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Global Fructooligosaccharide (FOS) Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

April 2024 | 131 pages | ID: GF7A5122B99EEN
APO Research

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A fructooligosaccharide (also written fructo-oligosaccharide) is a carbohydrate, which is made out of a short chain of fructose molecules. Fructooligosaccharides is added to many processed foods, mainly as a prebiotic or fiber supplement but also as a sweetener. It is also classed as an oligosaccharide; oligo meaning few and saccharide, sugar. Fructooligosaccharides are also sometimes called oligofructose. Often the term is abbreviated to the letters FOS.

According to APO Research, The global Fructooligosaccharide (FOS) market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

In the global fructooligosaccharide (FOS) market, the main companies are Meiji, Beneo-Orafti, Sensus and QHT. The top 3 have a market share close to 65%. The main regions are the Asia-Pacific region and Europe market, with a market share of over 70%.

This report presents an overview of global market for Fructooligosaccharide (FOS), sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Fructooligosaccharide (FOS), also provides the sales of main regions and countries. Of the upcoming market potential for Fructooligosaccharide (FOS), and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Fructooligosaccharide (FOS) sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Fructooligosaccharide (FOS) market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Fructooligosaccharide (FOS) sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Meiji, QHT, Beneo-Orafti, Baolingbao Biology, BMI, Xylem Inc, Ingredion, Sensus and Bailong, etc.

Fructooligosaccharide (FOS) segment by Company
  • Meiji
  • QHT
  • Beneo-Orafti
  • Baolingbao Biology
  • BMI
  • Xylem Inc
  • Ingredion
  • Sensus
  • Bailong
  • Cosucra
Fructooligosaccharide (FOS) segment by Type
  • Liquid FOS
  • Solid FOS
Fructooligosaccharide (FOS) segment by Application
  • Food
  • Baby Nutrition Products
  • Health Products
  • Others
Fructooligosaccharide (FOS) segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Study Objectives

1. To analyze and research the global Fructooligosaccharide (FOS) status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions Fructooligosaccharide (FOS) market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify Fructooligosaccharide (FOS) significant trends, drivers, influence factors in global and regions.

6. To analyze Fructooligosaccharide (FOS) competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Fructooligosaccharide (FOS) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Fructooligosaccharide (FOS) and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Fructooligosaccharide (FOS).

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Fructooligosaccharide (FOS) market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).

Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Fructooligosaccharide (FOS) industry.

Chapter 3: Detailed analysis of Fructooligosaccharide (FOS) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales and value of Fructooligosaccharide (FOS) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.

Chapter 7: Sales and value of Fructooligosaccharide (FOS) in country level. It provides sigmate data by type, and by application for each country/region.

Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 10: Concluding Insights.

Chapter 10: Concluding Insights.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Fructooligosaccharide (FOS) Sales Value (2019-2030)
  1.2.2 Global Fructooligosaccharide (FOS) Sales Volume (2019-2030)
  1.2.3 Global Fructooligosaccharide (FOS) Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives

2 FRUCTOOLIGOSACCHARIDE (FOS) MARKET DYNAMICS

2.1 Fructooligosaccharide (FOS) Industry Trends
2.2 Fructooligosaccharide (FOS) Industry Drivers
2.3 Fructooligosaccharide (FOS) Industry Opportunities and Challenges
2.4 Fructooligosaccharide (FOS) Industry Restraints

3 FRUCTOOLIGOSACCHARIDE (FOS) MARKET BY COMPANY

3.1 Global Fructooligosaccharide (FOS) Company Revenue Ranking in 2023
3.2 Global Fructooligosaccharide (FOS) Revenue by Company (2019-2024)
3.3 Global Fructooligosaccharide (FOS) Sales Volume by Company (2019-2024)
3.4 Global Fructooligosaccharide (FOS) Average Price by Company (2019-2024)
3.5 Global Fructooligosaccharide (FOS) Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Fructooligosaccharide (FOS) Company Manufacturing Base & Headquarters
3.7 Global Fructooligosaccharide (FOS) Company, Product Type & Application
3.8 Global Fructooligosaccharide (FOS) Company Commercialization Time
3.9 Market Competitive Analysis
  3.9.1 Global Fructooligosaccharide (FOS) Market CR5 and HHI
  3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
  3.9.3 2023 Fructooligosaccharide (FOS) Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion

