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| Application Area | Description | Key Benefits | Industry Trends |
|---|---|---|---|
| Pharmaceuticals | Used in drug formulation and synthesis. | Enhanced solubility and bioavailability. | Growing demand for targeted therapies. |
| Agriculture | Involved in the production of agrochemicals. | Increased efficacy in pest control. | Shift towards sustainable farming practices. |
| Cosmetics | Used as an ingredient in skincare formulations. | Improved skin absorption and hydration. | Rise of clean beauty products. |
| Food Industry | Employed as a food additive or flavoring agent. | Enhanced taste and preservation capabilities. | Increasing consumer preference for natural additives. |