India’s seaweed industry trends

Published 2023년 9월 11일

Tridge summary

India has high potential for the development of its seaweed industry due to its long coastline and availability of undeveloped areas for farming. However, there are challenges such as the lack of automation technology and professional manpower, low interest and research investment, and the absence of established policy guidelines. The Indian government has invested in the industry and set a goal of producing 11.5 million metric tons of seaweed biomass in the next five years, including the creation of a seaweed production complex called Seaweed Park in Tamil Nadu.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A leap forward in seaweed farming using terrain surrounded by the sea Although it is in the early stages of relying on harvesting, it is evaluated as having high potential for development. Approximately 340 sites capable of production are expected to reach 9.7 million tons per year. The seaweed industry has high growth potential, but the government is also interested in it due to insufficient supply. According to data from the Food and Agriculture Organization of the United Nations (FAO), India's seaweed production in 2018 ranked 13th, accounting for 0.2% of the global market. India's seaweed industry is currently in the early stages of development, but is evaluated to have high development potential due to regional characteristics. The country's coastline bordering the sea is 7,516 km, and the area available for seaweed cultivation is estimated at 193,834 km2. Meanwhile, global seaweed production has increased nearly 1,000 times from 34,000 tons in 1950 to 34 million tons in ...
Source: Fisheco

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