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Ice Cream Market Report Overview
The global ice cream market attained a value of USD 86.82 Billion in 2025 and is projected to expand at a CAGR of 4.30% through 2035. The market is further expected to achieve USD 132.27 Billion by 2035. Increased consumer interest in indulgent functional products such as protein-packed, low-sugar, and plant-based ice creams is driving manufacturers to expand their product range and target high-profit consumer demographics.
Key Market Trends and Insights
- Premiumization and artisanal positioning are surging, with brands using ingredient storytelling, small-batch craftsmanship, and limited-edition collaborations to justify higher pricing.
- Plant-based, low-sugar, and high-protein functional ice creams are expanding rapidly, driven by health-conscious consumers and GLP-1 medication-friendly dessert demand.
- Bold global and exotic flavors, novel formats like multi-layered bars, and brand collaborations are fueling experimentation and impulse purchase decisions.
Market Size & Forecast
- Market Size in 2025: USD 86.82 Billion
- Projected Market Size in 2035: USD 132.27 Billion
- CAGR from 2026 to 2035: 4.30%
- Fastest-Growing Regional Market: Asia Pacific
There are currently two significant growth driving factors that are benefiting the ice cream market. Fast-growing quick commerce and on-demand grocery delivery services are contributing to better product reach, especially for premium ice cream products that require cold chain logistics. Secondly, market leaders are engaging consumers through region-specific and collaboration flavors with brands in the confectionery, beverages, and entertainment segments.
The ice cream market is experiencing significant changes as companies are moving from volume growth to innovation-driven portfolio expansion. For example, in June 2026, Ice Cream Works Gold launched Hazelnut Crunch, Oreo Caramel Choco Chip, and Ferrero Rocher premium ice cream flavors. Such developments help companies to increase innovation within that category, improve efficiency, and enhance investments in premium frozen products.
Premiumization of products, health-related formulations, and usage of new ingredients are currently trending in the ice cream market. High-protein, reduced sugar, lactose-free, and plant-based varieties are among the types of ice cream that major companies in the industry are producing. This trend is aimed at capturing the changing tastes of consumers without losing their indulgent flavors. They are also using artificial intelligence to predict flavor trends and optimize their launches and retail placements. For example, in April 2026, Kwality Wall's launched a milk-focused in-home ice cream range with tubs, party packs, and diverse flavors.
Compound Annual Growth Rate
4.3%
Value in USD Billion
2026-2035
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Key Trends and Recent Developments
The collaboration between Peters Ice and MILO resulted in Drumstick Minis MILO, where the traditional cone comes with creamy MILO flavor, choc topping, and choc flakes, sold across Australia in multi-packs through key Australian retail stores. Such trends encourage other new entrants in the ice cream market to use the flavor loyalty of the already well-established brand, providing a risk-free approach for a collaborative product launch.
ICEE introduced the Banana Blast flavor as part of the promotion for the movie "Minions & Monsters" released by Illumination, featuring the promotion of the frozen treat with the help of a movie campaign in movie chains across Australia. Movie-inspired product launches demonstrate how ice cream brands can leverage seasonal traffic flow, which is also possible for regional players.
CavinKare made an entry in the ice cream segment of Chennai, India, with a premium range consisting of 72 SKUs comprising 24 different flavors featuring fruits, chocolates, nuts, and even Indian sweets, providing an experience of ice-cream parlor at home. The infusion-based flavor innovation is characterized by an opportunity for FMCG companies to create differentiation for themselves in the premium dairy category by innovating global indulgence trends according to local tastes.
Huber & Holly introduced the "Cones & Candies" range that features their existing flavors of their premium scoop stores in convenient ready-to-eat format that will be sold using Blinkit, Zepto, Instamart, Flipkart and Amazon. Such developments in the ice cream market encourage companies to generate additional revenue by making flavors available at any time through convenient retail channels.
