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| Industry | Application | Advantages | Challenges |
|---|---|---|---|
| Pharmaceutical | Drug formulation | High efficacy, low toxicity | Regulatory hurdles |
| Agriculture | Pesticide production | Effective pest control | Environmental concerns |
| Cosmetics | Skincare products | Skin benefits, versatile | Consumer sensitivities |
| Food & Beverage | Flavoring agent | Natural flavor profile | Regulatory approvals |
| Chemical Industry | Intermediate for synthesis | Wide applications | Market volatility |