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Commercial Seaweed Market Size & Share 2026-2035

Report ID: GMI1658
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Published Date: October 2026
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Commercial Seaweed Market Size

The commercial seaweed market was valued at USD 12.83 billion in 2025, is expected to reach USD 13.54 billion in 2026, growing at a 5.5% CAGR from 2026 to 2035, and is projected to reach USD 21.92 billion by 2035.

Commercial Seaweed Market Key Takeaways

2025 Market Size
$ 12.83 Billion
2026 Market Size
$ 13.54 Billion
2035 Forecast Market Size
$ 21.92 Billion
CAGR (2026–2035)
5.5%
Regional Dominance
Largest Market
Asia Pacific
Fastest Growing Region
North America
Key Players

  • Market Leader: CP Kelco (Cargill) led with over 8% market share in 2025.

  • Leading Players: Top 5 players in this market include CP Kelco (Cargill), Brilliant Circle Holdings (Qingdao), Acadian Seaplants, Gelymar, KIMICA Corporation, which collectively held a market share of 17% in 2025.

Get Market Insights & Growth Opportunities

The commercial seaweed market measures demand-side, business-to-business trade in farmed and wild-harvested macroalgae sold as ingredients for food, agriculture, pharmaceutical, nutraceutical, cosmetic, feed, and industrial processing applications. Its expansion is tied to the increasing commercial relevance of hydrocolloids, bioactive extracts, biostimulants, and direct-use food ingredients. Farmed algae production reached 36.5 million wet-weight tonnes in 2022, underscoring the scale of the upstream supply base supporting commercial ingredient channels [1].

GMI Analyst View

Based on our three-method triangulation combining production-volume series, farm-gate pricing trends, and company revenue proxies across the global commercial seaweed supply chain, the market achieved a 5.4% CAGR over the 2022–2025 historic period. We view this performance as evidence that demand is becoming more structurally diversified across end-use industries, reducing reliance on any single hydrocolloid or food channel.

Commercial Seaweed Market Trends, Growth Drivers & GMI Forecast Outlook

Commercial demand is shifting toward higher-value applications that combine formulation functionality with sustainability, traceability, and agronomic performance. This transition supports diverse demand pools, although regulatory uncertainty around carrageenan and concentrated Asian raw-material supply remain material constraints on procurement confidence and product commercialization.

Key Drivers

Driver Evidence signal Market-demand implication GMI forecast condition
Expanding global seaweed aquaculture supply capacity elevates ingredient accessibility across end-use industries Global farmed algae production had a farm-gate value of USD 17 billion in 2022, confirming commercial-scale supply infrastructure capable of feeding food, agricultural, and industrial ingredient channels [1] Growing raw material availability at competitive procurement costs reduces formulation barriers for food manufacturers, nutraceutical producers, and industrial buyers transitioning away from synthetic or non-marine ingredient sources Sustained supply expansion supports volume growth across all application categories; increasing marine cultivator capacity reduces ingredient scarcity risk and underpins the 5.5% CAGR through 2035
EU biostimulant regulatory framework accelerates commercial uptake of seaweed-derived agricultural inputs Seaweed-based agricultural application revenue reached USD 2.31 billion in 2025, positioning agriculture as the market's fastest-expanding demand vector, driven by EU Fertilising Products Regulation 2019/1009 effective July 2022 — creating a CE-marking pathway for free circulation of seaweed biostimulants across EU27 markets [2] A harmonised approval route converts a formerly fragmented, country-by-country registration landscape into a single-market commercial opportunity, materially accelerating buyer adoption in specialty crop, horticultural, and broadacre agricultural channels Agriculture applications sustain the highest CAGR among all segments; biostimulant adoption rate accelerates across European specialty crops and into North American precision agriculture programmes
Zero-land, zero-freshwater cultivation profile positions seaweed as a structurally compliant sustainable ingredient for corporate procurement and emerging biodiversity due-diligence requirements Seaweed cultivation requires no arable land, synthetic fertilizer inputs, or freshwater — macroalgae absorb dissolved nitrogen, carbon dioxide, and trace minerals directly from seawater throughout the growth cycle, providing documented nutrient-cycling co-benefits consistent with regenerative ocean farming principles [4] Procurement officers and formulators across food, cosmetics, and agricultural input sectors increasingly specify seaweed-derived ingredients to meet corporate scope-3 emissions targets, sustainable sourcing policies, and biodiversity-linked supply-chain due-diligence obligations Sustainability-aligned ingredient purchasing creates a structural demand floor that moderates substitution risk during commodity price cycles; supports forecast resilience in premium functional and clean-label ingredient categories
Get Market Insights & Growth Opportunities

