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| Application Area | Market Share (%) | Growth Rate (%) | Key Trends |
|---|---|---|---|
| Pharmaceuticals | 35 | 5 | Increased R&D investments, Regulatory compliance focus |
| Agriculture | 25 | 4.5 | Sustainable practices, Biopesticides adoption |
| Cosmetics | 20 | 3.5 | Natural ingredients trend, Clean beauty demand |
| Food Industry | 15 | 3 | Functional foods, Clean label initiatives |
| Industrial Applications | 5 | 2.5 | Process optimization, Environmental regulations |