Rice Syrup Market
The market for Rice Syrup was estimated at $2.1 billion in 2024; it is anticipated to increase to $3.3 billion by 2030, with projections indicating growth to around $4.7 billion by 2035.
Report Summary
Market Data
Methodology
Table of Contents
Global Rice Syrup Market Outlook
Revenue, 2024
$2.1B
Forecast, 2034
$4.4B
CAGR, 2025 - 2034
7.7%
The Rice Syrup industry revenue is expected to be around $2.3 billion in 2025 and expected to showcase growth with 7.7% CAGR between 2025 and 2034. This derived sweetener is not only just enhancing culinary delights but also reshaping the landscape of the food and beverage sector by usher ing in a era of wholesome enjoyment, in light of increasing health consciousness.
Brown rice derived Rice Syrup offers a sweet and intricate carbohydrate liquid alternative to high fructose corn syrup in various recipes for health conscious individuals seeking gluten free and hypoallergenic options packed with essential vitamins and nutrients. The increasing embrace of vegan lifestyles and the growing preference, for foods are key trends driving the market expansion of Rice Syrup.
Market Key Insights
- The Rice Syrup market is projected to grow from $2.1 billion in 2024 to $4.4 billion in 2034. This represents a CAGR of 7.7%, reflecting rising demand across Natural Sweetening Alternative, Health Food Ingredient and Brewing Component.
- Cargill Incorporated, Archer Daniels Midland Company, ABF Ingredients are among the leading players in this market, shaping its competitive landscape.
- China and U.S. are the top markets within the Rice Syrup market and are expected to observe the growth CAGR of 5.0% to 7.4% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and UAE are expected to observe highest growth with CAGR ranging between 8.9% to 10.6%.
- Transition like Shift Towards Organic Products is expected to add $104 million to the Rice Syrup market growth by 2030.
- The Rice Syrup market is set to add $2.3 billion between 2024 and 2034, with manufacturer targeting Pharmaceutical & Personal Care End-User Application projected to gain a larger market share.
- With Increasing health consciousness, and Demand for gluten-free and organic products, Rice Syrup market to expand 110% between 2024 and 2034.
Opportunities in the Rice Syrup
The expansion of the craft beer sector provides opportunities to incorporate rice syrup in brewing methods which can also change the taste and consistency of beers in a manner.
Growth Opportunities in North America and Europe
In North America's rice syrup market is experiencing growth fueled by a rise in health awareness and the preference for organic and natural sweeteners ingredients. The competition is heating up as players in the industry drive innovation forward. However the known status of rice syrup compared to traditional sweeteners creates room, for growth through promotional efforts and diversification of product offerings.
On the side in Europe's rice syrup industry is seeing faster expansion compared to elsewhere.There'sa rising need in this region because of the cases of lactose intolerance which is why rice syrup serves as a appealing option to sweeteners derived from dairy products. Also tight food safety laws in the EU contribute to the desire for natural items such, as rice syrup. Yet the industry is fiercely competitive presenting chances to businesses that can stand out with top notch products and fresh ideas.
Market Dynamics and Supply Chain
01
Driver: Increasing Health Consciousness, and Innovation in Food and Beverage Industries
today's consumers are also showing a growing concern for their health. Are also becoming more informed about the harmful effects of consuming added sugar products like high fructose corn syrup and sugar substitutes. As a result of this awareness there is also a rising interest in sweeteners like rice syrup which are also perceived as a better and healthier option, than traditional sugars. There are also new developments in the food and drink sectors that are also leading to a rise in the use of rice syrup in various products such as health conscious beverages and snack bars or, in the making of confectioneries and sauces/dressings.
The rise in popularity of gluten organic foods is also also boosting the demand for rice syrup in the market as it is also naturally free of gluten and can also be certified as organic; this makes it a preferred option for consumers, with specific dietary needs or preferences.
02
Restraint: High Production Costs
Specialty sweeteners like rice syrup can be costly to produce due to the manufacturing process involved in breaking down rice starches into sugars using enzymes which require labor and time intensive methods—ultimately hindering market expansion efforts significantly. Furthermore high costs of materials contribute to the overall production expenses making rice syrup less competitive compared to alternatives such, as cane sugar or high fructose corn syrup prompting manufacturers to consider more affordable options that may hinder the markets growth potential.
