What is Popping Candy Market?
Popping candy is a confectionery product that reacts to contact with moisture, especially by bubbling. Popping candy usually looks like tiny crystals, or "stones," although it can be powdery and comes in a variety of colors and flavors. "Popping Candy" is also known as "Pop Rocks", "Space Dust", "Action Candy" and "Cosmic Candy" which are all names of commercially made versions of the candy. Corn syrup, sugar, and lactose are the main ingredients for popping candy, along with flavors and colors. Popping candy is usually made by contacting the melted mixture of ingredients with pressurized carbon dioxide gas, which causes small bubbles of the gas to become trapped in the pastry shop as it cools. When in contact with moisture, candy popping makes a crackling and popping sound that is caused by the release of carbon dioxide as the candy melts, usually on the tongue. The tiny bubbles of carbon dioxide in popping candy can be seen with a microscope. The product can be purchased in small, sealed packets and is also available in candy bars and other confectionery products.
The market study is being classified by Type (Cola Flavor, Fruit Flavor and Chocolate Flavor), by Application (Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales and Others) and major geographies with country level break-up.
Pop Rocks (United States), The Hershey Company (United States), Reese (United States), Meji Holdings Co. Ltd. (Japan), TILTAY (Turkey), Lantos (China), Hleks (Turkey), Baida (China), Amada Co. (Japan) and GF Co. Ltd. (South Korea) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to avail of competitive advantage through combined collaborations. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Popping Candy market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Popping Candy market by Type, Application and Region.
On the basis of geography, the market of Popping Candy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Rising Cotton Candy Consumption across Various Age Groups
- Growth in the Retail Market
- Growing E-Commerce Industry is Providing the Platform to Sellers
Market Trend
- Demand for Sugar-free and Low-calorie Cotton Candy
Restraints
- Growth in Health Awareness Globally
Opportunities
- Disposable Income has Increased Which has Allowed the People to Purchase These Kind of Products
Challenges
- Growing Health Consciousness Among the People
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries