Global Rock Candy Market: Market Overview
Rock candy is the formulation of sugar and water with added flavors extracts, natural and artificial colors and other food ingredients. The production of rock candy is based on crystallization, which is made from a concentrated solution of sugar in water and it comes in numerous colors and varieties and has a long history in popular culture. Sugar is a carbohydrate composed of hydrogen and oxygen molecule has two types of sugar monosaccharaides and disaccharides. The type of sugar used in the making of rock candy can affect the size of the sugar crystal. White sugar is mostly used in the making of rock candy. Rock candy is popular across the globe and one of the loved products in the kids and adults as well. In some countries, rock candy is used in the making of tea and coffee to improve the taste. Rock candy makes a good substitute for dessert after a meal and is widely used in restaurants as a dessert substitute. The natural and organic candies are most preferred as compared to synthetic.
Global Rock Candy Market: Market Dynamics
The increasing number population between 0-14 years throughout the globe is driving the growth of the rock candy market. Rock candies are the most popular dessert in the kids, this kid population is the potential consumers for rock candy market which are driving the growth. In terms of buying rock candies for the kid’s parent became more secure while choosing the product. Parents prefer natural and organic candies for the kids instead of synthetic rock candy due to health consciousness. Natural and organic rock candies have benefits to consumers’ health, with the taste and color these candies contain added nutrients, natural flavors, and colors that attract consumers towards the product. These factors fueling the demand for rock candy market. Rock candies are popular in the egged population as well who prefer rock candy as a mouth freshener and dessert. According to the world health organization in 2018, 125 million people are aged 80 years old which are driving the growth of rock candy market and products.
Global Rock Candy Market: Market Segmentation
In terms of product type, Global Rock Candy Market has been segmented as,
In terms of flavor, Global Rock Candy Market has been segmented as,
In terms of distribution channel, Global Rock Candy Market has been segmented as,
In terms of region, Global Rock Candy Market has been segmented as,
Global Rock Candy Market: Key Players
Some of the key players engaged in the global rock candy market are, YAS LTD, Kings of Rock, Primrose Candy Company., Rock Candy Kingdom, Australian Sweet Co., Coronation Candy., Piradel Rock Candy, Half Nuts., Stanton & Novelty Confectioners Ltd, Smith Candy, and others. These key players are looking for business development through new product development and innovation.
Opportunities for key participants in the global rock candy market.
Increasing global population, especially between 0-14 years of the population is driving the growth of rock candy products and market. Changing taste habits and new products innovations according to the consumer demand are the key factor in the growth of global rock candy market. Asia Pacific region has the highest number population including all age ranges and is growing on a huge scale which has the most prominent market for rock candy products. In the European region, people are more health conscious as compared to others and these consumers prefer natural food products which fueling huge market opportunities for the natural rock candy market. North America and Latin America have a steady growth for the rock candy market, which can create huge market opportunities for the rock candy market. Manufacturers need to focus on new product innovations with new natural flavors and taste which can attract huge consumers towards rock candy products in the future.