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Sugar Dissolving Machines Market: Global Demand & Analysis

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Sugar-dissolving machines are specialized machines that dissolve powdered sugar in liquid solutions. These machines are widely used in the food and beverage processing industries, particularly for dissolving large amounts of sugar quickly and efficiently. The machines are typically made up of a vessel or tank with mixers or mixing blades that shake the sugar and liquid mixture, causing it to dissolve quickly.

Publication Date: 01/11/2025
Pages: 400
Region / Coverage: Global
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Sugar Dissolving Machines Market Synopsis

Sugar Dissolving Market Size Was Valued at USD 2.01 Billion in 2024 and is Projected to Reach USD 3.14 Billion by 2032, Growing at a CAGR of 5.72% From 2025-2032.

Sugar-dissolving machines are specialized machines that dissolve powdered sugar in liquid solutions. These machines are widely used in the food and beverage processing industries, particularly for dissolving large amounts of sugar quickly and efficiently. The machines are typically made up of a vessel or tank with mixers or mixing blades that shake the sugar and liquid mixture, causing it to dissolve quickly.

Sugar dissolving machines’ primary function is to streamline the process, reducing manual labor and ensuring consistent results. These machines can handle large volumes of sugar, allowing for continuous production in industrial settings. They are commonly used in the manufacture of a variety of food and beverage products, including syrups, sauces, jams, candies, and soft drinks, where precise control over sugar concentration is critical to product quality and consistency.

Furthermore, demand for processed foods and beverages is increasing, particularly in developing countries with growing populations and disposable incomes. Advancements in food processing technologies and production process automation result in food manufacturers adopting sugar dissolving machines to improve efficiency and product quality.

Continued innovation in sugar dissolving machine design and functionality, such as the integration of advanced automation features and improved mixing capabilities, are expected to drive market growth. Overall, the sugar dissolving machines market is expected to grow steadily in the coming years due to rising global demand for processed foods and beverages, as well as the need for efficient manufacturing processes.

Sugar Dissolving Machines Market Trend Analysis

Rising Demand for Processed Food and Beverages

The rising demand for processed foods and beverages drives the sugar dissolving machines market. With global urbanization and changing lifestyles, there is a growing demand for convenient and ready-to-eat food products. This trend drives up demand for processed foods and beverages such as carbonated drinks, fruit juices, dairy drinks, confectionery, and other applications that require precise sugar dissolution for product consistency and quality.

Additionally, food producers are looking for effective ways to optimize their production procedures as consumer tastes change and the demand for convenience food increases. Producers can meet the rising demand for processed foods and beverages while preserving product consistency and quality thanks to sugar dissolving machines, which provide a dependable and automated solution for perfect sugar dissolution.

The demand for convenience food products and changing consumption patterns will drive a continued need for accurate and effective sugar dissolving solutions. Sugar dissolving machines are essential to fulfilling this demand because they give food producers dependable machinery to optimize production procedures and guarantee constant product quality, which propels the steady market growth.

Growing Focus on Automation and Efficiency

The market for sugar dissolving machines is expanding due to an increased emphasis on automation and efficiency in food and beverage production. As labor costs continue to rise and production demands rise, manufacturers are increasingly looking for highly automated solutions to streamline processes. Sugar dissolving machines play an important role in this scenario because they provide efficient and precise sugar dissolution capabilities that meet the demands of modern manufacturing environments.

This trend is especially noticeable in industries such as carbonated drinks, fruit juices, dairy drinks, and confectionery, where consistent product quality and high throughput are critical to competitiveness. Integrated robotics, AI-powered process optimization, and advanced data analytics are some of the key features driving sugar dissolving machine innovation.

These advancements enable manufacturers to achieve previously unprecedented levels of efficiency and output, allowing them to compete in an increasingly demanding market landscape. As demand for highly automated, high-throughput sugar dissolving machines grows, the market is expected to expand steadily, driven by the need for increased efficiency and productivity in food and beverage production processes.

