Economic Relevance of Marine Biotechnology
Keywords:
Bioactive compounds, Blue economy, Economic development, AquacultureAbstract
Marine biotechnology has become a fast-growing field with significant economic potential across various industries, including pharmaceuticals, agriculture, aquaculture, environmental management, and bioenergy. The diverse biodiversity of marine organisms offers a valuable source of novel bioactive compounds, enzymes, and genetic resources that can be used for commercial and industrial purposes. Since oceans cover more than 70% of the Earth's surface, marine ecosystems present vast opportunities for innovation, economic growth, and sustainable development. This mini-review explores the economic significance of marine biotechnology, emphasizing its applications, economic benefits, and its role in national and global development. It also addresses the challenges and future prospects related to the commercialization of marine biotechnological products.
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Copyright (c) 2026 Emmanuel Oliver Fenibo (Author)
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