Seaweed Farming Boom: Seaweed farming is gaining global recognition as a sustainable and profitable industry. The global seaweed industry is valued at $5.6 billion and growing rapidly.
Government Initiatives: The Pradhan Mantri Matsya Sampada Yojana (PMMSY) aims to boost India’s seaweed production to 1.12 million tonnes in five years, with a dedicated budget of ₹640 crore from 2020-2025.
Nutritional Powerhouse: Seaweed is nutrient-dense, containing 54 trace elements, vitamins, minerals, and amino acids. It helps combat diseases and boosts immunity.
Sustainable Agriculture: Seaweed cultivation requires no land, freshwater, fertilizers, or pesticides, making it an eco-friendly and sustainable agricultural resource.
Ecological Importance: Seaweed contributes to oxygen generation, carbon sequestration, and marine biodiversity, playing a significant role in climate regulation.
Economic Benefits: Seaweed farming provides livelihood opportunities, is used in fertilizers, animal feed, and biofuels, and boosts marine-based economies. Seaweed is also emerging as a biostimulant in farming.
Key Uses: Seaweed is used in food, cosmetics, pharmaceuticals, and as thickening/gelling agents like alginate, agar, and carrageenan.
Success Stories: Women in Tamil Nadu have achieved financial independence through seaweed farming under the PMMSY scheme. Tissue culture techniques are boosting Kappaphycus alvarezii production.
Government Support: The government promotes seaweed-based organic fertilizers and supports the sector through policies, infrastructure, and collaborations.