Algene Holding SE has announced positive interim results from a scientific study conducted with the Chair of Aquatic Systems Biology at the Technical University of Munich (TUM), led by Prof. Dr. Jurgen Geist. The study examines the impact of Algene's high-purity Spirulina microalgae as a feed component in industrial shrimp farming. After only a few days of testing, statistically significant differences in consumption rates were observed between a control group fed without Spirulina and a group receiving feed enriched with 100% Spirulina. These interim findings suggest that the Algene product has a positive influence on shrimp growth.
The study is scheduled to conclude in November, with final results expected to serve as a "proof of concept" for Algene's approach in the aquaculture sector. According to market studies cited by the company, the global aquaculture market is projected to grow from USD 653.8 billion in 2026 to USD 1.2 trillion by 2034, representing a compound annual growth rate of 7.3%. This growth encompasses the breeding, rearing, and harvesting of various fish species, shellfish, and aquatic plants. The positive interim results position Algene to potentially capture a share of this expanding market.
Kai Maximilian Keller, CEO of Algene Holding SE, stated: "The interim results from the study are extremely promising. They indicate that our Spirulina microalgae product has the potential to generate significant positive economic impacts within the aquaculture industry. In the Technical University of Munich, we have a strong academic partner that enables us to tap into new growth markets - such as the aquaculture sector - with the successful conclusion of the study, expected in a few weeks, set to provide a major boost. Our advanced discussions with potential customers further demonstrate the strong demand for algae-based products."
The company is currently in advanced discussions with potential customers within the aquaculture sector. The use of high-purity, entirely natural Spirulina microalgae as a feed component is expected to yield significant economic benefits for shrimp farming, should the final results confirm the interim findings. For investors and industry observers, the study's outcome could signal a new, sustainable feed alternative that enhances productivity in shrimp farming, a key segment of the global seafood industry. The full release can be viewed through NEWMEDIAWIRE.
