The cruelty-free cosmetics market size was valued at USD 14.84 billion in 2023 and is expected to grow at a CAGR of 6.8% from 2024 to 2030. This growth is attributed to increasing consumer awareness and demand for ethical and sustainable beauty products, stringent regulations against animal testing, and innovations in alternative testing methods.
Read More »August 2, 2024
The global vegan collagen market size was estimated at USD 279.2 million in 2023 and is projected to grow at a CAGR of 36.4% from 2024 to 2030. The increasing global trend of cruelty-free alternatives and plant-based beauty and wellness products is a significant factor driving the growth of the market. Consumers are becoming more aware of the ethical concerns associated with animal-derived collagen sources and are seeking cruelty-free alternatives.
Read More »July 12, 2024
The global vegan women's fashion market size was valued at USD 535.1 billion in 2023 and is projected to grow at a CAGR of 14.1% from 2024 to 2030. The market is driven by the growing popularity of vegan clothing and accessories made from cruelty-free sources among the millennial population worldwide. Many renowned personalities are choosing vegan clothes and accessories, influencing people to choose cruelty-free apparel consciously.
Read More »October 14, 2024
The global vegan omega-3 supplements market size was estimated at USD 1.62 billion in 2023 and is expected to grow at a CAGR of 9.2% from 2024 to 2030. With the growing trend toward veganism and plant-based diets, there is a rising demand for supplements that cater to these lifestyles. Vegan omega-3 supplements, sourced from algae, offer a sustainable and cruelty-free alternative to traditional fish oil supplements.
Read More »July 18, 2024
The global vegan sauces, dressings & spreads market size to be valued at USD 365.8 million by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 8.2% during the forecast period. The growing importance of a vegetarian diet among the consumers as a result of increased awareness regarding cruelty-free products in developed economies, including Germany, the U.K., and France, is expected to have a positive impact on market growth.
Read More »July 21, 2022
The global vegan cosmetics market size was valued at USD 15.17 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.3% from 2022 to 2030. One of the primary factors driving market expansion is the rise of vegan consumerism all across the globe where consumers are against animal cruelty and are seeking cosmetics that do not contain any animal-derived ingredients. Therefore, there is a shift in the cosmetics market mainly propelled by ethically conscious consumers opting for vegan products.
Read More »April 14, 2022
The global luxury vegan men’s fashion market size was valued at USD 26.43 billion in 2024 and is projected to grow at a CAGR of 11.0% from 2025 to 2030. The increasing popularity of vegan clothing and accessories made from cruelty-free sources, coupled with rising consumer focus on animal wellbeing and safety, has been contributing to the greater social acceptance of these products, thereby driving their demand. Increasing disposable income and consumer spending on luxury products are some of the other prominent factors augmenting the demand for luxury vegan men’s fashion globally.
Read More »December 11, 2024
The global murumuru butter cosmetics market size was estimated at USD 634.4 million in 2023 and is expected to grow at a CAGR of 5.8% from 2024 to 2030. The market is primarily driven by increasing consumer demand for natural, organic, and sustainably sourced ingredients in beauty and personal care products. Its highly moisturizing, nourishing, and restorative properties make murumuru butter ideal for hair care, skin care, lip care, and makeup products, particularly for consumers seeking eco-friendly and cruelty-free options.
Read More »September 19, 2024
The global needle-free drug delivery devices market size was valued at USD 13.2 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% during the forecast period, 2024 to 2030. Increasing number of diabetes patients across the world and the requirement of convenient glucose monitoring devices are driving the market. Earlier, type 1 diabetes patients used needles to check glucose, which was a painful practice and involved risk of infections. As needle-free devices are risk free and provide painless experience, demand for these devices is exponentially increasing during the forecast period.
Read More »October 7, 2024
The U.S. medical thermometer market was valued at USD 121.38 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 7.60% from 2023 to 2030. The presence of significant players, the rising prevalence rate of infectious illnesses, the growing R&D efforts, technological advancement, and the rising individual concerns about self-healthcare management all contribute to the growth of the market.
Read More »January 30, 2023