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| Application Area | Market Share (%) | Growth Rate (CAGR) | Key Players | Trends |
|---|---|---|---|---|
| Pharmaceuticals | 35% | 7% | Company A, Company B | Increased R&D investments |
| Cosmetics | 25% | 5% | Company C, Company D | Sustainable beauty products |
| Agriculture | 20% | 6% | Company E, Company F | Biotechnology advancements |
| Food Industry | 15% | 4% | Company G, Company H | Health-conscious formulations |