Why Demand For Seaweed Is About To Boom

Seaweed is used in more than just sushi. It can be found in almond milk, baby food and lotion. Kelp is used in medicine, animal feed, fertilizer and even as a biofuel. That's why the commercial seaweed market size could surpass $85 billion by 2026, according to Global Market Insights. Seaweed farmer Bren Smith says all one needs to start in the business is $20,000, twenty acres and a boat, and that investment in a single seaweed farm can net up to $90,000 to $120,000 per year. Here’s why the global demand in seaweed is expected to boom in the coming years.» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassicAbout CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.Connect with CNBC News OnlineGet the latest news: https://www.cnbc.com/Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBCFollow CNBC News on Facebook: https://cnb.cx/LikeCNBCFollow CNBC News on Twitter: https://cnb.cx/FollowCNBCFollow CNBC News on Instagram: https://cnb.cx/InstagramCNBCSubscribe to CNBC PRO: https://cnb.cx/2NLi9AN#CNBC