2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

What Drivers Are Shaping the Growth and Development of theVegan Cosmetics Market?

The growing popularity of veganism is contributing to the expansion of the vegan cosmetics market. People are increasingly avoiding animal-based products in favor of plant-based alternatives to reduce animal cruelty. For instance, in 2023, Veganuary reported that nearly 707,000 people participated in their initiative, up from 629,000 in 2022. This growing interest in vegan lifestyles is driving the vegan cosmetics market.

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#How Does the ProjectedVegan Cosmetics Market Growth Compare Over the Forecast Period?

The vegan cosmetics market has grown significantly in recent years. It is expected to increase from $18.25 billion in 2024 to $19.59 billion in 2025, at a CAGR of 7.3%. This growth is driven by rising awareness of animal cruelty in cosmetics, increased demand for natural and organic beauty products, health and environmental concerns, celebrity endorsements, and the growing popularity of veganism.

The vegan cosmetics market is projected to reach $27.77 billion by 2029, growing at a CAGR of 9.1%. The growth is driven by consumer demand for sustainable and ethical products, increased regulatory support for cruelty-free and vegan beauty, and a growing focus on transparency in labeling. Trends include advancements in vegan cosmetic formulations, the rise of vegan and cruelty-free certifications, eco-friendly packaging innovations, personalized vegan beauty solutions, and collaborations with beauty influencers.

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Which Cutting-Edge Market Trends Are Expected to Drive theVegan Cosmetics Market’s Growth?

Product innovation is also a key trend in the vegan cosmetics market, with companies introducing new vegan products to enhance their market presence. For example, in June 2022, LG Household & Health Care, a South Korea-based consumer goods company, launched Freshian, a vegan-certified cosmetics brand targeting millennials and Generation Z. The brand includes cushion compacts, lip balms, and sunscreen, featuring ingredients like hyaluronic acid and madecassoside to soothe the skin. The packaging is made from sugarcane-derived materials, and the cushion puffs are made from corn starch to reduce environmental impact.

What Are the Leading Market Players Impacting theVegan Cosmetics Market’s Growth Trend?

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

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How Are the Key Segments of the Vegan Cosmetics Market Driving Opportunities and Innovations?

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

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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theVegan Cosmetics Market?# Market Expansion?

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

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