In 2022, the global coumarin market was valued at USD 375.6 million, and over the course of the forecast period, a compound annual growth rate (CAGR) of 6.9% is anticipated. Thromboembolic events are prevented by coumarin medications. These medications are available on the market in limited dosages because they also raise the risk of bleeding.
Natural resources are the source of coumarin. The use of coumarin as thickening, gelling, and stabilizing agents in a variety of culinary products—including dairy-meat, confections, and plant-based goods—is becoming more and more popular.

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Growth Drivers
Innovation of advanced personal care products boosted the growth
The market is expanding as a result of people's growing preference for personal care. The market is expanding due to rising demand for body lotions, gels, and deodorants. The market is expanding as a result of rising demand for skincare products. Numerous food products also include coumarin medicines. People are more aware of the importance of personal care, hair care, and skincare.
Various Chemical benefits is driving the growth of the market
A naturally occurring bioactive substance, coumarin has antiviral, antifungal, anti-inflammatory, and antioxidant qualities. It is frequently used to treat skin conditions. Additionally, it is highly effective in treating long-term conditions including psoriasis and asthma. These properties are mostly responsible for the market's expansion.
Product is applied in various industries is driving the market growth
The industry is being driven by rising demand for hair and body care products. Body care products are becoming more and more popular. The market grew as a result of rising demand for fragrance, medications, and food and beverage applications because of its natural origin and variety of qualities, as well as its use in cosmetics and agriculture.
Segmentation
Product Types
· Synthetic Coumarin
· Natural Coumarin
Applications
· Fragrance
· Pharmaceuticals
· Food, and Beverages
· Cosmetics
· Agriculture
Regional Outlook
· Asia Pacific
· Europe
· North America
· Latin America
· Middle East and Africa
Key Players
· Atlas Fine Chemicals
· Omkar Specialty Chemicals
· N.S. Chemicals
· China Tushu
· Norbright Industry China
· Botai Fine Chemical
· Yingyang flavors and Fragrance
· Saichuang Technology
· Zhangjiagang Feihang Industry limited
· Other Players

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