Selected research
Market Outlook & Growth Opportunities
Global Condensed Milk Market Outlook and Growth Opportunities 2026
Market perspective
The global Condensed Milk market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a compound annual growth rate (CAGR) of % over 2026-2032.
The North America market for Condensed Milk is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
The Europe market for Condensed Milk is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Read the full market overview
The Asia Pacific market for Condensed Milk is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
In China, the Condensed Milk market is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.
Major global companies in the Condensed Milk market include Alaska Milk, Amul, Arla Foods, Dairymen’s League, DaWan, Borden Food, Panda Dairy and Tatramilk, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
This report provides an overview of the global Condensed Milk market in terms of sales, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Condensed Milk and sales in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Condensed Milk sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by Type and Application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Condensed Milk market size, projected growth trends, production technologies, key applications, and end-use industries.
Condensed Milk Segment by Company
Alaska Milk
Amul
Arla Foods
Dairymen’s League
DaWan
Borden Food
Panda Dairy
Tatramilk
Condensed Milk Segment by Type
Whole Condensed Milk with Sugar
Sweetened Condensed Milk
Boiled Condensed Milk
Unsweetened Concentrated Milk
Choice Condensed Milk
Condensed Milk with Coffee & Cocoa
Condensed Milk Segment by Application
Caramel
Candies
Sweets
Cakes
Jams
Beverages
Condensed Milk 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 Condensed Milk 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 Condensed Milk market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Condensed Milk significant trends, drivers, influence factors in global and regions.
6. To analyze Condensed Milk 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 Condensed Milk 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 Condensed Milk 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 Condensed Milk.
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 Condensed Milk market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Condensed Milk industry.
Chapter 3: Detailed analysis of Condensed Milk 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 Condensed Milk 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 Condensed Milk 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.
More report detail
Tables and figures
Scope & coverage.
Types
- Whole Condensed Milk with Sugar
- Sweetened Condensed Milk
- Boiled Condensed Milk
- Unsweetened Concentrated Milk
- Choice Condensed Milk
- Condensed Milk with Coffee & Cocoa
Applications
- Caramel
- Candies
- Sweets
- Cakes
- Jams
- Beverages
Companies covered
- Alaska Milk
- Amul
- Arla Foods
- Dairymen’s League
- DaWan
- Borden Food
- Panda Dairy
- Tatramilk
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Condensed Milk Sales Value (2021-2032)
- 1.2.2 Global Condensed Milk Sales Volume (2021-2032)
- 1.2.3 Global Condensed Milk Sales Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Condensed Milk Market Dynamics
- 2.1 Condensed Milk Industry Trends
- 2.2 Condensed Milk Industry Drivers
- 2.3 Condensed Milk Industry Opportunities and Challenges
- 2.4 Condensed Milk Industry Restraints
3 Condensed Milk Market by Company
- 3.1 Global Condensed Milk Company Revenue Ranking in 2025
- 3.2 Global Condensed Milk Revenue by Company (2021-2026)
- 3.3 Global Condensed Milk Sales Volume by Company (2021-2026)
- 3.4 Global Condensed Milk Average Price by Company (2021-2026)
- 3.5 Global Condensed Milk Company Ranking (2024-2026)
- 3.6 Global Condensed Milk Company Manufacturing Base and Headquarters
- 3.7 Global Condensed Milk Company Product Type and Application
- 3.8 Global Condensed Milk Company Establishment Date
- 3.9 Market Competitive Analysis
- 3.9.1 Global Condensed Milk Market Concentration Ratio (CR5 and HHI)
- 3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2025
- 3.9.3 2025 Condensed Milk Tier 1, Tier 2, and Tier 3 Companies
- 3.10 Mergers and Acquisitions Expansion
4 Condensed Milk Market by Type
- 4.1 Condensed Milk Type Introduction