4 FRUCTOOLIGOSACCHARIDE (FOS) MARKET BY TYPE

4.1 Fructooligosaccharide (FOS) Type Introduction
  4.1.1 Liquid FOS
  4.1.2 Solid FOS
4.2 Global Fructooligosaccharide (FOS) Sales Volume by Type
  4.2.1 Global Fructooligosaccharide (FOS) Sales Volume by Type (2019 VS 2023 VS 2030)
  4.2.2 Global Fructooligosaccharide (FOS) Sales Volume by Type (2019-2030)
  4.2.3 Global Fructooligosaccharide (FOS) Sales Volume Share by Type (2019-2030)
4.3 Global Fructooligosaccharide (FOS) Sales Value by Type
  4.3.1 Global Fructooligosaccharide (FOS) Sales Value by Type (2019 VS 2023 VS 2030)
  4.3.2 Global Fructooligosaccharide (FOS) Sales Value by Type (2019-2030)
  4.3.3 Global Fructooligosaccharide (FOS) Sales Value Share by Type (2019-2030)

5 FRUCTOOLIGOSACCHARIDE (FOS) MARKET BY APPLICATION

5.1 Fructooligosaccharide (FOS) Application Introduction
  5.1.1 Food
  5.1.2 Baby Nutrition Products
  5.1.3 Health Products
  5.1.4 Others
5.2 Global Fructooligosaccharide (FOS) Sales Volume by Application
  5.2.1 Global Fructooligosaccharide (FOS) Sales Volume by Application (2019 VS 2023 VS 2030)
  5.2.2 Global Fructooligosaccharide (FOS) Sales Volume by Application (2019-2030)
  5.2.3 Global Fructooligosaccharide (FOS) Sales Volume Share by Application (2019-2030)
5.3 Global Fructooligosaccharide (FOS) Sales Value by Application
  5.3.1 Global Fructooligosaccharide (FOS) Sales Value by Application (2019 VS 2023 VS 2030)
  5.3.2 Global Fructooligosaccharide (FOS) Sales Value by Application (2019-2030)
  5.3.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application (2019-2030)

6 FRUCTOOLIGOSACCHARIDE (FOS) MARKET BY REGION

6.1 Global Fructooligosaccharide (FOS) Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Fructooligosaccharide (FOS) Sales by Region (2019-2030)
  6.2.1 Global Fructooligosaccharide (FOS) Sales by Region: 2019-2024
  6.2.2 Global Fructooligosaccharide (FOS) Sales by Region (2025-2030)
6.3 Global Fructooligosaccharide (FOS) Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Fructooligosaccharide (FOS) Sales Value by Region (2019-2030)
  6.4.1 Global Fructooligosaccharide (FOS) Sales Value by Region: 2019-2024
  6.4.2 Global Fructooligosaccharide (FOS) Sales Value by Region (2025-2030)
6.5 Global Fructooligosaccharide (FOS) Market Price Analysis by Region (2019-2024)
6.6 North America
  6.6.1 North America Fructooligosaccharide (FOS) Sales Value (2019-2030)
  6.6.2 North America Fructooligosaccharide (FOS) Sales Value Share by Country, 2023 VS 2030
6.7 Europe
  6.7.1 Europe Fructooligosaccharide (FOS) Sales Value (2019-2030)
  6.7.2 Europe Fructooligosaccharide (FOS) Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
  6.8.1 Asia-Pacific Fructooligosaccharide (FOS) Sales Value (2019-2030)
  6.8.2 Asia-Pacific Fructooligosaccharide (FOS) Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
  6.9.1 Latin America Fructooligosaccharide (FOS) Sales Value (2019-2030)
  6.9.2 Latin America Fructooligosaccharide (FOS) Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
  6.10.1 Middle East & Africa Fructooligosaccharide (FOS) Sales Value (2019-2030)
  6.10.2 Middle East & Africa Fructooligosaccharide (FOS) Sales Value Share by Country, 2023 VS 2030

7 FRUCTOOLIGOSACCHARIDE (FOS) MARKET BY COUNTRY

7.1 Global Fructooligosaccharide (FOS) Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Fructooligosaccharide (FOS) Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Fructooligosaccharide (FOS) Sales by Country (2019-2030)
  7.3.1 Global Fructooligosaccharide (FOS) Sales by Country (2019-2024)
  7.3.2 Global Fructooligosaccharide (FOS) Sales by Country (2025-2030)
7.4 Global Fructooligosaccharide (FOS) Sales Value by Country (2019-2030)
  7.4.1 Global Fructooligosaccharide (FOS) Sales Value by Country (2019-2024)
  7.4.2 Global Fructooligosaccharide (FOS) Sales Value by Country (2025-2030)
7.5 USA
  7.5.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.5.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.5.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.6 Canada
  7.6.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.6.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.6.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.7 Germany
  7.7.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.7.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.7.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.8 France
  7.8.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.8.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.8.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
  7.9.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.9.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.9.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.10 Italy
  7.10.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.10.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.10.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
  7.11.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.11.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.11.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
  7.12.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.12.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.12.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.13 China
  7.13.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.13.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.13.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.14 Japan
  7.14.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.14.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.14.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
  7.15.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.15.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.15.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
  7.16.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.16.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.16.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.17 India
  7.17.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.17.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.17.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.18 Australia
  7.18.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.18.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.18.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
  7.19.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.19.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.19.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
  7.20.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.20.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.20.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
  7.21.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.21.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.21.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
  7.22.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.22.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.22.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030
7.23 UAE
  7.23.1 Global Fructooligosaccharide (FOS) Sales Value Growth Rate (2019-2030)
  7.23.2 Global Fructooligosaccharide (FOS) Sales Value Share by Type, 2023 VS 2030
  7.23.3 Global Fructooligosaccharide (FOS) Sales Value Share by Application, 2023 VS 2030

