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Algae

Report sets out path to $1bn Australian seaweed industry

Investment of AUD 8.1m could yield an industry worth AUD 100m by 2025, but a 2040 goal of AUD 1.5bn -- via ocean cultivation and advanced processing -- is far more ambitious

By Neil Ramsden | Sept. 22, 2020 08:55 BST
A diver inspecting juvenile giant kelp. Credit: Cayne Layton, Institute for Marine and Antarctic Studies, University of Tasmania
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Australia can develop an AUD 1.5 billion ($1.1bn) seaweed industry by 2040, according to an in-depth study from the Australian Seaweed Institute (ASI).  [...]

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