SAN FRANCISCO, July 10, 2017 /PRNewswire/ --
The global breastfeeding accessories market is anticipatedto reach USD 2.4 billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to exhibit lucrative growth during the forecast period, owing to rising consumer awareness about breastfeeding
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Worldwide declining infant mortality rate is expected to fuel the demand for breastfeeding accessories. For instance, according to statistics provided by the World Health Organization (WHO), the infant mortality-rate has declined from around 63 deaths per 1000 births in 1990 to 32 deaths per 1000 births in 2015, more specifically, decreased from 8.9 million in 1990 to 4.5 million in 2015.
Additionally, as per statistics published by the U.S. Centers for Disease Control and Prevention (CDC), the infant mortality-rate in the U.S. declined from 6.86 infant deaths per 1,000 births in the year 2005 to 5.82 in 2014 (15.0% decrease). This decreasing infant mortality rate is expected to grow their population, resulting in growing target customer base for breastfeeding accessories.
Continuous encouragement from various government across the world to breast feed babies up to the age of 6 months coupled with support from international agencies for arranging campaigns in order to increase awareness about breastfeeding are expected to support the breastfeeding accessories market growth. Additionally, rising trend of delayed parenthood after gaining financial security is anticipated to increase the spending on premium baby products, thereby assisting in the growth of this vertical.
Browse full research report with TOC on "Breastfeeding Accessories Market Analysis By Product (Nipple Care Products, Breast Shells, Breast Pads, Baby Scales, Breastmilk Storage & Feeding, Other Accessories), And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/breastfeeding-accessories-market
Further key findings from the report suggest:
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Grand View Research has segmented the global breastfeeding accessories market on the basis of product and region:
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About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: +1-415-349-0058 Toll Free: +1-888-202-9519 Email: firstname.lastname@example.org
SOURCE Grand View Research, Inc.
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