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| Application | Market Share (%) | Growth Rate (CAGR %) | Region | Key Trends |
|---|---|---|---|---|
| Food Industry | 35 | 4.5 | Asia Pacific | Increasing demand for palm oil in food production |
| Cosmetics | 25 | 5.0 | North America | Rise in organic cosmetics usage |
| Fuel Production | 20 | 6.2 | Europe | Growth of biofuels due to renewable energy initiatives |
| Pharmaceuticals | 15 | 3.8 | Latin America | Increased research in herbal medicines |
| Animal Feed | 5 | 2.5 | Middle East | Focus on sustainable animal nutrition |