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| Application Sector | Application Type | Usage Description | Market Trends |
|---|---|---|---|
| Pharmaceuticals | Active Ingredient | Used in the formulation of various medications | Growing demand due to increased health awareness |
| Agriculture | Pesticide | Effective against specific crop diseases | Increasing focus on sustainable farming practices |
| Cosmetics | Skin Care | Utilized in anti-aging creams | Demand surging with beauty product innovations |
| Food Industry | Food Additive | Enhances flavor and shelf-life of products | Health-conscious consumers pushing for cleaner labels |