Global Sweetener Industry Market Research Report

Global Sweetener Industry Market Research Report

1 Sweetener Introduction and Market Overview

• 1.1 Objectives of the Study
• 1.2 Definition of Sweetener
• 1.3 Sweetener Market Scope and Market Size Estimation
  • 1.3.1 Market Concentration Ratio and Market Maturity Analysis
  • 1.3.2 Global Sweetener Value ($) and Growth Rate from 2017-2027
• 1.4 Market Segmentation
  • 1.4.1 Types of Sweetener
  • 1.4.2 Applications of Sweetener
  • 1.4.3 Research Regions
    • 1.4.3.1 North America Sweetener Production Value ($) and Growth Rate (2017-2022)
    • 1.4.3.2 Europe Sweetener Production Value ($) and Growth Rate (2017-2022)
    • 1.4.3.3 China Sweetener Production Value ($) and Growth Rate (2017-2022)
    • 1.4.3.4 Japan Sweetener Production Value ($) and Growth Rate (2017-2022)
    • 1.4.3.5 Middle East & Africa Sweetener Production Value ($) and Growth Rate (2017-2022)
    • 1.4.3.6 India Sweetener Production Value ($) and Growth Rate (2017-2022)
    • 1.4.3.7 South America Sweetener Production Value ($) and Growth Rate (2017-2022)
• 1.5 Market Dynamics
  • 1.5.1 Drivers
    • 1.5.1.1 Emerging Countries of Sweetener
    • 1.5.1.2 Growing Market of Sweetener
  • 1.5.2 Limitations
  • 1.5.3 Opportunities
• 1.6 Industry News and Policies by Regions
  • 1.6.1 Industry News
  • 1.6.2 Industry Policies

2 Industry Chain Analysis

• 2.1 Upstream Raw Material Suppliers of Sweetener Analysis
• 2.2 Major Players of Sweetener
  • 2.2.1 Major Players Manufacturing Base and Market Share of Sweetener in 2021
  • 2.2.2 Major Players Product Types in 2021
• 2.3 Sweetener Manufacturing Cost Structure Analysis
  • 2.3.1 Production Process Analysis
  • 2.3.2 Manufacturing Cost Structure of Sweetener
  • 2.3.3 Raw Material Cost of Sweetener
  • 2.3.4 Labor Cost of Sweetener
• 2.4 Market Channel Analysis of Sweetener
• 2.5 Major Downstream Buyers of Sweetener Analysis

3 Global Sweetener Market, by Type

• 3.1 Global Sweetener Value ($) and Market Share by Type (2017-2022)
• 3.2 Global Sweetener Production and Market Share by Type (2017-2022)
• 3.3 Global Sweetener Value ($) and Growth Rate by Type (2017-2022)
• 3.4 Global Sweetener Price Analysis by Type (2017-2022)

4 Sweetener Market, by Application

• 4.1 Global Sweetener Consumption and Market Share by Application (2017-2022)
• 4.2 Downstream Buyers by Application
• 4.3 Global Sweetener Consumption and Growth Rate by Application (2017-2022)

5 Global Sweetener Production, Value ($) by Region (2017-2022)

• 5.1 Global Sweetener Value ($) and Market Share by Region (2017-2022)
• 5.2 Global Sweetener Production and Market Share by Region (2017-2022)
• 5.3 Global Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.4 North America Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.5 Europe Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.6 China Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.7 Japan Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.8 Middle East & Africa Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.9 India Sweetener Production, Value ($), Price and Gross Margin (2017-2022)
• 5.10 South America Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

6 Global Sweetener Production, Consumption, Export, Import by Regions (2017-2022)

• 6.1 Global Sweetener Consumption by Regions (2017-2022)
• 6.2 North America Sweetener Production, Consumption, Export, Import (2017-2022)
• 6.3 Europe Sweetener Production, Consumption, Export, Import (2017-2022)
• 6.4 China Sweetener Production, Consumption, Export, Import (2017-2022)
• 6.5 Japan Sweetener Production, Consumption, Export, Import (2017-2022)
• 6.6 Middle East & Africa Sweetener Production, Consumption, Export, Import (2017-2022)
• 6.7 India Sweetener Production, Consumption, Export, Import (2017-2022)
• 6.8 South America Sweetener Production, Consumption, Export, Import (2017-2022)

