サンプル依頼リスト カート
  • English
  • Traditional Chinese
  • Simplified Chinese
市場調査レポート
商品コード
1375223

中南米のカプセル化フレグランス市場の2028年までの予測- 製品タイプ別、用途別の地域分析

South & Central America Encapsulated Fragrances Market Forecast to 2028 - Regional Analysis By Product Type, and Application

出版日
ページ情報
英文 114 Pages
納期
即納可能 即納可能とは
価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=144.03円
中南米のカプセル化フレグランス市場の2028年までの予測- 製品タイプ別、用途別の地域分析
出版日: 2023年09月18日
発行: The Insight Partners
ページ情報: 英文 114 Pages
納期: 即納可能 即納可能とは
GIIご利用のメリット
  • 全表示
  • 概要
  • 図表
  • 目次
概要

中南米のカプセル化フレグランス市場は、2022年の1億3,335万米ドルから2028年には1億7,900万米ドルに成長すると予測されています。2022年から2028年までのCAGRは5.0%で成長すると推定されます。

主要市場プレイヤーの戦略的取り組みが中南米カプセル化フレグランス市場を牽引

世界のカプセル化フレグランスメーカーは、消費者を惹きつけ、製品の地位を高めるために、製品の発売、M&A、事業拡大などの戦略的開発イニシアチブに多額の投資を行っています。国内外のプレーヤーは、様々な用途におけるカプセル化フレグランスの需要の高まりに対応するため、新製品を開発・発売しています。例えば、2021年12月、Givaudan SAは、柔軟仕上げ剤用の生物由来で生分解可能な送達システムで長時間のフレグランス体験を保証する、フレグランスをカプセル化したイノベーションであるPlanetCapsの発売を発表しました。この発売は、製品ポートフォリオを拡大し、持続可能性を高めることを目的としています。このように、主要市場プレイヤーのこうした戦略的取り組みが、カプセル化フレグランス市場の成長を後押ししています。

中南米のカプセル化フレグランス市場の概要

中南米のカプセル化フレグランス市場は、ブラジル、アルゼンチン、その他南米に区分されます。カプセル化フレグランスは、化粧品、スキンケア、ヘアケア製品などのパーソナルケア製品に広く利用されているため、カプセル化フレグランス産業は、この地域全体で重要な収益を生み出している産業の1つです。技術の進歩がカプセル化フレグランス産業の成長を後押しすると予測されています。2022年7月、International Flavors &Fragrances Inc（IFF）はブラジル、コロンビア、チリの3つのイノベーションセンターに1,580万米ドルを投資すると発表しました。これら3つの新しいアプリケーションラボは、飲食品、ホーム＆パーソナルケア、ヘルス＆ウェルネスの各分野における生産と製品開発の共創を増加させました。したがって、この地域におけるカプセル化フレグランス生産の拡大は、パーソナルケア、飲食品、ホームケアなど多くの産業がそれぞれの製品にこれらのフレグランスを取り入れる大きな機会を生み出しています。

さらに、天然由来成分の重要性が高まっていることは、中南米の美容・パーソナルケア消費者の心に常に強く根付いています。男性のグルーミング動向の高まりは、自己表現と男性らしさのパラダイムの変化と関連しています。この地域の男性の美意識は高まっており、それが男性のパーソナルケア製品の売上を押し上げています。そのため、パーソナルケア産業の成長は、最終用途産業におけるカプセル化フレグランスの需要拡大につながります。また、飲食品産業の成長も中南米のカプセル化フレグランス市場の成長を牽引しています。

中南米のカプセル化フレグランス市場の収益と2028年までの予測（金額）

中南米のカプセル化フレグランス市場セグメンテーション

中南米のカプセル化フレグランス市場は、製品タイプ、用途、国に区分されます。

製品タイプに基づき、中南米のカプセル化フレグランス市場はフレグランスブレンド、アロマケミカル、その他に区分されます。2022年には、その他セグメントが中南米のカプセル化フレグランス市場で最大のシェアを記録しました。

用途別では、中南米のカプセル化フレグランス市場は、香水・フレグランス、クリーニング製品、化粧品、個人衛生製品、飲食品、その他に区分されます。2022年、中南米のカプセル化フレグランス市場では、クリーニング製品分野が最大のシェアを記録しました。

