New Report Global Yeast Industry: Industrial Applications and Market Forecast (2010-2015) Published by MarketsandMarkets
Dallas, TX -- (SBWire) -- 09/02/2010 -- Yeasts are used in the baking industry, for antibiotic production in the pharmaceutical industry and for ethanol production. The global yeast industry is expected to grow at a rate of nearly 10% and is expected to reach $5 billion mark in the next five years due to increasing global demand for Bakes yeast and autolysates especially in the bioethanol industry. The demand is increasing as yeast and yeast products are being increasingly used to extract biofuels from sugarcane and cereals primarily in countries like the US and Brazil. In pharmaceutical industry increased demand for probiotic supplements is also expected to boost the demand for yeast products. In this research report the global market for yeast is categorized on the basis of products, applications, and geographies. Global revenues and trends are forecasted for individual macro and micro markets.
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