Global Rice Syrups Market to Reach US$2.7 Billion by 2030
The global market for Rice Syrups estimated at US$2.1 Billion in the year 2024, is expected to reach US$2.7 Billion by 2030, growing at a CAGR of 4.0% over the analysis period 2024-2030. Organic Rice Syrup, one of the segments analyzed in the report, is expected to record a 4.7% CAGR and reach US$1.8 Billion by the end of the analysis period. Growth in the Conventional Rice Syrup segment is estimated at 2.7% CAGR over the analysis period.
The U.S. Market is Estimated at US$580.6 Million While China is Forecast to Grow at 7.5% CAGR
The Rice Syrups market in the U.S. is estimated at US$580.6 Million in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$552.2 Million by the year 2030 trailing a CAGR of 7.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.6% and 3.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.
Global Rice Syrup Market - Key Trends & Drivers Summarized
Why Is Rice Syrup Gaining Popularity As A Natural Sweetener?
The rising shift towards healthier sugar alternatives has positioned rice syrup as a key contender in the natural sweeteners market. Derived from brown or white rice through enzymatic hydrolysis, rice syrup provides a clean-label, fructose-free, and low-glycemic alternative to conventional sugars and high-fructose corn syrup. The increasing awareness of sugar-related health concerns, including obesity, diabetes, and metabolic disorders, is driving consumer preference for natural, minimally processed sweeteners. Rice syrup’s ability to provide a mild, caramel-like taste without artificial additives is making it a preferred choice in organic and plant-based food formulations. Additionally, the growing demand for gluten-free and allergen-friendly products is fueling the incorporation of rice syrup in health-conscious bakery, confectionery, and beverage segments. Manufacturers are also leveraging its binding properties in energy bars, granola, and breakfast cereals, enhancing the nutritional value while maintaining clean-label appeal.
How Is The Food & Beverage Industry Driving Market Expansion?
The food and beverage industry is a significant driver of rice syrup market growth, with increasing adoption in processed and packaged foods. Organic and health-focused brands are actively replacing synthetic sweeteners with rice syrup to cater to consumers looking for chemical-free alternatives. The growing trend of plant-based and vegan diets has further fueled rice syrup utilization in dairy alternatives, including nut-based milk, yogurts, and plant-based desserts. Additionally, sports nutrition brands are incorporating rice syrup into energy gels and beverages, capitalizing on its easy digestibility and sustained energy release. In the alcoholic beverage sector, rice syrup is increasingly used as a fermentation aid in brewing, particularly in craft beers and Asian rice-based liquors. As clean-label and organic food trends gain momentum, rice syrup is becoming an essential ingredient across multiple product categories.
What Are The Regional Market Dynamics Shaping Growth?
Geographically, the rice syrup market is experiencing robust growth across Asia-Pacific, North America, and Europe, driven by varying consumer preferences and regulatory policies. Asia-Pacific remains a dominant producer, with China, India, and Thailand leading the rice syrup production landscape due to abundant rice cultivation and traditional culinary applications. North America and Europe, on the other hand, are witnessing a surge in demand for organic and natural sweeteners, supported by stringent food labeling regulations and increasing consumer awareness. The rise of ketogenic and low-fructose diets in Western markets has further amplified rice syrup adoption as an alternative to honey and agave. Meanwhile, emerging economies are embracing rice syrup for its cost-effective, versatile, and clean-label attributes, positioning it as a growing staple in functional foods and beverages.
What Key Factors Are Fueling Market Growth?
The growth in the rice syrup market is driven by several factors, including the rising demand for natural sweeteners, increasing prevalence of sugar-related health issues, and regulatory support for clean-label and organic ingredients. The expansion of plant-based and functional food categories is propelling rice syrup adoption in dairy alternatives, sports nutrition, and confectionery applications. Advancements in rice syrup processing technology, including enzymatic refining and organic certification, are further enhancing product appeal. Additionally, the surge in consumer preference for gluten-free and non-GMO sweeteners is accelerating market penetration. The increasing focus on sustainable sourcing and ethical ingredient production is also driving demand for rice syrup among environmentally conscious brands. As innovations continue in food formulation and dietary trends evolve, the market is expected to witness sustained growth, supported by expanding global applications.
SCOPE OF STUDY:TARIFF IMPACT FACTOR
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APRIL 2025: NEGOTIATION PHASE
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