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| Application Area | Market Share (%) | Growth Rate (2023-2028) | Key Trends | Region |
|---|---|---|---|---|
| Pharmaceuticals | 35 | 8% | Increased R&D investment | North America |
| Cosmetics | 20 | 5% | Natural ingredients trend | Europe |
| Agriculture | 15 | 6% | Sustainable practices | Asia-Pacific |
| Food Additives | 10 | 4% | Health-conscious formulations | Latin America |
| Industrial Applications | 20 | 7% | Digitalization in processes | Middle East |