Sea weed Farming "the ocean of opportunities"

From the beginning, India has been venerated with ample sources of sumptuous possibilities. India has recognized the bountiful expedience that its seashore offers. Blessed with the tremendous coastline of a total of 7516.6 km varying from 3214 km from north to south and 2933 km from east to west.
Seaweed as its name gives misinterpretation of a useless plant whereas it is the novel the miracle of the sea. It is usually grown in shallow water areas. seaweeds are rhizosphere algae lacking true stems, roots, and leaves. It is a renewable source rich in vitamins and minerals there are 900 species of green seaweed,4000 red species, and 1500 brown species found in cooler temperature of nature.out of which only 221 species of seaweeds are utilized commercially of this 145 species are used for food and 110 species for phycocolloid production leading to the significant sources of Alginates, Agars, and Carrageenans. As we know Agar has been working as a vital source in the food production and pharmaceutical industry. Apart from rich in minerals it translucent and hold the medical ailment properties. Asia is the pioneer in the world for seaweed cultivation & more than 80% is contributed by China, Korea, and Japan.
India get into the focus in 2006 when Pepsico opted for contract farming of seaweed in Tamil Nadu having commercially used for its various confectionary units and majorly for Dry weed Export. After Pepsico, CSMCRI (Central Salt & Marine Chemical Research Institute) has potentially identified various market opportunities for seaweed trade in the Bhavnagar, Gujrat. Today the Bigman like Tata Chemical, Coromandals fertilizers, Seth's company, and Marl Pelcare Company is having huge market growth from these seaweeds. Also, Kappaphycus alvarezii has been started cultivated by seaweed fishing communities in India. According to some reports by media, the seaweed cultivator earns Rs. 2000 crore a year. The inputs are negligible whereas for dried Rs. 86000 per year.
Currently, seaweed, grown in Tami Nadu &Gujrat & around Lakshadweep, Andaman&Nicobar Island. Also, the rich coastline bodies of seaweeds in Mumbai, Ratnagiri, Goa, Karwar, Varkala, Pulical in Tamil Nadu and Chilika in Orissa are embodied successfully. Basically, there are 3 methods of seaweed harvesting like Single Rope Floating Raft (SRFR), Fixed Bottom long line method(Coir Rope & Nylon Rope) and Integrate Multi intrinsic Aquaculture. The Global seaweed market size valued $ 4,097.93 million in 2017 projected to reach $ 9075.657 by 2024 with CAGR of 12.09 from 2018 to 2024.