SOURCE: Industrial Info Resources

Industrial Info Resources

May 20, 2013 06:15 ET

Dwindling U.S. Tobacco Market May Find New Life With Biofuels, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - May 20, 2013) - Researched by Industrial Info Resources (Sugar Land, Texas) -- With the tobacco market dwindling, tobacco farmers may find new life in the biofuels market. The U.S. tobacco market has grown only 1.2% over the past six years, and that's due to international growth. Domestic sales of cigarettes, cigars and smokeless tobacco fell an estimated 2.5% over the past year, as many U.S. smokers are quitting or turning to alternatives like electronic cigarettes.

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