Rice Syrup Market is Anticipated to Increase at a CAGR of Around 4.5% by 2032

Global demand for rice syrup (volume) enjoyed year-on-year (YoY) growth of 2.9% in 2021 to reach 307.6 kilo tons. Overall, sales of rice syrup are predicted to increase at a CAGR of 4.5% and reach a market valuation of US$ 1.09 Bn by the end of 2032.

Rice syrup is used as a sweetener as well as a colorant and a binding agent due to its sticky texture and sugar charring. The Korean Wave has sparked the growing adoption of Korean culture in around 88 countries, promoting rice syrup consumption all across the world.

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The readability score of the Rice Syrup Market Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.

The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.

This Rice Syrup market outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Rice Syrup along with key stakeholders as well as emerging players associated with the manufacturing of product.

Competitive landscape:

ABF Ingredients Ltd., Axiom Foods Inc., Bharat Glucose Pvt. Ltd., California Natural Products Inc., Cargill Incorporated, Ciranda, Gehl Food, Glucorp, GoMacro LLC, Gulshan Polyols Ltd., Habib Rice Products Ltd., IFPC, Lundberg Family Farms, Matco Foods Limited, Nature Bio-Foods Ltd, naVitalo, Om Foods Inc., Shafi Gluco Chem (Pvt) Ltd, Sweet Additions, Windmill Organics Ltd., Wuhu Deli Foods Co. Ltd., and Wuhu Haoyikuai Food Co. Ltd. are major suppliers of rice syrup.

• In October 2021, ADM announced plans to invest in a biotechnology company – Acies Bio.
• In September 2021, ADM entered into an agreement to acquire 75% stake in PetDine, Pedigree Ovens, The Pound Bakery and NutraDine (P4 Companies).
• In January 2021, ADM signed a contract to acquire Soja Protein.
• In September 2021, Natural Bio Foods announced the inauguration of its futuristic organic food processing plant, focused towards organic rice processing, and it also announced its aim to revitalizes India’s rural communities while bringing organic products to the world.

Tier-1 market players have remained active in term of overall investments being done in the rice syrup market, and are profoundly looking forward to create future revenue generating opportunities in target markets. Tier-2 players have also been following suit by silently reducing their margins in order to target the price-sensitive and growing market in the Asian sub-continent.

Fact.MR has provided detailed information about the overall strategies adopted by players in the rice syrup market, along with their detailed overviews, including SWOT analysis and revenue generated from targeted rice syrup products of top rice syrup manufacturers positioned across geographies, in addition to providing sales growth information, production capacity, and speculative production expansion, in the recently published report.

Key Segments in Rice Syrup Industry Analysis:

·         By Product Type:

• Conventional Rice Syrup
• Organic Rice Syrup

·          By Dextrose Equivalent (DE):

• 28 DE
• 42 DE
• 45 DE
• 60 DE

·          By Source:

• White Rice
• Brown Rice

·          By Function:

• Natural Sweeteners
• Binders/Stabilizers/Thickeners
• Humectants
• Others

·          By Maltose Content:

• Low Maltose (<36 g/100g) Rice Syrup
• High Maltose (>36 g/100g) Rice Syrup

·          By Form:

• Solid Rice Syrup
• Liquid Rice Syrup

·          By Application:

• Food & Beverages
  • Food
    • Bakeries
    • Confectioneries
    • Ice Creams & Desserts
    • Dairy Products
    • Meat, Poultry and Seafood
    • Cereal & Energy Bars
  • Beverages
• Nutrition
  • Nutraceuticals & Supplements
  • Infant Formula
• Pharmaceuticals

·          By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• Middle East & Africa

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How will be insights and market estimations provided in the Fact.MR report on the Demand of Rice Syrup make a difference?

• The study takes a closer look at the major economic turmoil, with a focus on the recent COVID-19 pandemic disruptions
• The assessment of key growth dynamics highlights the attractiveness of new automation technologies and offers readers insight on the prospect of these during the forecast period
• The study tries to offer a balance perspective of the opportunities in mature and the most lackluster markets
• Provides scrutiny of the industry trends that have shaped recent government policies
• Provides an account of major breakthroughs in all segments that might change the course of the market considerably
• Provides an incisive analysis of socio-political milieu in which the key markets operate, and how will that influence the lucrativeness of the overall Rice Syrup  Market
• Analyzes how collaborations and partnerships among players from different industries shape the key growth dynamics in the near future
• Evaluates the role of various stages of funding on new growth avenues in key regional markets

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