表紙:ラクチル化モノグリセリドの世界市場(2022年~2028年):性質別、グレード別、機能別、最終用途別、地域別の市場規模調査と予測
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1090112

ラクチル化モノグリセリドの世界市場(2022年~2028年):性質別、グレード別、機能別、最終用途別、地域別の市場規模調査と予測

Global Lactylated Monoglyceride Market Size study, By Nature, By Grade, By Function, By End Use, and Regional Forecasts 2022-2028

出版日: | 発行: Bizwit Research & Consulting LLP | ページ情報: 英文 | 納期: 2~3営業日

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ラクチル化モノグリセリドの世界市場(2022年~2028年):性質別、グレード別、機能別、最終用途別、地域別の市場規模調査と予測
出版日: 2022年06月13日
発行: Bizwit Research & Consulting LLP
ページ情報: 英文
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のラクチル化モノグリセリドの市場規模は、2022年~2028年の予測期間中に健全な成長率で拡大すると予想されています。

市場を牽引する主な要因には、食品添加物やオンライン外食産業の拡大のための需要の増加などがあります。

当レポートは、世界のラクチル化モノグリセリド市場を調査し、市場の概要、市場の促進要因・抑制要因の分析、市場機会、COVID-19の影響、セグメント別の市場分析、競合情勢、主要企業のプロファイルなど、体系的な情報を提供しています。

目次

第1章 エグゼクティブサマリー

第2章 世界のラクチル化モノグリセリド市場:定義と範囲

第3章 世界のラクチル化モノグリセリド:市場力学

  • ラクチル化モノグリセリド市場:影響分析(2020年~2028年)

第4章 世界のラクチル化モノグリセリド市場:業界分析

  • ポーターのファイブフォースモデル
  • PEST分析
  • 投資採用モデル
  • アナリストの推奨事項と結論
  • 主要な投資機会
  • 主要な成功戦略

第5章 リスク評価:COVID-19の影響

    • 業界に対するCOVID-19の全体的な影響の評価
    • COVID-19以前およびCOVID-19後の市場シナリオ

第6章 世界のラクチル化モノグリセリド市場:性質別

  • 市場のスナップショット
  • 実績:潜在的な分析
  • 市場規模の推計と予測(2018年~2028年)
  • サブセグメント分析
    • 天然
    • 合成

第7章 世界のラクチル化モノグリセリド市場:グレード別

  • 市場のスナップショット
  • 実績:潜在的な分析
  • 市場規模の推計と予測(2018年~2028年)
  • サブセグメント分析
    • 食品グレード
    • 化粧品グレード
    • 医薬品グレード

第8章 世界のラクチル化モノグリセリド市場:機能別

  • 市場のスナップショット
  • 実績:潜在的な分析
  • 市場規模の推計と予測(2018年~2028年)
  • サブセグメント分析
    • 乳化剤
    • 安定剤
    • ミキシングエージェント
    • テキスチャライザー
    • 増粘剤

第9章 世界のラクチル化モノグリセリド市場:最終用途別

  • 市場のスナップショット
  • 実績:潜在的な分析
  • 市場規模の推計と予測(2018年~2028年)
  • サブセグメント分析
    • 所品・飲料
    • 製パン製品
    • 製菓
    • パーソナルケア製品
    • 医薬品
    • その他

第10章 世界のラクチル化モノグリセリド市場:地域分析

  • 地域市場のスナップショット
  • 北米
    • 米国
    • カナダ
  • 欧州のスナップショット
    • 英国
    • ドイツ
    • フランス
    • スペイン
    • イタリア
    • その他欧州
  • アジア太平洋地域のスナップショット
    • 中国
    • インド
    • 日本
    • オーストラリア
    • 韓国
    • その他アジア太平洋地域
  • ラテンアメリカのスナップショット
    • ブラジル
    • メキシコ
  • その他の地域

第11章 競合情勢

  • 主な市場戦略
  • 企業プロファイル
    • Riken Vitamin Co., Ltd.
    • Stepan Company
    • Vision Ingredients
    • Wego Chemical Mineral Corp.
    • Shandong Yuwang Industrial Co., Ltd.
    • Corbion Ag
    • Musim Mas Holdings Pvt. Ltd.
    • Puratos Corporation
    • Jialishi Additives(Haian)Co., Ltd.
    • Henan Zhengtong Food Technology Co., Ltd

