2015 Algae Industry Survey
March 24, 2015
(Algae Biomass Organization) The Algae Biomass Organization’s 2015 Industry Survey was conducted in January and February, 2015 through an electronic questionnaire sent via email to ABO’s 7,000+ contact list. The survey asked for opinion and projections on the industry’s growth, barriers to advancement, and policy priorities through 2020.
Overall, there are three key takeaways from the data:
- Algae fuels, feeds, plastics and other products will be price competitive with incumbent products within the decade, if not sooner. Some are price competitive already.
- Production of algal biomass and associated products as well as hiring across departments will increase in both the short and the long term.
- Supportive and consistent federal policies will further accelerate production and hiring.
