Seaweed domain is one of the fastest growing sectors with harvest of 31.2 million tonnes year -1 worth over US$ 11.7 billion. World Bank estimation represents achievement the target of 14% annual growth of seaweed farming could generate 500 million tons dry weight by 2050, adding about 10% to the world’s present supply of food, generating revenues and improving environmental quality.

Seaweed base polysaccharide market major and growing more rapidly. Worldwide trade of agar reported an impressive 7 % annual growth with processed of 125,200 dry tons of biomass to produce 14,500 tons of industrial agar worth 246 million US$.