Current Status of Global Cultivated Seaweed Production and Markets

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Abstract: 

Even with seaweed aquaculture growing rapidly over the last decade, global demand for seaweed-based products has surpassed supply. There is a large and diverse array of applications and uses of macroalgal products. The seaweed industry is estimated to have an annual value of some US$6 billion, the largest share of which (US$5 billion) is human food products. The remaining US$1 billion is largely based on seaweed extracts, such as hydrocolloids for use in animal feeds, fertilizers and bioactives.

Author(s): 
Sasi Nayar
Kriston Bott
Keywords: 
seaweed production, supply
Article Source: 
World Aquaculture
Category: 
Aquaculture methods
Ecological Services
Economics
Food Security or Needs
Geography
Uses of Seaweeds: Chemicals
Uses of Seaweeds: Feed
Uses of Seaweeds: Food
Uses of Seaweeds: Fuel or Energy
Uses of Seaweeds: Miscellaneous