第12章 調査プロセス

図表

LIST OF TABLES

  • TABLE 1. Global Lactylated Monoglyceride Market, report scope
  • TABLE 2. Global Lactylated Monoglyceride Market estimates & forecasts by Region 2018-2028 (USD Million)
  • TABLE 3. Global Lactylated Monoglyceride Market estimates & forecasts by Nature 2018-2028 (USD Million)
  • TABLE 4. Global Lactylated Monoglyceride Market estimates & forecasts by Grade 2018-2028 (USD Million)
  • TABLE 5. Global Lactylated Monoglyceride Market estimates & forecasts by Function 2018-2028 (USD Million)
  • TABLE 6. Global Lactylated Monoglyceride Market estimates & forecasts by End Use 2018-2028 (USD Million)
  • TABLE 7. Global Lactylated Monoglyceride Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 8. Global Lactylated Monoglyceride Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 9. Global Lactylated Monoglyceride Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 10. Global Lactylated Monoglyceride Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 11. Global Lactylated Monoglyceride Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 12. Global Lactylated Monoglyceride Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 13. Global Lactylated Monoglyceride Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 14. Global Lactylated Monoglyceride Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 15. Global Lactylated Monoglyceride Market by segment, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 16. Global Lactylated Monoglyceride Market by region, estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 17. U.S. Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 18. U.S. Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 19. U.S. Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 20. Canada Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 21. Canada Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 22. Canada Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 23. UK Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 24. UK Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 25. UK Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 26. Germany Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 27. Germany Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 28. Germany Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 29. RoE Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 30. RoE Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 31. RoE Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 32. China Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 33. China Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 34. China Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 35. India Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 36. India Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 37. India Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 38. Japan Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 39. Japan Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 40. Japan Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 41. RoAPAC Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 42. RoAPAC Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 43. RoAPAC Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 44. Brazil Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 45. Brazil Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 46. Brazil Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 47. Mexico Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 48. Mexico Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 49. Mexico Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 50. RoLA Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 51. RoLA Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 52. RoLA Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 53. Row Lactylated Monoglyceride Market estimates & forecasts, 2018-2028 (USD Million)
  • TABLE 54. Row Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 55. Row Lactylated Monoglyceride Market estimates & forecasts by segment 2018-2028 (USD Million)
  • TABLE 56. List of secondary sources, used in the study of global Lactylated Monoglyceride Market
  • TABLE 57. List of primary sources, used in the study of global Lactylated Monoglyceride Market
  • TABLE 58. Years considered for the study
  • TABLE 59. Exchange rates considered

LIST OF FIGURES

List of figures

  • FIG 1. Global Lactylated Monoglyceride Market, research methodology
  • FIG 2. Global Lactylated Monoglyceride Market, Market estimation techniques
  • FIG 3. Global Market size estimates & forecast methods
  • FIG 4. Global Lactylated Monoglyceride Market, key trends 2021
  • FIG 5. Global Lactylated Monoglyceride Market, growth prospects 2022-2028
  • FIG 6. Global Lactylated Monoglyceride Market, porters 5 force model
  • FIG 7. Global Lactylated Monoglyceride Market, pest analysis
  • FIG 8. Global Lactylated Monoglyceride Market, value chain analysis
  • FIG 9. Global Lactylated Monoglyceride Market by segment, 2018 & 2028 (USD Million)
  • FIG 10. Global Lactylated Monoglyceride Market by segment, 2018 & 2028 (USD Million)
  • FIG 11. Global Lactylated Monoglyceride Market by segment, 2018 & 2028 (USD Million)
  • FIG 12. Global Lactylated Monoglyceride Market by segment, 2018 & 2028 (USD Million)
  • FIG 13. Global Lactylated Monoglyceride Market by segment, 2018 & 2028 (USD Million)
  • FIG 14. Global Lactylated Monoglyceride Market, regional snapshot 2018 & 2028
  • FIG 15. North America Lactylated Monoglyceride Market 2018 & 2028 (USD Million)
  • FIG 16. Europe Lactylated Monoglyceride Market 2018 & 2028 (USD Million)
  • FIG 17. Asia pacific Market 2018 & 2028 (USD Million)
  • FIG 18. Latin America Lactylated Monoglyceride Market 2018 & 2028 (USD Million)
  • FIG 19. Global Lactylated Monoglyceride Market, company Market share analysis (2021)
目次

