Global Lactoferrin Products Competitive Landscape Professional Research Report 2025
Description
Research Summary
Lactoferrin products refer to items that contain lactoferrin, a multifunctional protein with diverse applications in the health and wellness industry. Lactoferrin, often derived from milk, is known for its antimicrobial, antioxidant, and immune-modulating properties. Lactoferrin products can include dietary supplements, functional foods, and skincare formulations. In the realm of supplements, lactoferrin is promoted for its potential immune-boosting benefits and its role in supporting overall health. Functional foods enriched with lactoferrin aim to provide consumers with a convenient way to incorporate this bioactive protein into their diet. In skincare, lactoferrin is utilized for its antioxidant properties and its potential to promote skin health. Lactoferrin products continue to gain attention for their potential health-promoting effects, contributing to the growing market of functional and bioactive ingredients in various consumer products.
According to DIResearch's in-depth investigation and research, the global Lactoferrin Products market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Lactoferrin Products include Fonterra Group, Synlait Milk, FrieslandCampina (DMV), Bega Cheese, Tatua, Westland Milk (Yili Group), Saputo, Milei Gmbh, Ingredia Nutritional, Glanbia Nutritionals, Hilmar Cheese Company etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Lactoferrin Products. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Lactoferrin Products market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Lactoferrin Products market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Lactoferrin Products industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Lactoferrin Products Include:
Fonterra Group
Synlait Milk
FrieslandCampina (DMV)
Bega Cheese
Tatua
Westland Milk (Yili Group)
Saputo
Milei Gmbh
Ingredia Nutritional
Glanbia Nutritionals
Hilmar Cheese Company
Lactoferrin Products Product Segment Include:
Freeze Drying
Spray Dying
Lactoferrin Products Product Application Include:
Infant Formula
Dietary Supplement
Pharmaceutical
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Lactoferrin Products Industry PESTEL Analysis
Chapter 3: Global Lactoferrin Products Industry Porter’s Five Forces Analysis
Chapter 4: Global Lactoferrin Products Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Lactoferrin Products Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Lactoferrin Products Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Lactoferrin products refer to items that contain lactoferrin, a multifunctional protein with diverse applications in the health and wellness industry. Lactoferrin, often derived from milk, is known for its antimicrobial, antioxidant, and immune-modulating properties. Lactoferrin products can include dietary supplements, functional foods, and skincare formulations. In the realm of supplements, lactoferrin is promoted for its potential immune-boosting benefits and its role in supporting overall health. Functional foods enriched with lactoferrin aim to provide consumers with a convenient way to incorporate this bioactive protein into their diet. In skincare, lactoferrin is utilized for its antioxidant properties and its potential to promote skin health. Lactoferrin products continue to gain attention for their potential health-promoting effects, contributing to the growing market of functional and bioactive ingredients in various consumer products.
According to DIResearch's in-depth investigation and research, the global Lactoferrin Products market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.