7 Global Sweetener Market Status and SWOT Analysis by Regions

• 7.1 North America Sweetener Market Status and SWOT Analysis
• 7.2 Europe Sweetener Market Status and SWOT Analysis
• 7.3 China Sweetener Market Status and SWOT Analysis
• 7.4 Japan Sweetener Market Status and SWOT Analysis
• 7.5 Middle East & Africa Sweetener Market Status and SWOT Analysis
• 7.6 India Sweetener Market Status and SWOT Analysis
• 7.7 South America Sweetener Market Status and SWOT Analysis

8 Competitive Landscape

• 8.1 Competitive Profile
• 8.2 Archer-Daniels-Midland Company
  • 8.2.1 Company Profiles
  • 8.2.2 Sweetener Product Introduction
  • 8.2.3 Archer-Daniels-Midland Company Production, Value ($), Price, Gross Margin 2017-2022
  • 8.2.4 Archer-Daniels-Midland Company Market Share of Sweetener Segmented by Region in 2021
• 8.3 Ingredion Inc.
  • 8.3.1 Company Profiles
  • 8.3.2 Sweetener Product Introduction
  • 8.3.3 Ingredion Inc. Production, Value ($), Price, Gross Margin 2017-2022
  • 8.3.4 Ingredion Inc. Market Share of Sweetener Segmented by Region in 2021
• 8.4 Ajinomoto Co. Inc.
  • 8.4.1 Company Profiles
  • 8.4.2 Sweetener Product Introduction
  • 8.4.3 Ajinomoto Co. Inc. Production, Value ($), Price, Gross Margin 2017-2022
  • 8.4.4 Ajinomoto Co. Inc. Market Share of Sweetener Segmented by Region in 2021
• 8.5 Pure Circle Ltd.
  • 8.5.1 Company Profiles
  • 8.5.2 Sweetener Product Introduction
  • 8.5.3 Pure Circle Ltd. Production, Value ($), Price, Gross Margin 2017-2022
  • 8.5.4 Pure Circle Ltd. Market Share of Sweetener Segmented by Region in 2021
• 8.6 Roquette Frères S.A.
  • 8.6.1 Company Profiles
  • 8.6.2 Sweetener Product Introduction
  • 8.6.3 Roquette Frères S.A. Production, Value ($), Price, Gross Margin 2017-2022
  • 8.6.4 Roquette Frères S.A. Market Share of Sweetener Segmented by Region in 2021
• 8.7 Japan Corn Starch Co., Ltd.
  • 8.7.1 Company Profiles
  • 8.7.2 Sweetener Product Introduction
  • 8.7.3 Japan Corn Starch Co., Ltd. Production, Value ($), Price, Gross Margin 2017-2022
  • 8.7.4 Japan Corn Starch Co., Ltd. Market Share of Sweetener Segmented by Region in 2021
• 8.8 Global Sweeteners Holdings Limited
  • 8.8.1 Company Profiles
  • 8.8.2 Sweetener Product Introduction
  • 8.8.3 Global Sweeteners Holdings Limited Production, Value ($), Price, Gross Margin 2017-2022
  • 8.8.4 Global Sweeteners Holdings Limited Market Share of Sweetener Segmented by Region in 2021
• 8.9 Tate & Lyle
  • 8.9.1 Company Profiles
  • 8.9.2 Sweetener Product Introduction
  • 8.9.3 Tate & Lyle Production, Value ($), Price, Gross Margin 2017-2022
  • 8.9.4 Tate & Lyle Market Share of Sweetener Segmented by Region in 2021
• 8.10 Showa Sangyo
  • 8.10.1 Company Profiles
  • 8.10.2 Sweetener Product Introduction
  • 8.10.3 Showa Sangyo Production, Value ($), Price, Gross Margin 2017-2022
  • 8.10.4 Showa Sangyo Market Share of Sweetener Segmented by Region in 2021
• 8.11 Tereos
  • 8.11.1 Company Profiles
  • 8.11.2 Sweetener Product Introduction
  • 8.11.3 Tereos Production, Value ($), Price, Gross Margin 2017-2022
  • 8.11.4 Tereos Market Share of Sweetener Segmented by Region in 2021
• 8.12 Splenda
  • 8.12.1 Company Profiles
  • 8.12.2 Sweetener Product Introduction
  • 8.12.3 Splenda Production, Value ($), Price, Gross Margin 2017-2022
  • 8.12.4 Splenda Market Share of Sweetener Segmented by Region in 2021
• 8.13 NutraSweet Company
  • 8.13.1 Company Profiles
  • 8.13.2 Sweetener Product Introduction
  • 8.13.3 NutraSweet Company Production, Value ($), Price, Gross Margin 2017-2022
  • 8.13.4 NutraSweet Company Market Share of Sweetener Segmented by Region in 2021
• 8.14 Cargill Inc.
  • 8.14.1 Company Profiles
  • 8.14.2 Sweetener Product Introduction
  • 8.14.3 Cargill Inc. Production, Value ($), Price, Gross Margin 2017-2022
  • 8.14.4 Cargill Inc. Market Share of Sweetener Segmented by Region in 2021
• 8.15 Apura Ingredients
  • 8.15.1 Company Profiles
  • 8.15.2 Sweetener Product Introduction
  • 8.15.3 Apura Ingredients Production, Value ($), Price, Gross Margin 2017-2022
  • 8.15.4 Apura Ingredients Market Share of Sweetener Segmented by Region in 2021

