APO RESEARCH · REPORT
Ashwagandha Extract
Ashwagandha is an ancient medicinal herb. It’s classified as an adaptogen, meaning that it can help your body manage stress. Ashwagandha also provides numerous other benefits for your body and brain.
Product & engineering
Understand the product.
Ashwagandha is an ancient medicinal herb. It’s classified as an adaptogen, meaning that it can help your body manage stress. Ashwagandha also provides numerous other benefits for your body and brain.
Selected research
Market Analysis & Forecast
Global Ashwagandha Extract Market Analysis and Forecast 2026-2032
Market perspective
Ashwagandha is an ancient medicinal herb. It’s classified as an adaptogen, meaning that it can help your body manage stress. Ashwagandha also provides numerous other benefits for your body and brain.
Ashwagandha extract production is limited by ashwagandha production area. They mainly concentrated in India. The market has a high degree of brand recognition, and the main market share is concentrated in higher-priced, well-known suppliers like Arjuna Natural, Ixoreal Biomed, Natreon.
This report presents an overview of global market for Ashwagandha Extract, 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.
Read the full market overview
This report researches the key producers of Ashwagandha Extract, also provides the sales of main regions and countries. Of the upcoming market potential for Ashwagandha Extract, 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 Ashwagandha Extract sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Ashwagandha Extract 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 Ashwagandha Extract sales, projected growth trends, production technology, application and end-user industry.
Ashwagandha Extract Segment by Company
Arjuna Natural
Ixoreal Biomed
Natreon
Sabinsa
Umalaxmi Organics
OmniActive Health Technologies
Unicorn Natural Products
Venkatesh Food Industries
Vidya Herbs
Kumaon Exports
Botanic Healthcare
Gwalior Herbal Products
K. Patel Phyto Extractions
Ashwagandha Extract Segment by Type
Ashwagandha Extract 1.5%
Ashwagandha Extract 2.5%
Ashwagandha Extract 5%
Other
Ashwagandha Extract Segment by Application
Sports Nutrition
Food & Beverages
Dietary Supplements
Other
Ashwagandha Extract 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
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 Ashwagandha Extract 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 Ashwagandha Extract 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 Ashwagandha Extract.
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 Ashwagandha Extract 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 Ashwagandha Extract 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, Ashwagandha Extract 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
- Ashwagandha Extract 1.5%
- Ashwagandha Extract 2.5%
- Ashwagandha Extract 5%
- Other
Applications
- Sports Nutrition
- Food & Beverages
- Dietary Supplements
- Other
Companies covered
- Arjuna Natural
- Ixoreal Biomed
- Natreon
- Sabinsa
- Umalaxmi Organics
- OmniActive Health Technologies
- Unicorn Natural Products
- Venkatesh Food Industries
- Vidya Herbs
- Kumaon Exports
- Botanic Healthcare
- Gwalior Herbal Products
- K. Patel Phyto Extractions
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Ashwagandha Extract Market by Type
- 1.2.1 Global Ashwagandha Extract Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 Ashwagandha Extract 1.5%
- 1.2.3 Ashwagandha Extract 2.5%
- 1.2.4 Ashwagandha Extract 5%
- 1.2.5 Other
- 1.3 Ashwagandha Extract Market by Application
- 1.3.1 Global Ashwagandha Extract Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Sports Nutrition
- 1.3.3 Food & Beverages
- 1.3.4 Dietary Supplements
- 1.3.5 Other
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Ashwagandha Extract Market Dynamics
- 2.1 Ashwagandha Extract Industry Trends
- 2.2 Ashwagandha Extract Industry Drivers
- 2.3 Ashwagandha Extract Industry Opportunities and Challenges
- 2.4 Ashwagandha Extract Industry Restraints
3 Global Market Growth Prospects
- 3.1 Global Ashwagandha Extract Revenue Estimates and Forecasts (2021-2032)
- 3.2 Global Ashwagandha Extract Revenue by Region
- 3.2.1 Global Ashwagandha Extract Revenue by Region: 2021 VS 2025 VS 2032
- 3.2.2 Global Ashwagandha Extract Revenue by Region (2021-2026)
- 3.2.3 Global Ashwagandha Extract Revenue by Region (2027-2032)
- 3.2.4 Global Ashwagandha Extract Revenue Market Share by Region (2021-2032)
- 3.3 Global Ashwagandha Extract Sales Estimates and Forecasts 2021-2032
- 3.4 Global Ashwagandha Extract Sales by Region
- 3.4.1 Global Ashwagandha Extract Sales by Region: 2021 VS 2025 VS 2032
- 3.4.2 Global Ashwagandha Extract Sales by Region (2021-2026)
- 3.4.3 Global Ashwagandha Extract Sales by Region (2027-2032)
- 3.4.4 Global Ashwagandha Extract 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 Ashwagandha Extract Revenue by Manufacturers
- 4.1.1 Global Ashwagandha Extract Revenue by Manufacturers (2021-2026)
- 4.1.2 Global Ashwagandha Extract Revenue Market Share by Manufacturers (2021-2026)
- 4.1.3 Global Ashwagandha Extract Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 4.2 Global Ashwagandha Extract Sales by Manufacturers
- 4.2.1 Global Ashwagandha Extract Sales by Manufacturers (2021-2026)
- 4.2.2 Global Ashwagandha Extract Sales Market Share by Manufacturers (2021-2026)
- 4.2.3 Global Ashwagandha Extract Manufacturers Sales Share Top 10 and Top 5 in 2025
- 4.3 Global Ashwagandha Extract Sales Price by Manufacturers (2021-2026)
- 4.4 Global Ashwagandha Extract Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 4.5 Global Ashwagandha Extract Key Manufacturers Manufacturing Sites & Headquarters
- 4.6 Global Ashwagandha Extract Manufacturers, Product Type & Application
- 4.7 Global Ashwagandha Extract Manufacturers' Establishment Date
- 4.8 Market Competitive Analysis
- 4.8.1 Global Ashwagandha Extract Market CR5 and HHI
- 4.8.2 2025 Ashwagandha Extract Tier 1, Tier 2, and Tier 3
5 Ashwagandha Extract Market by Type
- 5.1 Global Ashwagandha Extract Revenue by Type
- 5.1.1 Global Ashwagandha Extract Revenue by Type (2021 VS 2025 VS 2032)
- 5.1.2 Global Ashwagandha Extract Revenue by Type (2021-2032) & (US$ Million)
- 5.1.3 Global Ashwagandha Extract Revenue Market Share by Type (2021-2032)
- 5.2 Global Ashwagandha Extract Sales by Type
- 5.2.1 Global Ashwagandha Extract Sales by Type (2021 VS 2025 VS 2032)
- 5.2.2 Global Ashwagandha Extract Sales by Type (2021-2032) & (MT)
- 5.2.3 Global Ashwagandha Extract Sales Market Share by Type (2021-2032)
- 5.3 Global Ashwagandha Extract Price by Type
6 Ashwagandha Extract Market by Application
- 6.1 Global Ashwagandha Extract Revenue by Application
- 6.1.1 Global Ashwagandha Extract Revenue by Application (2021 VS 2025 VS 2032)
- 6.1.2 Global Ashwagandha Extract Revenue by Application (2021-2032) & (US$ Million)
- 6.1.3 Global Ashwagandha Extract Revenue Market Share by Application (2021-2032)
- 6.2 Global Ashwagandha Extract Sales by Application
- 6.2.1 Global Ashwagandha Extract Sales by Application (2021 VS 2025 VS 2032)
- 6.2.2 Global Ashwagandha Extract Sales by Application (2021-2032) & (MT)
- 6.2.3 Global Ashwagandha Extract Sales Market Share by Application (2021-2032)
- 6.3 Global Ashwagandha Extract Price by Application
7 Company Profiles
- 7.1 Arjuna Natural
- 7.1.1 Arjuna Natural Company Information
- 7.1.2 Arjuna Natural Business Overview
- 7.1.3 Arjuna Natural Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.1.4 Arjuna Natural Ashwagandha Extract Product Portfolio
- 7.1.5 Arjuna Natural Recent Developments
- 7.2 Ixoreal Biomed
- 7.2.1 Ixoreal Biomed Company Information
- 7.2.2 Ixoreal Biomed Business Overview
- 7.2.3 Ixoreal Biomed Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.2.4 Ixoreal Biomed Ashwagandha Extract Product Portfolio
