Global Algae Biofuel Market to Reach USD 14.3 Billion by 2034, Growing at a CAGR of 20.4%
Global Algae Biofuel market was valued at USD 2,700 million in 2025 and is projected to reach USD 14,300 million by 2034, exhibiting a remarkable CAGR of 20.4% during the forecast period.
Algae biofuel refers to renewable fuels produced from micro‑algae through processes such as trans‑esterification or hydrothermal liquefaction. These fuels can be blended into existing diesel or jet‑A...