8 COMPANY PROFILES

8.1 Meiji
  8.1.1 Meiji Comapny Information
  8.1.2 Meiji Business Overview
  8.1.3 Meiji Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.1.4 Meiji Fructooligosaccharide (FOS) Product Portfolio
  8.1.5 Meiji Recent Developments
8.2 QHT
  8.2.1 QHT Comapny Information
  8.2.2 QHT Business Overview
  8.2.3 QHT Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.2.4 QHT Fructooligosaccharide (FOS) Product Portfolio
  8.2.5 QHT Recent Developments
8.3 Beneo-Orafti
  8.3.1 Beneo-Orafti Comapny Information
  8.3.2 Beneo-Orafti Business Overview
  8.3.3 Beneo-Orafti Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.3.4 Beneo-Orafti Fructooligosaccharide (FOS) Product Portfolio
  8.3.5 Beneo-Orafti Recent Developments
8.4 Baolingbao Biology
  8.4.1 Baolingbao Biology Comapny Information
  8.4.2 Baolingbao Biology Business Overview
  8.4.3 Baolingbao Biology Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.4.4 Baolingbao Biology Fructooligosaccharide (FOS) Product Portfolio
  8.4.5 Baolingbao Biology Recent Developments
8.5 BMI
  8.5.1 BMI Comapny Information
  8.5.2 BMI Business Overview
  8.5.3 BMI Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.5.4 BMI Fructooligosaccharide (FOS) Product Portfolio
  8.5.5 BMI Recent Developments
8.6 Xylem Inc
  8.6.1 Xylem Inc Comapny Information
  8.6.2 Xylem Inc Business Overview
  8.6.3 Xylem Inc Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.6.4 Xylem Inc Fructooligosaccharide (FOS) Product Portfolio
  8.6.5 Xylem Inc Recent Developments
8.7 Ingredion
  8.7.1 Ingredion Comapny Information
  8.7.2 Ingredion Business Overview
  8.7.3 Ingredion Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.7.4 Ingredion Fructooligosaccharide (FOS) Product Portfolio
  8.7.5 Ingredion Recent Developments
8.8 Sensus
  8.8.1 Sensus Comapny Information
  8.8.2 Sensus Business Overview
  8.8.3 Sensus Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.8.4 Sensus Fructooligosaccharide (FOS) Product Portfolio
  8.8.5 Sensus Recent Developments
8.9 Bailong
  8.9.1 Bailong Comapny Information
  8.9.2 Bailong Business Overview
  8.9.3 Bailong Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.9.4 Bailong Fructooligosaccharide (FOS) Product Portfolio
  8.9.5 Bailong Recent Developments
8.10 Cosucra
  8.10.1 Cosucra Comapny Information
  8.10.2 Cosucra Business Overview
  8.10.3 Cosucra Fructooligosaccharide (FOS) Sales, Value and Gross Margin (2019-2024)
  8.10.4 Cosucra Fructooligosaccharide (FOS) Product Portfolio
  8.10.5 Cosucra Recent Developments

9 VALUE CHAIN AND SALES CHANNELS ANALYSIS

9.1 Fructooligosaccharide (FOS) Value Chain Analysis
  9.1.1 Fructooligosaccharide (FOS) Key Raw Materials
  9.1.2 Raw Materials Key Suppliers
  9.1.3 Manufacturing Cost Structure
  9.1.4 Fructooligosaccharide (FOS) Sales Mode & Process
9.2 Fructooligosaccharide (FOS) Sales Channels Analysis
  9.2.1 Direct Comparison with Distribution Share
  9.2.2 Fructooligosaccharide (FOS) Distributors
  9.2.3 Fructooligosaccharide (FOS) Customers

10 CONCLUDING INSIGHTS

11 APPENDIX

11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
  11.5.1 Secondary Sources
  11.5.2 Primary Sources
11.6 Disclaimer


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