Sugar Dissolving Machines Market Segment Analysis:

Sugar Dissolving Machines Market Segmented Based on Type, Capacity, Application, End-User and Region

By Type, Continuous Dissolution segment is expected to dominate the market during the forecast period

Continuous dissolution sugar dissolving machines are rapidly growing in popularity due to their ability to handle large production volumes efficiently. Food manufacturers seek to improve production efficiency and scalability, and continuous dissolution machines offer a dependable solution for achieving high throughput rates while maintaining consistent product quality.

Additionally, these machines provide a consistent and uninterrupted flow of sugar solutions, which is critical in meeting the growing demand for processed foods and beverages. Continuous dissolution machines provide benefits such as decreased downtime, improved process control, and improved product consistency, making them essential equipment in modern food processing facilities.

Manufacturers are depending more and more on continuous dissolving machines to meet the demand for processed foods and beverages as the food and beverage industry grows and changes. Continuous dissolution machines are well-positioned to play a significant role in determining the future of the sugar dissolving machine market, providing dependable and effective solutions for food manufacturers worldwide.

By End-User, the Food and Beverage segment is expected to dominate the market during the forecast period

The global food and beverage industry is continuing to grow, driven by changing consumer preferences, urbanization, and rising disposable incomes. As consumers demand a wide variety of convenient food and beverage options, manufacturers are under pressure to improve production efficiency and output. Sugar dissolving machines play an important role in this scenario, allowing for the efficient dissolution of sugar in a wide range of food and beverage products, from beverages to candy.

With the world’s population growing and urbanization trends accelerating, demand for processed foods and beverages continues to rise. As a result, manufacturers in the food and beverage industry are increasingly investing in advanced manufacturing technologies to meet rising demand while maintaining consistent product quality. Sugar dissolving machines are a solution for streamlining sugar dissolution processes, allowing manufacturers to increase production efficiency.

Considering all Factors, the continued growth of the Food and Beverage industry, combined with rising demand for processed food and beverages, presents favorable opportunities for the sugar dissolving machines market. With technological advancements and changing market dynamics, sugar dissolving machines are expected to remain an integral part of food and beverage companies’ operations, driving steady market growth.

Sugar Dissolving Machines Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast Period

The market for sugar dissolving machines is expected to grow at the fastest rate in the Asia Pacific area, with China and India positioned at the forefront. The region’s sizable and growing population, which raises the demand for processed foods and beverages, is one of the main drivers of this growth. The preference for convenience foods is growing due to rising urbanization and changing lifestyles, which is driving food manufacturers to invest in modern equipment like sugar dissolving machines to meet consumer demand.

Further driving the demand for sugar dissolving machines is the Asia Pacific region’s growing consumer wealth, which also leads to higher spending on processed food items. Market expansion is additionally supported by government programs that support the food processing sector and raise food safety regulations.

With favorable market conditions and supportive regulatory frameworks, China and India, in particular, are expected to continue their rapid growth in the sugar dissolving machine market. With a large and growing population, increasing disposable incomes, and expanding food and beverage production, the region presents significant growth opportunities for manufacturers of sugar dissolving machines.

Sugar Dissolving Machines Market Top Key Players:

SPX FLOW, Inc. (US)

Tetra Pak (Sweden)

Alfa Laval (Sweden)

GEA (Germany)

AMS BEVERAGE ENGINEERING AND SERVICES GMBH (Germany)

Krones AG (Germany)

Inter-Upgrade GmbH (Germany)

ProMinent Dosiertechnik GmbH (Germany)

GEA Westfalia Separator Group GmbH (Germany)

Syntegon Technology GmbH (Germany)

WATER SYSTEMS srl (Italy)

CFT Group (Italy)

Firbimatic S.p.A. (Italy)

Buhler Group (Switzerland)

Moravek International Ltd. (Czech Republic)

Evatec AG (Switzerland)

HRS Food & Beverage (UK)

YUNG SOON LIH FOOD MACHINE CO., LTD. (Taiwan)

Hill Machinery (China)

Wuxi Betec Technical Co., Ltd. (China)

YM Co., Ltd. (South Korea)

Yamazaki Machinery Co., Ltd. (Japan)

Nara Machinery Co., Ltd. (Japan)

Other Active Players

Key Industry Developments in the Sugar Dissolving Machines Market:

In September 2023, GEA launched new Disugar Sugar Dissolving Systems for Beverages. a robust, versatile family of GEA DISUGAR equipment that allows you to add and dissolve sugar in batches or continuously, with or without pasteurization.