*Evidence anchors use cited external data; demand implications and forecast conditions represent GMI analysis.*

Expanded cultivation capacity matters commercially because it improves the availability of feedstock for alginate, carrageenan, agar, food-grade biomass, and agricultural extracts. As buyers can secure more consistent raw material, seaweed ingredients become easier to incorporate into established formulation systems rather than being confined to specialty products.

The agricultural opportunity is strengthened by the EU fertilising-products framework, which establishes a route for CE-marked non-microbial plant biostimulants, including qualifying seaweed-based products [2]. Documentation, efficacy validation, and safety requirements still create an advantage for technically capable suppliers, but the framework reduces the burden of navigating separate national approval systems.

Seaweed's production profile also carries procurement value beyond ingredient functionality. The absence of freshwater and arable-land requirements can support sustainability screening by food, cosmetics, and agricultural-input buyers, particularly where upstream sourcing criteria influence supplier selection. Industry guidance identifies seaweed-derived biostimulants as a relevant category within this sustainability-oriented agricultural transition [4].

Key Restraints

Restraint Evidence signal Market-demand implication GMI forecast condition
Regulatory scrutiny of carrageenan in the EU food-additive and infant-nutrition segment EFSA's 2018 re-evaluation of carrageenan (E 407) established a temporary acceptable daily intake of 75 mg/kg body weight per day, citing data gaps; the European Commission organised a follow-up call for technical and toxicological data for all population groups including infants below 16 weeks, noting carrageenan may be removed from the Union list if submitted data are insufficient for EFSA to conclude its risk assessment [3] Procurement caution among food and infant-nutrition manufacturers dampens near-term hydrocolloid demand; reformulation toward alternative thickeners — guar gum, locust bean gum, and carboxymethylcellulose — extracts volume from carrageenan-bearing applications Red seaweed revenue growth tracks below the global market CAGR through the mid-forecast years; competitive pressure from plant-based and synthetic hydrocolloid alternatives amplifies volume headwinds in regulated food-additive and infant-formula categories
Geographic supply concentration in East and Southeast Asian production zones creates procurement vulnerability for non-Asian ingredient buyers Red seaweed — the primary commercial source of carrageenan and agar hydrocolloids — accounted for 38.0% of commercial seaweed market revenue in 2025, with production overwhelmingly concentrated in China, Indonesia, the Philippines, and Tanzania Single-region sourcing dependency exposes non-Asian ingredient buyers to supply disruption from El Nino-driven oceanic warming, typhoon events, aquaculture disease outbreaks, and political-commercial pricing decisions in dominant production zones Geographic diversification of supply remains underdeveloped through the forecast period; input cost volatility in Asian production zones transmits to European and North American food processor ingredient costs, periodically compressing processing margins
Divergent national and regional regulatory classification frameworks create market-access fragmentation for new seaweed species and functional products Seaweed-derived ingredients are classified as food additives under EU Regulation EC 1333/2008, as novel foods in several non-EU jurisdictions, and as nutraceuticals or functional food ingredients in others — divergent frameworks generate product-by-product dossier requirements across markets without mutual recognition [2][3] Cross-border product launches require parallel regulatory submissions per market, raising go-to-market costs and extending commercialisation timelines for producers seeking to develop non-carrageenan or novel-species applications in Western premium markets Regulatory harmonisation timelines remain uncertain across the forecast period; growth in premium bioactive, functional food, and precision nutrition segments depends partly on regulatory clarity that may not materialise uniformly before 2029

*Evidence anchors use cited external data; demand implications and forecast conditions represent GMI analysis.*

Carrageenan remains commercially important, but its regulatory position can influence customer qualification, formulation decisions, and technical-documentation requirements. The European Commission's follow-up process reflects continuing evidence requirements in the carrageenan re-evaluation, particularly for sensitive consumption categories [3]. Food manufacturers can therefore diversify thickener systems even where carrageenan remains functional and cost-effective.

