Pacific, and the rest of the world.

Europe is expected to dominate the rice syrup market during the forecast period. Growing popularity of organic, natural, and healthy ingredients in food are expected to be a potential driver for the growth of rice syrup market in the region during the forecast period. Furthermore, several stringent regulations by European Union (EU) over the distribution of rice syrup are imbibing a sense of confidence among the minds of health conscious consumers, thereby fueling the sales of rice syrup in Europe.

The rice syrup market in North America is expected to grow at the fastest rate during the forecast period due to growing health consciousness among consumers and technological advancements in food industry of the region.

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