This report, published by MMU, provides a comprehensive overview of macroalgae-based economic opportunities in Türkiye and the Black Sea Basin; addressing emerging trends, market potential, and key challenges for entrepreneurs, investors, and policymakers. The report's findings aim to contribute to the development of the macroalgae-based value chain in the Black Sea Basin; to support policy development processes and new initiatives. Furthermore, based on insights from academia, relevant industy, investors, and public institutions, the study highlights the strategic importance of macroalgae for the green and circular economy resources and identifies priority areas for the sector's development entrepreneurship, and policy support.
Macroalgae stand out globally as a strategic resource, both ecologically and economically. With eutrophication rapidly increasing, the effects of the climate crisis becoming more pronounced, and biomass fluctuations becoming widespread in marine ecosystems, the sustainable utilization of macroalgae has become critical from both environmental and economic perspectives.
You can access the full report here.