Alaska Fish Factor: Report looks at Alaska's potential to grow in seaweed business

The U.S. grows less than one-100th of 1% of the world’s $6 billion seaweed market, but Alaska has the goods to grow into a major contributor.

A new report assesses the pros and cons of six communities as locations for seaweed processing facilities to assist companies interested in operating in Alaska. It was compiled by McKinley Research Group for the Alaska Fisheries Development Foundation, which has played a central role in keeping Alaska seaweed in the resource development spotlight.

The six study communities were evaluated based on three categories: availability of seaweed supply, costs of...