Premiumization Through Gourmet and Artisan Product Launches
Premiumization continues to be one of the most prominent trends influencing the global ice cream market as manufacturers pay attention to high-profit products. Manufacturers continue introducing gourmet ice creams with single origin chocolate, exotic fruit and dairy components, as well as chef specialties. Companies like Froneri are expanding their premium line Nuii with new globally inspired flavors that cater to consumers craving for luxury. Similarly, Häagen-Dazs continues to invest in the development of limited-edition products and premium outlets. On the other hand, in September 2024, SMOOR partnered with Hangyo Ice Creams to launch gourmet ice cream flavors across SMOOR's chocolate outlets.
Plant-Based and Alternative Dairy Products
The widening of the assortment of plant-based ice creams is becoming an important ice cream market trend as manufacturers try to satisfy the needs of lactose intolerant, vegan, and eco-minded customers. Ice cream companies like Unilever, Danone, and Oatly are launching plant-based ice creams using oat, almond, coconut, and pea protein bases and optimizing their textures and flavors. For example, in April 2025, Oppo Brothers launched "Oppo Refreshed," low-calorie vegan ice cream sticks blending creamy ice cream with fruit sorbet. Environmental sustainability programs backed up by governments in Europe and North America influence the development of alternative dairy products.
Functional and Better-for-You Ice Cream Development
Ice cream market players are developing various innovative ice creams that provide nutrition to the consumer without letting them compromise on indulgence. The ice creams developed using high protein, low sugar content, probiotics, and fortification with vitamins are gaining popularity in retail outlets. Some of the popular ice cream brands, including Halo Top and Nick's, are expanding across global borders as they are promoting the product as an indulgence for fitness-minded people. Moreover, in June 2026, Snooz launched functional sleep-support ice cream with chamomile, magnesium, and L-theanine for better evening rest. Some of the government organizations in support of reducing sugar initiatives from Europe and Asia-Pacific regions are advising manufacturers to develop reduced sugar products.
Development of Quick Commerce and Cold Chain Network
The quick commerce platforms are revolutionizing the delivery of ice creams by delivering them to customers' doorsteps quickly. Companies are collaborating with instant delivery service providers so that their frozen food products reach the consumers with the same quality and in minimum time. The governments in countries like India and China are constantly working to upgrade their cold chain network through logistics developments programs for temperature sensitive food products, thereby boosting demand in the ice cream market. For example, in June 2026, Heritage Foods opened a new ice cream manufacturing plant at its Shamirpet mega dairy in Telangana, India.
Regional Flavor Innovation and Strategic Brand Collaborations
Producers are introducing unique flavors based on local dishes, fruit, drinks, and tastes to attract consumers more effectively, accelerating the ice cream market expansion. Internationally well-known ice cream brands are producing flavors that are specifically designed for the Asian and Middle Eastern markets due to the increase in popularity of localization. Collaboration with candy makers, movies, and beverage producers are creating high consumer interest and social media visibility. For example, in April 2026, Noice launched a 15-flavor artisanal ice cream, gelato, and kulfi range distributed via Instamart.
Ice Cream Industry Segmentation
The Expert Market Research’s report titled “Global Ice Cream Market Report and Forecast 2026-2035” offers a detailed analysis of the market based on the following segments:
Market Breakup by Flavour
- Chocolate
- Fruit
- Vanilla
- Others
Key Insight: As per the ice cream market report, taste profiles are influenced by consumer diversity and effective portfolio positioning strategies. The position of vanilla remains dominant owing to its versatility in different product types, dietary versions, and prices. Chocolate retains its popularity among consumers who seek a premium experience, thus becoming a vital source of income. Fruit flavors are becoming increasingly popular because they combine a healthy image with unique and refreshing taste profiles. At the same time, other flavors such as coffee, caramel, nuts, and dessert varieties help in developing differentiation and seasonality of products.
Market Breakup by Category
- Impulse Ice Cream
- Take-Home Ice Cream
- Artisanal Ice Cream
Key Insight: Category dynamics in the ice cream market are shaped by the consumption occasion and purchase preference. Take-home ice cream prevails due to its ease, cost-effectiveness, and product diversification for home consumption. Impulse ice cream takes advantage of its convenient buying experience and prominent visibility in a retail environment conducive to impulsive buying, resulting in steady demand for the category. Artisanal ice cream is experiencing rapid growth as customers look for differentiation in terms of flavors and ingredient quality. These categories help companies respond to both high-frequency consumption needs and premium niche products.
Market Breakup by Product Type
- Cup
- Stick
- Cone
- Brick
- Tub
- Others
Key Insight: There is variability in preferences regarding product types depending on consumption patterns and consumption situations. Tubs are dominant due to their effective provision of household consumption and premium multi-servings. Sticks are expanding their share due to convenience, portability, and premiumization, accelerating the ice cream market value. In March 2026, Magnum launched Volcanix, a multi-layered ice cream stick with caramel core and chocolate-coated pieces. Consumers prefer cones for traditional ice cream enjoyment, whereas cups provide control in consumption amounts. Bricks are also providing value propositions for household consumers and institutional customers. Others provide opportunities for innovations using sandwiches, bites, and frozen specialties.
Market Breakup by End-Use
- Food Service
- Retailers
Key Insight: The demand for end uses results from changing consumer demands in the retail and hospitality segments. The dominance of the retailers across the ice cream market scope is maintained through wide distribution channels, visibility of their products, and convenient purchasing processes. The food services are making use of ice creams to make their menus unique and offer an excellent experience of desserts, leading to fast growth. Manufacturers are adapting the products to cater to the special needs of the two markets in terms of shelf life and flavor.
Market Breakup by Sales Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Ice Cream Parlours
- Hotels and Restaurants
- Online
- Others
Key Insight: The performance of sales channels is affected by factors like accessibility, convenience, and consumer purchase patterns. Supermarkets and hypermarkets continue to contribute to the overall ice cream market value because of the wide variety and high visibility of products offered. Convenience stores facilitate impulse buying and immediate consumption. Ice cream parlors continue attracting consumers looking for high-end and experiential products, while hotels and restaurants generate demand by innovating their desserts. Online channels are becoming more prominent because of developments in cold chain and e-commerce technologies.
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Key Insight: Growth trends in the ice cream market in different regions depend on consumer maturity and market development. North America is ahead owing to premiumization, innovation, and good retail penetration. Europe owes its advantage to premium brands, sustainability programs, and preference for quality ingredients. The Asia Pacific region is becoming an important area for growth due to rapid urbanization, increase in income levels, and changing consumption patterns. Latin America is fostering growth due to growing product availability and innovations according to taste preferences. The Middle East and Africa regions are gaining traction owing to improved retailing and increased demand for premium frozen desserts.
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Global Ice Cream Market Share
By flavor, vanilla registers the largest share of the market due to broad consumer acceptance globally
The vanilla flavor segment continues to lead the ice cream market growth because it appeals universally across all demographics and geography. Flavor suppliers prefer vanilla because it offers the possibility of being used as a platform for developing premium inclusions, toppings, and hybrid flavors. Vanilla has applications in a wide range of offerings including those in retail, food service, and private label lines that can leverage the scalability benefits. The popularity of vanilla is driven by its compatibility with clean labels, reduced sugar, and plant-based formulas. In June 2026, Melissa & Doug and Van Leeuwen launched co-branded wooden ice cream play sets plus a real limited-edition flavor.
