The acetophenone market is projected to be valued at USD 239.2 million in 2024, driven by its versatile applications across food and beverage, pharmaceutical, and fragrance manufacturing industries. As a key ingredient in flavoring, perfumes, and medicinal formulations, its demand is steadily increasing. The market's growth trajectory is further fueled by advancements in these sectors, with the industry expected to reach a valuation of USD 353.4 million by 2034, registering a CAGR of 4% during the forecast period.
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