The global generalized anxiety disorder treatment market is expected to garner a market value of US$ 1800 Million in 2023 and is expected to accumulate a market value of US$ 4261.25 Million by registering a CAGR of 9% in the forecast period 2023 to 2033. Growth of the generalized anxiety disorder treatment market can be attributed to increasing prevalence of mental health disorders along with availability of numerous treatments to treat the ailment. The market for generalized anxiety disorder treatment registered a CAGR of 5.1% in the historical period 2018 to 2022
Generalized anxiety disorder is a mental health disorder characterized by excessive and persistent worry or anxiety about various events or activities, even when there is little or no reason to worry. Generalized anxiety disorder can be a chronic condition and can significantly affect a person's daily life. There are several treatment options for generalized anxiety disorder, that includes Cognitive-behavioral therapy (CBT), Medications, relaxation techniques, lifestyle changes and support groups.
Report Attribute | Details |
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Expected Market Value (2023) | US$ 1800 Million |
Anticipated Forecast Value (2033) | US$ 4261.25 Million |
Projected Growth Rate (2023 to 2033) | 9% CAGR |
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According to market research and competitive intelligence provider Future Market Insights- the market for generalized anxiety disorder treatment market reflected a value of 5.1% during the historical period, 2018 to 2022.
The generalized anxiety disorder treatment market has been growing steadily over the past few years and is expected to continue to do so in the coming years. This is owing to the rising demand for mental health services and increasing government initiatives to promote mental health awareness. In addition, increasing prevalence of anxiety disorders, advances in treatment options, and growing awareness about mental health is expected to shape the landscape for generalized anxiety disorder treatment market.
Thus, the market for generalized anxiety disorder treatment market is expected to register a CAGR of 9% in the forecast period 2023 to 2033.
Growing prevalence and awareness regarding mental health accelerating market growth of generalized anxiety disorder
The prevalence of generalized anxiety disorder is increasing worldwide, which is expected to drive the demand for generalized anxiety disorder treatment. According to the World Health Organization (WHO), anxiety disorders affect approximately 3.6% of the global population.
There is a growing awareness about mental health issues, including generalized anxiety disorder, which is driving the demand for generalized anxiety disorder treatment. This is expected to further boost the generalized anxiety disorder treatment market.
There have been significant advances in the treatment options available for generalized anxiety disorder, including new medications and therapies, which are expected to drive the growth of the generalized anxiety disorder treatment market.
The increasing healthcare spending and government initiatives to improve mental health services are also expected to drive the growth of the generalized anxiety disorder treatment market.
The adoption of telemedicine and remote consultation is expected to increase the accessibility of mental health services, which will likely drive the demand for generalized anxiety disorder treatment.
Limited access to mental health services affecting overall market growth
Stigma associated with mental health issues, including generalized anxiety disorder, can be a significant barrier to seeking and receiving treatment. This can limit the growth of the generalized anxiety disorder treatment market. The cost of generalized anxiety disorder treatment, including medications and therapy, can be high, which can limit access to treatment for those who cannot afford it. This is a significant challenge, particularly in developing countries.
There is a shortage of mental health professionals, particularly in rural areas, which can limit access to treatment for those in need. A lack of awareness about generalized anxiety disorder and the available treatment options can also be a challenge. Many people may not be aware that they have generalized anxiety disorder or may not know where to seek help.
The side effects of medications used to treat generalized anxiety disorder can be significant, and some people may not tolerate them well, which can limit the effectiveness of the treatment.
Generalized anxiety disorder is often comorbid with other mental health disorders, such as depression, which can complicate treatment and make it more challenging to manage. All these factors are affecting the growth of the generalized anxiety disorder treatment market.
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Presence of key players boosting implementation of generalized anxiety disorder treatment
The North America generalized anxiety disorder treatment market is expected to grow significantly in the coming years due to the increasing prevalence of generalized anxiety disorder and the growing awareness of the condition. Some of the major players in the market include pharmaceutical companies such as Pfizer Inc., Eli Lilly and Company, and GlaxoSmithKline plc, which develop and market medications used to manage symptoms of generalized anxiety disorder.