9 Global Sweetener Market Analysis and Forecast by Type and Application

• 9.1 Global Sweetener Market Value ($) & Volume Forecast, by Type (2022-2027)
  • 9.1.1 Natural Market Value ($) and Volume Forecast (2022-2027)
  • 9.1.2 Artificial Market Value ($) and Volume Forecast (2022-2027)
• 9.2 Global Sweetener Market Value ($) & Volume Forecast, by Application (2022-2027)
  • 9.2.1 Bakery and Confectionery Market Value ($) and Volume Forecast (2022-2027)
  • 9.2.2 Dairy and Frozen Desserts Market Value ($) and Volume Forecast (2022-2027)
  • 9.2.3 Beverages Market Value ($) and Volume Forecast (2022-2027)
  • 9.2.4 Others Market Value ($) and Volume Forecast (2022-2027)

10 Sweetener Market Analysis and Forecast by Region

• 10.1 North America Market Value ($) and Consumption Forecast (2022-2027)
• 10.2 Europe Market Value ($) and Consumption Forecast (2022-2027)
• 10.3 China Market Value ($) and Consumption Forecast (2022-2027)
• 10.4 Japan Market Value ($) and Consumption Forecast (2022-2027)
• 10.5 Middle East & Africa Market Value ($) and Consumption Forecast (2022-2027)
• 10.6 India Market Value ($) and Consumption Forecast (2022-2027)
• 10.7 South America Market Value ($) and Consumption Forecast (2022-2027)

11 New Project Feasibility Analysis

• 11.1 Industry Barriers and New Entrants SWOT Analysis
• 11.2 Analysis and Suggestions on New Project Investment

12 Research Finding and Conclusion

13 Appendix

• 13.1 Discussion Guide
• 13.2 Knowledge Store: Maia Subscription Portal
• 13.3 Research Data Source
• 13.4 Research Assumptions and Acronyms Used

