Algae biofuel industry is expected to reach $9 bn by 2027

The global algae biofuel market is estimated to show growth from $5.022 billion in 2020 to $9.033 billion in 2027 at a CAGR of 8.75%. The key factor driving the growth is the demand for algae biofuel as an essential energy source. Due to the rising prices of petrol and diesel, the demand for algae