Microalgae Fertilizer Market: Sustainable Practices Drive Growth in Agriculture Sector

Demand for Microalgae in Fertilizers The global market for microalgae-based fertilizers is poised for substantial growth, with a projected 10% compound annual growth rate (CAGR) from 2023 to 2033. According to Future Market Insights (FMI), the sector’s valuation is expected to surpass US$ 28.7 million by 2033, up from US$ 11 million in 2023. This significant expansion underscores the increasing importance …