The North America generalized anxiety disorder treatment market is also impacted by the increasing demand for alternative therapies and natural remedies. As such, there has been an increase in the use of herbal supplements, mindfulness meditation, and yoga to manage symptoms of generalized anxiety disorder.
Overall, the North America generalized anxiety disorder treatment market is expected to continue to grow as more individuals seek treatment for this condition and as new treatments and therapies are developed to manage its symptoms. Thus, North America is expected to possess 47% market share for generalized anxiety disorder treatment market in 2023.
Effective and safe treatment options encouraging people to take therapies
The Asia Pacific GAD treatment market is expected to grow significantly in the coming years due to several factors, including the increasing prevalence of mental health disorders, growing awareness about mental health issues, and rising demand for effective and safe treatment options. Some of the major players in the market include pharmaceutical companies such as Pfizer Inc., GlaxoSmithKline plc, and Eli Lilly and Company, which develop and market medications used to manage symptoms of GAD.
The Asia Pacific GAD treatment market is also impacted by the increasing demand for alternative therapies and natural remedies. As such, there has been an increase in the use of herbal supplements, mindfulness meditation, and yoga to manage symptoms of GAD. Thus, Asia Pacific is expected to possess 42% market share for generalized anxiety disorder treatment market in 2023.
Multi-purpose use of antidepressants increasing its usage to treat generalized anxiety disorder
Antidepressants work by increasing the levels of certain chemicals in the brain, such as serotonin and norepinephrine, which can help to reduce anxiety symptoms. Antidepressants are often taken on a long-term basis, which means they can provide sustained relief from anxiety symptoms over time.
Unlike some other medications used to treat anxiety, such as benzodiazepines, antidepressants are not addictive, making them a safer option for long-term use. Many people with generalized anxiety disorder also experience symptoms of depression, such as low mood and lack of energy. Antidepressants can help to treat both anxiety and depression, making them a useful treatment option for people with generalized anxiety disorder who have comorbid depression.
Thus, antidepressants are expected to possess 48% market share for generalized anxiety disorder treatment market in 2023.
Key players in the generalized anxiety disorder treatment market are MindMed, VistaGen Therapeutics, Actavis, Takeda Pharmaceuticals, Bionomics, Eli Lilly and Company, GlaxoSmithKline Pharmaceuticals Limited, Pfizer, Inc., Abbott Laboratories, Bristol-Myers Squibb and Actavis Pharmaceutical Company
Report Attribute | Details |
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Market Value in 2023 | US$ 1800 Million |
Market Value in 2033 | US$ 4261.25 Million |
Growth Rate | CAGR of 9% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in USD Million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
In 2023, the market is expected to generate US$ 1,800 million revenue.
The global market is poised to witness 9% CAGR through 2033.
The antidepressant segment is poised to have 48% market share in 2023.
North America market is leading with 47% of the global market size in 2023.
The overall demand in Asia Pacific is poised to be around 42% of the global demand.
