APO RESEARCH · REPORT
Frosting & Icing
Icing, often called frosting in the United States, is a sweet, often creamy glaze made of sugar with a liquid, such as water or milk that is often enriched with ingredients like butter, egg whites, cream cheese, or flavorings.
Product & engineering
Understand the product.
Icing, often called frosting in the United States, is a sweet, often creamy glaze made of sugar with a liquid, such as water or milk that is often enriched with ingredients like butter, egg whites, cream cheese, or flavorings.
Specifically speaking, Frosting is stiffer and pipes well and consists of cream or butter. Icing is a thin and sugary glaze spread that hardens on cooling.
Selected research
Market Analysis & Forecast
Global Frosting & Icing Market Analysis and Forecast 2026-2032
Market perspective
Icing, often called frosting in the United States, is a sweet, often creamy glaze made of sugar with a liquid, such as water or milk that is often enriched with ingredients like butter, egg whites, cream cheese, or flavorings.
Specifically speaking, Frosting is stiffer and pipes well and consists of cream or butter. Icing is a thin and sugary glaze spread that hardens on cooling.
Global Frosting & Icing key players include CSM Bakery Solutions, Wilton, Rich Product, Betty Crocker, Dawn Food, etc. Global top five manufacturers hold a share about 45%.
Read the full market overview
Europe is the largest market, with a share over 40%, followed by USA and Asia, both have a share over 45%.
In terms of product, Buttercream Frosting is the largest segment, with a share over 30%. And in terms of application, the largest application is Bakery, followed by Restaurant, Family, etc.
This report presents an overview of global market for Frosting & Icing, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Frosting & Icing, also provides the sales of main regions and countries. Of the upcoming market potential for Frosting & Icing, 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 Frosting & Icing sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Frosting & Icing 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 2021 to 2032. Evaluation and forecast the market size for Frosting & Icing sales, projected growth trends, production technology, application and end-user industry.
Frosting & Icing Segment by Company
Rich Product
Betty Crocker
CSM Bakery Solutions
Pinnacle Foods
Wilton Industries
Dawn Food
Real Good Food
Lawrence Foods
Dixie’s Icing
Macphie
Kelmyshop
Orchardicing
Fruit Fillings Inc
Effco
Renshaw
Frosting & Icing Segment by Type
Buttercream Frosting
Royal Icing
Ganache
Boiled / Cooked Icing
Cream Cheese Frosting
Dusting
Others
Frosting & Icing Segment by Application
Bakery
Restaurant
Family
Frosting & Icing Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving 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 market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze 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 Frosting & Icing 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 Frosting & Icing 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 Frosting & Icing.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Sales (consumption), revenue of Frosting & Icing in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Frosting & Icing manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Frosting & Icing sales, revenue, price, gross margin, and recent development, etc.
Chapter 8: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 9: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 10: China type, by application, sales, and revenue for each segment.
Chapter 11: Asia (excluding China) type, by application and by region, sales, and revenue for each segment.
Chapter 12: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Buttercream Frosting
- Royal Icing
- Ganache
- Boiled / Cooked Icing
- Cream Cheese Frosting
- Dusting
- Others
Applications
- Bakery
- Restaurant
- Family
Companies covered
- Rich Product
- Betty Crocker
- CSM Bakery Solutions
- Pinnacle Foods
- Wilton Industries
- Dawn Food
- Real Good Food
- Lawrence Foods
- Dixie’s Icing
- Macphie
- Kelmyshop
- Orchardicing
- Fruit Fillings Inc
- Effco
- Renshaw
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Frosting & Icing Market by Type
- 1.2.1 Global Frosting & Icing Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Buttercream Frosting
- 1.2.3 Royal Icing
- 1.2.4 Ganache
- 1.2.5 Boiled / Cooked Icing
- 1.2.6 Cream Cheese Frosting
- 1.2.7 Dusting
- 1.2.8 Others
- 1.3 Frosting & Icing Market by Application
- 1.3.1 Global Frosting & Icing Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Bakery
- 1.3.3 Restaurant
- 1.3.4 Family
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Frosting & Icing Market Dynamics
- 2.1 Frosting & Icing Industry Trends
- 2.2 Frosting & Icing Industry Drivers
- 2.3 Frosting & Icing Industry Opportunities and Challenges
- 2.4 Frosting & Icing Industry Restraints
3 Global Market Growth Prospects
- 3.1 Global Frosting & Icing Revenue Estimates and Forecasts (2021-2032)
- 3.2 Global Frosting & Icing Revenue by Region
- 3.2.1 Global Frosting & Icing Revenue by Region: 2021 VS 2025 VS 2032
- 3.2.2 Global Frosting & Icing Revenue by Region (2021-2026)
- 3.2.3 Global Frosting & Icing Revenue by Region (2027-2032)
- 3.2.4 Global Frosting & Icing Revenue Market Share by Region (2021-2032)
- 3.3 Global Frosting & Icing Sales Estimates and Forecasts 2021-2032
- 3.4 Global Frosting & Icing Sales by Region
- 3.4.1 Global Frosting & Icing Sales by Region: 2021 VS 2025 VS 2032
- 3.4.2 Global Frosting & Icing Sales by Region (2021-2026)
- 3.4.3 Global Frosting & Icing Sales by Region (2027-2032)
- 3.4.4 Global Frosting & Icing Sales Market Share by Region (2021-2032)
- 3.5 US & Canada & Mexico
- 3.6 Europe
- 3.7 China
- 3.8 Asia (Excluding China)
- 3.9 South America, Middle East and Africa
4 Market Competitive Landscape by Manufacturers
- 4.1 Global Frosting & Icing Revenue by Manufacturers
- 4.1.1 Global Frosting & Icing Revenue by Manufacturers (2021-2026)
- 4.1.2 Global Frosting & Icing Revenue Market Share by Manufacturers (2021-2026)
- 4.1.3 Global Frosting & Icing Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 4.2 Global Frosting & Icing Sales by Manufacturers
- 4.2.1 Global Frosting & Icing Sales by Manufacturers (2021-2026)
- 4.2.2 Global Frosting & Icing Sales Market Share by Manufacturers (2021-2026)
- 4.2.3 Global Frosting & Icing Manufacturers Sales Share Top 10 and Top 5 in 2025
- 4.3 Global Frosting & Icing Sales Price by Manufacturers (2021-2026)
- 4.4 Global Frosting & Icing Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 4.5 Global Frosting & Icing Key Manufacturers Manufacturing Sites & Headquarters
- 4.6 Global Frosting & Icing Manufacturers, Product Type & Application
- 4.7 Global Frosting & Icing Manufacturers' Establishment Date
- 4.8 Market Competitive Analysis
- 4.8.1 Global Frosting & Icing Market CR5 and HHI
- 4.8.2 2025 Frosting & Icing Tier 1, Tier 2, and Tier 3
5 Frosting & Icing Market by Type
- 5.1 Global Frosting & Icing Revenue by Type
- 5.1.1 Global Frosting & Icing Revenue by Type (2021 VS 2025 VS 2032)
- 5.1.2 Global Frosting & Icing Revenue by Type (2021-2032) & (US$ Million)
- 5.1.3 Global Frosting & Icing Revenue Market Share by Type (2021-2032)
- 5.2 Global Frosting & Icing Sales by Type
- 5.2.1 Global Frosting & Icing Sales by Type (2021 VS 2025 VS 2032)
- 5.2.2 Global Frosting & Icing Sales by Type (2021-2032) & (Ton)
- 5.2.3 Global Frosting & Icing Sales Market Share by Type (2021-2032)
- 5.3 Global Frosting & Icing Price by Type
6 Frosting & Icing Market by Application
- 6.1 Global Frosting & Icing Revenue by Application
- 6.1.1 Global Frosting & Icing Revenue by Application (2021 VS 2025 VS 2032)
- 6.1.2 Global Frosting & Icing Revenue by Application (2021-2032) & (US$ Million)
- 6.1.3 Global Frosting & Icing Revenue Market Share by Application (2021-2032)
- 6.2 Global Frosting & Icing Sales by Application
- 6.2.1 Global Frosting & Icing Sales by Application (2021 VS 2025 VS 2032)
- 6.2.2 Global Frosting & Icing Sales by Application (2021-2032) & (Ton)
- 6.2.3 Global Frosting & Icing Sales Market Share by Application (2021-2032)
- 6.3 Global Frosting & Icing Price by Application
7 Company Profiles
- 7.1 Rich Product
- 7.1.1 Rich Product Company Information
- 7.1.2 Rich Product Business Overview
- 7.1.3 Rich Product Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.1.4 Rich Product Frosting & Icing Product Portfolio
- 7.1.5 Rich Product Recent Developments
- 7.2 Betty Crocker
- 7.2.1 Betty Crocker Company Information
- 7.2.2 Betty Crocker Business Overview
- 7.2.3 Betty Crocker Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.2.4 Betty Crocker Frosting & Icing Product Portfolio
- 7.2.5 Betty Crocker Recent Developments
- 7.3 CSM Bakery Solutions
- 7.3.1 CSM Bakery Solutions Company Information
- 7.3.2 CSM Bakery Solutions Business Overview
- 7.3.3 CSM Bakery Solutions Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.3.4 CSM Bakery Solutions Frosting & Icing Product Portfolio
- 7.3.5 CSM Bakery Solutions Recent Developments
- 7.4 Pinnacle Foods
- 7.4.1 Pinnacle Foods Company Information
- 7.4.2 Pinnacle Foods Business Overview
- 7.4.3 Pinnacle Foods Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.4.4 Pinnacle Foods Frosting & Icing Product Portfolio
