Integrated microalgal biorefinery for the production and application of biostimulants in circular bioeconomy

Adverse detrimental impacts of environmental pollution over the health regimen of people has driven a shift in lifestyle towards cleaner and natural resources, especially in the aspects of food production and consumption. Microalgae are considered a rich source of high value metabolites to be utilized as plant growth biostimulants. These organisms however, are underrated compared to other microbial counterparts, due to inappropriate knowledge on the technical, enviro-economical constrains leading to low market credibility. Thus, to avert these issues, the present review comprehensively discusses the biostimulatory potential of microalgae interactively combined with circular bio-economy perspectives. The biochemical content and intracellular action mechanism of microalgal biostimulants were described. Furthermore, detailed country-wise market trends along with the description of the existing regulatory policies are included. Enviro-techno-economic challenges are discussed, and the consensus need for shift to biorefinery and circular bio-economy concept are emphasized to achieve sustainable impacts during the commercialization of microalgal biostimulants.