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| Application Area | Projected Growth (%) | Key Benefits | Regulatory Status |
|---|---|---|---|
| Pharmaceuticals | 15% | High efficacy, Low toxicity | Approved in major markets |
| Agriculture | 10% | Improved crop yield | Pending approval |
| Cosmetics | 8% | Gentle on skin, Natural ingredient | Compliance with safety standards |
| Industrial Chemicals | 12% | Cost-effective, Versatile | Registered under REACH |
| Food Additives | 5% | Enhances flavor, Preservative | Recognized as safe |