EUROPEAN MICROALGAE ALLIANCE (ALLIANCE): INNOVATIVE, SAFE, AND SUSTAINABLE MULTIPRODUCT BIOREFINERIES FOR A BLUE BIOBASED ECONOMY

The European algae industry has grown significantly over recent decades, primarily serving niche high-value markets such as food supplements and nutraceuticals. However, with the increasing demand for alternative food ingredients and bio-based chemicals—driven by the EU’s push towards a bio-based economy—the market for microalgae-based products is expected to expand. Despite this potential, high production costs and limited market volume remain key barriers to scaling a sustainable, profitable, and circular algae industry.