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| Application Area | Market Share (%) | Growth Rate (CAGR) | Key Trends |
|---|---|---|---|
| Pharmaceuticals | 35 | 5.2% | Increased R&D investments |
| Cosmetics | 25 | 4.8% | Rise in natural ingredients |
| Food Additives | 20 | 6.0% | Health-conscious consumer trends |
| Agriculture | 10 | 3.5% | Sustainable farming practices |
| Others | 10 | 2.0% | Diverse industrial applications |