In April 2023, Krones and Ampco Pumps Company LLC (Ampco Pumps) reached an agreement to buy 90% of its shares. Ampco Pumps, headquartered in Wisconsin, USA, supplies sanitary pumps and applied products such as mixing and blending equipment to the food, beverage, dairy processing, personal care, and pharmaceutical industries

Chapter 1: Introduction

 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape

 3.1 Market Dynamics

  3.1.1 Drivers

  3.1.2 Restraints

  3.1.3 Opportunities

  3.1.4 Challenges

 3.2 Market Trend Analysis

 3.3 PESTLE Analysis

 3.4 Porter’s Five Forces Analysis

 3.5 Industry Value Chain Analysis

 3.6 Ecosystem

 3.7 Regulatory Landscape

 3.8 Price Trend Analysis

 3.9 Patent Analysis

 3.10 Technology Evolution

 3.11 Investment Pockets

 3.12 Import-Export Analysis

Chapter 4: Sugar Dissolving Machines Market by Type (2018-2032)

 4.1 Sugar Dissolving Machines Market Snapshot and Growth Engine

 4.2 Market Overview

 4.3 Batch Dissolution

  4.3.1 Introduction and Market Overview

  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units

  4.3.3 Key Market Trends, Growth Factors, and Opportunities

  4.3.4 Geographic Segmentation Analysis

 4.4 Continuous Dissolution

Chapter 5: Sugar Dissolving Machines Market by Capacity (2018-2032)

 5.1 Sugar Dissolving Machines Market Snapshot and Growth Engine

 5.2 Market Overview

 5.3 Small-Scale

  5.3.1 Introduction and Market Overview

  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units

  5.3.3 Key Market Trends, Growth Factors, and Opportunities

  5.3.4 Geographic Segmentation Analysis

 5.4 Medium-Scale

 5.5 Large-Scale

Chapter 6: Sugar Dissolving Machines Market by Application (2018-2032)

 6.1 Sugar Dissolving Machines Market Snapshot and Growth Engine

 6.2 Market Overview

 6.3 Fruit Juice

  6.3.1 Introduction and Market Overview

  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units

  6.3.3 Key Market Trends, Growth Factors, and Opportunities

  6.3.4 Geographic Segmentation Analysis

 6.4 Milk Drink

 6.5 Beer

 6.6 Tea

 6.7 Carbonated Drinks

Chapter 7: Sugar Dissolving Machines Market by End-User (2018-2032)

