“I estimate the value of this year’s globalproduction at around $10 billion (€8 billion),” a US professor, Jose A. Zertuche-Gonzalez,said in an interview with IntraFish.

Zertuche-Gonzalez is possibly North and SouthAmerica’s foremost expert on algae. He gained his qualifications in the UnitedStates and is employed at the University of Baja California in Mexico.

He was one of the foremost guests at aninternational conference, Alger 2012, held in Bodo, Norway in May, with leadingresearchers from 14 countries.

94 percent of production comes fromaquaculture. Growth in aquaculture is just under 8 percent per annum.

Definition

Algae