- 7.2.5 Ixoreal Biomed Recent Developments
- 7.3 Natreon
- 7.3.1 Natreon Company Information
- 7.3.2 Natreon Business Overview
- 7.3.3 Natreon Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.3.4 Natreon Ashwagandha Extract Product Portfolio
- 7.3.5 Natreon Recent Developments
- 7.4 Sabinsa
- 7.4.1 Sabinsa Company Information
- 7.4.2 Sabinsa Business Overview
- 7.4.3 Sabinsa Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.4.4 Sabinsa Ashwagandha Extract Product Portfolio
- 7.4.5 Sabinsa Recent Developments
- 7.5 Umalaxmi Organics
- 7.5.1 Umalaxmi Organics Company Information
- 7.5.2 Umalaxmi Organics Business Overview
- 7.5.3 Umalaxmi Organics Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.5.4 Umalaxmi Organics Ashwagandha Extract Product Portfolio
- 7.5.5 Umalaxmi Organics Recent Developments
- 7.6 OmniActive Health Technologies
- 7.6.1 OmniActive Health Technologies Company Information
- 7.6.2 OmniActive Health Technologies Business Overview
- 7.6.3 OmniActive Health Technologies Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.6.4 OmniActive Health Technologies Ashwagandha Extract Product Portfolio
- 7.6.5 OmniActive Health Technologies Recent Developments
- 7.7 Unicorn Natural Products
- 7.7.1 Unicorn Natural Products Company Information
- 7.7.2 Unicorn Natural Products Business Overview
- 7.7.3 Unicorn Natural Products Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.7.4 Unicorn Natural Products Ashwagandha Extract Product Portfolio
- 7.7.5 Unicorn Natural Products Recent Developments
- 7.8 Venkatesh Food Industries
- 7.8.1 Venkatesh Food Industries Company Information
- 7.8.2 Venkatesh Food Industries Business Overview
- 7.8.3 Venkatesh Food Industries Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.8.4 Venkatesh Food Industries Ashwagandha Extract Product Portfolio
- 7.8.5 Venkatesh Food Industries Recent Developments
- 7.9 Vidya Herbs
- 7.9.1 Vidya Herbs Company Information
- 7.9.2 Vidya Herbs Business Overview
- 7.9.3 Vidya Herbs Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.9.4 Vidya Herbs Ashwagandha Extract Product Portfolio
- 7.9.5 Vidya Herbs Recent Developments
- 7.10 Kumaon Exports
- 7.10.1 Kumaon Exports Company Information
- 7.10.2 Kumaon Exports Business Overview
- 7.10.3 Kumaon Exports Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.10.4 Kumaon Exports Ashwagandha Extract Product Portfolio
- 7.10.5 Kumaon Exports Recent Developments
- 7.11 Botanic Healthcare
- 7.11.1 Botanic Healthcare Company Information
- 7.11.2 Botanic Healthcare Business Overview
- 7.11.3 Botanic Healthcare Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.11.4 Botanic Healthcare Ashwagandha Extract Product Portfolio
- 7.11.5 Botanic Healthcare Recent Developments
- 7.12 Gwalior Herbal Products
- 7.12.1 Gwalior Herbal Products Company Information
- 7.12.2 Gwalior Herbal Products Business Overview
- 7.12.3 Gwalior Herbal Products Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.12.4 Gwalior Herbal Products Ashwagandha Extract Product Portfolio
- 7.12.5 Gwalior Herbal Products Recent Developments
- 7.13 K. Patel Phyto Extractions
- 7.13.1 K. Patel Phyto Extractions Company Information
- 7.13.2 K. Patel Phyto Extractions Business Overview
- 7.13.3 K. Patel Phyto Extractions Ashwagandha Extract Sales, Revenue, Price and Gross Margin (2021-2026)
- 7.13.4 K. Patel Phyto Extractions Ashwagandha Extract Product Portfolio
- 7.13.5 K. Patel Phyto Extractions Recent Developments
8 North America
- 8.1 North America Ashwagandha Extract Market Size by Type
- 8.1.1 North America Ashwagandha Extract Revenue by Type (2021-2032)
- 8.1.2 North America Ashwagandha Extract Sales by Type (2021-2032)
- 8.1.3 North America Ashwagandha Extract Price by Type (2021-2032)
- 8.2 North America Ashwagandha Extract Market Size by Application
- 8.2.1 North America Ashwagandha Extract Revenue by Application (2021-2032)