Supply concentration introduces a separate procurement risk. Non-Asian processors are exposed to weather variability, disease events, local harvesting conditions, and logistics disruptions in major red-seaweed producing areas. Alternative production in Atlantic markets is growing, but it is not yet positioned to displace Asian feedstock at the scale required for mainstream hydrocolloid demand.

Novel species and higher-value bioactive ingredients also face uneven regulatory classification across markets. Separate food-additive, novel-food, and nutraceutical pathways lengthen commercialization cycles and raise the cost of launching a common product portfolio across multiple jurisdictions.

GMI Analyst View

We see the market separating into two commercial tracks: mature hydrocolloid applications where substitution and compliance pressures shape buying behavior, and higher-value agricultural, bioactive, and personal-care applications where performance differentiation supports investment. The central issue is not whether seaweed remains relevant, but whether suppliers can redirect capacity and technical capability toward the applications with the strongest qualification economics.

Commercial Seaweed Market Segment Analysis

By Application

Food & Beverages

Food & Beverages generated USD 5.65 billion in 2025 and is expected to account for 36.3% of market revenue by 2035. The commercial seaweed market retains food and beverage as its largest application because nori, kelp, carrageenan, alginate, and agar are already embedded in broad ingredient procurement systems. Growth is increasingly tied to plant-based foods, clean-label texture solutions, and functional formulations, while the relative weight of conventional food hydrocolloids moderates as faster-growing specialty applications expand.

Commercial Seaweed Market Size, by Application, 2025 & 2035 (USD Million)

To get key market trends
Agriculture (Biostimulants & Fertilizers)

Agriculture is projected to reach USD 5.08 billion by 2035 and expand at an 8.2% CAGR from 2026 to 2035. Seaweed extracts are gaining traction where growers seek improved nutrient-use efficiency, crop quality, and abiotic-stress resilience. Demand is especially linked to specialty crops and intensive production systems, where product performance can justify higher input costs and where regulatory acceptance provides a clearer route to commercial adoption.

Pharma & Nutraceuticals

Pharma & Nutraceuticals generated USD 1.93 billion in 2025 and is forecast to grow at a 6.9% CAGR from 2026 to 2035. This segment benefits from demand for marine-origin bioactives, pharmaceutical excipients, and culture-media ingredients. Suppliers with extraction capability, consistency controls, and technical substantiation are better placed to participate than producers focused solely on commodity biomass, since buyers prioritize purity, traceability, and formulation-specific functionality.

Cosmetics & Personal Care

Cosmetics & Personal Care is projected to reach USD 2.63 billion by 2035 and advance at a 6.4% CAGR from 2026 to 2035. Seaweed extracts are used in skin-care, hair-care, spa, and body-care formulations for hydration, antioxidant positioning, film formation, and marine-origin product narratives. The category's appeal rests on the combination of functional performance and premium ingredient storytelling, making it less exposed to the purely cost-driven substitution dynamics that affect commodity hydrocolloids.

Animal Feed

Animal Feed generated USD 1.03 billion in 2025 and is projected to reach USD 1.84 billion by 2035. Demand spans mineral supplementation, aquaculture nutrition, specialty poultry formulations, and methane-reduction initiatives in ruminant systems. Commercial scaling will depend on biomass availability, regulatory acceptance, and the ability to demonstrate repeatable performance under practical farm conditions rather than only controlled trials.

Industrial

Industrial applications are projected to reach USD 661 million by 2035 and grow at a 2.5% CAGR from 2026 to 2035. Industrial demand remains concentrated in alginate-based uses such as textile printing, paper processing, wound-care matrices, and specialized chemical systems. Price competition from synthetic alternatives constrains the category, although applications requiring biobased credentials or distinctive polymer performance can sustain targeted opportunities.

By Type

Brown Seaweed

Brown Seaweed generated USD 6.16 billion in 2025 and is expected to hold 48.6% of market revenue by 2035. Brown seaweed benefits from exposure to several high-value channels, including food ingredients, alginate production, biostimulants, and bioactive extraction. Its broad use across kelp, wakame, Ascophyllum, and related species gives suppliers a diversified demand base, particularly where agricultural products and nutraceutical ingredients command higher realization than commodity processing.

