Booming vegan beauty product market

By: Trademagazin editor Date: 2023. 03. 09. 15:54

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In 2021 The Vegan Society published a study in the United Kingdom, which found that 56% of shoppers would like to see more vegan-verified cosmetic and toiletry products in shops.

Demand for vegan beauty products has been soaring

Meanwhile an earlier survey by the Fund for Replacement of Animals in Medical Experiments (FRAME) revealed that 84% of Brits wouldn’t buy a cosmetic product if they knew if any of its ingredients were tested on animals. MarketGlass forecasts that the value of the global vegan cosmetics industry will reach USD 21.4bn by 2027. //

This article is available for reading in Trade magazin 2023.2-3.