- 7.4.5 Pinnacle Foods Recent Developments
- 7.5 Wilton Industries
- 7.5.1 Wilton Industries Company Information
- 7.5.2 Wilton Industries Business Overview
- 7.5.3 Wilton Industries Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.5.4 Wilton Industries Frosting & Icing Product Portfolio
- 7.5.5 Wilton Industries Recent Developments
- 7.6 Dawn Food
- 7.6.1 Dawn Food Company Information
- 7.6.2 Dawn Food Business Overview
- 7.6.3 Dawn Food Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.6.4 Dawn Food Frosting & Icing Product Portfolio
- 7.6.5 Dawn Food Recent Developments
- 7.7 Real Good Food
- 7.7.1 Real Good Food Company Information
- 7.7.2 Real Good Food Business Overview
- 7.7.3 Real Good Food Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.7.4 Real Good Food Frosting & Icing Product Portfolio
- 7.7.5 Real Good Food Recent Developments
- 7.8 Lawrence Foods
- 7.8.1 Lawrence Foods Company Information
- 7.8.2 Lawrence Foods Business Overview
- 7.8.3 Lawrence Foods Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.8.4 Lawrence Foods Frosting & Icing Product Portfolio
- 7.8.5 Lawrence Foods Recent Developments
- 7.9 Dixie’s Icing
- 7.9.1 Dixie’s Icing Company Information
- 7.9.2 Dixie’s Icing Business Overview
- 7.9.3 Dixie’s Icing Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.9.4 Dixie’s Icing Frosting & Icing Product Portfolio
- 7.9.5 Dixie’s Icing Recent Developments
- 7.10 Macphie
- 7.10.1 Macphie Company Information
- 7.10.2 Macphie Business Overview
- 7.10.3 Macphie Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.10.4 Macphie Frosting & Icing Product Portfolio
- 7.10.5 Macphie Recent Developments
- 7.11 Kelmyshop
- 7.11.1 Kelmyshop Company Information
- 7.11.2 Kelmyshop Business Overview
- 7.11.3 Kelmyshop Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.11.4 Kelmyshop Frosting & Icing Product Portfolio
- 7.11.5 Kelmyshop Recent Developments
- 7.12 Orchardicing
- 7.12.1 Orchardicing Company Information
- 7.12.2 Orchardicing Business Overview
- 7.12.3 Orchardicing Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.12.4 Orchardicing Frosting & Icing Product Portfolio
- 7.12.5 Orchardicing Recent Developments
- 7.13 Fruit Fillings Inc
- 7.13.1 Fruit Fillings Inc Company Information
- 7.13.2 Fruit Fillings Inc Business Overview
- 7.13.3 Fruit Fillings Inc Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.13.4 Fruit Fillings Inc Frosting & Icing Product Portfolio
- 7.13.5 Fruit Fillings Inc Recent Developments
- 7.14 Effco
- 7.14.1 Effco Company Information
- 7.14.2 Effco Business Overview
- 7.14.3 Effco Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.14.4 Effco Frosting & Icing Product Portfolio
- 7.14.5 Effco Recent Developments
- 7.15 Renshaw
- 7.15.1 Renshaw Company Information
- 7.15.2 Renshaw Business Overview
- 7.15.3 Renshaw Frosting & Icing Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.15.4 Renshaw Frosting & Icing Product Portfolio
- 7.15.5 Renshaw Recent Developments
8 North America
- 8.1 North America Frosting & Icing Market Size by Type
- 8.1.1 North America Frosting & Icing Revenue by Type (2021-2032)
- 8.1.2 North America Frosting & Icing Sales by Type (2021-2032)
- 8.1.3 North America Frosting & Icing Price by Type (2021-2032)
- 8.2 North America Frosting & Icing Market Size by Application
- 8.2.1 North America Frosting & Icing Revenue by Application (2021-2032)
- 8.2.2 North America Frosting & Icing Sales by Application (2021-2032)
- 8.2.3 North America Frosting & Icing Price by Application (2021-2032)
- 8.3 North America Frosting & Icing Market Size by Country
- 8.3.1 North America Frosting & Icing Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 8.3.2 North America Frosting & Icing Sales by Country (2021 VS 2025 VS 2032)
- 8.3.3 North America Frosting & Icing Price by Country (2021-2032)
- 8.3.4 United States
- 8.3.5 Canada
- 8.3.6 Mexico
9 Europe
- 9.1 Europe Frosting & Icing Market Size by Type
- 9.1.1 Europe Frosting & Icing Revenue by Type (2021-2032)
- 9.1.2 Europe Frosting & Icing Sales by Type (2021-2032)
- 9.1.3 Europe Frosting & Icing Price by Type (2021-2032)
- 9.2 Europe Frosting & Icing Market Size by Application
- 9.2.1 Europe Frosting & Icing Revenue by Application (2021-2032)
- 9.2.2 Europe Frosting & Icing Sales by Application (2021-2032)
- 9.2.3 Europe Frosting & Icing Price by Application (2021-2032)
- 9.3 Europe Frosting & Icing Market Size by Country
- 9.3.1 Europe Frosting & Icing Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 Europe Frosting & Icing Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 Europe Frosting & Icing Price by Country (2021-2032)
- 9.3.4 Germany
- 9.3.5 France
- 9.3.6 U.K.
