Why Demand For Seaweed Is About To Boom

CNBC published this video item, entitled “Why Demand For Seaweed Is About To Boom” – below is their description.

Seaweed is used in more than just sushi. It can be found in almond milk, baby food and lotion. Kelp is used in medicine, animal feed, fertilizer and even as a biofuel. That’s why the commercial seaweed market size could surpass $85 billion by 2026, according to Global Market Insights. Seaweed farmer Bren Smith says all one needs to start in the business is $20,000, twenty acres and a boat, and that investment in a single seaweed farm can net up to $90,000 to $120,000 per year. Here’s why the global demand in seaweed is expected to boom in the coming years.

CNBC YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.


About This Source - CNBC

CNBC is an American pay television business news channel owned by NBCUniversal News Group, a division of NBCUniversal, with both indirectly owned by Comcast. Headquartered in Englewood Cliffs, New Jersey, the network primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.

Recent from CNBC:

Why the world is rushing back to the moon 1

Why The World Is Rushing Back To The Moon

Can Amazon And Hyundai Solve Online Car Sales?

What is quiet cutting? #Shorts

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.