Table 3.
List of companies currently registered for seaweed‐based bioproduct commercialization
| Company name | Headquarter | Seaweed Species | Product | Revenue |
|---|---|---|---|---|
| Acadian Seaplants Limited (ASL) | Nova Scotia, Canada | Ascophyllum nodosum | Sea vegetables; crop stimulant; nutritional products; and animal feed supplement | US$30 million |
| Cargill Incorporated | Minnesota, United States | Gigartina, Chondrus, Iridaea, and Eucheuma | Commercially available carrageenans | US$114.695 billion |
| DuPont de Nemours, Inc. | Delaware, United States | – | Carrageenan products tailored to targeted applications | US$21.57 billion |
| Irish seaweeds | Northern Ireland | Palmaria palmata, Saccharina latissimi‐Laminaria saccharina, Ulva lactuca, Himanthalia elongata, and Alaria esculenta | Sea vegetables | €30 million per annum |
| Beijing Leili Marine Bioindustry Inc. (Leili Group) | Beijing, China | Brown seaweed | Plant nutrients, fertilizers, and supplements | US$50 million |
| Mara seaweed | Edinburgh, Scotland | Brown seaweed, Kombu | Human nutrition | US$48.40 million |
| Qingdao Gather Great Ocean Algae Industry Group (GGOG) | Qingdao, China | – | Carrageenan, feed, and nutrition | US$1.2 billion |
| Algaia | France | – | Seaweed extracts for food, cosmetics, dietary supplements, and agriculture | US$17.83 million |
| Marinova Pty Ltd | Australia | Sargassum sp. | Organic fucoidan, algal polysaccharides | US$5.18 million |
| Glycomar | UK | Immunomodulatory properties | US$31.0 million | |
| AfriKelp | Cape Town, South Africa | Ecklonia maxima | Liquid seaweed extracts for agriculture | US$1.67 million |