- 9.3.7 Italy
- 9.3.8 Russia
- 9.3.9 Spain
- 9.3.10 Netherlands
10 China
- 10.1 China Frosting & Icing Market Size by Type
- 10.1.1 China Frosting & Icing Revenue by Type (2021-2032)
- 10.1.2 China Frosting & Icing Sales by Type (2021-2032)
- 10.1.3 China Frosting & Icing Price by Type (2021-2032)
- 10.2 China Frosting & Icing Market Size by Application
- 10.2.1 China Frosting & Icing Revenue by Application (2021-2032)
- 10.2.2 China Frosting & Icing Sales by Application (2021-2032)
- 10.2.3 China Frosting & Icing Price by Application (2021-2032)
11 Asia (Excluding China)
- 11.1 Asia Frosting & Icing Market Size by Type
- 11.1.1 Asia Frosting & Icing Revenue by Type (2021-2032)
- 11.1.2 Asia Frosting & Icing Sales by Type (2021-2032)
- 11.1.3 Asia Frosting & Icing Price by Type (2021-2032)
- 11.2 Asia Frosting & Icing Market Size by Application
- 11.2.1 Asia Frosting & Icing Revenue by Application (2021-2032)
- 11.2.2 Asia Frosting & Icing Sales by Application (2021-2032)
- 11.2.3 Asia Frosting & Icing Price by Application (2021-2032)
- 11.3 Asia Frosting & Icing Market Size by Country
- 11.3.1 Asia Frosting & Icing Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 11.3.2 Asia Frosting & Icing Sales by Country (2021 VS 2025 VS 2032)
- 11.3.3 Asia Frosting & Icing Price by Country (2021-2032)
- 11.3.4 Japan
- 11.3.5 South Korea
- 11.3.6 India
- 11.3.7 Australia
- 11.3.8 Taiwan
- 11.3.9 Southeast Asia
12 South America, Middle East and Africa
- 12.1 SAMEA Frosting & Icing Market Size by Type
- 12.1.1 SAMEA Frosting & Icing Revenue by Type (2021-2032)
- 12.1.2 SAMEA Frosting & Icing Sales by Type (2021-2032)
- 12.1.3 SAMEA Frosting & Icing Price by Type (2021-2032)
- 12.2 SAMEA Frosting & Icing Market Size by Application
- 12.2.1 SAMEA Frosting & Icing Revenue by Application (2021-2032)
- 12.2.2 SAMEA Frosting & Icing Sales by Application (2021-2032)
- 12.2.3 SAMEA Frosting & Icing Price by Application (2021-2032)
- 12.3 SAMEA Frosting & Icing Market Size by Country
- 12.3.1 SAMEA Frosting & Icing Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 SAMEA Frosting & Icing Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 SAMEA Frosting & Icing Price by Country (2021-2032)
- 12.3.4 Brazil
- 12.3.5 Argentina
- 12.3.6 Chile
- 12.3.7 Colombia
- 12.3.8 Peru
- 12.3.9 Saudi Arabia
- 12.3.10 Israel
- 12.3.11 UAE
- 12.3.12 Turkey
- 12.3.13 Iran
- 12.3.14 Egypt
13 Value Chain and Sales Channels Analysis
- 13.1 Frosting & Icing Value Chain Analysis
- 13.1.1 Frosting & Icing Key Raw Materials
- 13.1.2 Raw Materials Key Suppliers
- 13.1.3 Manufacturing Cost Structure
- 13.1.4 Frosting & Icing Production Mode & Process
- 13.2 Frosting & Icing Sales Channels Analysis
- 13.2.1 Direct Comparison with Distribution Share
- 13.2.2 Frosting & Icing Distributors
- 13.2.3 Frosting & Icing Customers
14 Concluding Insights
15 Appendix
- 15.1 Reasons for Doing This Study
- 15.2 Research Methodology
- 15.3 Research Process
- 15.4 Authors List of This Report
- 15.5 Data Source
- 15.5.1 Secondary Sources
- 15.5.2 Primary Sources
- 15.6 Disclaimer
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