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HinduBusinessLine

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Seaweed farming gaining momentum as it turns to be game-changer for economy, environment

  • Seaweed farming is gaining momentum as a game-changer for the economy and the environment.
  • The global seaweed market is valued at $16.5 billion in 2022, highlighting the sector's immense potential.
  • Successful adoption of Integrated Multi-Trophic Aquaculture (IMTA) system has improved yields and income for seaweed farmers.
  • Applications of seaweed extend to various industries, including food, cosmetics, and pharmaceuticals, offering diversified market opportunities.

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