Fruit-flavored ice cream represents one of the most dynamic segments of the ice cream market. It is expected to see significant growth over the forecast period as consumers look for refreshing and natural dessert experiences. Products with flavors such as mango, berry, passionfruit, yuzu, dragon fruit, and tropical mixes are being launched by companies in order to add variety to their portfolio. These flavors are becoming popular due to the increased interest in products that are light and have an ingredient focus. Fruit flavors can also be leveraged in dairy-free and plant-based formulations to target multiple consumer segments. In June 2026, Asda launched a Wimbledon-inspired Cornish clotted cream and strawberry ice cream in its premium Exceptional range.
By category, take-home ice creams lead demand in the market through household consumption convenience
Homemade ice creams dominate the category segment owing to their high visibility in supermarkets, hypermarkets, and e-grocery channels. Families are becoming increasingly inclined towards large pack sizes which promise both value for money and convenience while consuming at home. Companies are launching premium pack sizes, family packs, and multi-flavors assortment, accelerating the overall ice cream market penetration. Innovation in terms of premium ingredients, low sugar content, and plant-based ice creams aids category expansion while helping companies build consumer loyalty.
Artisanal ice cream represents the fastest growing category as consumers are now seeking unique flavors, premium ingredients, and local inspirations in ice creams. Producers are paying special emphasis on producing ice creams through the method of small batch production using natural ingredients and customizing flavors. The category is gaining momentum due to growing interest in consumption as well as purchases of premium food items. The artisanal ice cream market segment tends to focus on ingredient transparency, local sourcing, and craftsmanship thus justifying the premium price point. In May 2026, Vantara launched "Vantara Creamery," a premium ice cream brand offering 17 nostalgic, India-inspired flavors made with A2 Gir cow milk.
The tub segment leads sales through family-sized consumption preferences
Tub ice creams represent the largest share in the ice cream market because of their suitable packaging for family usage and premium product positioning. Tub is currently used by manufacturers to launch multi-servings with premium inclusions and layers with innovative flavors. Tub ice creams have the advantage of being used in value-based and premium categories that help brands cater to varied consumer segments. High retail presence and suitability in take-home consumption trends also help in the demand for these products. Companies also prefer tubs in the development of functional products like plant-based products because of their customizability. In May 2025, Huber & Holly launched 14 new café-style ice cream flavors in 500ml tubs via Q-commerce delivery.
Sticks ice creams represent the fastest-growing segment as consumers are looking for convenient indulgences. Premium companies are coming up with sticks with chocolate coating, layers of texture and inclusion, and gourmet ingredients to add premium value. Sticks have the advantage of being used in impulsive purchases as well as premiumization of products. Lower calorie and high protein sticks are also launched by ice cream market players in response to health trends. Continued strong demand from the segments of convenience stores, quick commerce, and food service channels supports the growth of sticks.
Retailers account for a substantial portion of the market revenue through extensive product accessibility
The dominant end-use segment is that of the retailers as they offer wide accessibility to many brands in diverse formats and at different price levels. Supermarkets, hypermarkets, convenience stores, and internet shopping portals facilitate reaching a large number of consumers by manufacturers as well as support mass sales. The retailing channels increasingly allocate freezer space to premium, plant-based, and functional products, thus assisting in product line diversification in the ice cream market. Good merchandizing skills, promotions, and the introduction of quick-commerce platforms are other reasons for the growing importance of retailers.
Food service is becoming the fastest-growing end-use segment as many restaurants, coffee shops, bakeries, and fast-food chains start introducing premium frozen desserts in their menus. Food service operators use ice cream in order to create personalized desserts, drinks, and seasonally-themed meals. Ice cream producers develop special products formulated for professional use and menu flexibility. Experiential dining and consumption of premium desserts are becoming popular trends in the food service industry. In July 2025, Carvel, the original soft-serve creator, opened its first India store in New Delhi's Connaught Place.