- 4.1.1 Whole Condensed Milk with Sugar
- 4.1.2 Sweetened Condensed Milk
- 4.1.3 Boiled Condensed Milk
- 4.1.4 Unsweetened Concentrated Milk
- 4.1.5 Choice Condensed Milk
- 4.1.6 Condensed Milk with Coffee & Cocoa
- 4.2 Global Condensed Milk Sales Volume by Type
- 4.2.1 Global Condensed Milk Sales Volume by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Condensed Milk Sales Volume by Type (2021-2032)
- 4.2.3 Global Condensed Milk Sales Volume Share by Type (2021-2032)
- 4.3 Global Condensed Milk Sales Value by Type
- 4.3.1 Global Condensed Milk Sales Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Condensed Milk Sales Value by Type (2021-2032)
- 4.3.3 Global Condensed Milk Sales Value Share by Type (2021-2032)
5 Condensed Milk Market by Application
- 5.1 Condensed Milk Application Introduction
- 5.1.1 Caramel
- 5.1.2 Candies
- 5.1.3 Sweets
- 5.1.4 Cakes
- 5.1.5 Jams
- 5.1.6 Beverages
- 5.2 Global Condensed Milk Sales Volume by Application
- 5.2.1 Global Condensed Milk Sales Volume by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Condensed Milk Sales Volume by Application (2021-2032)
- 5.2.3 Global Condensed Milk Sales Volume Share by Application (2021-2032)
- 5.3 Global Condensed Milk Sales Value by Application
- 5.3.1 Global Condensed Milk Sales Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Condensed Milk Sales Value by Application (2021-2032)
- 5.3.3 Global Condensed Milk Sales Value Share by Application (2021-2032)
6 Condensed Milk Regional Sales and Value Analysis
- 6.1 Global Condensed Milk Sales by Region: 2021 VS 2025 VS 2032
- 6.2 Global Condensed Milk Sales by Region (2021-2032)
- 6.2.1 Global Condensed Milk Sales by Region: 2021-2026
- 6.2.2 Global Condensed Milk Sales by Region (2027-2032)
- 6.3 Global Condensed Milk Sales Value by Region: 2021 VS 2025 VS 2032
- 6.4 Global Condensed Milk Sales Value by Region (2021-2032)
- 6.4.1 Global Condensed Milk Sales Value by Region: 2021-2026
- 6.4.2 Global Condensed Milk Sales Value by Region (2027-2032)
- 6.5 Global Condensed Milk Market Price Analysis by Region (2021-2026)
- 6.6 North America
- 6.6.1 North America Condensed Milk Sales Value (2021-2032)
- 6.6.2 North America Condensed Milk Sales Value Share by Country, 2025 VS 2032
- 6.7 Europe
- 6.7.1 Europe Condensed Milk Sales Value (2021-2032)
- 6.7.2 Europe Condensed Milk Sales Value Share by Country, 2025 VS 2032
- 6.8 Asia-Pacific
- 6.8.1 Asia-Pacific Condensed Milk Sales Value (2021-2032)
- 6.8.2 Asia-Pacific Condensed Milk Sales Value Share by Country, 2025 VS 2032
- 6.9 South America
- 6.9.1 South America Condensed Milk Sales Value (2021-2032)
- 6.9.2 South America Condensed Milk Sales Value Share by Country, 2025 VS 2032
- 6.10 Middle East & Africa
- 6.10.1 Middle East & Africa Condensed Milk Sales Value (2021-2032)
- 6.10.2 Middle East & Africa Condensed Milk Sales Value Share by Country, 2025 VS 2032
7 Condensed Milk Country-level Sales and Value Analysis
- 7.1 Global Condensed Milk Sales by Country: 2021 VS 2025 VS 2032
- 7.2 Global Condensed Milk Sales Value by Country: 2021 VS 2025 VS 2032
- 7.3 Global Condensed Milk Sales by Country (2021-2032)
- 7.3.1 Global Condensed Milk Sales by Country (2021-2026)
- 7.3.2 Global Condensed Milk Sales by Country (2027-2032)
- 7.4 Global Condensed Milk Sales Value by Country (2021-2032)
- 7.4.1 Global Condensed Milk Sales Value by Country (2021-2026)
- 7.4.2 Global Condensed Milk Sales Value by Country (2027-2032)
- 7.5 USA
- 7.5.1 USA Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.5.2 USA Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.5.3 USA Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.6 Canada
- 7.6.1 Canada Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.6.2 Canada Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.6.3 Canada Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.7 Mexico
- 7.6.1 Mexico Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.6.2 Mexico Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.6.3 Mexico Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.8 Germany
- 7.8.1 Germany Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.8.2 Germany Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.8.3 Germany Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.9 France
- 7.9.1 France Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.9.2 France Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.9.3 France Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.10 U.K.
