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Fine chemicals are pure, single-substance chemicals produced in small quantities for specific, high-value applications, such as pharmaceuticals and agrochemicals. Specialty chemicals are formulated products designed to perform specific functions across various industries, such as adhesives, coatings, and cleaning agents.
The production of fine chemicals involves complex chemical synthesis processes to create high-purity compounds used in specialized applications, often requiring precise control over production conditions.
Nutraceuticals are products derived from food sources that offer additional health benefits beyond basic nutrition, while pharmaceuticals are medicinal drugs developed to diagnose, treat, or prevent diseases, requiring extensive clinical testing and regulatory approval.
The nutraceutical industry encompasses the development, manufacturing, and marketing of products like dietary supplements, functional foods, and fortified beverages that provide health benefits beyond basic nutrition.