List of Tables and Figures

Figure Product Picture of Sweetener

Table Product Specification of Sweetener

Figure Market Concentration Ratio and Market Maturity Analysis of Sweetener

Figure Global Sweetener Value ($) and Growth Rate from 2017-2027

Table Different Types of Sweetener

Figure Global Sweetener Value ($) Segment by Type from 2017-2022

Figure Natural Picture

Figure Artificial Picture

Table Different Applications of Sweetener

Figure Global Sweetener Value ($) Segment by Applications from 2017-2022

Figure Bakery and Confectionery Picture

Figure Dairy and Frozen Desserts Picture

Figure Beverages Picture

Figure Others Picture

Table Research Regions of Sweetener

Figure North America Sweetener Production Value ($) and Growth Rate (2017-2022)

Figure Europe Sweetener Production Value ($) and Growth Rate (2017-2022)

Table China Sweetener Production Value ($) and Growth Rate (2017-2022)

Table Japan Sweetener Production Value ($) and Growth Rate (2017-2022)

Table Middle East & Africa Sweetener Production Value ($) and Growth Rate (2017-2022)

Table India Sweetener Production Value ($) and Growth Rate (2017-2022)

Table South America Sweetener Production Value ($) and Growth Rate (2017-2022)

Table Emerging Countries of Sweetener

Table Growing Market of Sweetener

Figure Industry Chain Analysis of Sweetener

Table Upstream Raw Material Suppliers of Sweetener with Contact Information

Table Major Players Manufacturing Base and Market Share ($) of Sweetener in 2021

Table Major Players Sweetener Product Types in 2021

Figure Production Process of Sweetener

Figure Manufacturing Cost Structure of Sweetener

Figure Channel Status of Sweetener

Table Major Distributors of Sweetener with Contact Information

Table Major Downstream Buyers of Sweetener with Contact Information

Table Global Sweetener Value ($) by Type (2017-2022)

Table Global Sweetener Value ($) Share by Type (2017-2022)

Figure Global Sweetener Value ($) Share by Type (2017-2022)

Table Global Sweetener Production by Type (2017-2022)

Table Global Sweetener Production Share by Type (2017-2022)

Figure Global Sweetener Production Share by Type (2017-2022)

Figure Global Sweetener Value ($) and Growth Rate of Natural

Figure Global Sweetener Value ($) and Growth Rate of Artificial

Figure Global Sweetener Price by Type (2017-2022)

Table Global Sweetener Consumption by Application (2017-2022)

Table Global Sweetener Consumption Market Share by Application (2017-2022)

Figure Global Sweetener Consumption Market Share by Application (2017-2022)

Table Downstream Buyers Introduction by Application

Figure Global Sweetener Consumption and Growth Rate of Bakery and Confectionery (2017-2022)

Figure Global Sweetener Consumption and Growth Rate of Dairy and Frozen Desserts (2017-2022)

Figure Global Sweetener Consumption and Growth Rate of Beverages (2017-2022)

Figure Global Sweetener Consumption and Growth Rate of Others (2017-2022)

Table Global Sweetener Value ($) by Region (2017-2022)

Table Global Sweetener Value ($) Market Share by Region (2017-2022)

Figure Global Sweetener Value ($) Market Share by Region (2017-2022)

Table Global Sweetener Production by Region (2017-2022)

Table Global Sweetener Production Market Share by Region (2017-2022)

Figure Global Sweetener Production Market Share by Region (2017-2022)

Table Global Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table North America Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table Europe Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table China Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table Japan Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table Middle East & Africa Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table India Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table South America Sweetener Production, Value ($), Price and Gross Margin (2017-2022)

Table Global Sweetener Consumption by Regions (2017-2022)

Figure Global Sweetener Consumption Share by Regions (2017-2022)

Table North America Sweetener Production, Consumption, Export, Import (2017-2022)

Table Europe Sweetener Production, Consumption, Export, Import (2017-2022)

Table China Sweetener Production, Consumption, Export, Import (2017-2022)

