A sweetener prepared from fermented cooked rice, rice syrup is also known as rice malt syrup. It is manufactured by enzymatically breaking down rice starch into simpler sugars, yielding a viscous syrup with a mild sweetness. This procedure frequently requires adding enzymes to cooked rice to transform the starches into glucose molecules. Rice syrup is widely used as a natural sweetener in baked products, sauces, and beverages. It is valued for its mild flavour, viscosity, and capacity to improve texture while acting as a substitute for refined sugars.

Drivers: The growing demand from consumers for natural and healthier sweeteners is one of the main factors propelling the rice syrup market. For consumers who are concerned about their health and want to limit their use of refined sugars, rice syrup presents a clean label substitute for conventional sweeteners. Furthermore, it is appropriate for people with dietary requirements due to its gluten-free and allergen-free qualities. The market's expansion is also fuelled by the growing acceptance of plant-based diets and the adaptability of rice syrup in a range of food and beverage applications, which encourages producers to develop and broaden their range of rice syrup products.

Challenges: The rice syrup sector could be significantly impacted by changes in the price of raw materials like rice. Rice price fluctuations have a direct impact on production costs, resulting in volatile pricing for rice syrup goods. This may make it difficult for producers to maintain profit margins and pricing stability. Furthermore, abrupt rises in raw material costs may result in increased rice syrup pricing, thereby lowering customer demand. To offset these effects, businesses may consider alternative sourcing strategies, invest in supply chain resilience, or adapt pricing tactics to remain competitive in the market in the face of raw material price fluctuations.

Market Trends: In recent years, the demand for clean label foods has significantly increased globally. Growing consumer knowledge of the health advantages of products made with organic components is driving the growth of clean label food items. Customers are very interested in clean label goods because they are made with minimal processing and without a lot of artificial components and chemicals. This is one of the main drivers propelling the global rice syrup market.

Axiom Foods Inc, Archer Daniels Midland Company (ADM), Cargill, Incorporated, Wuhu Deli Foods Co., Ltd, Habib-ADM Limited, ABF Ingredients (ABFI), Nature Bio-Foods Ltd, WaiLana, Khatoon Industries, and California Natural Products are just a few of the major market players that are thoroughly examined in this market study along with revenue analysis, market segments, and competitive landscape data.

By Type: Based on the Type, Global Rice Syrup Market is segmented as; Organic Rice Syrup, Conventional Rice Syrup.

By Application: Based on the Application, Global Rice Syrup Market is segmented as; Food & Beverage, Infant Formula, Nutritional Supplements, Sauces & Dressings, Others.

By Form: Based on the Form, Global Rice Syrup Market is segmented as; Liquid, Powder.

By Distribution Channel: Based on the Distribution Channel, Global Rice Syrup Market is segmented as; Supermarkets & Hypermarkets, Convenience stores, Online, Others.

By Region: This research also includes data for North America, Latin America, Asia-Pacific, Europe, Middle East & Africa.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.