Supermarkets and hypermarkets lead sales through extensive product visibility
Supermarkets and hypermarkets hold the leading place in the ice cream market because they provide consumers with an opportunity to purchase products in a wide range at competitive prices. Buyers tend to buy goods in large quantities, as well as choose family and premium ice creams. Manufacturers get an advantage through high-capacity freezers, good merchandising, and promotional activities. Retailers are gradually developing premium and health-oriented ice desserts segments according to consumer needs. The widespread geographical location and trust among buyers make supermarkets and hypermarkets the most powerful sales channel worldwide. In June 2025, Gallivant Mawa Ice Cream, a premium Indian-inspired frozen dessert, launched in 98 Walmart stores across Houston, San Antonio, and South Texas, United States.
The online sales channel is experiencing the highest rates of development in the ice cream market owing to the improvement of logistics and delivery of frozen foods by digital grocery retailers and quick-commerce companies. Customers are increasingly preferring the option of ordering premium and specialty ice cream products from mobile apps. Manufacturers are working together with e-commerce platforms in order to introduce unique and special offers to customers. Cold chain logistics and inventory control improve customer satisfaction and solve delivery problems. The channel provides valuable consumer information for brands to develop their product portfolio and marketing strategy. In June 2026, Protein Pints launched Protein Pops, quinoa-coated, low-sugar ice cream bars with 10 grams of complete protein.
Global Ice Cream Market Regional Analysis
North America secures the leading market position through premium product innovation
North America can be considered the leading regional ice cream market owing to high consumer expenditure power, presence of advanced cold chain, and high demand for premium frozen dessert products. North America is also the leading center for innovations with frequent launch of functional, plant-based, and indulgent ice cream variants by companies. The presence of well-established retail channels and foodservice demand contributes to the region’s leadership position as well. Premium ingredients, clean label product options, and exotic flavors continue to gain preference among consumers which motivate companies to conduct research and expand their portfolios of premium products. In May 2026, Wells Enterprises launched Nutella-flavored ice cream nationwide in cones and 14-ounce containers.
Asia Pacific is the fastest growing regional ice cream market because of increasing disposable income levels, urbanization trends, and expansion of retail infrastructure which contributes to higher consumption of frozen desserts. Localized flavors and launch of premium products catering to specific regional preferences are some of the approaches followed by companies in the market. Middle class population growth and greater availability of international brands are prompting consumers to experiment with ice cream products. For example, in August 2025, Japan's Kinish launched The Rice Creamery, dairy-free rice-based vegan ice cream, planning a United States expansion.
Competitive Landscape
The global industry is experiencing increased competition due to the emphasis on premiumization, innovative ingredients, sustainable sourcing, and better distribution methods by ice cream market players. The most prominent companies are developing high protein, low sugar content, and plant-based varieties in an effort to appeal to health-oriented customers while still offering indulgent flavors. Artificial intelligence and data-driven customer analytics are used by organizations to determine upcoming flavor preferences and shorten their product development processes.
Some of the strategic areas being explored by ice cream companies include quick-commerce collaborations, regionally tailored flavors, and premium stick varieties with increased margins. Other initiatives by producers include the adoption of recyclable packaging, optimized dairy supply chains, and localized manufacturing facilities for improved efficiency. Companies are increasingly pursuing limited-edition collaborations with confectionery brands, entertainment properties, and food service providers.
Unilever plc
Founded in 1930 with its head office located in London, United Kingdom, Unilever is among the biggest ice cream producers in the world with brands like Magnum, Wall's, Cornetto, and Ben & Jerry's. The company is involved in premiumization strategies, innovation on plant-based products, and sustainable sourcing programs. The company majorly focuses on speeding up innovations for categories, increasing operational efficiency, and responding better to the market in developed and developing nations.
General Mills, Inc.
Founded in 1928 and with its headquarters located in Minneapolis, Minnesota, United States, General Mills supports the growth of the ice cream market through the Häagen-Dazs brand in selective international markets. Premium ingredients, indulgent innovation in flavors, and strategic retail partnerships are the key focus areas of this firm.
