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

dc.contributor.author World Bank
dc.date.accessioned 2023-08-14T17:32:05Z
dc.date.available 2023-08-14T17:32:05Z
dc.date.issued 2023-08-14
dc.description.abstract With 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.identifier http://documents.worldbank.org/curated/en/099081423104548226/P175786073c14c01609fe409c202ddf12d0
dc.identifier.uri https://openknowledge.worldbank.org/handle/10986/40187
dc.language English
dc.language.iso en_US
dc.publisher Washington, DC: World Bank
dc.rights CC BY-NC 3.0 IGO
dc.rights.holder World Bank
dc.rights.uri https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject SEAWEED
dc.subject SEAWEED PRODUCTION
dc.subject SEAWEED MARKETS
dc.subject ECOSYSTEM SERVICES
dc.subject BLUE CARBON
dc.subject METHANE REDUCTION
dc.subject BIODIVERSITY
dc.title Global Seaweed en
dc.title.subtitle New and Emerging Markets Report, 2023 en
dc.type Report
dspace.entity.type Publication
okr.crossref.title Global Seaweed: New and Emerging Markets Report, 2023
okr.date.disclosure 2023-08-14
okr.date.lastmodified 2023-08-14T00:00:00Z en
okr.doctype Economic & Sector Work
okr.docurl http://documents.worldbank.org/curated/en/099081423104548226/P175786073c14c01609fe409c202ddf12d0
okr.guid 099081423104548226
okr.identifier.docmid P175786-73c14c4d-2ce0-4216-9fe4-9c202ddf12d0
okr.identifier.doi http://dx.doi.org/10.1596/40187
okr.identifier.externaldocumentum 34143225
okr.identifier.internaldocumentum 34143225
okr.identifier.report 184506
okr.import.id 1465
okr.imported true en
okr.language.supported en
okr.pdfurl http://documents.worldbank.org/curated/en/099081423104548226/pdf/P175786073c14c01609fe409c202ddf12d0.pdf en
okr.region.geographical World
okr.sector Fisheries,Agricultural markets, commercialization and agri-business
okr.theme Inclusive 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.topic Agriculture :: Agriculture & Farming Systems
okr.topic Social Protections and Labor :: Labor Markets
okr.topic Health, Nutrition and Population :: Nutrition
okr.unit Agriculture and Food GE (SAGGL)
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