Commercial Seaweed Market Share, by Type, 2025

Red Seaweed

Red Seaweed is projected to reach USD 7.62 billion by 2035 and grow at a 4.6% CAGR from 2026 to 2035. Red seaweed remains strategically important because it underpins carrageenan, agar, and nori supply chains. However, its trajectory is moderated by regulatory scrutiny in food-additive applications, exposure to concentrated cultivation geographies, and competition from alternative hydrocolloids in formulations where functionality can be replicated at lower cost.

Green Seaweed

Green Seaweed is projected to reach USD 3.64 billion by 2035 and grow at a 7.3% CAGR from 2026 to 2035. Green seaweed has a differentiated role in plant-based food ingredients, biostimulants, nutrient recovery, and integrated aquaculture systems. Its relatively broad cultivability and compatibility with circular production models support commercial interest, although consistent large-scale cultivation and market authorization remain important constraints in premium applications.

GMI Analyst View

We believe portfolio value will increasingly depend on application fit rather than species volume alone. Brown seaweed is positioned to benefit from its breadth across established and emerging channels, while green seaweed offers a more disruptive route into circular food, agriculture, and aquaculture models. Red seaweed remains indispensable, but its commercial exposure is more closely tied to regulatory and substitution outcomes.

Commercial Seaweed Market Regional Analysis

Commercial Seaweed Market Share, by Region, 2025 & 2035

Learn more about the key segments shaping this market

North America Commercial Seaweed Market Analysis

The commercial seaweed market in North America generated USD 1.80 billion in 2025 and is expected to grow at a 6.1% CAGR from 2026 to 2035. Regional demand is centered on value-added ingredients for specialty agriculture, nutraceuticals, functional foods, and pharmaceutical manufacturing. Domestic cultivation is expanding in selected coastal locations, but the region remains reliant on imported material for large-scale hydrocolloid and food-ingredient requirements.

United States

The United States generated USD 1.25 billion in 2025 and is projected to reach USD 2.26 billion by 2035. U.S. demand is supported by food-industry procurement, marine-derived supplement development, and biostimulant adoption in specialty agriculture. Local kelp cultivation can serve premium and traceable supply chains, but imported commodity-grade material continues to shape mainstream ingredient availability.

Canada

Canada accounted for a 19.5% share of North American revenue in 2025 and is projected to generate USD 634 million by 2035. Canada combines Atlantic seaweed resources with an expanding cultivation sector and an established position in seaweed-based agricultural inputs. Indigenous partnerships and coastal stewardship models may strengthen the social license and local integration of future cultivation projects.

Mexico

Mexico generated USD 196 million in 2025. The Mexican market is focused on hydrocolloid procurement for food processing and on wild-harvest resources along the Pacific coast. Its proximity to U.S. agricultural-input markets creates a potential commercial link for regional extract supply, although scale and processing capacity remain determining factors.

Europe Commercial Seaweed Market Analysis

The commercial seaweed market in Europe accounted for 12.0% of global revenue in 2025 and is projected to reach USD 2.79 billion by 2035. European growth is shaped by biostimulant regulation, sustainable-sourcing requirements, and investment in Atlantic cultivation and biorefinery capacity. The region retains material import dependence for Asian red-seaweed feedstock, while domestic brown and green seaweed programs are building higher-value ingredient capability.

France

France generated USD 246 million in 2025 and is projected to reach USD 445 million by 2035. Brittany's harvesting and processing base gives France a developed position in European macroalgae supply. Its commercial advantage lies in proximity to food, cosmetics, and agricultural-input buyers that require processed, specification-grade ingredients rather than only raw biomass.

Germany

Germany accounted for a 14.0% share of European revenue in 2025 and is projected to generate USD 391 million by 2035. German demand is supported by food-processing procurement and agricultural-input distribution. The market's established technical and regulatory expectations can favor suppliers able to provide extensive product documentation, quality assurance, and dependable distribution support.

United Kingdom

The United Kingdom generated USD 200 million in 2025 and is projected to reach USD 362 million by 2035. The United Kingdom has a developing cultivation base for kelp and other species alongside established import demand for food ingredients. Regulatory divergence from the European Union adds a practical compliance consideration for suppliers seeking to serve both markets from a common product portfolio.