Ashby's Ice Cream
Founded in 1984 and based out of Michigan, United States, Ashby's Ice Cream is a company that manufactures premium ice cream through hand-crafted processes which are sold through independent retailers and food service locations. Some of the key differentiation factors that Ashby's uses include the development of new flavors, small batch experience and customization. The focus of the company on special ingredient combinations and artisanal approach can help in catering to the increasing demands of premium and locally inspired frozen desserts.
Tillamook County Creamery Association
Founded in 1909 and based out of Tillamook, Oregon, United States, Tillamook County Creamery Association relies on its dairy expertise and history to manufacture premium ice cream products that have high-quality ingredients and rich texture. The focus of the company includes clean label formulation, responsible dairy sourcing, and innovation of flavors.
Other key players in the market include Amul, Turkey Hill, HP Hood, Wells Enterprises, Dairy Farmers of America, Nestlé, Lotte Confectionary, Kroger, Meiji Holdings, and Danone, among others.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Key Highlights of the Global Ice Cream Market Report
- Insights into innovative developments including high-protein frozen desserts and dairy-free premium formulations.
- Analysis of emerging opportunities in quick-commerce distribution and advanced cold-chain ecosystems.
- Competitive benchmarking of multinational brands, regional specialists, and artisanal manufacturers.
- Regional evaluation highlighting evolving flavor preferences and premium consumption patterns.
- Coverage of sustainable packaging initiatives and responsible ingredient sourcing strategies.
Why Rely on Expert Market Research?
- Dedicated food and beverage analysts tracking frozen dessert innovation globally.
- Comprehensive assessment of premiumization, functional ingredients, and alternative dairy trends.
- Proprietary research framework combining industry expertise with extensive market intelligence.
- Strategic insights into distribution transformation driven by quick-commerce and digital retail.
- Detailed competitive analysis focusing on innovation pipelines, expansion strategies, and brand positioning.
- Action-oriented recommendations helping stakeholders identify emerging opportunities and strengthen market competitiveness.
Call to Action
Unlock the latest insights with our ice cream market trends 2026 report. Discover regional growth patterns, consumer preferences, and key industry players. Stay ahead of competition with trusted data and expert analysis. Download your free sample report today and drive informed decisions in the market.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
Key Questions Answered in the Report
In 2025, the market reached an approximate value of USD 86.82 Billion.
The market is projected to grow at a CAGR of 4.30% between 2026 and 2035.
The market is estimated to witness healthy growth during 2026-2035 to reach around USD 132.27 Billion by 2035.
Commercially-produced vegan ice creams are produced from plant-based ingredients, such as soy, almond, coconut, or rice milk.
Key strategies driving the market include continuous flavour innovation, expanding into health-conscious and plant-based options, forming strategic brand collaborations, enhancing cold-chain logistics for wider distribution, leveraging digital marketing and influencer partnerships, and focusing on sustainable packaging and ethical sourcing to meet evolving consumer preferences and boost market growth.
The key trends propelling the market growth include rising demand for healthier ice creams, the wide availability of ice creams, and the expansion of the food service sector are driving the market growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on sales channels, the market can be segmented into supermarkets and hypermarkets, convenience stores, ice cream parlours, hotels and restaurants, and online, among others.
The key players in the market report include Unilever plc, General Mills, Inc., Ashby's Ice Cream, Tillamook County Creamery Association, Gujarat Cooperative Milk Marketing Federation Limited (Amul), Turkey Hill Dairy, HP Hood, LLC, Wells Enterprises, Inc., Dairy Farmers of America, Inc., Nestlé S.A., Lotte Confectionary Co, Ltd, The Kroger Company, Meiji Holdings Co, Ltd, and Danone S.A., among others.
Chocolate remains the most dominant segment in the market, driven by its universal appeal and versatility.
Report Summary
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Flavour |
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| Breakup by Category |
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| Breakup by Product Type |
|
| Breakup by End-Use |
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| Breakup by Sales Channel |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
|
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