Global Lactylated Monoglyceride Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. The Lactylated Monoglyceride can be defined as Lactic acid esters of monoglyceride. In Lactylated Monoglyceride, lactic acid is bound with monoglyceride. It is used in shortening for cakes, desserts and foaming for cream by itself and in combination with monoglyceride. These are also used in bakery and confectionery products in different applications such Emulsifier, Stabilizer, mixing agent, texturizer, and thickener among others. The growing demand for Food additives and increasing expansion of online food services industry are factors that are accelerating the global market demand. For instance, according to Statista - In 2019, the Latin American market of food additives was estimated at USD 4.82 billion, and this amount is projected to grow to USD 6.21 billion by end of 2023. Furthermore, as per Statista - as of 2022, global online food delivery sector is valued at USD 130.2 billion, and this amount is projected to grow to USD 223.7 billion by end of 2027. Also, growing food and beverages sector in emerging markets and rapid urbanization coupled with rising disposable income are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, growing prevalence of lifestyle diseases and rising inclination towards healthy food products impede the growth of the market over the forecast period of 2022-2028.

The key regions considered for the global Lactylated Monoglyceride Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to rising demand for convenience food and presence of leading market players in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as growing food and beverages sector and increasing penetration online food services platforms in the region, would create lucrative growth prospects for the global Lactylated Monoglyceride Market across the Asia Pacific region.

Major market players included in this report are:

Riken Vitamin Co., Ltd.

Stepan Company

Vision Ingredients

Wego Chemical Mineral Corp.

Shandong Yuwang Industrial Co., Ltd.

Corbion Ag

Musim Mas Holdings Pvt. Ltd.

Puratos Corporation

Jialishi Additives (Haian) Co.,Ltd.

Henan Zhengtong Food Technology Co., Ltd

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Nature

Natural

Synthetic

By Grade

Food Grade

Cosmetic Grade

Pharmaceutical Grade

By Function

Emulsifier

Stabilizer

Mixing Agent

Texturizer

Thickener

By End Use

Food & Beverages

Bakery Products

Confectioneries

Personal Care Products

Pharmaceutical Products

Others

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019, 2020

Base year - 2021

Forecast period - 2022 to 2028

Target Audience of the Global Lactylated Monoglyceride Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
    • 1.2.1. Global Lactylated Monoglyceride Market, by Region, 2020-2028 (USD Million)
    • 1.2.2. Global Lactylated Monoglyceride Market, by Nature, 2020-2028 (USD Million)
    • 1.2.3. Global Lactylated Monoglyceride Market, by Grade, 2020-2028 (USD Million)
    • 1.2.4. Global Lactylated Monoglyceride Market, by Function, 2020-2028 (USD Million)
    • 1.2.5. Global Lactylated Monoglyceride Market, by End Use, 2020-2028 (USD Million)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Lactylated Monoglyceride Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Lactylated Monoglyceride Market Dynamics

  • 3.1. Lactylated Monoglyceride Market Impact Analysis (2020-2028)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Growing demand for Food additives.
      • 3.1.1.2. Increasing expansion of online food services industry.
    • 3.1.2. Market Challenges
      • 3.1.2.1. Growing prevalence of lifestyle diseases.
      • 3.1.2.2. Rising inclination towards healthy products.
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Growing food and beverages sector in emerging markets.
      • 3.1.3.2. Rapid urbanization and rising disposable income.

Chapter 4. Global Lactylated Monoglyceride Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2028)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion
  • 4.5. Top investment opportunity
  • 4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

    • 5.1.1. Assessment of the overall impact of COVID-19 on the industry
    • 5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Lactylated Monoglyceride Market, by Nature

  • 6.1. Market Snapshot
  • 6.2. Global Lactylated Monoglyceride Market by Nature, Performance - Potential Analysis
  • 6.3. Global Lactylated Monoglyceride Market Estimates & Forecasts by Nature 2018-2028 (USD Million)
  • 6.4. Lactylated Monoglyceride Market, Sub Segment Analysis
    • 6.4.1. Natural
    • 6.4.2. Synthetic

Chapter 7. Global Lactylated Monoglyceride Market, by Grade

  • 7.1. Market Snapshot
  • 7.2. Global Lactylated Monoglyceride Market by Grade, Performance - Potential Analysis
  • 7.3. Global Lactylated Monoglyceride Market Estimates & Forecasts by Grade 2018-2028 (USD Million)
  • 7.4. Lactylated Monoglyceride Market, Sub Segment Analysis
    • 7.4.1. Food Grade
    • 7.4.2. Cosmetic Grade
    • 7.4.3. Pharmaceutical Grade

