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The Hustle Daily Show
Explaining the $18.4B seaweed economy and how you can cash in
Jun 17, 2024
Discover how seaweed has become a lucrative $18.4B industry, with startups innovating in various sectors. Learn about the diverse applications of seaweed, from food products to carbon storage, and explore the business opportunities it presents. Dive into the ways companies are turning harmful seaweed into valuable products and how individuals can tap into this thriving market.
14:49
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Quick takeaways
- Seaweed offers diverse profit opportunities in food, packaging, and environmental conservation.
- Entrepreneurs can enter the seaweed market through sectors like pet food, fashion, and women-specific networks.
Deep dives
Versatility and Profitability of the Seaweed Market
The seaweed market, valued at $18.4 billion, offers a diverse range of opportunities across various industries. Startups are capitalizing on seaweed's versatility by turning it into profitable products. Different types of seaweed, such as Irish moss and kelp, are being utilized in innovative ways, with companies raising significant funding by transforming seaweed into food, sustainable packaging, and carbon sinks.
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