- 7.10.1 U.K. Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.10.2 U.K. Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.10.3 U.K. Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.11 Italy
- 7.11.1 Italy Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.11.2 Italy Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.11.3 Italy Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.12 Spain
- 7.12.1 Spain Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.12.2 Spain Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.12.3 Spain Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.13 Russia
- 7.13.1 Russia Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.13.2 Russia Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.13.3 Russia Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.14 Netherlands
- 7.14.1 Netherlands Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.14.2 Netherlands Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.14.3 Netherlands Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.15 Nordic Countries
- 7.15.1 Nordic Countries Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.15.2 Nordic Countries Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.15.3 Nordic Countries Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.16 China
- 7.16.1 China Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.16.2 China Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.16.3 China Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.17 Japan
- 7.17.1 Japan Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.17.2 Japan Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.17.3 Japan Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.18 South Korea
- 7.18.1 South Korea Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.18.2 South Korea Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.18.3 South Korea Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.19 India
- 7.19.1 India Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.19.2 India Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.19.3 India Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.20 Australia
- 7.20.1 Australia Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.20.2 Australia Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.20.3 Australia Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.21 Southeast Asia
- 7.21.1 Southeast Asia Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.21.2 Southeast Asia Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.21.3 Southeast Asia Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.22 Brazil
- 7.22.1 Brazil Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.22.2 Brazil Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.22.3 Brazil Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.23 Argentina
- 7.23.1 Argentina Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.23.2 Argentina Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.23.3 Argentina Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.24 Chile
- 7.24.1 Chile Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.24.2 Chile Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.24.3 Chile Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.25 Colombia
- 7.25.1 Colombia Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.25.2 Colombia Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.25.3 Colombia Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.26 Peru
- 7.26.1 Peru Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.26.2 Peru Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.26.3 Peru Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.27 Saudi Arabia
- 7.27.1 Saudi Arabia Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.27.2 Saudi Arabia Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.27.3 Saudi Arabia Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.28 Israel
- 7.28.1 Israel Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.28.2 Israel Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.28.3 Israel Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.29 UAE
- 7.29.1 UAE Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.29.2 UAE Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.29.3 UAE Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.30 Turkey
- 7.30.1 Turkey Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.30.2 Turkey Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.30.3 Turkey Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.31 Iran
- 7.31.1 Iran Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.31.2 Iran Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.31.3 Iran Condensed Milk Sales Value Share by Application, 2025 VS 2032
- 7.32 Egypt
- 7.32.1 Egypt Condensed Milk Sales Value Growth Rate (2021-2032)
- 7.32.2 Egypt Condensed Milk Sales Value Share by Type, 2025 VS 2032
- 7.32.3 Egypt Condensed Milk Sales Value Share by Application, 2025 VS 2032
8 Company Profiles
- 8.1 Alaska Milk
- 8.1.1 Alaska Milk Company Information
- 8.1.2 Alaska Milk Business Overview
- 8.1.3 Alaska Milk Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.1.4 Alaska Milk Condensed Milk Product Portfolio
- 8.1.5 Alaska Milk Recent Developments
- 8.2 Amul
- 8.2.1 Amul Company Information
- 8.2.2 Amul Business Overview
- 8.2.3 Amul Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.2.4 Amul Condensed Milk Product Portfolio
- 8.2.5 Amul Recent Developments
- 8.3 Arla Foods
- 8.3.1 Arla Foods Company Information
- 8.3.2 Arla Foods Business Overview
- 8.3.3 Arla Foods Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.3.4 Arla Foods Condensed Milk Product Portfolio
- 8.3.5 Arla Foods Recent Developments
- 8.4 Dairymen’s League
- 8.4.1 Dairymen’s League Company Information
- 8.4.2 Dairymen’s League Business Overview
- 8.4.3 Dairymen’s League Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.4.4 Dairymen’s League Condensed Milk Product Portfolio
- 8.4.5 Dairymen’s League Recent Developments
- 8.5 DaWan
- 8.5.1 DaWan Company Information
- 8.5.2 DaWan Business Overview
- 8.5.3 DaWan Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.5.4 DaWan Condensed Milk Product Portfolio
- 8.5.5 DaWan Recent Developments
- 8.6 Borden Food
- 8.6.1 Borden Food Company Information
- 8.6.2 Borden Food Business Overview
- 8.6.3 Borden Food Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.6.4 Borden Food Condensed Milk Product Portfolio
- 8.6.5 Borden Food Recent Developments
- 8.7 Panda Dairy
- 8.7.1 Panda Dairy Company Information
- 8.7.2 Panda Dairy Business Overview
- 8.7.3 Panda Dairy Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.7.4 Panda Dairy Condensed Milk Product Portfolio
- 8.7.5 Panda Dairy Recent Developments
- 8.8 Tatramilk
- 8.8.1 Tatramilk Company Information
- 8.8.2 Tatramilk Business Overview
- 8.8.3 Tatramilk Condensed Milk Sales, Value and Gross Margin (2021-2026)
- 8.8.4 Tatramilk Condensed Milk Product Portfolio
- 8.8.5 Tatramilk Recent Developments
9 Value Chain and Sales Channels Analysis
- 9.1 Condensed Milk Value Chain Analysis
- 9.1.1 Condensed Milk Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Condensed Milk Sales Mode & Process
- 9.2 Condensed Milk Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Condensed Milk Distributors
- 9.2.3 Condensed Milk 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
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