03
Opportunity: Adopting Rice Syrup in Vegan Diets and Expanding Use in Diabetic Friendly Confections
The growing knowledge and choice among consumers for plant based and vegan diets present a rising chance for rice syrup to be used as a sweetener derived from plants in vegan cooking recipes as an alternative, to traditional sugar and honey that maintains flavor and boosts nutritional benefits.
Rice syrup offers a potential in creating diabetic friendly treats and sweets because it has a lower glycemic index than regular sugar. This makes it a healthier option, for sweetening desserts.
04
Challenge: Lack of Consumer Awareness
Rice syrup isnt widely recognized by consumers in developing countries despite its advantages due to a lack of awareness about its uses and health benefits posing a challenge, for market entry.
Supply Chain Landscape
1
Cultivation & Harvesting
MonsantoKaveri Seed
2
Processing & Milling
CargillBunge Limited
3
Syrup Production
AGRANA Beteiligungs-AGQueen Fine Foods
4
Distribution & Retail
Unilever PLCWalmart Inc
1
Cultivation & Harvesting
MonsantoKaveri Seed
2
Processing & Milling
CargillBunge Limited
3
Syrup Production
AGRANA Beteiligungs-AGQueen Fine Foods
4
Distribution & Retail
Unilever PLCWalmart Inc
Use Cases of Rice Syrup in Natural Sweetening Alternative & Health Food Ingredient
Natural Sweetening Alternative : The use of rice syrup is mainly seen in food and drink products as a natural sweetener option instead of typical sugars because it enhances food texture and works well as a binding agent in baked goods like cakes and cookies for example. Companies such, as Suzannes Specialties and Natures One have taken advantage of this choice by providing rice syrup options tailored for health conscious individuals.
Health Food Ingredient : Nutritious and easily digestible rice syrup is widely used in health food items due to its nutritional benefits and ease on the digestive system. It is commonly found in energy bars and protein bars to offer a texture and gradual release of carbohydrates for long lasting energy. Brands, like NOW Foods and Purely Elizabeth cleverly leverage this quality in their health focused products.
Brewing Component : In the world of brewing beer rice syrup is highly appreciated for its fermentation qualities. It helps in creating a body for beers while maintaining desired alcohol levels, which is sought after in variouss of ales and lighter brews. Renowned breweries such, as Sapporo and Anheuser Busch have embraced rice syrup as an ingredient setting themselves apart from rivals by blending conventional brewing methods with creative ingredient selections.
Recent Developments
The market for rice syrup has seen growth in the past few years due to the growing number of health conscious individuals and the rising demand, for organic and gluten free products. As a natural sweetener derived from fermented cooked rice rice syrup is becoming increasingly popular across different sectors especially in the food and beverage industry.
December 2024 : WLFood Industries introduced a range of organic brown rice syrup products to meet the increasing interest, in organic food ingredients.
October 2024 : CoreSyrup Corporation acquired the rival company Sweet Rice Co., which has bolstered their standing, in the Rice Syrup sector.
August 2024 : AgriPure Protein Inc has put a lot of resources into researching and developing protein enriched rice syrup to cater to the needs of health consumers interested, in fitness and well being.
Impact of Industry Transitions on the Rice Syrup Market
As a core segment of the Packaged & Processed F&B industry,
the Rice Syrup market develops in line with broader industry shifts.
Over recent years, transitions such as Shift Towards Organic Products and Emergence of E-Commerce have redefined priorities
across the Packaged & Processed F&B sector,
influencing how the Rice Syrup market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
Shift Towards Organic Products
The Rice Syrup market is going through a shift due to the rising consumer interest in organic and non GMO products as people prioritize their health by avoiding artificial additives and preservatives in products they consume regularly This shift is pushing manufacturers to come up with innovative solutions like organic non GMO rice syrup to meet the growing demand, in the market
02
Emergence of E-Commerce
The Rice Syrup market is also being influenced by another change; the growth of e commerce platforms. As the online shopping trend gains momentum and more people turn to the internet for their purchases consumers are now inclined to buy rice syrup due to its convenience and accessibility. In response to this shift, towards shopping habits companies are now dedicating more resources toward improving their digital marketing tactics and bolstering their online visibility to engage a broader customer base and increase their sales revenue.