Gmi Research12 Dec, 2022Business
The Vegan Cosmetics Market was estimated around USD 14.8 billion in 2021 and is expected to reach USD 24.4 billion by 2029, growing at a CAGR of 6.4% over the forecast period (2022-2029). The factors driving the growth of Vegan Cosmetics Market includes growing concerns related to animal welfare, rising focus by manufacturers on producing 100% vegan and cruelty free cosmetics, changing consumers preference, and increasing use of plant-based ingredients in vegan cosmetic products and improvements in living standards.
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