WHY SEAWEED & MICROALAGE?
Seaweed/Microalgae Potential for DMCs
SOLUTION PROVIDERS
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Seaweed and microalgae represent powerful nature-based solutions addressing food security, climate resilience, environmental sustainability, and inclusive economic growth. Farmed seaweed, the dominant form of cultivated macroalgae, exceeded 35 million tonnes, valued at around 11.8 billion dollars, making it one of the fastest-growing aquaculture sectors globally. The global microalgae market was valued at approximately 3.7 billion dollars and is projected to double by 2032, driven by demand for high-value applications in nutrition, biofuels, pharmaceuticals, and wastewater treatment. Both require no arable land, freshwater, or synthetic inputs, while offering carbon and nutrient sequestration, ecosystem restoration, and livelihood benefits. As scalable blue carbon resources, seaweed and microalgae are increasingly recognised in global climate, biodiversity, and circular economy strategies.
Seaweed/Microalgae Innovations Wanted
Precision Agriculture & Soil Health
Food & Nutrition Security
Biofuels & Biomaterials
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Marine Health & Pollution Reduction
High-Value Compounds
SOLUTION SEEKERS
Climate Mitigation