- 8.2.2 North America Ashwagandha Extract Sales by Application (2021-2032)
- 8.2.3 North America Ashwagandha Extract Price by Application (2021-2032)
- 8.3 North America Ashwagandha Extract Market Size by Country
- 8.3.1 North America Ashwagandha Extract Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 8.3.2 North America Ashwagandha Extract Sales by Country (2021 VS 2025 VS 2032)
- 8.3.3 North America Ashwagandha Extract Price by Country (2021-2032)
- 8.3.4 United States
- 8.3.5 Canada
- 8.3.6 Mexico
9 Europe
- 9.1 Europe Ashwagandha Extract Market Size by Type
- 9.1.1 Europe Ashwagandha Extract Revenue by Type (2021-2032)
- 9.1.2 Europe Ashwagandha Extract Sales by Type (2021-2032)
- 9.1.3 Europe Ashwagandha Extract Price by Type (2021-2032)
- 9.2 Europe Ashwagandha Extract Market Size by Application
- 9.2.1 Europe Ashwagandha Extract Revenue by Application (2021-2032)
- 9.2.2 Europe Ashwagandha Extract Sales by Application (2021-2032)
- 9.2.3 Europe Ashwagandha Extract Price by Application (2021-2032)
- 9.3 Europe Ashwagandha Extract Market Size by Country
- 9.3.1 Europe Ashwagandha Extract Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 Europe Ashwagandha Extract Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 Europe Ashwagandha Extract 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 Ashwagandha Extract Market Size by Type
- 10.1.1 China Ashwagandha Extract Revenue by Type (2021-2032)
- 10.1.2 China Ashwagandha Extract Sales by Type (2021-2032)
- 10.1.3 China Ashwagandha Extract Price by Type (2021-2032)
- 10.2 China Ashwagandha Extract Market Size by Application
- 10.2.1 China Ashwagandha Extract Revenue by Application (2021-2032)
- 10.2.2 China Ashwagandha Extract Sales by Application (2021-2032)
- 10.2.3 China Ashwagandha Extract Price by Application (2021-2032)
11 Asia (Excluding China)
- 11.1 Asia Ashwagandha Extract Market Size by Type
- 11.1.1 Asia Ashwagandha Extract Revenue by Type (2021-2032)
- 11.1.2 Asia Ashwagandha Extract Sales by Type (2021-2032)
- 11.1.3 Asia Ashwagandha Extract Price by Type (2021-2032)
- 11.2 Asia Ashwagandha Extract Market Size by Application
- 11.2.1 Asia Ashwagandha Extract Revenue by Application (2021-2032)
- 11.2.2 Asia Ashwagandha Extract Sales by Application (2021-2032)
- 11.2.3 Asia Ashwagandha Extract Price by Application (2021-2032)
- 11.3 Asia Ashwagandha Extract Market Size by Country
- 11.3.1 Asia Ashwagandha Extract Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 11.3.2 Asia Ashwagandha Extract Sales by Country (2021 VS 2025 VS 2032)
- 11.3.3 Asia Ashwagandha Extract 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 Ashwagandha Extract Market Size by Type
- 12.1.1 SAMEA Ashwagandha Extract Revenue by Type (2021-2032)
- 12.1.2 SAMEA Ashwagandha Extract Sales by Type (2021-2032)
- 12.1.3 SAMEA Ashwagandha Extract Price by Type (2021-2032)
- 12.2 SAMEA Ashwagandha Extract Market Size by Application
- 12.2.1 SAMEA Ashwagandha Extract Revenue by Application (2021-2032)
- 12.2.2 SAMEA Ashwagandha Extract Sales by Application (2021-2032)
- 12.2.3 SAMEA Ashwagandha Extract Price by Application (2021-2032)
- 12.3 SAMEA Ashwagandha Extract Market Size by Country
- 12.3.1 SAMEA Ashwagandha Extract Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 SAMEA Ashwagandha Extract Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 SAMEA Ashwagandha Extract 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 Ashwagandha Extract Value Chain Analysis
- 13.1.1 Ashwagandha Extract Key Raw Materials
- 13.1.2 Raw Materials Key Suppliers
- 13.1.3 Manufacturing Cost Structure
- 13.1.4 Ashwagandha Extract Production Mode & Process
- 13.2 Ashwagandha Extract Sales Channels Analysis
- 13.2.1 Direct Comparison with Distribution Share
- 13.2.2 Ashwagandha Extract Distributors
- 13.2.3 Ashwagandha Extract 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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