Vegan Cosmetics Market Detailed In New Research Report 2025 | Annmarie Gianni., Black Phoenix Alchemy Lab

Natural and organic vegan cosmetics are becoming increasingly popular among a rising number of vegan consumers, fueled by heightened awareness about animal cruelty in the production of various products. Additionally, the increasing popularity of veganism post-pandemic has boosted the demand for vegan products, such as vegan cosmetics, supporting the overall expansion of the market. Vegan cosmetics come in numerous types, variations, and more to meet the needs of vegan shoppers. The rise in demand for vegan cosmetics made from plant-based ingredients is attributed to their numerous skin benefits, including protection due to the absence of harmful chemicals, which further drives their popularity in the market.

The vegan cosmetics segment for skin care accounted for the largest share, becoming the biggest division in global revenue in 2021. Increasing awareness among consumers to care for their skin, address acne, wrinkles, dryness, and more, combined with the growing trend of veganism, has fueled the demand for vegan skincare products in the market. This, in turn, has fueled the overall expansion of the vegan cosmetics market in terms of revenue.

The Vegan Cosmetics Market is Valued USD 18.01 billion in 2024 and projected to reach USD 30.7 billion by 2032, growing at a CAGR of 6.1% During the Forecast period of 2024-2032.

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Vegan Cosmetics Market Growth Factors:

In recent years, a significant increase in the number of beauty bloggers and social media pages dedicated to the benefits of going chemical-free has benefited the industry by increasing customer awareness. The market for animal free products is being fueled by a shift in consumer perceptions of animal-free products, as well as the popularity of environmentally sustainable products. Natural-derived commodity manufacturing helps to reduce emissions and dependency on petroleum-based materials.

In addition to these factors, the growing trend of veganism particularly among the younger generation, and is playing an important role in the market's growth. Veganism is no longer considered uncommon, as more millennials embrace the diet. It has become trendy, with many A-list celebrities endorsing the virtues of a vegan diet and more vegan choices available online and in stores.

Major Players in Vegan Cosmetics Markets are:
Annmarie Gianni., Black Phoenix Alchemy Lab., Stella by Stella McCartney, Carolina Herrea., Lotte Duty-Free, Chiky Botanica., Derma-E, Elements Of Aliel., Ellovi, ESW Beauty, Ashunta Sheriff, Florame, Gypsy Soul Organics, Lavanila, Inc., Nourish Mantra, Nuria Beauty, Pacifica Beauty, Phlur, Plant Based Beauty, SeSpring and Others.

Industry News:

In September 2022, Stella by Stella McCartney, a new beauty line from the fashion designer, was introduced in collaboration with LVMH. According to the company, McCartney's ecological ethos of using "just what you need" is reflected in the new brand. Reset Cleanser, Alter-Care Serum, and Restore Cream are the three items in the vegan skincare range.

In August 2022, Ashunta Sheriff launched Ashunta Sheriff Beauty, a Black-owned beauty brand with a conscience offering a Cruelty-Free, Vegan Beauty Line. A few products in the range include browzing brow gel freeze, unicorn duochrome highlighter, UV vegan liquid liners, unicorn multichrome glitter shadow palette, and beauty water fix-it spray, among others.

In May 2022, Lotte Duty-Free, the duty-free division of South Korean retail behemoth Lotte, released a collection of vegan cosmetics through its online shopping portal LDF BUY. It claimed that the LDF BUY would sell vegan cosmetic products made by Grown Alchemist, a natural skincare brand based in Australia, and Hunter Lab, a gender-inclusive brand from Australia.

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Global Vegan Cosmetics Market Segmentation:

By Product Type
Facial Products
Eye Products
Lip Products
Nail Product
Hair Product
Makeup Product
Others

By Packaging
Jars
Compact Cases
Tubes
Pencil and sticks
Others

By End User
Personal
Commercial

By Gender
Men
Women
Children

By Distribution Channel
Hypermarkets and Supermarkets
Conventional Store
Online
Departmental Stores
Others

The following areas and countries are covered in the worldwide Vegan Cosmetics Market file:

North America (US, Canada, Mexico)
Europe (Germany, France, UK, Russia, Italy)
Asia Pacific (China, Japan, South Korea, India, Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
Middle East and Africa (Saudi Arabia, UAE), Egypt, Nigeria, and South Korea)

This is attributable to the fact that in the last few years, developed countries in Europe have seen an increase in vegan population. According to studies conducted by the Vegan Society in collaboration with Vegan Life magazine, the number of people identified as vegans in the UK has grown by about 350 percent in the last decade. This factor is expected to fuel sales of vegan cosmetics in the future. In addition to this a large majority of European consumers choose one brand to others because of its natural formulation. In recent years, this has fueled an increase in demand for clean, natural, and organic deodorant products. The sales are made based on effectiveness, as well as clinical properties and longer-lasting protection.

Detailed industry forecast-Brief Introduction to the research report:

Additional information on company participants
Customized reports and analyst assistance are available upon request.
Recent market developments and potential future growth opportunities
Personalized regional/country reports upon request
New data sources are being integrated.
Increased focus on data privacy and security
Increased collaboration and co-creation

Know more about this report:
https://www.marketdigits.com/vegan-cosmetics-market-1688537013

Key Features of the Vegan Cosmetics Market Report: -

Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

Examine the market opportunities for stakeholders by identifying higher growth sections.

To study and analyze the global Vegan Cosmetics Market industry status and forecast including key regions.

An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

It helps you make strategic business decisions and investment plans.
Finally, Vegan Cosmetics Market is a valuable source of guidance for individuals and companies.

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