Syndicated Research Studies

The global vegan cosmetics market was valued at USD 15.17 billion in 2021 and is projected to reach USD 26.16 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2030. A significant factor fueling this growth is the increasing global trend of vegan consumerism. As more consumers oppose animal cruelty, they are seeking cosmetic products free from animal-derived ingredients. This growing ethical awareness is reshaping the cosmetics industry, with consumers favoring vegan alternatives. Vegan cosmetics exclude ingredients such as beeswax and collagen, and are intended to enhance appearance, support hygiene, and improve personal grooming. These products span various categories including skin care, hair care, and color cosmetics, and are widely available across multiple distribution channels such as specialty stores, supermarkets, hypermarkets, e-commerce platforms, and more. The rising popularity of veganism has prompted manufacturers to invest in resear...

Vegan Cosmetics Market Growth & Trends The global vegan cosmetics market is expected to reach USD 26.16 billion by 2030, expanding at a CAGR of 6.3% from 2022 to 2030, according to a new report by Grand View Research, Inc. Natural and organic vegan cosmetics are gaining traction among a growing number of vegan consumers, driven by the rising consumer awareness regarding the animal cruelty for developing various products. Moreover, the rising trend of veganism after the pandemic has driven the demand for vegan products including vegan cosmetics contributing to the overall growth of the market. Vegan cosmetics are available in a wide variety of types, variants, and others to suit the requirements of vegan consumers. The demand for vegan cosmetics with plant-based ingredients is increasing owing to their various benefits to the skin such as protecting skin because the exclusion of harmful chemicals from it, further propelling their demand in the market. Gather more insight...