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Step 1
Prep a 12 x 17" sheet pan by lining it with parchment paper.
Step 2
Combine all ingredients in a large, thick bottomed, heavy duty pot. Stirring constantly, heat on medium heat until all ingredients have melted and dissolved. Bring to a boil over medium heat. You will need to stir from start to finish with this caramel. This is around 40 minutes. You do not stop stirring. Have a show ready to watch, have a podcast ready to listen to, don't have kids around that can distract you.
Step 3
Once boiling, increase heat to medium high. Cook until temperature reaches 242, stirring the whole time.
Step 4
Pour out on parchment paper. Cool for a minimum of four hours.
Step 5
In a 5 quart mixing bowl, Whisk gelatin into cold water. Set aside while syrup slurry cooks. Before beginning cooking syrup, set up a hot water bath for the gelatin but do not put the gelatin in it.
Step 6
Combine sugar, honey, corn syrup, and water in a heavy duty, thick bottomed pot. Stirring constantly, cook until temperature reaches 252F. Turn off heat. Cool undisturbed until 212F.
Step 7
While syrup is cooling, place gelatin in a hot water bath until it is fluid. Place mixing bowl on mixing stand. When syrup has reached 212F, begin mixing with the whisk attachment on high.
Step 8
Slowly stream syrup into whisking gelatin. Once all syrup has been added, mix on high for 8 minutes. Add vanilla and mix for 20 more seconds.
Step 9
Spread evenly on top of cooled caramel. Place a piece of oiled parchment on top of marshmallow.
Step 10
Let marshmallow sit undisturbed for 12-24 hours. Cut into desired size. I recommend 1" x 1.25"
Step 11
Store in an airtight container.