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From $21.7 billion in retail worth for 2018, the global market for the Internet of Things (IoT) is estimated to grow with a compound annual growth rate (CAGR) of 18.0 percent, reaching a value of $50.0 billion by 2023, according to BCC Research.
By 2020, the plant-based food market is expected to reach US$5.2 billion worldwide with current growth at double-digit rates, according to Nestlé.
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