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Closed-Photobioreactor Technology Drives Down Algae Production Costs in Aquafeed Industry
GlobeNewswire Inc.·
The microalgae-based aquafeed market is projected to grow from USD 320.08 million in 2026 to USD 481.29 million by 2031, driven by cost reductions in closed photobioreactors, premium pricing for antibiotic-free seafood, and increased demand for algae oil and protein isolates. Asia-Pacific is the fastest-growing region at 10.7% CAGR, while regulatory approval delays for novel algae strains remain a key challenge.
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