Norway

Norway accounted for a 15.0% share of European revenue in 2025 and is projected to reach USD 419 million by 2035. Norway's position is supported by wild-harvest Ascophyllum supply, advancing sugar-kelp cultivation, and mature maritime operating capabilities. Integration with existing aquaculture infrastructure could improve scalability where licensing, processing, and logistics are aligned.

Asia Pacific Commercial Seaweed Market Analysis

The commercial seaweed market in Asia Pacific generated USD 8.72 billion in 2025 and is projected to reach USD 14.54 billion by 2035. Asia Pacific is the global center of seaweed production, processing expertise, and direct consumption. Its leading position provides a supply advantage in brown, red, and edible seaweed categories, although strong domestic utilization means that expanding output does not automatically translate into equivalent export availability.

China

China generated USD 5.67 billion in 2025 and is projected to reach USD 9.41 billion by 2035. China's market strength reflects integrated cultivation and processing across kelp, nori, wakame, and other commercial species. Rising domestic demand for functional foods and higher-grade ingredients may increasingly compete with export buyers for premium production.

Japan

Japan accounted for a 13.0% share of Asia Pacific revenue in 2025 and is projected to generate USD 1.88 billion by 2035. Japan is distinguished by premium food-grade seaweed demand and established expertise in pharmaceutical and nutraceutical applications. Its commercial model emphasizes quality, processing sophistication, and higher-value products rather than the volume-led production profile seen in larger regional supply markets.

South Korea

South Korea generated USD 611 million in 2025 and is projected to reach USD 1.01 billion by 2035. South Korea combines strong domestic consumption of laver with growing international demand for Korean seaweed food products. Export-oriented branded products and interest in controlled-environment cultivation indicate a strategic focus on both consumer-market expansion and supply stability.

Indonesia

Indonesia accounted for a 5.0% share of Asia Pacific revenue in 2025 and is projected to generate USD 723 million by 2035. Indonesia is a major source of Kappaphycus and Eucheuma biomass used in carrageenan supply chains. Its opportunity lies in improving traceability, quality consistency, and domestic value addition, since smallholder production structures can constrain direct participation in premium ingredient markets.

Latin America Commercial Seaweed Market Analysis

The commercial seaweed market in Latin America accounted for 4.0% of global revenue in 2025 and is projected to reach USD 876 million by 2035. Latin America combines Chilean agar and carrageenan supply with emerging agricultural demand for seaweed-based inputs. The region's cultivation base is expanding, with farming development concentrated in a small group of coastal producing countries and supported by growing interest in rural livelihood and export-oriented marine value chains [7].

Chile

Chile accounted for a 50.0% share of Latin American revenue in 2025 and is projected to reach USD 438 million by 2035. Chile's commercial position is underpinned by Gracilaria supply, giant-kelp resources, and integrated ingredient processing. Its established role in agar and carrageenan-related value chains provides an export platform, while resource management and harvesting continuity remain central to long-term supply competitiveness.

Brazil

Brazil accounted for a 20.0% share of Latin American revenue in 2025 and is projected to generate USD 175 million by 2035. Brazil is developing commercial activity across cultivation, agricultural biostimulant distribution, and emerging circular uses for green seaweed. The country's large agricultural base offers a relevant end market for seaweed-derived inputs if product performance and distribution economics support wider adoption.

Middle East & Africa Commercial Seaweed Market Analysis

The commercial seaweed market in Middle East & Africa generated USD 257 million in 2025 and is expected to grow at a 6.1% CAGR from 2026 to 2035. Demand is driven by imported food-industry hydrocolloids, developing agricultural-input use, and nascent Atlantic and Indian Ocean cultivation activity. Water-constrained farming systems provide a particularly relevant setting for biostimulants positioned around nutrient efficiency and crop-stress management.

Morocco

Morocco generated USD 78 million in 2025 and is projected to reach USD 141 million by 2035. Morocco's Atlantic coastline and established marine-processing infrastructure support potential growth in harvesting, drying, and ingredient export. Geographic proximity to European buyers can be an advantage where supply-chain reliability and specification requirements are met.

