In an increasingly environmentally conscious world, the vegan cosmetics market is set for remarkable growth. According to a study by Mordor Intelligence, this sector is expected to grow from $2.66 billion in 2023 to $3.70 billion by 2028.

Mordor Intelligence is a market research company that provides insights and detailed analyses across a wide range of sectors, including the cosmetics market. Their reports and studies are recognized for offering a comprehensive and up-to-date view of trends, opportunities, and challenges faced by various global markets.

In the specific context of the vegan cosmetics market, Mordor Intelligence conducted research forecasting significant growth in this sector over the next few years. Their reports highlight accurate data on the current market size, expected growth rates, key drivers of this growth, and geographic regions with the highest potential for expansion.

These studies are valuable for businesses and investors seeking to better understand the competitive landscape, identify market opportunities, and make informed strategic decisions. By providing a comprehensive analysis of the vegan cosmetics market, Mordor Intelligence’s research helps guide companies in formulating growth strategies and adapting to the evolving demands of consumers.

This movement is driven by the rising trend of cosmetics and dermocosmetics that are completely free of animal-derived ingredients. In Brazil, this demand is reinforced by legislation that prohibits the use of animals in testing for cosmetic products.

Since March 2023, a resolution by the National Council for Animal Experimentation (Concea), linked to Brazil’s Ministry of Science, Technology, and Innovation (MCTI), explicitly bans the use of animals in research, development, and control of cosmetics, personal care products, and perfumes.

Tatiane Boff, founder of Gaspá Cosmetics, highlights that this legislation reflects a growing trend in the dermocosmetics and vegan cosmetics market. This growth is fueled by environmental awareness and consumers’ search for healthier and more natural products.

“As the industry moves toward the future, it is clear that the rise of vegan dermocosmetics is not just a passing trend. It is a conscious movement towards a more sustainable and ethical world. As more consumers adopt these products, the dermocosmetics and cosmetics industry responds with innovation and an expanded offering. At Gaspá, we are fully aligned with these trends and market demands,” reveals the company’s founder, Tatiane Boff.

Gaspá Cosmetics prides itself on having the Cruelty-Free seal, which ensures that neither the company nor its suppliers conduct animal testing, as well as the Eu Reciclo seal, highlighting its commitment to sustainability. The company also adopts conscious packaging practices, prioritizing easily recyclable materials like glass and biodegradable options.

Moreover, Gaspá invests in nanotechnology to ensure the maximum efficacy of its products. This science, with applications in various sectors beyond cosmetics, such as food and chemicals, provides significant benefits to the products it manufactures.

“Tatiane Boff explains that nanoparticles are widely used in cosmetics due to their ability to enhance the action of active ingredients in formulations. This technology operates on a nanometric scale, where the particles are extremely small, offering several benefits, such as facilitating the penetration of active ingredients into the skin, reducing undesirable effects, and enabling the gradual release of cosmetic actives onto the skin,” she states. “These features improve the effectiveness of the products. In a constantly growing and highly competitive market, this quality is crucial to ensuring customer satisfaction and solidifying products within the industry,” she adds.

Animal Testing:

Products that do not undergo animal testing are those developed and manufactured without using animals to assess their safety or efficacy. These products are made by companies that choose alternative testing methods, such as in vitro testing, computational models, clinical trials on human volunteers, and the use of ingredients already known to be safe.

The decision to refrain from animal testing is often driven by ethical concerns regarding animal welfare but can also align with consumer demands for more ethical and sustainable products. Companies adopting this approach typically display certifications such as the Cruelty-Free seal to indicate to consumers that their products are free from animal testing.

In addition to cosmetics, this ethical practice is also found in a variety of other products, including household cleaning products, personal care items, pharmaceuticals, and more. The movement toward animal testing-free products continues to grow as more consumers become aware of animal welfare issues and seek more ethical options in their purchasing decisions.

The growth of the vegan cosmetics market reflects a shift in consumer mindset, with increasing concerns about environmental, ethical, and health issues. Awareness of the cosmetics industry’s impact on the environment and animals has led many people to choose products that align with their values.

The ban on animal testing for cosmetics in Brazil is an important milestone, as it demonstrates the country’s commitment to animal welfare and the pursuit of more ethical alternatives in the cosmetics industry.

Additionally, the growing availability of vegan products and improvements in their quality and efficacy have also fueled the market’s growth. More companies are investing in research and development of natural and alternative ingredients, contributing to diversification and innovation in the sector.

With the growing demand for vegan cosmetics, more companies are expected to enter the market, leading to a greater supply of products to meet the needs of conscious consumers. This movement represents not only a business opportunity but also a step toward a more sustainable and ethical future for the cosmetics industry.

Veganism:

Veganism is a lifestyle that seeks to exclude all forms of animal exploitation and cruelty, both for food and in other areas such as clothing, cosmetics, entertainment, and scientific research. Vegans aim to avoid using animal products and opt for plant-based alternatives.

In food, vegans do not consume meat, fish, dairy, eggs, and other animal-derived products. Instead, they rely on a variety of plant-based foods, such as fruits, vegetables, legumes, grains, nuts, and seeds, to meet their nutritional needs.

Beyond food, vegans also avoid using animal-derived products in other areas of their lives. This includes clothing made from leather, wool, silk, and other animal materials, as well as personal care products and cosmetics that contain animal-derived ingredients or have been tested on animals.

Veganism is motivated by ethical concerns regarding the treatment of animals, as well as environmental and health concerns. Many vegans believe that avoiding animal products can help reduce animal exploitation, lessen the environmental impact of animal agriculture, and promote a healthier life.

By adopting a vegan lifestyle, individuals have the opportunity to make conscious choices that reflect their values and contribute to a more compassionate and sustainable world.