Seaweed-based products give rise to jobs across the value chain from marine scientists to seaweed farmers to packaging manufacturers, opening up a range of economic opportunities around the world. Notably, several recent case studies have presented evidence regarding the economic benefits for coastal communities. This evidence suggests that the expansion of the sustainable seaweed farming industry has the potential to stimulate economic growth through direct and secondary employment.
Due to the unique characteristics of seaweed aquaculture, which include simple technology, low capital requirements and short growth cycles, seaweed farming has become a profitable activity for many areas facing limited economic opportunities. For example, seaweed farming has proven to be especially beneficial for women in Zanzibar as it creates income-earning opportunities. The ongoing development of seaweed farming as a sustainable source of income could significantly enhance the standards of living in the world’s coastal communities.