1. Executive Summary | Generalized Anxiety Disorder Treatment Market 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Investment Feasibility Matrix 3.5. PESTLE and Porter’s Analysis 3.6. Regulatory Landscape 3.6.1. By Key Regions 3.6.2. By Key Countries 3.7. Regional Parent Market Outlook 4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Drug Class 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) Analysis By Drug Class, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Drug Class, 2023 to 2033 5.3.1. Antidepressant 5.3.2. Buspirone 5.3.3. Benzodiazepines 5.4. Y-o-Y Growth Trend Analysis By Drug Class, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Drug Class, 2023 to 2033 6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Therapies 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) Analysis By Therapies, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Therapies, 2023 to 2033 6.3.1. Interpersonal Therapy 6.3.2. Behavioural Therapy 6.3.3. Cognitive Behaviour Therapy 6.3.4. Mindfulness Based Cognitive Therapy 6.4. Y-o-Y Growth Trend Analysis By Therapies, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Therapies, 2023 to 2033 7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Distribution Channel 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) Analysis By Distribution Channel , 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) Analysis and Forecast By Distribution Channel , 2023 to 2033 7.3.1. Hospital Pharmacy 7.3.2. Retail Pharmacy 7.3.3. Online Pharmacy 7.4. Y-o-Y Growth Trend Analysis By Distribution Channel , 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Distribution Channel , 2023 to 2033 8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) Analysis By Region, 2018 to 2022 8.3. Current Market Size Value (US$ Million) Analysis and Forecast By Region, 2023 to 2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. South Asia 8.3.5. East Asia 8.3.6. Oceania 8.3.7. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 9.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 9.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 9.2.1. By Country 9.2.1.1. USA 9.2.1.2. Canada 9.2.2. By Drug Class 9.2.3. By Therapies 9.2.4. By Distribution Channel 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Drug Class 9.3.3. By Therapies 9.3.4. By Distribution Channel 9.4. Key Takeaways 10. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 10.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Drug Class 10.2.3. By Therapies 10.2.4. By Distribution Channel 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Drug Class 10.3.3. By Therapies 10.3.4. By Distribution Channel 10.4. Key Takeaways 11. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 11.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. United Kingdom 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Drug Class 11.2.3. By Therapies 11.2.4. By Distribution Channel 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Drug Class 11.3.3. By Therapies 11.3.4. By Distribution Channel 11.4. Key Takeaways 12. South Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 12.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Country 12.2.1.1. India 12.2.1.2. Malaysia 12.2.1.3. Singapore 12.2.1.4. Thailand 12.2.1.5. Rest of South Asia 12.2.2. By Drug Class 12.2.3. By Therapies 12.2.4. By Distribution Channel 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Drug Class 12.3.3. By Therapies 12.3.4. By Distribution Channel 12.4. Key Takeaways 13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 13.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Country 13.2.1.1. China 13.2.1.2. Japan 13.2.1.3. South Korea 13.2.2. By Drug Class 13.2.3. By Therapies 13.2.4. By Distribution Channel 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Drug Class 13.3.3. By Therapies 13.3.4. By Distribution Channel 13.4. Key Takeaways 14. Oceania Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 14.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Country 14.2.1.1. Australia 14.2.1.2. New Zealand 14.2.2. By Drug Class 14.2.3. By Therapies 14.2.4. By Distribution Channel 14.3. Market Attractiveness Analysis 14.3.1. By Country 14.3.2. By Drug Class 14.3.3. By Therapies 14.3.4. By Distribution Channel 14.4. Key Takeaways 15. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country 15.1. Historical Market Size Value (US$ Million) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Country 15.2.1.1. GCC Countries 15.2.1.2. South Africa 15.2.1.3. Israel 15.2.1.4. Rest of MEA 15.2.2. By Drug Class 15.2.3. By Therapies 15.2.4. By Distribution Channel 15.3. Market Attractiveness Analysis 15.3.1. By Country 15.3.2. By Drug Class 15.3.3. By Therapies 15.3.4. By Distribution Channel 15.4. Key Takeaways 16. Key Countries Market Analysis 16.1. USA 16.1.1. Pricing Analysis 16.1.2. Market Share Analysis, 2022 16.1.2.1. By Drug Class 16.1.2.2. By Therapies 16.1.2.3. By Distribution Channel 16.2. Canada 16.2.1. Pricing Analysis 16.2.2. Market Share Analysis, 2022 16.2.2.1. By Drug Class 16.2.2.2. By Therapies 16.2.2.3. By Distribution Channel 16.3. Brazil 16.3.1. Pricing Analysis 16.3.2. Market Share Analysis, 2022 16.3.2.1. By Drug Class 16.3.2.2. By Therapies 16.3.2.3. By Distribution Channel 16.4. Mexico 16.4.1. Pricing Analysis 16.4.2. Market Share Analysis, 2022 16.4.2.1. By Drug Class 16.4.2.2. By Therapies 16.4.2.3. By Distribution Channel 16.5. Germany 16.5.1. Pricing Analysis 16.5.2. Market Share Analysis, 2022 16.5.2.1. By Drug Class 16.5.2.2. By Therapies 16.5.2.3. By Distribution Channel 16.6. United Kingdom 16.6.1. Pricing Analysis 16.6.2. Market Share Analysis, 2022 16.6.2.1. By Drug Class 16.6.2.2. By Therapies 16.6.2.3. By Distribution Channel 16.7. France 16.7.1. Pricing Analysis 16.7.2. Market Share Analysis, 2022 16.7.2.1. By Drug Class 16.7.2.2. By Therapies 16.7.2.3. By Distribution Channel 16.8. Spain 16.8.1. Pricing Analysis 16.8.2. Market Share Analysis, 2022 16.8.2.1. By Drug Class 16.8.2.2. By Therapies 16.8.2.3. By Distribution Channel 16.9. Italy 16.9.1. Pricing Analysis 16.9.2. Market Share Analysis, 2022 16.9.2.1. By Drug Class 16.9.2.2. By Therapies 16.9.2.3. By Distribution Channel 16.10. India 16.10.1. Pricing Analysis 16.10.2. Market Share Analysis, 2022 16.10.2.1. By Drug Class 16.10.2.2. By Therapies 16.10.2.3. By Distribution Channel 16.11. Malaysia 16.11.1. Pricing Analysis 16.11.2. Market Share Analysis, 2022 16.11.2.1. By Drug Class 16.11.2.2. By Therapies 16.11.2.3. By Distribution Channel 16.12. Singapore 16.12.1. Pricing Analysis 16.12.2. Market Share Analysis, 2022 16.12.2.1. By Drug Class 16.12.2.2. By Therapies 16.12.2.3. By Distribution Channel 16.13. Thailand 16.13.1. Pricing Analysis 16.13.2. Market Share Analysis, 2022 16.13.2.1. By Drug Class 16.13.2.2. By Therapies 16.13.2.3. By Distribution Channel 16.14. China 16.14.1. Pricing Analysis 16.14.2. Market Share Analysis, 2022 16.14.2.1. By Drug Class 16.14.2.2. By Therapies 16.14.2.3. By Distribution Channel 16.15. Japan 16.15.1. Pricing Analysis 16.15.2. Market Share Analysis, 2022 16.15.2.1. By Drug Class 16.15.2.2. By Therapies 16.15.2.3. By Distribution Channel 16.16. South Korea 16.16.1. Pricing Analysis 16.16.2. Market Share Analysis, 2022 16.16.2.1. By Drug Class 16.16.2.2. By Therapies 16.16.2.3. By Distribution Channel 16.17. Australia 16.17.1. Pricing Analysis 16.17.2. Market Share Analysis, 2022 16.17.2.1. By Drug Class 16.17.2.2. By Therapies 16.17.2.3. By Distribution Channel 16.18. New Zealand 16.18.1. Pricing Analysis 16.18.2. Market Share Analysis, 2022 16.18.2.1. By Drug Class 16.18.2.2. By Therapies 16.18.2.3. By Distribution Channel 16.19. GCC Countries 16.19.1. Pricing Analysis 16.19.2. Market Share Analysis, 2022 16.19.2.1. By Drug Class 16.19.2.2. By Therapies 16.19.2.3. By Distribution Channel 16.20. South Africa 16.20.1. Pricing Analysis 16.20.2. Market Share Analysis, 2022 16.20.2.1. By Drug Class 16.20.2.2. By Therapies 16.20.2.3. By Distribution Channel 16.21. Israel 16.21.1. Pricing Analysis 16.21.2. Market Share Analysis, 2022 16.21.2.1. By Drug Class 16.21.2.2. By Therapies 16.21.2.3. By Distribution Channel 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Drug Class 17.3.3. By Therapies 17.3.4. By Distribution Channel 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. MindMed 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.2. VistaGen Therapeutics 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.3. Actavis 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.4. Takeda Pharmaceuticals 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.5. Bionomics 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.6. Eli Lilly and Company 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.7. GlaxoSmithKline Pharmaceuticals Limited 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.8. Pfizer, Inc. 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.9. Abbott Laboratories 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.10. Bristol-Myers Squibb 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.11. Actavis Pharmaceutical Company 18.1.11.1. Overview 18.1.11.2. Product Portfolio 18.1.11.3. Profitability by Market Segments 18.1.11.4. Sales Footprint 18.1.11.5. Strategy Overview 18.1.11.5.1. Marketing Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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