A family of logarithmic Sobolev inequalities on finite dimensional quantum state spaces is introduced. The framework of non-commutative \documentclass[12pt]{minimal}\begin{document}$\mathbb {L}_p$\end{document}Lp-spaces is reviewed and the relationship between quantum logarithmic Sobolev inequalities and the hypercontractivity of quantum semigroups is discussed. This relationship is central for the derivation of lower bounds for the logarithmic Sobolev (LS) constants. Essential results for the family of inequalities are proved, and we show an upper bound to the generalized LS constant in terms of the spectral gap of the generator of the semigroup. These inequalities provide a framework for the derivation of improved bounds on the convergence time of quantum dynamical semigroups, when the LS constant and the spectral gap are of the same order. Convergence bounds on finite dimensional state spaces are particularly relevant for the field of quantum information theory. We provide a number of examples, where improved bounds on the mixing time of several semigroups are obtained, including the depolarizing semigroup and quantum expanders.