The growing demand of sugar substitute products and other major driving factors is expected to favor the rise in the global organic rice syrup market
Reports and Insights has published a new report titled, “Organic Rice Syrup Market: Opportunity Analysis and Future Assessment 2020-2028”
Global Organic Rice Syrup Market, By Rice Type (Brown Rice, White Rice), By Application (Bakery, Confectionery, Beverages, Processed Foods, Dressing and Spreads, Dairy Products, Ice Creams), By End-Use (Household, Commercial), By Distribution Channel (Direct, Indirect (Hypermarket/Supermarket, Convenience Stores, Specialty Store, Online Retailer, Others)) and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, & Africa) is expected to grow at a significant CAGR for the period between 2020 and 2028.
The global organic rice syrup market in 2020 is estimated for more than US$ xx Bn and expected to reach a value of US$ xx Bn by 2028 with a significant CAGR of xx%.
Rice syrup can be understood as the constituent of Chinese origin, developed by enzymatic activity on rice and, after subsequent processing to eliminate its consistency, it is consumed as a sweetener. The rice syrup could be considered much healthier in comparison to several other sweeteners owing to its significant elements that are forms of glucose instead of fructose, the excess and overeating of which is alleged to be a prime cause of poor health.
Moreover, attributing to its natural and essential properties of being natural, organic, gluten-free, allergen-free, and non-GMO, organic rice syrup finds a broad range of applications in the food and beverage industry. Owing to which, the global organic rice syrup market is projected to witness significant growth over the following years.
By the same token, rice syrup is considered to be appropriate for ‘vegetarian’ and ‘vegan' foods as well due to being produced from natural or plant sources, which is thrusting its market demand all across the globe. Attributing to which, the global organic rice syrup market is expected to grow higher over the forthcoming years.
On top of that, the growing prevalence of chronic medical conditions among the population all around the world, including various cardiovascular diseases, diabetes, obesity, high blood pressure is further playing a major role in elevating the market growth of the sugar substitute products. Several people around the world are seeking more organic and healthy foods and sugar substitutes with minimum damage to the body, which is estimated to boost the demand of organic rice syrup in the near future.
Therefore, the organic rice syrup market is anticipated to witness major breakthroughs in the forthcoming future. Likewise, the organic white rice syrup is also an organic sweetener developed from natural white rice that is great for summing sweetness to baking various recipes, coffee, beverages, dairy products, desserts, and much more.
Same as the organic brown rice syrup, the white rice syrup is also entirely organic, vegan and gluten-free. The white rice syrup is also flavorful, healthy, and allergen-free alternative to different sweeteners as well as could be an appealing replacement for agave, sugar, maple syrup, honey, and more. Attributing to said beneficial properties, it further propels the demand of rice syrups across the global markets, ultimately leading to the considerable growth in the coming years.
Having said that, organic rice syrup is a derivative of brown rice which comprises vestiges of arsenic which is likely to cause severe harm to human bodies for instance cancer. Such factors may restrain the market growth in the following years.
Reports and Insights Study identifies some of the key participating players in the organic rice syrup market globally are Cargill, Essex Food Ingredients, Habib Rice Products Ltd., SWEET ADDITIONS, LLC, Shafi Gluco Chem, The Archer-Daniels-Midland Company, Nature’s One, Inc., Axiom Foods, HL Agro Products Pvt. Ltd, among others.
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