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, entirely natural 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, according to the company.
The implications of these early results are significant for both Algene and the broader aquaculture industry. Should the final results confirm the interim findings, the Spirulina microalgae could generate substantial economic advantages for aquaculture producers. The study is scheduled to conclude in November, and its final results are expected to serve as a "proof of concept" for Algene's approach in the aquaculture sector, effectively supporting and accelerating the company's entry into this market.
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% over the forecast period, according to market studies cited by the company. This growth encompasses the breeding, rearing, and harvesting of various fish species, shellfish, and aquatic plants. Algene is currently in advanced discussions with potential customers within this dynamically growing sector, further demonstrating demand for algae-based products.
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 collaboration with TUM positions Algene to leverage academic research as a foundation for commercial expansion. The study's focus on feed acceptance and consumption rates addresses a critical cost factor in shrimp farming, where feed efficiency directly affects profitability. If the final results, due in November, confirm the interim data, Algene could establish a foothold in a market that is expanding at a pace well above global economic growth, with the company's natural Spirulina product potentially offering a sustainable alternative to conventional feed additives. The original release can be viewed on www.newmediawire.com.