Table Japan Sweetener Production, Consumption, Export, Import (2017-2022)

Table Middle East & Africa Sweetener Production, Consumption, Export, Import (2017-2022)

Table India Sweetener Production, Consumption, Export, Import (2017-2022)

Table South America Sweetener Production, Consumption, Export, Import (2017-2022)

Figure North America Sweetener Production and Growth Rate Analysis

Figure North America Sweetener Consumption and Growth Rate Analysis

Figure North America Sweetener SWOT Analysis

Figure Europe Sweetener Production and Growth Rate Analysis

Figure Europe Sweetener Consumption and Growth Rate Analysis

Figure Europe Sweetener SWOT Analysis

Figure China Sweetener Production and Growth Rate Analysis

Figure China Sweetener Consumption and Growth Rate Analysis

Figure China Sweetener SWOT Analysis

Figure Japan Sweetener Production and Growth Rate Analysis

Figure Japan Sweetener Consumption and Growth Rate Analysis

Figure Japan Sweetener SWOT Analysis

Figure Middle East & Africa Sweetener Production and Growth Rate Analysis

Figure Middle East & Africa Sweetener Consumption and Growth Rate Analysis

Figure Middle East & Africa Sweetener SWOT Analysis

Figure India Sweetener Production and Growth Rate Analysis

Figure India Sweetener Consumption and Growth Rate Analysis

Figure India Sweetener SWOT Analysis

Figure South America Sweetener Production and Growth Rate Analysis

Figure South America Sweetener Consumption and Growth Rate Analysis

Figure South America Sweetener SWOT Analysis

Figure Top 3 Market Share of Sweetener Companies

Figure Top 6 Market Share of Sweetener Companies

Table Mergers, Acquisitions and Expansion Analysis

Table Company Profiles

Table Product Introduction

Table Archer-Daniels-Midland Company Production, Value ($), Price, Gross Margin 2017-2022

Figure Archer-Daniels-Midland Company Production and Growth Rate

Figure Archer-Daniels-Midland Company Value ($) Market Share 2017-2022

Figure Archer-Daniels-Midland Company Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Ingredion Inc. Production, Value ($), Price, Gross Margin 2017-2022

Figure Ingredion Inc. Production and Growth Rate

Figure Ingredion Inc. Value ($) Market Share 2017-2022

Figure Ingredion Inc. Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Ajinomoto Co. Inc. Production, Value ($), Price, Gross Margin 2017-2022

Figure Ajinomoto Co. Inc. Production and Growth Rate

Figure Ajinomoto Co. Inc. Value ($) Market Share 2017-2022

Figure Ajinomoto Co. Inc. Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Pure Circle Ltd. Production, Value ($), Price, Gross Margin 2017-2022

Figure Pure Circle Ltd. Production and Growth Rate

Figure Pure Circle Ltd. Value ($) Market Share 2017-2022

Figure Pure Circle Ltd. Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Roquette Frères S.A. Production, Value ($), Price, Gross Margin 2017-2022

Figure Roquette Frères S.A. Production and Growth Rate

Figure Roquette Frères S.A. Value ($) Market Share 2017-2022

Figure Roquette Frères S.A. Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Japan Corn Starch Co., Ltd. Production, Value ($), Price, Gross Margin 2017-2022

Figure Japan Corn Starch Co., Ltd. Production and Growth Rate

Figure Japan Corn Starch Co., Ltd. Value ($) Market Share 2017-2022

Figure Japan Corn Starch Co., Ltd. Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Global Sweeteners Holdings Limited Production, Value ($), Price, Gross Margin 2017-2022

Figure Global Sweeteners Holdings Limited Production and Growth Rate

Figure Global Sweeteners Holdings Limited Value ($) Market Share 2017-2022

Figure Global Sweeteners Holdings Limited Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Tate & Lyle Production, Value ($), Price, Gross Margin 2017-2022