The major global manufacturers of Lactoferrin Products include Fonterra Group, Synlait Milk, FrieslandCampina (DMV), Bega Cheese, Tatua, Westland Milk (Yili Group), Saputo, Milei Gmbh, Ingredia Nutritional, Glanbia Nutritionals, Hilmar Cheese Company etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of Lactoferrin Products. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Lactoferrin Products market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Lactoferrin Products market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Lactoferrin Products industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of Lactoferrin Products Include:
Fonterra Group
Synlait Milk
FrieslandCampina (DMV)
Bega Cheese
Tatua
Westland Milk (Yili Group)
Saputo
Milei Gmbh
Ingredia Nutritional
Glanbia Nutritionals
Hilmar Cheese Company
Lactoferrin Products Product Segment Include:
Freeze Drying
Spray Dying
Lactoferrin Products Product Application Include:
Infant Formula
Dietary Supplement
Pharmaceutical
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends
Chapter 2: Global Lactoferrin Products Industry PESTEL Analysis
Chapter 3: Global Lactoferrin Products Industry Porter’s Five Forces Analysis
Chapter 4: Global Lactoferrin Products Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis
Chapter 5: Global Lactoferrin Products Market Size and Forecast by Type and Application Analysis
Chapter 6: North America Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 7: Europe Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 8: China Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 9: APAC (Excl. China) Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 10: Latin America Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 11: Middle East and Africa Lactoferrin Products Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)
Chapter 12: Global Lactoferrin Products Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers
Chapter 15: Research Findings and Conclusion
Chapter 16: Methodology and Data Sources
Table of Contents
170 Pages
- 1 Lactoferrin Products Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Lactoferrin Products Product by Type
- 1.2.1 Freeze Drying
- 1.2.2 Spray Dying
- 1.3 Lactoferrin Products Product by Application
- 1.3.1 Infant Formula
- 1.3.2 Dietary Supplement
- 1.3.3 Pharmaceutical
- 1.3.4 Others
- 1.4 Global Lactoferrin Products Market Revenue and Sales Analysis
- 1.4.1 Global Lactoferrin Products Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Lactoferrin Products Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Lactoferrin Products Market Sales Price Trend Analysis (2020-2032)
- 1.5 Lactoferrin Products Industry Trends and Innovation
- 1.5.1 Lactoferrin Products Industry Trends and Innovation
- 1.5.2 Lactoferrin Products Market Drivers and Challenges
- 2 Lactoferrin Products Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 Lactoferrin Products Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global Lactoferrin Products Market Analysis by Regions
- 4.1 Lactoferrin Products Overall Market: 2024 VS 2025 VS 2032
- 4.2 Global Lactoferrin Products Revenue and Forecast Analysis (2020-2032)
- 4.2.1 Global Lactoferrin Products Revenue and Market Share by Region (2020-2025)
- 4.2.2 Global Lactoferrin Products Revenue and Market Share Forecast by Region (2026-2032)
- 4.3 Global Lactoferrin Products Sales and Forecast Analysis (2020-2032)
- 4.3.1 Global Lactoferrin Products Sales and Market Share by Region (2020-2025)
- 4.3.2 Global Lactoferrin Products Sales and Market Share Forecast by Region (2026-2032)
- 4.4 Global Lactoferrin Products Sales Price Trend Analysis (2020-2032)
- 5 Global Lactoferrin Products Market Size by Type and Application
- 5.1 Global Lactoferrin Products Market Size by Type
- 5.1.1 Global Lactoferrin Products Revenue and Forecast Analysis by Type (2020-2032)
- 5.1.2 Global Lactoferrin Products Sales and Forecast Analysis by Type (2020-2032)
- 5.2 Global Lactoferrin Products Market Size by Application
- 5.2.1 Global Lactoferrin Products Revenue and Forecast Analysis by Application (2020-2032)
