Sequesters carbon and reduces ocean acidification while producing sustainable protein and biomaterials, requires no freshwater, fertilizer, or pesticides unlike terrestrial agriculture, and improves marine biodiversity and water quality. Ocean farming provides coastal economic opportunities and climate resilience. Products include food, fertilizer, biofuels, and biomaterials.
Limited to suitable coastal areas with appropriate water conditions, faces regulatory barriers for ocean use permits and food safety approval, and vulnerable to climate impacts including storms and temperature changes. Market development needed for seaweed food products in Western markets. Equipment and maintenance costs can be substantial for offshore operations.