国別に見ると、中南米のカプセル化フレグランス市場はブラジル、アルゼンチン、その他南米に区分されます。2022年、ブラジル市場は中南米のカプセル化フレグランス市場で最大のシェアを記録しました。

Ashland Inc、Firmenich SA、Givaudan SA、Glatt GmbH、Ingredion Inc、International Flavors &Fragrances Inc、Symrise AGは、中南米のカプセル化フレグランス市場で事業を展開する大手企業の一部です。

目次

第1章 イントロダクション

第2章 キーポイント

第3章 調査手法

  • 調査範囲
    • 中南米のカプセル化フレグランス市場：製品タイプ別、用途別
  • 調査手法
    • データ収集
    • 一次インタビュー
    • 仮説の策定
    • マクロ経済要因分析
    • 基礎数値の作成
    • データの三角測量
    • 国レベルのデータ

第4章 中南米のカプセル化フレグランス市場情勢

  • 市場概要
  • ポーターのファイブフォース分析
    • 供給企業の交渉力
    • 買い手の交渉力
    • 新規参入業者の脅威
    • 競争企業間の敵対関係
    • 代替品の脅威
  • エコシステム分析
    • 原材料サプライヤー
    • メーカー
    • 流通業者
    • エンドユーザー
  • 専門家の見解

第5章 中南米のカプセル化フレグランス市場：主要市場力学

  • 市場促進要因
    • 様々な用途でのカプセル化フレグランスの採用増加
    • 主要市場プレイヤーの戦略的取り組み
  • 市場抑制要因
    • カプセル化技術に伴う高コスト
  • 市場機会
    • カプセル化技術における技術革新の高まり
  • 今後の動向
    • 天然香料の需要増加
  • 影響分析

第6章 カプセル化フレグランス：中南米市場分析

  • 中南米のカプセル化フレグランス市場-2028年までの数量予測（キロトン）

第7章 カプセル化フレグランスの中南米市場分析-製品タイプ別

  • 中南米のカプセル化フレグランス市場：製品タイプ別（2022年、2028年）
  • フレグランスブレンド
  • アロマケミカル
  • その他

第8章 中南米のカプセル化フレグランス市場分析：用途別

  • 中南米のカプセル化フレグランス市場：用途別（2022年、2028年）
  • 香水とフレグランス
  • クリーニング製品
  • 化粧品
  • 個人用衛生製品
  • 飲食品
  • その他

第9章 中南米カプセル化フレグランス市場：国別分析

      • ブラジル
      • アルゼンチン
      • その他中南米

第10章 業界情勢

  • 事業拡大
  • 新製品開発
  • 合併と買収

第11章 企業プロファイル

  • Firmenich SA
  • Givaudan SA
  • Ingredion Inc
  • International Flavors & Fragrances Inc
  • Symrise AG
  • Glatt GmbH
  • Ashland Inc

第12章 付録

図表

List Of Tables

  • Table 1. South & Central America Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Mn)
  • Table 2. South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
  • Table 3. Brazil Encapsulated Fragrances Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 4. Brazil Encapsulated Fragrances Market, by Product Type - Volume and Forecast to 2028 (Kilotons)
  • Table 5. Brazil Encapsulated Fragrances Market, by Application- Revenue and Forecast to 2028 (US$ Million)
  • Table 6. Argentina Encapsulated Fragrances Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 7. Argentina Encapsulated Fragrances Market, by Product Type - Volume and Forecast to 2028 (Kilotons)
  • Table 8. Argentina Encapsulated Fragrances Market, by Application- Revenue and Forecast to 2028 (US$ Million)
  • Table 9. Rest of South & Central America Global Encapsulated Fragrances Market, by Product Type - Revenue and Forecast to 2028 (US$ Million)
  • Table 10. Rest of South & Central America Global Encapsulated Fragrances Market, by Product Type - Volume and Forecast to 2028 (Kilotons)
  • Table 11. Rest of South & Central America Global Encapsulated Fragrances Market, by Application- Revenue and Forecast to 2028 (US$ Million)
  • Table 12. Glossary of Terms, South & Central America Encapsulated Fragrances Market

