Maine’s edible seaweed industry may double production in next five years
March 4, 2020
ew research indicates that Maine's edible seaweed production will grow an average of 12% to 15% annually over the next decade and is expected to more than double by 2025.
The Island Institute published the report, which describes the growth potential for Maine's edible seaweed market over the next 15 years.
More than 95% of edible seaweed products in the U.S. are currently imported, yet Maine waters provide excellent conditions for growing quality sea vegetables locally, the institute said in a news release.
The Edible Seaweed Market Study provides an analysis of Maine’s edible seaweed market conditions and indicates how investments in the sector could enhance Maine’s coastal economy by diversifying marine livelihoods and providing new supply-chain businesses and jobs.
The study compiles research by business analysts who conducted interviews with edible seaweed harvesters, processors, researchers, retailers, and industry experts in Maine, Alaska, New England, California and the Pacific Northwest. The report is designed to be a critical resource for the Maine seaweed aquaculture industry.