Market Research Logo

Rice Syrup Market by Product and Geography - Global Forecast and Analysis 2019-2023

Global Rice Syrup Market:

About this market

Technavio’s rice syrup market analysis considers sales from both conventional rice syrup and organic rice syrup. Our analysis also considers the sales of rice syrup in APAC, Europe, MEA, North America, and South America. In 2018, the conventional rice syrup segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the increasing influence of online retailers will play a significant role in the conventional rice syrup segment to maintain its market position. Also, our global rice syrup market report looks at factors such as rising demand of rice syrup from the food services industry, rising number of organized retailing outlets and online retailers offering rice syrup, and increasing popularity of organic rice syrup. However, rising popularity of substitutes, instability in prices of raw materials and rising penetration of new players and threat of contamination in rice syrup may hamper the growth of the rice syrup industry over the forecast period.

Global Rice Syrup Market: Overview

The increasing popularity of organic rice syrup

Growing health consciousness among consumers has led to a shift in their preferences toward the consumption of organic food products, which are sourced from high-quality natural ingredients and are devoid of any synthetic additives. The increasing popularity of organic rice syrup is due to several product launches. For instance, US-based Ciranda collaborated with Matco Foods to launch two new natural sweeteners, namely organic clarified brown rice syrup and organic brown rice syrup. This demand for organic rice syrup will lead to the expansion of the global rice syrup market at a CAGR of over 4% during the forecast period.

Technological innovations in rice syrup manufacturing

The growing demand for rice syrup products and supplements led many vendors to emphasize on ensuring the production of high-quality and standard rice syrups. Hence, they have adopted innovative and high-precision technologies to produce and extract rice syrup. Vendors are producing syrups from rice starch hydrolysates using enzymes, which are widely used in the production of foods and beverages, such as fruit drinks, soft drinks, canned fruits, bread, cakes, breakfast cereals, and bars. This development is expected to have a positive impact on the overall market growth.

For the detailed list of factors that will drive the global rice syrup market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global rice syrup market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading rice syrup manufacturers, that include Gulshan Polyols Ltd., Habib-ADM Ltd., Lundberg Family Farms, Meurens Natural SA, and Windmill Organics Ltd.

Also, the rice syrup market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key Offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global packaged food market
    • Segments of the parent market
      • Table Segments of global packaged food market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Conventional rice syrup - Market size and forecast 2018- 2023
      • Table Conventional rice syrup - Market size and forecast 2018-2023 ($ millions)
      • Table Conventional rice syrup - Year-over-year growth 2019-2023 (%)
    • Organic rice syrup - Market size and forecast 2018-2023
      • Table Organic rice syrup - Market size and forecast 2018-2023 ($ millions)
      • Table Organic rice syrup - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Leading organized and online retailers selling rice syrup in different countries: Overview
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Growing demand for natural and plant-based sweeteners
    • Technological innovations in rice syrup manufacturing
    • Increasing popularity of low-calorie sweeteners
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Gulshan Polyols Ltd.
      • Table Gulshan Polyols Ltd. - Vendor overview
      • Table Gulshan Polyols Ltd. - Business segments
      • Table Gulshan Polyols Ltd. - Organizational developments
      • Table Gulshan Polyols Ltd. - Segment focus
      • Table Gulshan Polyols Ltd. - Key offerings
    • Habib-ADM Ltd.
      • Table Habib-ADM Ltd. - Vendor overview
      • Table Habib-ADM Ltd. - Product segments
      • Table Habib-ADM Ltd. - Organizational developments
      • Table Habib-ADM Ltd. - Key offerings
    • Lundberg Family Farms
      • Table Lundberg Family Farms - Vendor overview
      • Table Lundberg Family Farms - Product segments
      • Table Lundberg Family Farms - Organizational developments
      • Table Lundberg Family Farms - Key offerings
    • Meurens Natural SA
      • Table Meurens Natural SA - Vendor overview
      • Table Meurens Natural SA - Product segments
      • Table Meurens Natural SA - Organizational developments
      • Table Meurens Natural SA - Key offerings
    • Windmill Organics Ltd.
      • Table Windmill Organics Ltd. - Vendor overview
      • Table Windmill Organics Ltd. - Product segments
      • Table Windmill Organics Ltd. - Organizational developments
      • Table Windmill Organics Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report