Behind its successful growth, Korea has been striving to develop new and cutting-edge solutions of advanced technologies in the seaweed industry to improve production and productivity and explore seaweed’s extensive potential. At the center of Korea’s innovation are research institutes and academic researchers who are leading the advancement of the seaweed industry by leveraging Korea’s comparative advantage in technology.
KIOST (Korea Institute of Ocean Science & Technology) is one of Korea’s leading think tanks in marine science and technology, with several technology-based partnerships with domestic and overseas research institutes. KIOST is known for developing technology to achieve multiple cropping of seaweed, the first of its kind in Korea, which promotes the growth of seaweed and thus reduces seaweed cultivation time.
Chosun University’s Marine Healthcare Effectiveness & Evaluation Center is a renowned academic knowledge bank well-known for its researchers who are actively leveraging digitalization and AI in their research and exploration of seaweed’s potential beyond human consumption, from cosmetics to health supplement markets.
Calendar » Leveraging Technology in the Seaweed Sector of Korea: How technology, digitalization, and AI advance Korea’s seaweed industry
Leveraging Technology in the Seaweed Sector of Korea: How technology, digitalization, and AI advance Korea’s seaweed industry
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Seaweed is an industry brimming with untapped potential that extends far beyond its current uses as human consumption, aquaculture feed, and hydrocolloids. Emerging seaweed markets estimate their growth potential could be up to US$11.8 billion by 2030.
In particular, the biodegradable packaging market is projected to grow from USD 105.26 billion in 2024 to USD 140.66 billion by 2029, at a CAGR of 5.97%, while the global plant-based food market is expected to reach 77.8 billion U.S. dollars by 2025. Notably, the cultured meat market is anticipated to expand at a CAGR of 51.6% from 2023 to 2030.
The Republic of Korea has made a huge success in the seaweed private sector ranking first with a market share of 70.6% of the global $918 million dollars-worth seaweed market.
Behind its successful growth, Korea has been striving to develop new and cutting-edge solutions of advanced technologies in the seaweed industry to improve production and productivity and explore seaweed’s extensive potential. At the center of Korea’s innovation are research institutes and academic researchers who are leading the advancement of the seaweed industry by leveraging Korea’s comparative advantage in technology.
KIOST (Korea Institute of Ocean Science & Technology) is one of Korea’s leading think tanks in marine science and technology, with several technology-based partnerships with domestic and overseas research institutes. KIOST is known for developing technology to achieve multiple cropping of seaweed, the first of its kind in Korea, which promotes the growth of seaweed and thus reduces seaweed cultivation time.
Chosun University’s Marine Healthcare Effectiveness & Evaluation Center is a renowned academic knowledge bank well-known for its researchers who are actively leveraging digitalization and AI in their research and exploration of seaweed’s potential beyond human consumption, from cosmetics to health supplement markets.