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According to the latest research report, the market value is projected to reach US$ 1,665 Billion by 2024, expanding at a CAGR of 6.1% during 2019-2024.

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Bancassurance is becoming an important factor for the overall financial services market growth due to the consolidation in the sector. With technological advancements influencing consumer behaviors and their purchasing patterns, the global bancassurance market is expected to witness a continuous upsurge in its valuation.

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A lack of rice production in the GCC countries and growing demand for better quality rice among the consumers in the region is majorly contributing to the growth prospects of the basmati rice market.

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Reduction of plastic wastes and numerous recycling programmes have become a priority for both developed and developing nations across the globe. Owing to this, governments in different regions are implementing policies and regulations for controlling waste production, encouraging the reuse and recycling of plastic wastes, and encouraging systematic waste treatment.

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According to the latest report by IMARC Group, titled “Biopreservation Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, finds that the market has witnessed a healthy growth over the past few years, reaching a value of about US$ 2.5 Billion in 2017.

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Rapidly ageing global population and a subsequent increase in the number of people suffering from organ failures represent the key factors driving the artificial organs market.

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The global lip care products market was worth US$ 1.9 Billion in 2017. The market is further projected to reach a value of US$ 2.3 Billion by 2023, exhibiting a CAGR of 3.6% during 2018-2023.

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The GCC perfume market was worth more than US$ 2.2 Billion in 2017. The market is further projected to reach a value of nearly US$ 3.7 Billion by 2023, at a CAGR of approximately 8.9% during 2018-2023.

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