Organic Rice Syrup Market

Organic Rice Syrup Market Outlook (2022-2032)

The global organic rice syrup market is valued at US$ 764 million in 2022 and is predicted to expand at a CAGR of 4.3% to reach US$ 1.16 billion by the year 2032.

Rising use of rice syrup as a sweetener substitute is majorly driving market expansion, with North America and Europe projected to be lucrative markets for manufacturers over the coming years.

Report Attributes	Details
Organic Rice Syrup Market Size (2022E)	US$ 764 Million
Forecasted Market Value (2032F)	US$ 1.16 Billion
Global Market Growth Rate (2022-2032)	4.3% CAGR
North America Market Share (2022)	24.2%
Europe Market Share (2022)	26.9%
Market Share of Top 3 Countries	31.2%
Key Companies Profiled	Suzanne’s Specialties Nature’s One, Inc. Wuhu Deli Foods Co. Ltd. Axiom Foods California Natural Products (CNP) ABF Ingredients Cargill Incorporated ADM Wuhu Haoyikuai Food Co. Ltd. Gulshan Polyols Ltd.

Organic Rice Syrup Sales Analysis (2017-2021) Vs. Market Forecasts (2022-2032)

Organic rice syrup, as a sweetener, is used in various food and beverage applications. Since it is a completely glucose-containing sugar, it is mostly utilized as a sugar substitute.

This syrup is safe for consumers of all ages because it is made without the use of synthetic chemicals or pesticides, but just by fermenting organic rice. To produce high-quality grain, organic rice is grown without the use of fertilizers or pesticides.

The food and beverage sector uses organic rice syrup widely because of its inherent qualities of being gluten-free, organic, natural, non-GMO, and allergen-free. Since it is made from plant sources, it is ideal for "vegan" and "vegetarian" cuisine.

Several products such as cereals, snack bars, tea, coffee, juices, baked goods, and many others, use organic rice syrup as a sweetener. It is also regarded as a healthy hypoallergenic diet supplement that aids in the battle against diabetes and other illnesses.

According to Fact.MR, a market research and competitive intelligence provider, expanding at a CAGR of 4.3%, the global organic rice syrup market is projected to reach a size of US$ 1.16 billion by 2032.

Which Factors are Spearheading Market Growth of Organic Rice Syrups?

“Rising Fear of Cardiac Diseases & Need for Sugar Substitutes Driving Sales of Organic Rice Syrup Products”

Demand for sugar substitutes is fuelling the market growth of organic rice syrup. Customers are using sugar substitute goods as a result of their increased awareness of the health risks associated with sugar intake.

Rising sales of rice syrups are a result of rising health problems such as diabetes, high blood pressure, and numerous heart ailments.

Furthermore, the fact that organic rice syrup is made from rice grown without the use of pesticides, fertilizers, chemicals, or other synthetic substances contributes significantly to its popularity as a premium sweetener.

Also, organic rice syrup is free of fructose, which helps to get protected from several negative health effects, such as insulin resistance, fatty liver, and others.

How Will the Organic Rice Syrup Market Treat New Entrants?

“Rising Demand for Organic Sweeteners from Health-conscious Consumers – An Opportunity”

Global demand for healthy sweeteners for daily use in food is increasing rapidly; therefore, new industry participants may have an opportunity in the market for organic rice syrups over the coming years.

Additionally, the use of organic food ingredients, such as organic rice syrup, is rising in response to the growing demand for organic food products across the world. This is further fostering a promising market environment for new producers of organic rice syrup.

• Recently, Ciranda Inc., a provider of organic, non-GMO, and fair trade ingredients, teamed up with Matco Foods Ltd., a rice exporter based in Pakistan, to create two kinds of sweeteners: organic clarified rice syrup & organic rice syrup. These two goods are both made from brown rice.

Which Regional Markets are Expected to Generate High Revenue for Organic Rice Syrup Manufacturers?

“High Use of Organic Food Products Driving Sales of Organic Rice Syrups in Europe”

In 2022, North America is expected to account for 24.2% of the global market share. Due to the extensive use of sugar substitutes in the region, North America now has the biggest market value share for organic rice syrup.

Followed by North America, Europe also has a sizable market value share in the global market for organic rice syrup, the key driving force behind this growth is the region’s expanding use of organic foods. Europe is likely to hold 26.9% of the global market share, in 2022.

However, South and East Asia are expected to see the fastest market growth. This is due to the region's higher per capita spending on food items, which has increased the adoption of newly emerging food ingredients in their products.

Which Distribution Channel is Driving High Sales of Organic Rice Syrups?

“Consumers Highly Preferring Indirect Source of Shopping for Organic Rice Syrup”

As a result of the coronavirus pandemic, plant-based food sales are increasing, which helps product makers compete with major market participants.

The market for packaged foods is supported by factors like rising offline and online channels, the development of the e-Commerce sector, and the quickly growing online enterprises.

To meet consumer demand, distribution channels with a growing presence in the worldwide organic rice syrup market, such as hypermarkets/supermarkets, convenience stores, food and drink specialty stores, and online retail stores, are creating innovative goods.

Manufacturers are expanding the selection of products they offer in a wide range of inventive formats. Numerous current research projects that are used to create plant-based food items aid in the market's exponential growth.

Manufacturers are investigating prospects in product quality and nutritional benefits in the global market for organic rice syrups.

Competitive Landscape

Manufacturers are putting a lot of effort into expanding their customer base by showcasing cutting-edge items through a variety of marketing initiatives and publishing reports outlining the advantages of their products. With the aid of this method, businesses can quickly reach a sizable number of target audiences.

• To reach more industrial consumers, Wuhu Deli Foods Co., Ltd. released a report in November 2018 called "Plant Protein Innovation and Industry Forecasting," which offers forecast data for the next five years and aids food formulators in understanding the significance and demand for plant-derived proteins in food & beverage products.

Key Segments Covered in Organic Rice Syrup Industry Research

• Organic Rice Syrup Market by Raw Material :

  • Brown Rice Syrup
  • White Rice Syrup

• Organic Rice Syrup Market by Application :

  • Bakery
  • Confectionery
  • Beverages
  • Processed Foods
  • Dressing & Spreads
  • Dairy Products
  • Ice Cream

• Organic Rice Syrup Market by End Use :

  • Household
  • Commercial

• Organic Rice Syrup Market by Distribution Channel :

  • Direct Sales
  • Indirect Sales
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Online Retailers
    • Others

• Organic Rice Syrup Market by Region :

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania
  • MEA