Publication:
Global Seaweed: New and Emerging Markets Report, 2023

dc.contributor.authorWorld Bank
dc.date.accessioned2023-08-14T17:32:05Z
dc.date.available2023-08-14T17:32:05Z
dc.date.issued2023-08-14
dc.description.abstractWith its ability to sink carbon, sustain marine biodiversity, employ women, and unlock value chains, seaweed farming demonstrates how development, climate, and nature work together to generate value and uplift communities. Seaweed farming can help build a world free of poverty on a livable planet and has enormous growth potential. This report has identified ten global seaweed markets with the potential to grow by an additional USD 11.8 billion by 2030. Yet, much of the seaweed sector’s value remains untapped - it has clear growth potential beyond its current markets. Today, most farmed seaweed is used for direct human consumption, as fresh feed in aquaculture, or as hydrocolloids. However, seaweed-farmed products may be able to displace fossil fuels in sectors such as fabrics and plastics; can provide ecosystem services, such as carbon sequestration and nitrogen cycling; and can generate socioeconomic benefits in fragile coastal communities. Further, the market is currently dominated by a handful of Asian countries, which produce 98 percent of farmed seaweed by volume globally. Opportunities for growth in new regions and applications are high.en
dc.identifierhttp://documents.worldbank.org/curated/en/099081423104548226/P175786073c14c01609fe409c202ddf12d0
dc.identifier.doi10.1596/40187
dc.identifier.urihttps://openknowledge.worldbank.org/handle/10986/40187
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectSEAWEED
dc.subjectSEAWEED PRODUCTION
dc.subjectSEAWEED MARKETS
dc.subjectECOSYSTEM SERVICES
dc.subjectBLUE CARBON
dc.subjectMETHANE REDUCTION
dc.subjectBIODIVERSITY
dc.titleGlobal Seaweeden
dc.title.subtitleNew and Emerging Markets Report, 2023en
dc.typeReport
dspace.entity.typePublication
okr.crossref.titleGlobal Seaweed: New and Emerging Markets Report, 2023
okr.date.disclosure2023-08-14
okr.date.lastmodified2023-08-14T00:00:00Zen
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099081423104548226/P175786073c14c01609fe409c202ddf12d0
okr.guid099081423104520569
okr.guid099081423104548226
okr.identifier.docmidP175786-73c14c4d-2ce0-4216-9fe4-9c202ddf12d0
okr.identifier.doihttp://dx.doi.org/10.1596/40187
okr.identifier.externaldocumentum34143225
okr.identifier.internaldocumentum34143225
okr.identifier.report184506
okr.import.id1465
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/099081423104548226/pdf/P175786073c14c01609fe409c202ddf12d0.pdfen
okr.region.geographicalWorld
okr.sectorFisheries,Agricultural markets, commercialization and agri-business
okr.themeInclusive Growth,Mitigation,Job Creation,Investment and Business Climate,Human Development and Gender,Economic Policy,Food Security,Nutrition,Economic Growth and Planning,Environment and Natural Resource Management,Enterprise Development,Private Sector Development,MSME Development,Climate change,Jobs,Business Enabling Environment,Adaptation,Renewable Natural Resources Asset Management,Nutrition and Food Security,Fisheries Policies and institutions
okr.topicAgriculture::Agriculture & Farming Systems
okr.topicSocial Protections and Labor::Labor Markets
okr.topicHealth, Nutrition and Population::Nutrition
okr.unitAgriculture and Food GE (SAGGL)
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