 7.1 Sugar Dissolving Machines Market Snapshot and Growth Engine

 7.2 Market Overview

 7.3 Food and Beverage

  7.3.1 Introduction and Market Overview

  7.3.2 Historic and Forecasted Market Size in Value USD and Volume Units

  7.3.3 Key Market Trends, Growth Factors, and Opportunities

  7.3.4 Geographic Segmentation Analysis

 7.4 Pharmaceutical

 7.5 Chemical

 7.6 Cosmetics

Chapter 8: Company Profiles and Competitive Analysis

 8.1 Competitive Landscape

  8.1.1 Competitive Benchmarking

  8.1.2 Sugar Dissolving Machines Market Share by Manufacturer (2024)

  8.1.3 Industry BCG Matrix

  8.1.4 Heat Map Analysis

  8.1.5 Mergers and Acquisitions  

 8.2 LAM RESEARCH (US)

  8.2.1 Company Overview

  8.2.2 Key Executives

  8.2.3 Company Snapshot

  8.2.4 Role of the Company in the Market

  8.2.5 Sustainability and Social Responsibility

  8.2.6 Operating Business Segments

  8.2.7 Product Portfolio

  8.2.8 Business Performance

  8.2.9 Key Strategic Moves and Recent Developments

  8.2.10 SWOT Analysis

 8.3 APPLIED MATERIALS (US)

 8.4 VEECO INSTRUMENTS INC. (US)

 8.5 ADVANCED VACUUM (US)

 8.6 PLASMA-THERM LLC (US)

 8.7 PLASMAETCH INC. (US)

 8.8 MATTSON TECHNOLOGY INC. (US)

 8.9 AXT INC. (US)

 8.10 PLASMAQUEST (US)

 8.11 VERSUM MATERIALS INC. (US)

 8.12 OXFORD INSTRUMENTS (UK)

 8.13 SPTS TECHNOLOGIES (UK)

 8.14 ADIXEN INSTRUMENTS (FRANCE)

 8.15 INFINEUM SIVERS PHOTONICS GMBH (GERMANY)

 8.16 SÜSS MICROTEC AG (GERMANY)

 8.17 EVGROUP (AUSTRIA)

 8.18 TOKYO ELECTRON LIMITED (TEL) (JAPAN)

 8.19 HITACHI HIGH-TECHNOLOGIES CORPORATION (JAPAN)

 8.20 CANON MACHINERY INC. (JAPAN)

 8.21 SCREEN HOLDINGS COLTD. (JAPAN)

 8.22 NIKON CORPORATION (JAPAN)

 8.23 HITACHI KOKUSAI ELECTRIC INC. (JAPAN)

 8.24 CMC MACHINERY CORPORATION (TAIWAN)

 8.25 ASM PACIFIC TECHNOLOGY LTD. (SINGAPORE)

 8.26

Chapter 9: Global Sugar Dissolving Machines Market By Region

 9.1 Overview

 9.2. North America Sugar Dissolving Machines Market

  9.2.1 Key Market Trends, Growth Factors and Opportunities

  9.2.2 Top Key Companies

  9.2.3 Historic and Forecasted Market Size by Segments

  9.2.4 Historic and Forecasted Market Size by Type

  9.2.4.1 Batch Dissolution

  9.2.4.2 Continuous Dissolution

  9.2.5 Historic and Forecasted Market Size by Capacity

  9.2.5.1 Small-Scale

  9.2.5.2 Medium-Scale

  9.2.5.3 Large-Scale

  9.2.6 Historic and Forecasted Market Size by Application

  9.2.6.1 Fruit Juice

  9.2.6.2 Milk Drink

  9.2.6.3 Beer

  9.2.6.4 Tea

  9.2.6.5 Carbonated Drinks

  9.2.7 Historic and Forecasted Market Size by End-User

  9.2.7.1 Food and Beverage

  9.2.7.2 Pharmaceutical

  9.2.7.3 Chemical

  9.2.7.4 Cosmetics

  9.2.8 Historic and Forecast Market Size by Country

  9.2.8.1 US

  9.2.8.2 Canada

  9.2.8.3 Mexico

 9.3. Eastern Europe Sugar Dissolving Machines Market

  9.3.1 Key Market Trends, Growth Factors and Opportunities

  9.3.2 Top Key Companies

  9.3.3 Historic and Forecasted Market Size by Segments

  9.3.4 Historic and Forecasted Market Size by Type

  9.3.4.1 Batch Dissolution

  9.3.4.2 Continuous Dissolution

  9.3.5 Historic and Forecasted Market Size by Capacity

  9.3.5.1 Small-Scale

  9.3.5.2 Medium-Scale

  9.3.5.3 Large-Scale

  9.3.6 Historic and Forecasted Market Size by Application

  9.3.6.1 Fruit Juice

  9.3.6.2 Milk Drink

  9.3.6.3 Beer

  9.3.6.4 Tea

  9.3.6.5 Carbonated Drinks

  9.3.7 Historic and Forecasted Market Size by End-User

  9.3.7.1 Food and Beverage

  9.3.7.2 Pharmaceutical

  9.3.7.3 Chemical

