caramel vs caramelized sugar

caramel and caramelized sugar both are nouns.

Word	Noun	Adjective	Verb	Adverb
caramel	Yes	Yes	No	No
caramelized sugar	Yes	No	No	No

As nouns, caramel and caramelized sugar are synonyms defined as:

caramel and caramelized sugar: burnt sugar; used to color and flavor food

caramel (noun)	caramelized sugar (noun)
a medium to dark tan color	burnt sugar; used to color and flavor food
firm chewy candy made from caramelized sugar and butter and milk
burnt sugar; used to color and flavor food

caramel (adjective)	caramelized sugar (adjective)
having the color of caramel; of a moderate yellow-brown