List Of Figures

  • Figure 1. South & Central America Encapsulated Fragrances Market Segmentation
  • Figure 2. South & Central America Encapsulated Fragrances Market Segmentation - By Country
  • Figure 3. South & Central America Encapsulated Fragrances Market Overview
  • Figure 4. South & Central America Encapsulated Fragrances Market, By Product Type
  • Figure 5. South & Central America Encapsulated Fragrances Market, by Country
  • Figure 6. Porter's Five Forces Analysis of South & Central America Encapsulated Fragrances Market
  • Figure 7. South & Central America Encapsulated Fragrances Market, Ecosystem
  • Figure 8. Expert Opinion
  • Figure 9. South & Central America Encapsulated Fragrances Market Impact Analysis of Drivers and Restraints
  • Figure 10. South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
  • Figure 11. South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
  • Figure 12. South & Central America Encapsulated Fragrances Market Revenue Share, By Product Type (2022 and 2028)
  • Figure 13. Fragrance Blends: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 14. Fragrance Blends: South & Central America Encapsulated Fragrances Market -Volume and Forecast To 2028 (Kilotons)
  • Figure 15. Aroma Chemicals: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 16. Aroma Chemicals: South & Central America Encapsulated Fragrances Market -Volume and Forecast To 2028 (Kilotons)
  • Figure 17. Others: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 18. Others: South & Central America Encapsulated Fragrances Market -Volume and Forecast To 2028 (Kilotons)
  • Figure 19. South & Central America Encapsulated Fragrances Market Revenue Share, By Application (2022 and 2028)
  • Figure 20. Perfumes and Fragrances: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 21. Cleaning Products: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 22. Cosmetics: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 23. Personal Hygiene Products: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 24. Food and Beverages: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 25. Others: South & Central America Encapsulated Fragrances Market - Revenue and Forecast To 2028 (US$ Mn)
  • Figure 26. South & Central America Encapsulated Fragrances Market, By Key Country - Revenue (2021) (US$ Million)
  • Figure 27. South & Central America Encapsulated Fragrances Market Revenue Share, By Key Country (2021 And 2028)
  • Figure 28. Brazil: Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
  • Figure 29. Argentina: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
  • Figure 30. Argentina: Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
  • Figure 31. Rest of South & Central America: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
  • Figure 32. Rest of South & Central America: Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
目次
Product Code: BMIRE00028896

The South & Central America encapsulated fragrances market is expected to grow from US$ 133.35 million in 2022 to US$ 179.00 million by 2028. It is estimated to grow at a CAGR of 5.0% from 2022 to 2028.

Strategic Initiatives by Key Market Players Drive South & Central America Encapsulated Fragrances Market

Encapsulated fragrances manufacturers worldwide invest significantly in strategic development initiatives such as product launched, merger and acquisition, and business expansion to attract consumers and enhance their product position. Local and international players are advancing and launching new products to cater to the rising demand for encapsulated fragrances in various applications. For instance, in December 2021, Givaudan SA announced the launch of PlanetCaps, a fragrance encapsulated innovation which ensures long lasting fragrance experience in a bio-sourced and biodegradable delivery system for fabric softeners. The launch was aimed to expand its product portfolio and boost the sustainability. Thus, such strategic initiatives by key market players drive the growth of the encapsulated fragrances market.

South & Central America Encapsulated Fragrances Market Overview

The South & Central America encapsulated fragrances market is segmented into Brazil, Argentina, and the Rest of South & Central America. The encapsulated fragrances industry is one of the significant revenue-generating industries across the region, as encapsulated fragrances are widely utilized in personal care products, including cosmetics, skincare, and hair care products. It is projected that technological advancements boost the growth of the encapsulated fragrances industry. In July 2022, International Flavors & Fragrances Inc (IFF) announced an investment of US$ 15.8 million in three innovation centers in Brazil, Colombia, and Chile. These three new application laboratories have increased production and product development co-creation in food & beverage, home & personal care, and health & wellness segments. Hence, the expansion of encapsulated fragrance production in the region has created massive opportunities for many industries such as personal care, food & beverages, and homecare to incorporate these fragrances in their respective products.

Furthermore, the growing relevance of naturally sourced ingredients has always been strongly well-entrenched in the mind of South & Central American beauty and personal care consumers. The rising grooming trend among men has been linked to self-expression and shifting masculinity paradigms. Men in the region have seen a growing beauty consciousness which has uplifted the sales of personal care products among men. Thus, the growth of personal care industry results to higher demand for encapsulated fragrances in the end use industry. Also, the growth of food and beverages industry drives the South & Central America encapsulated fragrances market growth.

