To cultivate and harvest renewable seaweed biomass for displacing protein in human nutrition applications
Allihies Seafood Ltd, Pure Ocean Algae is a Macro Algae based Biotechnology Company, based in West Cork, Ireland. They create vertically integrated value chains from macro-algae and other marine resources.
Pure Ocean Algae creates vertically integrated value chains from macro-algae and other marine resources. Macro-algae species are particularly high in protein and are highly valued for their food, medical, pharmaceutical and cosmetics uses. Pure Ocean Algae has over the winter of 2019/20 deployed its first trial lines of Palmaria palmata to sea, and have succeeded in developing a pilot commercial plant that can produce commercial volumes of Palmaria palmata vegetative protein and protein isolate products. Pure Ocean Algae owns 40 Hectares of licensed Multi species Seaweed growing sites, as well as a 20,000 sq ft. state of the art, fully licensed, equipped, hatchery and primary processing facility.
The global commercial seaweed market was valued at USD 17.85 billion in 2021 and is expected to grow at a CAGR of 10.5% during 2022 - 2030
CO2 sequestration, Deacidification of oceans, Removal of excess nutrients from existing ecosystems, Creation of new habitats and protected areas for juvenile fish and shellfish species, Creation of high-quality proteins with no inputs, from a completely sustainable source that does not require fresh water or land, Providing sustainable alternatives to artificial fertilizers and pesticides
Seaweed farming and cultivation has the opportunity to impact peripheral coastal communities, creating new and varied opportunities in areas where job creation has been historically difficult.
Macroalgae cultivators, Technology owners, End users (pharmaceutical and protein market)
Seaweed
6
Pure Ocean Algae
Fermentation
Vegetable protein
NA
Ireland
2018
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