Global Vegan Cosmetics and Personal Care Ingredients Market was estimated at USD 10.4 billion in 2023 and is poised to grow up to USD 21.8 billion by 2030, registering a CAGR of 7.5% during the forecast period ranging between 2025 and 2030.

Published Date: Sep, 2024

Global Vegan Cosmetics and Personal Care Ingredients Market was estimated at USD 10.4 billion in 2023 and is poised to grow up to USD 21.8 billion by 2030, registering a CAGR of 7.5% during the forecast period ranging between 2025 and 2030.

Vegan cosmetics are the cosmetic products that do not contain any ingredients derived from animals while their processing. Instead of which, plant-based alternatives are used as ingredients. These ingredients include coconut oil, aloe vera and other essential oils. A wide rang eof these products are available that include makeup, haircare, skincare and fragrances. The shift of consumers from traditional to vegan lifestyle is the major growth driver of this market. Also the stringent government policies in specific regions of the world and their growing support against animal testing play important role in the growth of the market. The growing concerns over environmental impacts, to reduce carbon footprints and plastic waste by the buyers and manufacturers also fuel the market growth. Furthermore, the growing health consciousness among consumers drives the demand for vegan cosmetic and healthcare products. The awareness and visibility of these products facilitated by celebrity endorsements and the social media influencers encourage the young generation to use their products which boost their demand and market growth. However, supply chain transparency and misconceptions among consumers regarding the effectiveness of vegan products despite their growing awareness the major constraints faced by the global vegan cosmetics and personal care ingredients market that is hindering its growth. 

Browse 75 market data Tables and 50 Figures spread through 199 Pages and in-depth TOC on Global Vegan Cosmetics and Personal Care Ingredients Market By Products (individual consumers, salons and spas), By End Use (skincare, haircare, makeup and fragrances), By Packaging (Sustainable & Eco-friendly and Refillable), By Ingredients (plant-based oils, herbal extracts and fruit-derived pigments), By Price Points (mass, mid-range and premium) and By Distribution Channels (eCommerce platforms and retail) and By Geography (North America, Europe and Asia Pacific) - Global Forecast from 2025 to 2030.

Global Vegan Cosmetics and Personal Care Ingredients Market Segmentation and Key Players

Segment / Key Players

Categorization

Products

Mass, Mid-range and Premium

End Use

Skincare, Haircare, Makeup and Fragrances

Packaging

Sustainable & Eco-friendly and Refillable

Ingredients

Oils, Herbal Extracts and Fruit-derived Pigments

Price Points

Mass, Mid-range and Premium

Key Players

Loreal SA, Cottage Holdco B.V. (Coty Company), MuLondon, Beauty Without Cruelty, E.L.F. Cosmetics Company

By end use, individual consumer dominate the global vegan cosmetics and personal care ingredients market

The global vegan cosmetics and personal care ingredients market is segmented by end use into individual consumers, salons, and spas. Out of these segments, the individual consumer segment holds the largest share and is expected to dominate the market with its higher market revenues and due to higher adoption of vegan lifestyles by consumers, particularly the Gen Z and millennials.

"The North America is projected to register the fastest CAGR during the forecast period, i.e., 2025-2030 in the global vegan cosmetics and personal care ingredients market.”

North America currently leads the global vegan cosmetics and personal care ingredients market and is ancipated to grow due to rising consumer awareness and concerns over cruelty to animals during the forecast period . 

Some of the key players in this market are Loreal SA, Cottage Holdco B.V. (Coty Company), MuLondon, Beauty Without Cruelty, E.L.F. Cosmetics Company

The global vegan cosmetics and personal care ingredients market report offers a comprehensive market segmentation analysis along with estimation for the forecast period 2025–2030.

Global Vegan Cosmetics and Personal Care Ingredients Market coverage (By Value)

  • Products Insight and Forecast 2025 - 2030
    • Individual Consumers
    • Salons
    • Spas
  • End Use Insight and Forecast 2025 - 2030
    • Skincare
    • Haircare
    • Makeup
    • Fragrances
  • Packaging Insight and Forecast 2025 - 2030
    • Sustainable & Eco-friendly
    • Refillable
  • Ingredients Insight and Forecast 2025 - 2030
    • Plant-based Oils
    • Herbal Extracts
    • Fruit-derived Pigments
  • Price Points Insight and Forecast 2025 - 2030
    • Mass
    • Mid-Range
    • Premium

Geographical Segmentation

Global Vegan Cosmetics and Personal Care Ingredients Market by Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France 
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific