Candy is a popular sweet food with sugar as its main ingredient. It can be found in any form, from chocolate to chewing gum, and can be purchased in any grocery store. In the U.S, candy is known as "sweets" in some states, and is a staple of American culture.
The first ingredient in candy is sugar. Typically, sugar is boiled to a very high temperature. The high temperature causes crystallization of the candy. The higher the sugar, the lower the risk of crystallization. The process is accurate and regulated by the FDA and food safety agencies. In addition to using sugar, manufacturers can use corn syrup or manufactured invert to prevent crystallization. This substance contains complex saccharides, which help increase viscosity and solubility.
The crystallized form of sugar syrup known as candy has been gaining high demand all over the globe and especially popular among the kids. There has been a rising demand for the chocolate candies, across the globe that has majorly contributed to the rise and expansion of the candy market. For instance, according to Coherent Market Insights analysis’ the global chocolate candy market increased to US$ 71,533.7 Mn in 2019 from US$ 68,851.0 Mn in 2018.
The global candy market is estimated to surpass US$ 1,44,459.0 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 3.4% during the forecast period (2020 to 2027).
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