Figure Tate & Lyle Production and Growth Rate

Figure Tate & Lyle Value ($) Market Share 2017-2022

Figure Tate & Lyle Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Showa Sangyo Production, Value ($), Price, Gross Margin 2017-2022

Figure Showa Sangyo Production and Growth Rate

Figure Showa Sangyo Value ($) Market Share 2017-2022

Figure Showa Sangyo Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Tereos Production, Value ($), Price, Gross Margin 2017-2022

Figure Tereos Production and Growth Rate

Figure Tereos Value ($) Market Share 2017-2022

Figure Tereos Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Splenda Production, Value ($), Price, Gross Margin 2017-2022

Figure Splenda Production and Growth Rate

Figure Splenda Value ($) Market Share 2017-2022

Figure Splenda Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table NutraSweet Company Production, Value ($), Price, Gross Margin 2017-2022

Figure NutraSweet Company Production and Growth Rate

Figure NutraSweet Company Value ($) Market Share 2017-2022

Figure NutraSweet Company Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Cargill Inc. Production, Value ($), Price, Gross Margin 2017-2022

Figure Cargill Inc. Production and Growth Rate

Figure Cargill Inc. Value ($) Market Share 2017-2022

Figure Cargill Inc. Market Share of Sweetener Segmented by Region in 2021

Table Company Profiles

Table Product Introduction

Table Apura Ingredients Production, Value ($), Price, Gross Margin 2017-2022

Figure Apura Ingredients Production and Growth Rate

Figure Apura Ingredients Value ($) Market Share 2017-2022

Figure Apura Ingredients Market Share of Sweetener Segmented by Region in 2021

Table Global Sweetener Market Value ($) Forecast, by Type

Table Global Sweetener Market Volume Forecast, by Type

Figure Global Sweetener Market Value ($) and Growth Rate Forecast of Natural (2022-2027)

Figure Global Sweetener Market Volume and Growth Rate Forecast of Natural (2022-2027)

Figure Global Sweetener Market Value ($) and Growth Rate Forecast of Artificial (2022-2027)

Figure Global Sweetener Market Volume and Growth Rate Forecast of Artificial (2022-2027)

Table Global Market Value ($) Forecast by Application (2022-2027)

Table Global Market Volume Forecast by Application (2022-2027)

Figure Global Sweetener Consumption and Growth Rate of Bakery and Confectionery (2017-2022)

Figure Global Sweetener Consumption and Growth Rate of Dairy and Frozen Desserts (2017-2022)

Figure Global Sweetener Consumption and Growth Rate of Beverages (2017-2022)

Figure Global Sweetener Consumption and Growth Rate of Others (2017-2022)

Figure Market Value ($) and Growth Rate Forecast of Others (2022-2027)

Figure Market Volume and Growth Rate Forecast of Others (2022-2027)

Figure North America Market Value ($) and Growth Rate Forecast (2022-2027)

Table North America Consumption and Growth Rate Forecast (2022-2027)

Figure Europe Market Value ($) and Growth Rate Forecast (2022-2027)

Table Europe Consumption and Growth Rate Forecast (2022-2027)

Figure China Market Value ($) and Growth Rate Forecast (2022-2027)

Table China Consumption and Growth Rate Forecast (2022-2027)

Figure Japan Market Value ($) and Growth Rate Forecast (2022-2027)

Table Japan Consumption and Growth Rate Forecast (2022-2027)

Figure Middle East & Africa Market Value ($) and Growth Rate Forecast (2022-2027)

Table Middle East & Africa Consumption and Growth Rate Forecast (2022-2027)

Figure India Market Value ($) and Growth Rate Forecast (2022-2027)

Table India Consumption and Growth Rate Forecast (2022-2027)

Figure South America Market Value ($) and Growth Rate Forecast (2022-2027)

Table South America Consumption and Growth Rate Forecast (2022-2027)

Figure Industry Resource/Technology/Labor Importance Analysis

Table New Entrants SWOT Analysis

Table New Project Analysis of Investment Recovery