Scope of the Study
Rice syrup also called rice malt is a sweetener which is derived from brown rice. Its process involves fermenting brown rice, breaking the starches down with certain enzymes, and then reducing the substance until it reaches a syrup-like consistency. Broken down rice syrup is basically pure glucose. The rice syrup can be found in many organic and health food products, such as breakfast cereal and snack bars, as an alternative to white sugar, high-fructose corn syrup, and artificial sweetener.
The market study is being classified and major geographies with country level break-up.
Wuhu Deli Foods (China), Axiom Foods (United States), Wuhu Haoyikuai Food (China), California Natural products (CNP) (United States), Cargill (United States), ADM (United States), ABF Ingredients (United Kingdom), Bharat Glucose Pvt. Ltd. (India), Shafi Gluco Chem (Pvt) Ltd (Pakistan) and Matco Foods Limited (Pakistan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are OM Foods Inc. (United States), Nature Bio-Foods Ltd (United States) and Windmill Organics Ltd. (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Rice Syrup market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Rice Syrup market by Type, Application and Region.
On the basis of geography, the market of Rice Syrup has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Inclination of Consumers Towards the Natural Ingredients
- Growing Urbanisation and Changing Lifestyle
- Increasing Health Consciousness Among the Individuals
- Increasing Demand for Plant-Based Sweeteners
- Side Effects After Consuming Rice Syrup May Affect the Market
- Rising Disposable Income
- Rising Demand of Rice Syrup in Food Serving Industries
- Lack of Awareness Among the People
Market Leaders and their expansionary development strategies
On April 2020, Cargill has announced the intent to acquire Smet, boosting gourmet chocolate offering. With this acquisition the company intend to further strengthen customer relationships.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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