Provided is a magenta toner having a magenta toner particle containing a binder resin, a colorant, a wax, a wax dispersant, and a crystalline polyester, wherein the wax dispersant is a graft polymer in which a styrene acrylic resin is grafted to a hydrocarbon compound, and the styrene acrylic resin has a monomer unit having a saturated alicyclic group, the colorant contains C.I. Pigment Red 32, and when observing a cross-section of the magenta toner particle using a transmission electron microscope (TEM), crystals of the crystalline polyester are dispersed in the cross-section, and the number average value of maximum lengths of the crystals is 50 nm or less.