Rock Sugar Market Size, Share, Growth, and Industry Analysis, By Type (Monocrystalline/Monocrystal rock sugar, Natural Rock Sugar and others), By Application (Restaurants, Retails and others), and Regional Forecast to 2031

Updated On: 22 April 2024

Rock Sugar Market REPORT OVERVIEW

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The global rock sugar market size was USD 263.03 million in 2021. As per our research, the market is expected to reach USD 386.46 million in 2027, exhibiting a CAGR of 6.62% during the forecast period. The global COVID-19 pandemic has been unprecedented and staggering, with Rock Sugar market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Rock Sugar, often known as Sugar Candy in British English, is a form of confection made of unusually big sugar crystals. Allowing a supersaturated solution of sugar and water to crystallise onto a surface suited for crystal nucleation, such as a string, stick, or plain granulated sugar, produces this candy. When the water is heated before adding the sugar, more sugar dissolves, resulting in bigger crystals. After 6 to 7 days, crystals develop. Coloured candy may be made by adding food colouring to the recipe.

Rock sugar is a type of dessert made of huge sugar crystals that develop after boiling and cooling Sugar Syrup. After the syrup mixture has been saturated with sugar, the sugar molecules form crystals on a skewer or other item. After that, the skewer is allowed to cool, enabling crystals to form. As a result, you get a sweet, crunchy delicacy that may be eaten as a snack or used to decorate cakes and other delicacies.

Monocrystalline /Monocrystal Rock Candy is a sugar crystal-based rock candy. Because of its crystalline structure, it has a distinct glossy and dazzling appearance. It's prepared by gently heating sugar and water until the sugar crystallises. After that, the sugar syrup is poured over a heat-resistant surface and allowed to cool, resulting in a hard candy that can be broken into separate pieces. Monocrystalline/Monocrystal Rock Candy is used in a variety of culinary applications, including baking and decorating cakes and other delicacies. They are in its natural state Rock candy manufactured from pure Cane Sugar with no preservatives or artificial flavours is a form of rock candy. It is generally white in colour and has a crunchy texture. It may be used as a sweetener in food and drinks, as well as a dessert topping. It may also be used to garnish cocktails and other drinks.

COVID-19 Impact: Supply chains distort the market.

The covid 19 outbreak impacted several businesses, leading in a scarcity of raw materials and disrupted supply chains. Transportation and tourism were totally closed leading to unavailability of materials in the industries which affected the production process also disrupted the markets due to the lockdown. Furthermore, the epidemic has a non-favourable influence on the enterprise's business operations, which disrupts the market as a whole. This has had an effect on the industry.

LATEST TRENDS

"Growing popularities of Artisanal Candies to stimulate market expansion"

The growing popularity of handmade confections, Artisanal sweets, which are prepared with high-quality ingredients and have distinct flavours, are becoming increasingly popular. Rock candy is ideal for this trend since it can be manufactured in a number of flavours to appeal to a wide range of customers. Consumers are becoming increasingly interested in nostalgic sweets that bring back memories of their youth. Rock candy is a good fit for this trend since it has been around for centuries and has a classic flavour profile that many people remember from their youth. Increased demand for natural and healthy snacks, the worldwide health and wellness movement is increasing demand for better snack choices such as rock candy. As customers move away from processed foods, this creates a potential opportunity for the rock sugar Market. Thus, the process of Growing popularities of artisanal candies is a major trend that is creating opportunity for the industry to flourish. The market's overall expansion is primarily the result of these recent changes.

Rock Sugar Market SEGMENTATION

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By Type

The market is divided into categories based on type, Monocrystalline /Monocrystal rock sugar, Natural Rock Sugar and others.

By Application

The market is divided into Restaurants, Retails and other categories based on application.

DRIVING FACTORS

"Health benefits of the product that Boosts the Market"

A simple carbohydrate is rock sugar. Simple carbohydrates, such as the product, table sugar, syrup, and honey, are readily metabolised in the body. They are quickly turned down into glucose after intake, producing blood sugar rises and decreases. As a result, like table sugar, it provides a rapid supply of energy for your body's cells, tissues, and organs. Rock sugar is often sweeter than an equal amount of pure table sugar. It is more diluted than refined sugar since it is formed from a water and sugar mix. Replacing refined sugar with the same volume of product crystals may result in less sugar consumption and fewer calories absorbed. As a result, the market will benefit from growth and adoption of the product in various sectors. It will help the Food and Beverages sector flourish and accelerate the Rock Sugar market growth.

"Usage of the product in many cuisines to support market expansion"

Tea is frequently used to dissolve rock candy. A lump of product is placed at the bottom of the cup, which is an important aspect of tea culture. In many countries, rock candy drunk with tea is also the most frequent and popular manner of drinking tea; the most popular nabat is saffron. It is a frequent element in various dishes, including chrysanthemum tea, Cantonese dessert soups and the liquor baijiu. Many people keep rock candy on hand to marinade meats, add to stir fries, and make foods like yao shan. They were once considered a luxury item reserved for the rich. Rock candy is also known as. Rock and rye are a name used to describe both alcoholic liqueurs and cocktails prepared with rye whisky and rock candy, as well as non-alcoholic beverages manufactured to look like them, such as Faygo's "Rock & Rye" flavour of soda pop. Together, these elements are encouraging market expansion, which is raising business revenues. As a result, the market will grow thanks to the usage of the product in many cuisines.

RESTRAINING FACTORS

"Increasing health awareness Will Prevent Market Expansion"

Nowadays people prefer a proper diet and healthy food with good taste and avoid all the high calorie and unhealthy food for a good long-life style. On the other hand, sugar candies are considered as high calorie food product which can affect the health and also have a part in increasing you body fat thus people avoid all the sweet products in their daily consumption restraining the sugar rock market. This will be a significant impediment to market growth during the forecast period. This could be a significant issue limiting market growth. If this issue is resolved, the market will immediately begin to grow.

Rock Sugar Market REGIONAL INSIGHTS

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"Market is Globally Dominated by North America"

Since this area is the largest user of the product, the market for Rock Sugar in North America has profited from the region's expanding industrial development and several driving factors that have boosted the potential sectors. The increasing demand for products in the Restaurants, Retails and other industries is one of the important factors driving the Rock Sugar Market Share. Rapid urbanisation trends will further strengthen the market as a whole.

KEY INDUSTRY PLAYERS

"Leading Manufacturers to Boost Product Demand"

The analysis covers data on market participants and their positions within the industry. Through appropriate research, mergers, technological development, expanding production facilities, and collaboration, data is being gathered and made available. Information on manufacturers, regions, types, applications, sales channels, distributors, traders, dealers, research findings, and more is provided in the study on materials.

List of Market Players Profiled

• GLOBAL PACK CO LIMITED (Hong Kong)
• Cheng Yew Heng Candy Factory Pte Ltd (Singapore)
• Guangdong Nanz Technology Co.,Ltd. (China)
• Shanghai Genyond Technology Co., Ltd. (China)
• Sweet Home Candied Products Sdn. Bhd. (Malaysia)

REPORT COVERAGE

The study goes into great detail about market segmentation by type and application. The study examines a broad range of participants, including existing and potential market leaders. A considerable market expansion is anticipated as a result of several important factors. In order to provide market insights, the research additionally analyses elements that are probably to boost Rock Sugar Market share. The report makes forecasts for market expansion during the projected time period. The objective of the regional study is to explain why one region dominates the worldwide market. There are a lot of issues that have all been carefully considered that prevent the industry from growing. The research also contains a market strategic analysis. It includes thorough market information.