8.2.1    Market Trends         8.4.1    Market Trends     5.1    Market Overview The Food and Agriculture Organization of the United Nations recently reported that world aquaculture production of aquatic algae in 2012 totaled 23.8 million tonnes, for a value of US $6.4-billion.             9.4.2.1 Market Trends The next 8 crops would cost … 4    Introduction Figure 42: Malaysia: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019 Figure 81: Middle East and Africa: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025         2.4.2    Top-Down Approach         9.5.1    Saudi Arabia As for the cost of establishing a seaweed farm, everyone I talked to in Ireland is dubious of the figures that Smith cites.         9.3.3    Spain Figure 86: South Africa: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019 In 2012, the most recent data collected by the World Bank, the annual global seaweed production was 3m tons dried. Unlike Graham’s farm, almost all other seaweed farms operate in waters offshore. W hen seaweed farming was unheard of in India, Abhiram Sethi was driving a project for PepsiCo.             9.4.6.1 Market Trends Add lease fees, seed expense, and labor costs, and the average farm would lose money, excluding capital costs, unless it … Marquez is among a network of seaweed farmers, mostly on the east coast, who are advocates of using a system called 3D ocean farming, which grows seaweed and shellfish together on long vertical floating ropes. Figure 20: Global: Seaweed (Processed Foods) Market: Consumption Volume (in Million Tons), 2014 & 2019 What are the various stages in the value chain of the global seaweed industry?         8.5.2    Market Forecast     11.1    Input Supplier             9.4.2.2 Market Forecast Figure 92: Global: Seaweed Industry: Porter’s Five Forces Analysis Figure 6: Global: Seaweed Market: Breakup by Application (in %), 2019         8.6.2    Market Forecast Figure 87: South Africa: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025 Figure 8: Global: Seaweed Market Forecast: Production Volume (in Million Tons) 2020-2025         7.1.2    Market Forecast GreenWave sells its fresh seaweed (not dried) to corporate customers such as Patagonia and Google. The World Bank estimates global seaweed production could reach 500m dry tons by 2050 if the market is able to increase its harvest 14% per year. 12    Porters Five Forces Analysis         9.3.5    Others             9.5.3.1 Market Trends The farming of seaweed has expanded rapidly as demand has outstripped the supply available from natural resources. Hitting that 500m mark would boost the world’s food supply by 10% from the current level, create 50 million direct jobs in the process and, as a biofuel, replace about 1.5% of the fossil fuels used to run vehicles. Moreover, seaweeds are rich in bioactive compounds, antioxidants, and antimicrobial properties, which makes them suitable for several medical purposes in the pharmaceutical industry. enhance our services. There are also personnel and transport costs associated with building, maintaining, harvesting and transporting the seaweed… Figure 83: Saudi Arabia: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025 Seaweed farming or kelp farming is the practice of cultivating and harvesting seaweed.In its simplest form, it consists of the management of naturally found batches.     8.3    Hydrocolloids Figure 39: Philippines: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025 ... "The main bottleneck is energy cost. Graham decided not to do open-water seaweed farming partly because of the long wait times for California permits and the costs of operating a boat to harvest the seaweed. Figure 11: Global: Seaweed (Aquaculture) Market Forecast: Production Volume (in Million Tons), 2020 - 2025 It’s slippery to the touch, smells like the sea, and tastes a bit like salty kale.     14.1    Market Structure Figure 14: Global: Seaweed (Red) Market: Production Volume (in Million Tons), 2014 & 2019             9.3.2.2 Market Forecast Is this a good thing? Figure 71: Mexico: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025 What are the key driving factors and challenges in the global seaweed market?     12.2    Bargaining Power of Buyers Seaweed, which can grow rapidly and efficiently, provides plant-based proteins and shows promise as a source of biofuel to replace fossil fuels. Figure 24: Global: Seaweed (Hydrocolloids) Market: Consumption Volume (in Million Tons), 2014 & 2019         5.4.2    Value Trends Growing seaweed this way requires little maintenance, little feed and no fertilizers, says its designer, Bren Smith, a seaweed farmer in Connecticut.     10.1    Overview Figure 50: United States: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019         8.6.1    Market Trends     10.2    Strengths Figure 46: Others: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019     14.3.4     Irish Seaweeds Table 1: Global: Seaweed Market: Key Industry Highlights, 2019 and 2025     14.3.6     Mara Seaweeds Figure 64: Others: Seaweed Market: Production Volume (in Million Tons), 2014 & 2019             9.3.2.1 Market Trends     14.3.7     Qingdao Gather Great Ocean Algae Industry Group (GGOG) Among the prevailing livelihood activities, seaweed farming …             9.2.2.2 Market Forecast Figure 37: Indonesia: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025 The current price for wet seaweed (Kelp) is £4 per kilogram, a 100m line will give you around 1500 Kg of wet seaweed, some lines may be less some maybe more. There’s a major startup cost for creating the farm, however. Still, California is home to many aspiring seaweed growers.     4.1    Overview The competitive landscape of the industry has also been examined with some of the key players being Acadian Seaplants Limited, Cargill Incorporated, DuPont de Nemours, Inc., Irish Seaweeds, Leili, Mara Seaweeds, Qingdao Gather Great Ocean Algae Industry Group (GGOG), etc. Much of the world’s seaweed is produced in large sea-based farms off the coasts of China, Indonesia, the Philippines, South Korea and Japan. 9    Market Breakup by Region         2.4.1    Bottom-Up Approach             9.5.2.2 Market Forecast Production stages for the farming … Figure 22: Global: Seaweed (Direct Human Consumption) Market: Consumption Volume (in Million Tons), 2014 & 2019         8.4.2    Market Forecast Figure 49: North America: Seaweed Market Forecast: Production Volume (in Million Tons), 2020 – 2025 List of Tables     It is a part of aquaculture and the farming has been regularly developed in many countries including China, Korea, Japan, and other … Just 320 or         5.2.2    Value Trends Philippine carrageenan costs P_____ ($7-8) per kg; this is about 50% cheaper than the American processed carrageenan (which is produced at $15 per kg) (Manila Bulletin, December 6, 1990). He was working as a Director in-charge of exports in agriculture. In fact, the 2012 world production of seaweeds had a…

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