Global Vegan Beauty Products Market Size
Market for vegan beauty products was valued at US$ 15.45 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 5.52% to reach US$ 26.32 billion by 2030.
A product is considered vegan if it is free of any ingredients that come from animals or are derived from animals. Additionally, it indicates that neither the finished product nor any of its ingredients or components were subjected to animal testing, which results in millions of animals' annual suffering and death. These tests are frequently excruciating.