The EU decided to develop oceanic farming

Published 2024년 7월 20일

Tridge summary

The EU's Seaweed Initiative seeks to enhance sustainable algae production and consumption in Europe, with the market projected to reach €9 billion by 2030 due to high demand across various industries. The initiative outlines 23 steps in regulatory, business, and educational sectors to support industry growth. Felix Leinemann from the European Commission emphasizes the potential for increased algae demand and identifies the Atlantic and North Sea coastal areas as ideal for farming. Additionally, the initiative aims to offer fishermen opportunities to diversify their activities and income through regenerative ocean farming.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is the aim pursued by the EU's seaweed initiative, writes Euronews. It is expected that by 2030, the volume of the European algae market will reach €9 billion, which will be driven by high demand in the food, cosmetic, pharmaceutical and energy industries. "The EU Algae Initiative is an action plan to increase the sustainable production and consumption of algae in Europe. We implement it through 23 steps in various industries. These are regulatory and legal acts, business conditions, and the search for ways to improve the industry. We pay attention to the awareness of the population, consumers and, ultimately, to the gaps in knowledge, because we still don't know much," explained Felix Leinemann, Head of the Blue Economy, Aquaculture and Marine Spatial Planning Department at the European Commission's Directorate-General for Maritime Affairs and Fisheries . The expert reminds: within a decade, the demand for algae may increase sixfold. "That's why we need to produce our own," ...

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