Rock Candy Market size is valued at USD 244.68 Million in 2021 and is expected to reach USD 332.76 Million by 2028 with a CAGR of 4.49% over the forecast period.
Rock Candy Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2028. Increasing disposable income of the people tends to rise in expenditure on food & beverage products and growing demand for sugar confectionary products across the globe as well as changing food preferences of consumers are some important factors driving the growth of rock candy market.
Rock candy is also known as sugar candy is made from crystal sugar in different shapes and size. Rock candy has unique texture, crystalline form in candy to make candy crunchy. Different flavors are added into candy to enhance taste and texture of rock candy. This candy is formed by allowing a supersaturated solution of sugar and water to crystallize onto a surface suitable for crystal nucleation, such as a string, stick, or plain granulated sugar. Heating the water before adding the sugar allows more sugar to dissolve thus producing larger crystals. Crystals form after 6 to 7 days. Food coloring may be added to the mixture to produce colored candy. Customized rock candy is available in the market to attract children added with name and logo on candies with different colors and flavors.
Rock candy market is segmented into type, flavor, distribution channel, region and country. On the basis of type, rock candy market is segmented into rock candy on sticks, rock candy as free crystals and others. Based on the flavor, rock candy market is segmented into orange, raspberry, cherry, lemon and others. On the basis of distribution channel, rock candy market is segmented into hypermarket, convenience store, online retailer and others.
The regions covered in global rock candy market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, Global rock candy market sub divided in U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
The Ferrero Group has acquired Ferrara Candy Company.
News: 15 Oct 2017- The Ferrero Group, a global confectionary group has acquired Ferrara Candy Company, a leading player in candies categories. This acquisition will increase footprints as well as product portfolio of the company and also presence of new confectionary categories including gummy and candies.
Rock Candy Market Dynamics-
The key factor for the growth of rock candy market is increasing demand for confectionary food products across the globe. Furthermore, rapidly changing preference of consumers towards customized rock candy with added different shapes, size and flavors of rock candy which attracts kids this has led to an increase in demand of rock candy is driving the growth of rock candy market. Additionally, rapid urbanization coupled with rising disposable income of the people this has increases consumers expenses on food & beverage products is driving the growth of rock candy market. In addition, increasing production of innovative rock candy by manufacturer by using different colors to enhance taste and texture of rock candy coupled with rising craving for favourable rock candies is driving the growth of rock candy market. However, the factors which restrict the growth of rock candy market are negative effects of sugar on body such as obesity and diabetes. Moreover, introduction of sugar free candies in the market for health conscious people will create huge opportunity in rock candy market.
Rock Candy Market Regional Analysis-
Asia-Pacific is expected to dominate the growth of rock candy market due to increasing population coupled with rising disposable income of the people which led to rise in expenses on food & beverage industry. Furthermore, increasing growth of food & beverage industry in this region is driving the growth rock candy market.
Europe is also projected to grow at faster pace due to increasing demand for confectionary food products in this region. Moreover, rising trend of customized rock candy for different shapes and colors is driving the growth rock candy market in this region.
North-America is also anticipated to grow due rising craving for favourable rock candies coupled with increasing production of innovative candies to attract kids with added various colors to enhance flavor and texture of rock candy is driving the growth rock candy market in this region.
Key Benefits for rock candy market reports –
Global rock candy market report covers in depth historical and forecast analysis.
Global rock candy Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global rock candy market report helps to identify opportunities in market place.
Global rock candy market report covers extensive analysis of emerging trends and competitive landscape.
By Type -
By Flavors -
By Distribution Channel -
By Regional & Country Analysis
North America, U.S., Mexico, Canada , Europe, UK, France, Germany, Italy , Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of Middle East and Africa
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