  9.3.7.4 Cosmetics

  9.3.8 Historic and Forecast Market Size by Country

  9.3.8.1 Russia

  9.3.8.2 Bulgaria

  9.3.8.3 The Czech Republic

  9.3.8.4 Hungary

  9.3.8.5 Poland

  9.3.8.6 Romania

  9.3.8.7 Rest of Eastern Europe

 9.4. Western Europe Sugar Dissolving Machines Market

  9.4.1 Key Market Trends, Growth Factors and Opportunities

  9.4.2 Top Key Companies

  9.4.3 Historic and Forecasted Market Size by Segments

  9.4.4 Historic and Forecasted Market Size by Type

  9.4.4.1 Batch Dissolution

  9.4.4.2 Continuous Dissolution

  9.4.5 Historic and Forecasted Market Size by Capacity

  9.4.5.1 Small-Scale

  9.4.5.2 Medium-Scale

  9.4.5.3 Large-Scale

  9.4.6 Historic and Forecasted Market Size by Application

  9.4.6.1 Fruit Juice

  9.4.6.2 Milk Drink

  9.4.6.3 Beer

  9.4.6.4 Tea

  9.4.6.5 Carbonated Drinks

  9.4.7 Historic and Forecasted Market Size by End-User

  9.4.7.1 Food and Beverage

  9.4.7.2 Pharmaceutical

  9.4.7.3 Chemical

  9.4.7.4 Cosmetics

  9.4.8 Historic and Forecast Market Size by Country

  9.4.8.1 Germany

  9.4.8.2 UK

  9.4.8.3 France

  9.4.8.4 The Netherlands

  9.4.8.5 Italy

  9.4.8.6 Spain

  9.4.8.7 Rest of Western Europe

 9.5. Asia Pacific Sugar Dissolving Machines Market

  9.5.1 Key Market Trends, Growth Factors and Opportunities

  9.5.2 Top Key Companies

  9.5.3 Historic and Forecasted Market Size by Segments

  9.5.4 Historic and Forecasted Market Size by Type

  9.5.4.1 Batch Dissolution

  9.5.4.2 Continuous Dissolution

  9.5.5 Historic and Forecasted Market Size by Capacity

  9.5.5.1 Small-Scale

  9.5.5.2 Medium-Scale

  9.5.5.3 Large-Scale

  9.5.6 Historic and Forecasted Market Size by Application

  9.5.6.1 Fruit Juice

  9.5.6.2 Milk Drink

  9.5.6.3 Beer

  9.5.6.4 Tea

  9.5.6.5 Carbonated Drinks

  9.5.7 Historic and Forecasted Market Size by End-User

  9.5.7.1 Food and Beverage

  9.5.7.2 Pharmaceutical

  9.5.7.3 Chemical

  9.5.7.4 Cosmetics

  9.5.8 Historic and Forecast Market Size by Country

  9.5.8.1 China

  9.5.8.2 India

  9.5.8.3 Japan

  9.5.8.4 South Korea

  9.5.8.5 Malaysia

  9.5.8.6 Thailand

  9.5.8.7 Vietnam

  9.5.8.8 The Philippines

  9.5.8.9 Australia

  9.5.8.10 New Zealand

  9.5.8.11 Rest of APAC

 9.6. Middle East & Africa Sugar Dissolving Machines Market

  9.6.1 Key Market Trends, Growth Factors and Opportunities

  9.6.2 Top Key Companies

  9.6.3 Historic and Forecasted Market Size by Segments

  9.6.4 Historic and Forecasted Market Size by Type

  9.6.4.1 Batch Dissolution

  9.6.4.2 Continuous Dissolution

  9.6.5 Historic and Forecasted Market Size by Capacity

  9.6.5.1 Small-Scale

  9.6.5.2 Medium-Scale

  9.6.5.3 Large-Scale

  9.6.6 Historic and Forecasted Market Size by Application

  9.6.6.1 Fruit Juice

  9.6.6.2 Milk Drink

  9.6.6.3 Beer

  9.6.6.4 Tea

  9.6.6.5 Carbonated Drinks

  9.6.7 Historic and Forecasted Market Size by End-User

  9.6.7.1 Food and Beverage

  9.6.7.2 Pharmaceutical

  9.6.7.3 Chemical

  9.6.7.4 Cosmetics

  9.6.8 Historic and Forecast Market Size by Country

  9.6.8.1 Turkiye

  9.6.8.2 Bahrain

  9.6.8.3 Kuwait

  9.6.8.4 Saudi Arabia

  9.6.8.5 Qatar

  9.6.8.6 UAE

  9.6.8.7 Israel

  9.6.8.8 South Africa

 9.7. South America Sugar Dissolving Machines Market

  9.7.1 Key Market Trends, Growth Factors and Opportunities

  9.7.2 Top Key Companies

  9.7.3 Historic and Forecasted Market Size by Segments

  9.7.4 Historic and Forecasted Market Size by Type

  9.7.4.1 Batch Dissolution

  9.7.4.2 Continuous Dissolution