South & Central America Encapsulated Fragrances Market Revenue and Forecast to 2028 (US$ Million)

South & Central America Encapsulated Fragrances Market Segmentation

The South & Central America encapsulated fragrances market is segmented into product type, application, and country.

Based on product type, the South & Central America encapsulated fragrances market is segmented into fragrance blends, aroma chemicals, and others. In 2022, the others segment registered the largest share in the South & Central America encapsulated fragrances market.

Based on application, the South & Central America encapsulated fragrances market is segmented into perfumes and fragrances, cleaning products, cosmetics, personal hygiene products, food and beverages, and others. In 2022, the cleaning products segment registered the largest share in the South & Central America encapsulated fragrances market.

Based on country, the South & Central America encapsulated fragrances market is segmented into Brazil, Argentina, and the Rest of South & Central America. In 2022, Brazil segment registered the largest share in the South & Central America encapsulated fragrances market.

Ashland Inc; Firmenich SA; Givaudan SA; Glatt GmbH; Ingredion Inc; International Flavors & Fragrances Inc; and Symrise AG are some of the leading companies operating in the South & Central America encapsulated fragrances market.

Reasons to Buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the South & Central America encapsulated fragrances market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South & Central America encapsulated fragrances market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South & Central America market trends and outlook coupled with the factors driving the encapsulated fragrances market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

Table Of Contents

1. Introduction

  • 1.1 Scope of the Study
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation
    • 1.3.1 South & Central America Encapsulated Fragrances Market, by Product Type
    • 1.3.2 South & Central America Encapsulated Fragrances Market, by Application
    • 1.3.3 South & Central America Encapsulated Fragrances Market, by Country

2. Key Takeaways

3. Research Methodology

  • 3.1 Scope of the Study
    • 3.1.1 South & Central America Encapsulated Fragrances Market, by Product Type, and Application
  • 3.2 Research Methodology
    • 3.2.1 Data Collection:
    • 3.2.2 Primary Interviews:
    • 3.2.3 Hypothesis formulation:
    • 3.2.4 Macro-economic factor analysis:
    • 3.2.5 Developing base number:
    • 3.2.6 Data Triangulation:
    • 3.2.7 Country level data:

4. South & Central America Encapsulated Fragrances Market Landscape

  • 4.1 Market Overview
  • 4.2 Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers:
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Competitive Rivalry
    • 4.2.5 Threat of Substitutes
  • 4.3 Ecosystem Analysis
    • 4.3.1 Overview:
    • 4.3.2 Raw Material Suppliers:
    • 4.3.3 Manufacturers
    • 4.3.4 Distributors
    • 4.3.5 End-User
  • 4.4 Expert Opinion

5. South & Central America Encapsulated Fragrances Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Rising Adoption of Encapsulated Fragrances from Various Applications
    • 5.1.2 Strategic Initiatives by Key Market Players
  • 5.2 Market Restraints
    • 5.2.1 High Costs Associated with Encapsulation Technology
  • 5.3 Market Opportunities
    • 5.3.1 Rising Innovations in Encapsulation Technology
  • 5.4 Future Trends
    • 5.4.1 Increasing Demand for Natural Fragrances
  • 5.5 Impact Analysis

6. Encapsulated Fragrances - South & Central America Market Analysis

  • 6.1 South & Central America Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Mn)
  • 6.2 South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)

7. South & Central America Encapsulated Fragrances Market Analysis - By Product Type

  • 7.1 Overview
  • 7.2 South & Central America Encapsulated Fragrances Market, By Product Type (2022 and 2028)
  • 7.3 Fragrance Blends
    • 7.3.1 Overview
    • 7.3.2 Fragrance Blends: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
    • 7.3.3 Fragrance Blends: South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
  • 7.4 Aroma Chemicals
    • 7.4.1 Overview
    • 7.4.2 Aroma Chemicals: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
    • 7.4.3 Aroma Chemicals: South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)
  • 7.5 Others
    • 7.5.1 Overview
    • 7.5.2 Others: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
    • 7.5.3 Others: South & Central America Encapsulated Fragrances Market -Volume and Forecast to 2028 (Kilotons)

