A recent report published by Infinium Global Research on rice syrup market provides an in-depth analysis of segments and sub-segments in the global as well as regional rice syrup market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional rice syrup market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global rice syrup market. According to the report, the global rice syrup market is projected to grow at a CAGR of 4% over the forecast period of 2019-2025.
Rice syrup manufacturers are majorly focused on mergers and acquisitions to expand its market share. Companies are also investing in research and development to innovate new products that match consumer tastes and preferences.
The rising number of cases of diabetes, high blood pressure and other heart diseases drive the growth of the rice syrup market as rice syrup is an alternative for the conventional table sugar. The increasing number of health-conscious people contribute to the growth of the rice syrup market. Rice syrup is safe to consume as it is made from organic rice which is free from pesticides and chemicals. Rice syrup contains vitamin B which is a curing agent for hairs and nails. Such benefits of rice syrup contribute to the growth of the rice syrup market. In addition, increasing demand for rice syrup from food service industries like hotels and restaurants fuel the growth of the rice syrup market. The growing demand for plant-based sweeteners and natural products propel the growth of the rice syrup market. On the other hand, less awareness about the rice syrup hampers the growth of the rice syrup market. Moreover, growing research and development in rice syrup create novel opportunities for the growth of rice syrup market. For instance, spray dried clarified rice syrup solids are available in tablet forms that are easy to consume.
Geographically, the global rice syrup market is divided into North America, Europe, Asia-Pacific, and the RoW. Europe is expected to be dominant in the global rice syrup market. The rising consumer preference for healthy food products and natural sweeteners fuels the growth of the rice syrup market in Europe. North America is anticipated to grow in the global rice syrup market with a healthy CAGR over the forecast period. The growing number of health-conscious people in North America propels the growth of the rice syrup market in the North America region. Asia-Pacific is expected to grow in the rice syrup market due to the increasing demand for natural sweeteners.
The report on global rice syrup market covers segments such as nature, raw material type, and end-use. On the basis of nature, the sub-markets include organic, and conventional. On the basis of raw material type, the sub-markets include brown rice, and white rice. On the basis of end-use, the sub-markets include bakeries, confectionaries, beverages, desserts & dairy products, infant formulae, and food services.
The report provides profiles of the companies in the market such as Wuhu Deli Foods Co., Ltd., Wuhu Haoyikuai Food Co., Ltd, Axiom Foods, Inc., California Natural Products Inc., Cargill Incorporated, Habib-ADM Limited, ABF Ingredients, Ltd., Bharat Glucose Pvt. Ltd., Shafi Gluco Chem (Pvt) Ltd., Om Foods Inc., and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of rice syrup market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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