SeaStock has once again set a new benchmark in the seaweed industry, achieving remarkable breakthroughs in Asparagopsis extraction and cultivation. The company has successfully achieved pharmaceutical-grade red pigment extraction, a refined bromoform concentration exceeding 65mg/ml, and are moving towards achieving their daily optimised target growth rate at their pilot plant. These achievements solidify SeaStock’s position as a cost leader in the rapidly growing seaweed sector and further demonstrate the robust economic advantages of onshore cultivation.
Building on its previous success in cosmetic-grade pigment extraction, SeaStock has now attained the highest level of purity with pharmaceutical-grade quality. This advancement adds substantial value and signifies a strategic shift into a high-margin, high-growth sector. Market research forecasts indicate that the natural food colourants market is expected to grow from US$2.0 billion globally in 2022 to US$3.0 billion by 2028, and the global biotechnology pigments market is projected to expand from US$1.0 billion in 2022 to US$2.2 billion by 2033.
The successful isolation of bromoform is a testament to the efficacy of SeaStock’s patented dual extraction method. This method not only achieves high concentrations of natural bromoform over 65mg/ml but also maintains its natural integrity. This achievement highlights SeaStock’s commitment to providing cost-effective and sustainable solutions for the agricultural sector.
Further solidifying their role as industry leaders, SeaStock continues to enhance its daily growth rates at its pilot plant, steadily progressing toward achieving its optimised target rate. This improvement reflects the company’s sophisticated cultivation techniques and its dedication to ecologically responsible practices.
Tom Puddy, Managing Director and Co-Founder of SeaStock, remarked, “Our recent achievements in Asparagopsis extraction and cultivation not only demonstrate our scientific and operational excellence but also place us at the forefront of the seaweed industry. By achieving new levels of product purity and efficiency, we are perfectly aligned with the increasing global demand for eco-friendly solutions.”
These series of achievements not only emphasise SeaStock’s commitment to advancing marine science but also highlight their potential to enhance the market with environmentally friendly and sustainably sourced products. Building on this momentum, since reaching key biological and product quality milestones, SeaStock is now escalating production and initiating its global customer execution strategy to deliver its concentrated products more broadly.
Source - SeaStock Link - https://www.seastock.com.au/seastock-elevates-industry-standards-with-asparagopsis-breakthroughs/ Date - 23/4/2024