Chapter 8. Global Lactylated Monoglyceride Market, by Function

  • 8.1. Market Snapshot
  • 8.2. Global Lactylated Monoglyceride Market by Function, Performance - Potential Analysis
  • 8.3. Global Lactylated Monoglyceride Market Estimates & Forecasts by Function 2018-2028 (USD Million)
  • 8.4. Lactylated Monoglyceride Market, Sub Segment Analysis
    • 8.4.1. Emulsifier
    • 8.4.2. Stabilizer
    • 8.4.3. Mixing Agent
    • 8.4.4. Texturizer
    • 8.4.5. Thickener

Chapter 9. Global Lactylated Monoglyceride Market, by End Use

  • 9.1. Market Snapshot
  • 9.2. Global Lactylated Monoglyceride Market by End Use, Performance - Potential Analysis
  • 9.3. Global Lactylated Monoglyceride Market Estimates & Forecasts by End Use 2018-2028 (USD Million)
  • 9.4. Lactylated Monoglyceride Market, Sub Segment Analysis
    • 9.4.1. Food & Beverages
    • 9.4.2. Bakery Products
    • 9.4.3. Confectioneries
    • 9.4.4. Personal Care Products
    • 9.4.5. Pharmaceutical Products
    • 9.4.6. Others

Chapter 10. Global Lactylated Monoglyceride Market, Regional Analysis

  • 10.1. Lactylated Monoglyceride Market, Regional Market Snapshot
  • 10.2. North America Lactylated Monoglyceride Market
    • 10.2.1. U.S. Lactylated Monoglyceride Market
      • 10.2.1.1. Nature estimates & forecasts, 2018-2028
      • 10.2.1.2. Grade estimates & forecasts, 2018-2028
      • 10.2.1.3. Function estimates & forecasts, 2018-2028
      • 10.2.1.4. End Use estimates & forecasts, 2018-2028
    • 10.2.2. Canada Lactylated Monoglyceride Market
  • 10.3. Europe Lactylated Monoglyceride Market Snapshot
    • 10.3.1. U.K. Lactylated Monoglyceride Market
    • 10.3.2. Germany Lactylated Monoglyceride Market
    • 10.3.3. France Lactylated Monoglyceride Market
    • 10.3.4. Spain Lactylated Monoglyceride Market
    • 10.3.5. Italy Lactylated Monoglyceride Market
    • 10.3.6. Rest of Europe Lactylated Monoglyceride Market
  • 10.4. Asia-Pacific Lactylated Monoglyceride Market Snapshot
    • 10.4.1. China Lactylated Monoglyceride Market
    • 10.4.2. India Lactylated Monoglyceride Market
    • 10.4.3. Japan Lactylated Monoglyceride Market
    • 10.4.4. Australia Lactylated Monoglyceride Market
    • 10.4.5. South Korea Lactylated Monoglyceride Market
    • 10.4.6. Rest of Asia Pacific Lactylated Monoglyceride Market
  • 10.5. Latin America Lactylated Monoglyceride Market Snapshot
    • 10.5.1. Brazil Lactylated Monoglyceride Market
    • 10.5.2. Mexico Lactylated Monoglyceride Market
  • 10.6. Rest of The World Lactylated Monoglyceride Market

Chapter 11. Competitive Intelligence

  • 11.1. Top Market Strategies
  • 11.2. Company Profiles
    • 11.2.1. Riken Vitamin Co., Ltd.
      • 11.2.1.1. Key Information
      • 11.2.1.2. Overview
      • 11.2.1.3. Financial (Subject to Data Availability)
      • 11.2.1.4. Product Summary
      • 11.2.1.5. Recent Developments
    • 11.2.2. Stepan Company
    • 11.2.3. Vision Ingredients
    • 11.2.4. Wego Chemical Mineral Corp.
    • 11.2.5. Shandong Yuwang Industrial Co., Ltd.
    • 11.2.6. Corbion Ag
    • 11.2.7. Musim Mas Holdings Pvt. Ltd.
    • 11.2.8. Puratos Corporation
    • 11.2.9. Jialishi Additives (Haian) Co., Ltd.
    • 11.2.10. Henan Zhengtong Food Technology Co., Ltd

Chapter 12. Research Process

  • 12.1. Research Process
    • 12.1.1. Data Mining
    • 12.1.2. Analysis
    • 12.1.3. Market Estimation
    • 12.1.4. Validation
    • 12.1.5. Publishing
  • 12.2. Research Attributes
  • 12.3. Research Assumption