The maine aquaculture innovation center (MAIC) proposes to conduct a comprehensive, nationwide consumer insights survey on edible seaweed and value-added products that will prove highly valuable in…

Ended Project Grant Awarded Last action

Award ID
20207000732414
Recipient
Awarding agency
Obligated
$305,000

Award facts

Assistance listing
10.200 Grants for Agricultural Research, Special Research Grants
Completion date
Place of performance
Walpole, South Bristol, ME 04573, USA

Award details come from USAspending.gov.

Description

The maine aquaculture innovation center (MAIC) proposes to conduct a comprehensive, nationwide consumer insights survey on edible seaweed and value-added products that will prove highly valuable in locating promising markets for U.S. Farmed seaweed. Survey data will be used to develop an interactive data dashboard for use by seaweed farmers, distributors, wholesalers, aquaculture researchers, and extension professionals.edible seaweed can provide income diversification for aquaculture operators as well as fishermen struggling in the wild-catch industry due to the collapse of fisheries from warming waters, habitat degradation, and invasive species. However, little consumer research has been conducted on seaweed, leaving stakeholders in need of insights data on which to base market-driven decision making that will result in increased revenues and higher profitability for seaweed farmers and value-added producers. This work directly supports the program priority area: economic research for increasing commercial aquaculture profitability. The consumer research we conduct will provide the critical market data necessary to support new and established aquaculture operators entering the farmed seaweed market. As fisheries become increasingly less stable and more regulations are put in place on capture quotas and size restrictions, fishermen can turn to this highly valuable, emerging market. Regional data on consumption habits, preferences, and willingness to pay that can be filtered by demographic characteristics such as age, gender, and income-level will enable seaweed farmers to target the most profitable market segments for their products, or to tailor their product offerings and volumes to specific regions.

Quick answers

Who received award 20207000732414?

20207000732414 was awarded to Maine Aquaculture Innovation Center by Institute of Food Production and Sustainability (National Institute of Food and Agriculture) on September 1, 2020.

How much is award 20207000732414 worth?

$305,000 has been obligated on 20207000732414.

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