- 5.2.2 Global Lactoferrin Products Sales and Forecast Analysis by Application (2020-2032)
- 6 North America
- 6.1 North America Lactoferrin Products Market Size and Growth Rate Analysis (2020-2032)
- 6.2 North America Key Manufacturers Analysis
- 6.3 North America Lactoferrin Products Market Size by Type
- 6.3.1 North America Lactoferrin Products Sales by Type (2020-2032)
- 6.3.2 North America Lactoferrin Products Revenue by Type (2020-2032)
- 6.4 North America Lactoferrin Products Market Size by Application
- 6.4.1 North America Lactoferrin Products Sales by Application (2020-2032)
- 6.4.2 North America Lactoferrin Products Revenue by Application (2020-2032)
- 6.5 North America Lactoferrin Products Market Size by Country
- 6.5.1 US
- 6.5.2 Canada
- 7 Europe
- 7.1 Europe Lactoferrin Products Market Size and Growth Rate Analysis (2020-2032)
- 7.2 Europe Key Manufacturers Analysis
- 7.3 Europe Lactoferrin Products Market Size by Type
- 7.3.1 Europe Lactoferrin Products Sales by Type (2020-2032)
- 7.3.2 Europe Lactoferrin Products Revenue by Type (2020-2032)
- 7.4 Europe Lactoferrin Products Market Size by Application
- 7.4.1 Europe Lactoferrin Products Sales by Application (2020-2032)
- 7.4.2 Europe Lactoferrin Products Revenue by Application (2020-2032)
- 7.5 Europe Lactoferrin Products Market Size by Country
- 7.5.1 Germany
- 7.5.2 France
- 7.5.3 United Kingdom
- 7.5.4 Italy
- 7.5.5 Spain
- 7.5.6 Benelux
- 8 China
- 8.1 China Lactoferrin Products Market Size and Growth Rate Analysis (2020-2032)
- 8.2 China Key Manufacturers Analysis
- 8.3 China Lactoferrin Products Market Size by Type
- 8.3.1 China Lactoferrin Products Sales by Type (2020-2032)
- 8.3.2 China Lactoferrin Products Revenue by Type (2020-2032)
- 8.4 China Lactoferrin Products Market Size by Application
- 8.4.1 China Lactoferrin Products Sales by Application (2020-2032)
- 8.4.2 China Lactoferrin Products Revenue by Application (2020-2032)
- 9 APAC (excl. China)
- 9.1 APAC (excl. China) Lactoferrin Products Market Size and Growth Rate Analysis (2020-2032)
- 9.2 APAC (excl. China) Key Manufacturers Analysis
- 9.3 APAC (excl. China) Lactoferrin Products Market Size by Type
- 9.3.1 APAC (excl. China) Lactoferrin Products Sales by Type (2020-2032)
- 9.3.2 APAC (excl. China) Lactoferrin Products Revenue by Type (2020-2032)
- 9.4 APAC (excl. China) Lactoferrin Products Market Size by Application
- 9.4.1 APAC (excl. China) Lactoferrin Products Sales by Application (2020-2032)
- 9.4.2 APAC (excl. China) Lactoferrin Products Revenue by Application (2020-2032)
- 9.5 APAC (excl. China) Lactoferrin Products Market Size by Country
- 9.5.1 Japan
- 9.5.2 South Korea
- 9.5.3 India
- 9.5.4 Australia
- 9.5.5 Southeast Asia
- 10 Latin America
- 10.1 Latin America Lactoferrin Products Market Size and Growth Rate Analysis (2020-2032)
- 10.2 Latin America Key Manufacturers Analysis
- 10.3 Latin America Lactoferrin Products Market Size by Type
- 10.3.1 Latin America Lactoferrin Products Sales by Type (2020-2032)
- 10.3.2 Latin America Lactoferrin Products Revenue by Type (2020-2032)
- 10.4 Latin America Lactoferrin Products Market Size by Application
- 10.4.1 Latin America Lactoferrin Products Sales by Application (2020-2032)
- 10.4.2 Latin America Lactoferrin Products Revenue by Application (2020-2032)
- 10.5 Latin America Lactoferrin Products Market Size by Country
- 10.6 Latin America Lactoferrin Products Market Size by Country
- 10.6.1 Mexico
- 10.6.2 Brazil
- 11 Middle East & Africa
- 11.1 Middle East & Africa Lactoferrin Products Market Size and Growth Rate Analysis (2020-2032)
- 11.2 Middle East & Africa Key Manufacturers Analysis
- 11.3 Middle East & Africa Lactoferrin Products Market Size by Type
- 11.3.1 Middle East & Africa Lactoferrin Products Sales by Type (2020-2032)
- 11.3.2 Middle East & Africa Lactoferrin Products Revenue by Type (2020-2032)
- 11.4 Middle East & Africa Lactoferrin Products Market Size by Application
- 11.4.1 Middle East & Africa Lactoferrin Products Sales by Application (2020-2032)
- 11.4.2 Middle East & Africa Lactoferrin Products Revenue by Application (2020-2032)
