Market Research Future (Food and Beverages) Rice Syrup Market Research Report | Page 3

Rice Syrup Market Research Report – Global Forecast till 2023
2 Market Overview
Wide array of applications of rice syrup as an alternate sweetener is driving the global rice syrup market. Rice syrup
is available as a liquid solution of a nutritive sweetener. Market players process rice syrup by starch hydrolysis, using
rice as a raw material, purified and concentrated to form the required solids. It is an odorless and clear yellow viscous
sweet syrup, which is further processed in the food and beverages industry and stored in an extremely hygienic
environment.
The use of rice syrup depends particularly on food products which require high concentrations of invert sugars. Invert
sugar is an edible mixture of glucose and fructose majorly used as a natural sweetener in bakery and confectionaries.
Industrial benefits of rice syrup include low freezing point, high amount of sweetening compared to sucrose, and
anti–crystalline properties. Growing number of vegan populations demanding plant-sourced ingredients in food have
further driven the growth of global rice syrup market.
Regional Analysis:
Globally, Europe is expected to dominate the rice syrup market due to change in consumer preference towards
healthy food products. High consumption of baked products and confectionaries in Europe is expected to boost the
regional market growth. Additionally, growing consumer preference for natural sweeteners in food products and
relatively high beverage consumption in the region are further adding to the market growth in Europe.
North America is expected to register the highest CAGR in the rice syrup market during the forecast period due to
growing consumption of snacks and baked products as convenience food. Growing awareness about the benefits of
healthy meal through several promotional campaigns by market players are further boosting the regional market
growth.
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