Cibi e Bevande
Rice Syrup Market to Gain Valuation of US$ 2.3 Bn by 2031, Notes TMR Study
ALBANY, N.Y. , Jan. 19, 2022 /PRNewswire/ -- Analysts at Transparency Market Research (TMR) project the global rice syrup market to expand at a CAGR of 3.7% during the forecast period of 2021 to 2031.
With rising spread of coronavirus around the world, people are increasingly focusing on boosting their immunity to stay away from the infection. This factor is encouraging them to consume organic food products, which, in turn, is driving the revenue growth in the global rice syrup market.
The increasing awareness on the importance of healthy lifestyle among people across the globe is resulting in their rising inclination toward using alternative options for artificial sweeteners in different products, including desserts, dairy products, and bakery products. Organic rice syrup is gaining traction among this consumer base as a low-calorie sweetener. Thus, rise in the use of rice syrup instead of high fructose corn syrup is driving the sales prospects in the rice syrup market.
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Some of the key players profiled in the report are:
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Food & Beverages
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