- 11.5 Middle East Lactoferrin Products Market Size by Country
- 11.5.1 Saudi Arabia
- 11.5.2 South Africa
- 12 Competition by Manufacturers
- 12.1 Global Lactoferrin Products Market Sales, Revenue and Price by Key Manufacturers (2021-2025)
- 12.1.1 Global Lactoferrin Products Market Sales by Key Manufacturers (2021-2025)
- 12.1.2 Global Lactoferrin Products Market Revenue by Key Manufacturers (2021-2025)
- 12.1.3 Global Lactoferrin Products Average Sales Price by Manufacturers (2021-2025)
- 12.2 Lactoferrin Products Competitive Landscape Analysis and Market Dynamic
- 12.2.1 Lactoferrin Products Competitive Landscape Analysis
- 12.2.2 Global Key Manufacturers Headquarter Location and Key Area Sales
- 12.2.3 Market Dynamic
- 13 Key Companies Analysis
- 13.1 Fonterra Group
- 13.1.1 Fonterra Group Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.1.2 Fonterra Group Lactoferrin Products Product Portfolio
- 13.1.3 Fonterra Group Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.2 Synlait Milk
- 13.2.1 Synlait Milk Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.2.2 Synlait Milk Lactoferrin Products Product Portfolio
- 13.2.3 Synlait Milk Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.3 FrieslandCampina (DMV)
- 13.3.1 FrieslandCampina (DMV) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.3.2 FrieslandCampina (DMV) Lactoferrin Products Product Portfolio
- 13.3.3 FrieslandCampina (DMV) Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.4 Bega Cheese
- 13.4.1 Bega Cheese Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.4.2 Bega Cheese Lactoferrin Products Product Portfolio
- 13.4.3 Bega Cheese Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.5 Tatua
- 13.5.1 Tatua Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.5.2 Tatua Lactoferrin Products Product Portfolio
- 13.5.3 Tatua Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.6 Westland Milk (Yili Group)
- 13.6.1 Westland Milk (Yili Group) Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.6.2 Westland Milk (Yili Group) Lactoferrin Products Product Portfolio
- 13.6.3 Westland Milk (Yili Group) Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.7 Saputo
- 13.7.1 Saputo Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.7.2 Saputo Lactoferrin Products Product Portfolio
- 13.7.3 Saputo Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.8 Milei Gmbh
- 13.8.1 Milei Gmbh Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.8.2 Milei Gmbh Lactoferrin Products Product Portfolio
- 13.8.3 Milei Gmbh Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.9 Ingredia Nutritional
- 13.9.1 Ingredia Nutritional Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.9.2 Ingredia Nutritional Lactoferrin Products Product Portfolio
- 13.9.3 Ingredia Nutritional Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.10 Glanbia Nutritionals
- 13.10.1 Glanbia Nutritionals Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.10.2 Glanbia Nutritionals Lactoferrin Products Product Portfolio
- 13.10.3 Glanbia Nutritionals Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 13.11 Hilmar Cheese Company
- 13.11.1 Hilmar Cheese Company Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 13.11.2 Hilmar Cheese Company Lactoferrin Products Product Portfolio
- 13.11.3 Hilmar Cheese Company Lactoferrin Products Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 14 Industry Chain Analysis
- 14.1 Lactoferrin Products Industry Chain Analysis
- 14.2 Lactoferrin Products Industry Raw Material and Suppliers Analysis
- 14.2.1 Lactoferrin Products Key Raw Material Supply Analysis
- 14.2.2 Raw Material Suppliers and Contact Information
- 14.3 Lactoferrin Products Typical Downstream Customers
- 14.4 Lactoferrin Products Sales Channel Analysis
- 15 Research Findings and Conclusion
- 16 Methodology and Data Source
- 16.1 Methodology/Research Approach
- 16.2 Research Scope
- 16.3 Benchmarks and Assumptions
- 16.4 Date Source
- 16.4.1 Primary Sources
- 16.4.2 Secondary Sources
- 16.5 Data Cross Validation
- 16.6 Disclaimer
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