South Africa

South Africa accounted for a 19.8% share of Middle East & Africa revenue in 2025 and is projected to generate USD 93 million by 2035. South Africa's commercial activity includes wild-harvest macroalgae for domestic and export uses, alongside a growing market for agricultural biostimulants. Demand from horticulture, viticulture, and subtropical fruit systems can support specialized product adoption where distributors provide technical guidance and field-level support.

GMI Analyst View

We view regional development as a question of supply-chain depth rather than demand potential alone. Asia Pacific retains an enduring advantage through cultivation knowledge, processing scale, and established consumption. North America and Europe can expand their market roles, but durable gains will require ingredient-grade supply, reliable processing capacity, and purchasing economics that move beyond niche domestic cultivation.

Commercial Seaweed Market Share & Competitive Landscape

The commercial seaweed market share structure remains fragmented because a substantial portion of first-sale revenue originates in dispersed coastal farming and harvesting networks. The top five global companies collectively held approximately 17% of global market revenue in 2025, indicating that scale advantages in processing and formulation coexist with a broad base of regional producers and smallholder suppliers.

CP Kelco (Cargill)

CP Kelco (Cargill) held approximately 8% of global market revenue in 2025.

The company's competitive position is supported by broad hydrocolloid capability, multinational manufacturing reach, and technical application support for food, pharmaceutical, and personal-care customers. These capabilities make consistency, qualification support, and multi-region supply important differentiators for large buyers.

Brilliant Circle Holdings (Qingdao)

Brilliant Circle Holdings (Qingdao) held approximately 3% of global market revenue in 2025.

The company benefits from its proximity to Chinese cultivation networks and its role in food-grade nori and dried-kelp processing. Access to regional raw material, integrated logistics, and export relationships can strengthen its position in premium edible-seaweed categories.

Acadian Seaplants

Acadian Seaplants held approximately 2% of global market revenue in 2025.

Its positioning is concentrated in seaweed biostimulants and biofertilizers, where agronomic validation and product-development capability are critical to premium pricing. The company's access to Atlantic Ascophyllum resources supports a differentiated supply position in an application segment where efficacy documentation increasingly influences buyer selection.

Gelymar

Gelymar is a specialized carrageenan producer with operations linked to Chilean and international red-seaweed supply. Its performance is closely connected to the commercial outlook for food-additive applications, including customers' regulatory assessments, formulation choices, and raw-material security.

KIMICA Corporation

KIMICA Corporation is an alginate specialist serving food, pharmaceutical, industrial, and wound-care applications. Its differentiated role rests on polymer-processing expertise and traceability requirements in applications where technical specifications can be more decisive than commodity-price considerations.

Recent Industry Developments

Samchully Group agreed in December 2025 to acquire all shares of South Korean seasoned-seaweed producer Sungkyung Foods from Affirma Capital. The transaction reflects increasing strategic interest in branded seaweed foods and international channels for Korean seaweed products [5].

CJ CheilJedang announced plans in June 2026 to begin construction of a land-based nori commercialization facility in Cheonan, South Korea. The initiative is intended to support year-round production with controlled cultivation conditions and to strengthen supply resilience for Bibigo Nori products [6].

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Authors:  Kiran Puldinidi, Kunal Ahuja

Frequently Asked Questions (FAQs):

How big is the commercial seaweed market?
The commercial seaweed market size was estimated at USD 12.83 billion in 2025 and is expected to reach USD 13.54 billion in 2026.
What is the 2035 forecast for the commercial seaweed market?
The market is projected to reach USD 21.92 billion by 2035, growing at a CAGR of 5.5% from 2026 to 2035.
Which region dominates the commercial seaweed market?
Asia Pacific currently holds the largest share of the commercial seaweed market in 2025.
Which region is expected to grow the fastest in the commercial seaweed market?
North America is projected to be the fastest-growing region during the forecast period.
Who are the major players in commercial seaweed market?
Some of the major players in commercial seaweed market include CP Kelco (Cargill), Brilliant Circle Holdings (Qingdao), Acadian Seaplants, Gelymar, KIMICA Corporation.

Research methodology, data sources & validation process

This report draws on a structured research process built around direct industry conversations, proprietary modelling, and rigorous cross-validation and not just desk research.

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