The microalgae market, valued at USD 11.8 billion in 2023, is projected to reach USD 25.4 billion by 2033, with an 8% CAGR over the forecast period. The growing use of marine microalgae in aquaculture, pharmaceuticals, and nutraceuticals is expected to drive market growth. Additionally, increasing government efforts to standardize microalgae cultivation practices will further …
Continue reading “Microalgae Market Set to Hit USD 25.4 Billion by 2033, Growing at 8% CAGR”