8. South & Central America Encapsulated Fragrances Market Analysis - By Application

  • 8.1 Overview
  • 8.2 South & Central America Encapsulated Fragrances Market, By Application (2022 and 2028)
  • 8.3 Perfumes and Fragrances
    • 8.3.1 Overview
    • 8.3.2 Perfumes and Fragrances: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
  • 8.4 Cleaning Products
    • 8.4.1 Overview
    • 8.4.2 Cleaning Products: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
  • 8.5 Cosmetics
    • 8.5.1 Overview
    • 8.5.2 Cosmetics: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
  • 8.6 Personal Hygiene Products
    • 8.6.1 Overview
    • 8.6.2 Personal Hygiene Products: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
  • 8.7 Food and Beverages
    • 8.7.1 Overview
    • 8.7.2 Food and Beverages: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)
  • 8.8 Others
    • 8.8.1 Overview
    • 8.8.2 Others: South & Central America Encapsulated Fragrances Market - Revenue and Forecast to 2028 (US$ Mn)

9. South & Central America Encapsulated Fragrances Market - Country Analysis

  • 9.1 Overview
    • 9.1.1 South & Central America Encapsulated Fragrances Market, by Key Country
    • 9.1.2 South & Central America Encapsulated Fragrances Market, by Key Country
      • 9.1.2.1 Brazil: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
      • 9.1.2.2 Brazil: Encapsulated Fragrances Market -Revenue and Forecast to 2028 (US$ Million)
        • 9.1.2.2.1 Brazil: Encapsulated Fragrances Market, by Product Type
        • 9.1.2.2.2 Brazil: Encapsulated Fragrances Market, by Application
      • 9.1.2.3 Argentina: Encapsulated Fragrances Market -Analysis and Forecast to 2028 (US$ Million)
        • 9.1.2.3.1 Argentina: Encapsulated Fragrances Market, by Product Type
        • 9.1.2.3.2 Argentina: Encapsulated Fragrances Market, by Application
      • 9.1.2.4 Rest of South & Central America: Encapsulated Fragrances Market -Analysis and Forecast to 2028 (US$ Million)
        • 9.1.2.4.1 Rest of South & Central America: Global Encapsulated Fragrances Market, by Product Type
        • 9.1.2.4.2 Rest of South & Central America: Global Encapsulated Fragrances Market, by Application

10. Industry Landscape

  • 10.1 Overview
  • 10.2 Expansion
  • 10.3 New Product Development
  • 10.4 Merger and Acquisition

11. Company Profiles

  • 11.1 Firmenich SA
    • 11.1.1 Key Facts
    • 11.1.2 Business Description
    • 11.1.3 Products and Services
    • 11.1.4 Financial Overview
    • 11.1.5 SWOT Analysis
    • 11.1.6 Key Developments
  • 11.2 Givaudan SA
    • 11.2.1 Key Facts
    • 11.2.2 Business Description
    • 11.2.3 Products and Services
    • 11.2.4 Financial Overview
    • 11.2.5 SWOT Analysis
    • 11.2.6 Key Developments
  • 11.3 Ingredion Inc
    • 11.3.1 Key Facts
    • 11.3.2 Business Description
    • 11.3.3 Products and Services
    • 11.3.4 Financial Overview
    • 11.3.5 SWOT Analysis
    • 11.3.6 Key Developments
  • 11.4 International Flavors & Fragrances Inc
    • 11.4.1 Key Facts
    • 11.4.2 Business Description
    • 11.4.3 Products and Services
    • 11.4.4 Financial Overview
    • 11.4.5 SWOT Analysis
    • 11.4.6 Key Developments
  • 11.5 Symrise AG
    • 11.5.1 Key Facts
    • 11.5.2 Business Description
    • 11.5.3 Products and Services
    • 11.5.4 Financial Overview
    • 11.5.5 SWOT Analysis
    • 11.5.6 Key Developments
  • 11.6 Glatt GmbH
    • 11.6.1 Key Facts
    • 11.6.2 Business Description
    • 11.6.3 Products and Services
    • 11.6.4 Financial Overview
    • 11.6.5 SWOT Analysis
    • 11.6.6 Key Developments
  • 11.7 Ashland Inc
    • 11.7.1 Key Facts
    • 11.7.2 Business Description
    • 11.7.3 Products and Services
    • 11.7.4 Financial Overview
    • 11.7.5 SWOT Analysis
    • 11.7.6 Key Developments

12. Appendix

  • 12.1 About The Insight Partners
  • 12.2 Glossary of Terms