  9.7.5 Historic and Forecasted Market Size by Capacity

  9.7.5.1 Small-Scale

  9.7.5.2 Medium-Scale

  9.7.5.3 Large-Scale

  9.7.6 Historic and Forecasted Market Size by Application

  9.7.6.1 Fruit Juice

  9.7.6.2 Milk Drink

  9.7.6.3 Beer

  9.7.6.4 Tea

  9.7.6.5 Carbonated Drinks

  9.7.7 Historic and Forecasted Market Size by End-User

  9.7.7.1 Food and Beverage

  9.7.7.2 Pharmaceutical

  9.7.7.3 Chemical

  9.7.7.4 Cosmetics

  9.7.8 Historic and Forecast Market Size by Country

  9.7.8.1 Brazil

  9.7.8.2 Argentina

  9.7.8.3 Rest of SA

Chapter 10 Analyst Viewpoint and Conclusion

10.1 Recommendations and Concluding Analysis

10.2 Potential Market Strategies

Chapter 11 Research Methodology

11.1 Research Process

11.2 Primary Research

11.3 Secondary Research

Q1: What would be the forecast period in the Sugar Dissolving Machines Market research report?

A1: The forecast period in the Sugar Dissolving Machines Market research report is 2025-2032.

Q2: Who are the key players in the Sugar Dissolving Machines Market?

A2: SPX FLOW, Inc. (US), Tetra Pak (Sweden), Alfa Laval (Sweden), GEA (Germany), AMS BEVERAGE ENGINEERING AND SERVICES GMBH (Germany), Krones AG (Germany), Inter-Upgrade GmbH (Germany), ProMinent Dosiertechnik GmbH (Germany), GEA Westfalia Separator Group GmbH (Germany), Syntegon Technology GmbH (Germany), A. WATER SYSTEMS srl (Italy), CFT Group (Italy), Firbimatic S.p.A. (Italy), Buhler Group (Switzerland), Moravek International Ltd. (Czech Republic), Evatec AG (Switzerland), HRS Food & Beverage (UK), YUNG SOON LIH FOOD MACHINE CO., LTD. (Taiwan), Hill Machinery (China), Wuxi Betec Technical Co., Ltd. (China), YM Co., Ltd. (South Korea), Alfa Laval India Pvt. Ltd. (India), Yamazaki Machinery Co., Ltd. (Japan), Nara Machinery Co., Ltd. (Japan) and Other Active Players.

Q3: What are the segments of the Sugar Dissolving Machines Market?

A3: The Sugar Dissolving Machines Market is segmented into Type, Capacity, Application, End-User, and region. By Type, the market is categorized into Batch Dissolution and Continuous Dissolution. By Capacity, the market is categorized into Small-Scale, Medium-Scale, and Large-Scale. By Application, the market is categorized into Fruit Juice, Milk Drinks, Beer, Tea, Carbonated Drinks, and Others. By End-User, the market is categorized into Food and Beverage, Pharmaceutical, Chemical, and Cosmetics. By Region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Russia; Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; The Netherlands; Italy; ; Spain; Rest of Western Europe), Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC), Middle East & Africa (Türkiye, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa), South America (Brazil; Argentina, etc.).

Q4: What is the Sugar Dissolving Machines Market?

A4: Sugar dissolving machines are specialized machines that dissolve powdered sugar in liquid solutions. These machines are widely used in the food and beverage processing industries, particularly for dissolving large amounts of sugar quickly and efficiently. The machines are typically made up of a vessel or tank with mixers or mixing blades that shake the sugar and liquid mixture, causing it to dissolve quickly.

Q5: How big is the Sugar Dissolving Machines Market?

A5: Sugar Dissolving Market Size Was Valued at USD 2.01 Billion in 2024 and is Projected to Reach USD 3.14 Billion by 2032, Growing at a CAGR of 5.72% From 2025-2032.

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