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| Dimension | Data |
|---|---|
| Market Size (2023) | $1.5 Billion |
| Growth Rate (CAGR) | 5.2% |
| Key Applications | Cosmetics, Pharmaceuticals, Food |
| Key Regions | North America, Europe, Asia Pacific |
| Major Producers | Chemical Manufacturers, Specialty Chemical Suppliers |
| Sustainability Trends | Increasing demand for natural alternatives |
| Regulatory Framework | FDA Guidelines, EU Regulations |