The global vegan cosmetics market shows no signs of slowing. In fact, according to a new study by IMARC Group, as noted by Happi.com, “the market grew at a CAGR of 7% during 2014-2019, a trend that is expected to continue through 2026.” In addition, according to Forbes, “The majority of consumers may not consume a vegan diet, but the vegan beauty market is on the rise—projected to reach $21.4 billion by 2027. Vegan beauty, which means the products are void of animal ingredients, is not new, but the demand for it seems stronger. No longer a fringe category, vegan skincare and makeup products are sold at mainstream retailers.” With demand only gaining momentum, some of the top companies to watch include Better Plant Sciences Inc. (CSE:PLNT)(OTC:VEGGF), Target Corporation (NYSE:TGT), Ulta Beauty (NASDAQ:ULTA), Else Nutrition Holdings Inc. (TSXV: BABY)(OTC: BABYF), and PlantX Life (CSE:VEGA)(OTC:PLTXF).
Look at Better Plant Sciences Inc. (CSE:PLNT)(OTC:VEGGF), for example
Better Plant Sciences Inc., a wellness company that develops and sells sustainable, plant-based products that are better for health and better for the earth, is pleased to announce that its Urban Juve product line is now available at four locations of Blush Lane Organic Market. The parent company of Blush Lane Organic Market is Freshlocal Solutions Inc., a company that provides end-to-end grocery eCommerce solutions in Alberta and British Columbia through its brick and mortar store locations operating under the Blush Lane and Be Fresh banners, as well as through SPUD.ca which is Freshlocal’s award-winning online eGrocery platform.
The full Urban Juve product line is now available in the following Blush Lane Organic Market locations:
- Bridgeland, Calgary
- Aspen Woods, Calgary
- Whyte Avenue, Edmonton
- Marda Loop, Calgary
“Freshlocal Solutions focus on reducing environmental impact aligns well with our mission to accelerate growth in a sustainable way”, says Amber Allen, Director of Sales at Better Plant. “As we expand the accessibility of our brands, this is something that we put first. Freshlocal Solutions is a B Corp Certified company that practices rigorous standards of social and environmental performance, accountability, and transparency. They are committed to responsible and sustainable products, making it an excellent fit for Urban Juve.”
The plant-based Ayurvedic skincare line consists of three face and body mists, four massage oils, a face serum, and a lip balm. Urban Juve is available at brick-and-mortar stores across Canada and for shipping worldwide from urbanjuve.com.
Better Plant is committed to building a strong educational foundation and identifies as a wellness education brand. It accomplishes this through providing distributors and retailers with ongoing high-level product training and wellness education.
Other related developments from around the markets include:
Target Corporation and Ulta Beauty shared details about the highly anticipated Ulta Beauty at Target, slated to begin rolling out in more than 100 Target stores nationwide and online with more than 50 specially curated prestige brands this August. The differentiated retail concept pairs Ulta Beauty's industry authority with Target's beloved experience, bringing a one-of-a-kind beauty experience to millions of guests. The companies are planning for these experiential "shop-in-shops" to reach a total of 800 Target stores across the country in the coming years. "As the retail and beauty industries continue to evolve, we take pride in being leaders that continually redefine and elevate guest experiences. Ulta Beauty at Target reflects our commitment to drive the industry forward and keep our guests meaningfully engaged," said Kecia Steelman, chief operating officer, Ulta Beauty. "Our dynamic teams have worked together to create a disruptive, exciting way to discover prestige beauty with a thoughtfully curated assortment and knowledgeable, approachable experts to serve as beauty gurus."
Else Nutrition Holdings Inc. will be expanding its reach into the Western U.S. and mountain regions with its new listing in all 19 Harmon’s Grocery locations. Based out of Utah, Harmons is a leader in the grocery space in Utah, with its upscale, family-oriented approach. Harmon’s Grocery is one of the few remaining locally-owned and operated grocery chains in Utah.
PlantX Life announced the launch of its meal delivery service in the United States. The new program, called XFood, provides access to an exclusive variety of innovative plant-based meals designed by distinguished vegan Chef and PlantX Culinary Chief Officer, Matthew Kenney. XFood enables customers to order 3-day meal plans comprised of six à la carte lunch and dinner meal options, as well as six cold-pressed juices from recently acquired juice company, Little West. Customers are able to choose from a comprehensive list of vegan recipes creatively designed and curated by Chef Matthew Kenney, such as orange chicken mushroom with broccoli and brown rice, sweet soy and lemongrass glazed tempeh, kung pao cauliflower with tofu and zucchini and mushroom probiotic bibimbap. Additionally, consumers can order various add-ons to their meal package, including breakfast foods, snacks, sweet treat items or additional Little West juices.
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