Latin America Rice Syrup Market Size & Outlook, 2023-2030
The rice syrup market in Latin America is expected to reach a projected revenue of US$ 358.2 million by 2030. A compound annual growth rate of 4.4% is expected of Latin America rice syrup market from 2024 to 2030.
Revenue, 2023 (US$M)
$265.0
Forecast, 2030 (US$M)
$358.2
CAGR, 2024 - 2030
4.4%
Report Coverage
Latin America
Latin America rice syrup market, 2018-2030 (US$M)
Latin America rice syrup market highlights
- The Latin America rice syrup market generated a revenue of USD 265.0 million in 2023.
- The market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, organic rice syrup was the largest revenue generating type in 2023.
- Organic Rice Syrup is the most lucrative type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 265.0 million |
| Market revenue in 2030 | USD 358.2 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Organic rice syrup |
| Fastest growing segment | Organic Rice Syrup |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Organic Rice Syrup |
| Key market players worldwide | Axiom Foods, Archer Daniels Midland Company, Cargill, ABF Ingredients |
Other key industry trends
- In terms of revenue, Latin America region accounted for 12.7% of the global rice syrup market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,040.7 million by 2030.
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Rice Syrup Market Scope
Rice syrup market segmentation & scope
Application
Food & Beverage Industry
Infant Formula
Nutritional Supplements
Sauces & Dressings
Others
Form
Liquid
Powder
Distribution Channel
Supermarkets & Hypermarkets
Convenience Stores
Online
Others
Countries
U.S.
Canada
Mexico
UK
Spain
Italy
Germany
France
Brazil
UAE
Australia
China
India
Japan
South Korea
Rice Syrup Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America rice syrup market
Related regional statistics
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