The Rising Popularity Of Veganism Fuels Growth In The Vegan Cosmetics Market Driving Market Acceleration in the Vegan Cosmetics Industry, 2025

Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.

How Large Will the Vegan Cosmetics Market Size By 2025?
The size of the vegan cosmetics market has experienced robust expansion in the past few years. The robust growth trajectory is projected to continue, with the market set to expand from $18.25 billion in 2024 to $19.59 billion in 2025, exemplifying a compound annual growth rate (CAGR) of 7.3%. The significant growth during the historical period can be ascribed to mounting awareness about animal cruelty in cosmetic products, surging demand for natural and organic beauty solutions, increasing health and environmental concerns, influence and endorsements of celebrities, and the growing adoption of veganism as a lifestyle preference.

How Big Is the Vegan Cosmetics Market Size Expected to Grow by 2029?
Expectations are high that the vegan cosmetics market size will experience robust expansion in the coming years. It is projected to reach $27.77 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.1%. The predicted growth in the forecast period is likely due to heightened consumer interest in sustainable and ethical goods, stronger regulatory backing for cruelty-free and vegan beauty, growing importance placed on transparency in product labeling, the widening of the vegan demographic to encompass more consumers, and a rise in the demand for plant-based ingredients. Key trends anticipated in the forecast period include enhancements in vegan cosmetic formulas and technology, the emergence of vegan and cruelty-free certifications, innovation in eco-conscious packaging, the use of technology for personalized vegan beauty solutions, and strategic partnerships between beauty brands and influencers.

View the full report here:
https://www.thebusinessresearchcompany.com/report/vegan-cosmetics-global-market-report

Which Key Market Drivers Powering Vegan Cosmetics Market Expansion and Growth?
The increasing interest in vegan practices is predicted to propel the vegan cosmetics market in the future. Veganism entails the avoidance of goods derived from animals. The production of cosmetics involves a considerable amount of animal exploitation and cruelty. Consequently, many people are transitioning to a vegan lifestyle and favoring plant-derived products to dissociate from such abusive practices. For instance, figures from April 2023 show a report from Veganuary, a non-profit organization located in the UK. The report reveals that 706,965 individuals worldwide pledged to Veganuary that year, an uptick from the 629,000 participants recorded in 2022. Hence, the growing trend of veganism is significantly stimulating the vegan cosmetics market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=7259&type=smp

Which Fast-Growing Trends Are Poised to Disrupt the Vegan Cosmetics Market?
The rising trend in the vegan cosmetics market is centered on product innovation. Major entities in this market are keen on producing not only new but also unique vegan products to enhance their competitiveness in the market. For example, Freshian, a vegan-certified color cosmetic brand, was launched by LG Household & Health Care - a consumer goods company based in South Korea - in June 2022 to cater to the millennial and Generation Z beauty audience. The brand was introduced with a range of products including two types of cushion compacts, a selection of lip balms, and a sunscreen. These products feature ingredients like five varied forms of hyaluronic acid and madecassoside to provide soothing effects to the skin. Further eco-friendly measures have been taken, such as using corn starch in cushion puffs and employing raw materials derived from sugarcane in the packaging to minimize the brand's environmental impact.

What Are the Emerging Segments in the Vegan Cosmetics Market?
The vegan cosmetics market covered in this report is segmented -

1) By Product: Skin Care, Hair Care, Color Cosmetics, Other Products
2) By Nature: Organic, Conventional
3) By Customer Orientation: Women, Men, Unisex, Kids
4) By Distribution Channel: Hyper markets and Super markets, Specialty Stores, E-commerce, Other Distribution Channels

Subsegments:
1) By Skin Care: Moisturizers, Cleansers, Serums, Sunscreens, Face Masks
2) By Hair Care: Shampoos, Conditioners, Hair Treatments, Styling Products
3) By Color Cosmetics: Foundations, Lipsticks And Lip Care, Eye Makeup, Blush And Bronzer
4) By Other Products: Body Care Products, Nail Care Products, Fragrances

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=7259&type=smp

Who Are the Global Leaders in the Vegan Cosmetics Market?
Major companies operating in the vegan cosmetics market include MuLondon Organic Skincare., Loreal SA, Beauty Without Cruelty, Nature's Gate, MO MI BEAUTY, e. l. f. Cosmetics Inc., COTY Company, Gabriel Cosmetics Inc., Groupe Rocher, Pacific Beauty, Billy Jealousy LLC, Zuzu Luxe by Gabriel Cosmetics, Emma Jean Cosmetics, Modern Mineral Makeup, Arbonne International LLC, Estee Lauder Companies Inc., Unilever plc, Cottage Holdco B. V., E. L. F. Cosmetics Company, Korres S. A. Natural Products, Beiersdorf AG, Aubrey Organics Inc., Dr. Bronner's Magic Soaps., Desert Essence, Avalon Organics, California Baby LLC, Earth Mama Organics LLC, EO Products Inc., Nourish Organic Inc., Tata Harper Skincare., Alba Botanica, Andalou Naturals, Badger Balm, John Masters Organics, Acure Organics, Shea Terra Organics LLC

Which are the Top Profitable Regional Markets for the Vegan Cosmetics Industry?
Europe was the largest region in the vegan cosmetics market in 2024.The regions covered in the vegan cosmetics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7259

This Report Supports:
1. Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2. Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3. Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4. Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Learn More About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.