Reportstack has announced a new market research report on the Global Yeast Market 2015-2019. One key trend upcoming in this market is the growing demand for bio-ethanol as fuel. The demand for bio-ethanol is increasing because of the low availability of fossil fuel and an increase in the number of ethanol/gasoline flex-fuel cars. The Global Yeast market is expected to grow at a CAGR of 8.44 percent during the forecast period pf 2014-2019.
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The market is predominantly driven by the growing demand for bakery products and natural flavoring. China, one of the developing countries, has emerged as the leading manufacturer and export hub in the world because of its low-cost manpower, favorable government subsidies, and downstream processing capacity additions. “Increased awareness of health concerns among consumers is resulting in increased spending on products containing high nutritional value and health benefits,”
“Yeast contains various vitamins, such as vitamin B12, proteins, and fiber, which are essential for the human body.” To define the market conditions in the next 3-4 years, The analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
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