An overview on microalgae as renewable resources for meeting sustainable development goals

The increased demands and dependence on depleted oil reserves, accompanied by global warming and climate change have driven the world to explore and develop new strategies for global sustainable development. Among sustainable biomass sources, microalgae represent a promising alternative to fossil fuel and can contribute to the achievement of important Sustainable Development Goals (SDGs). This article has reviewed the various applications of microalgal biomass that includes (i) the use in aquaculture and its sustainability; (ii) commercial value and emerging extraction strategies of carotenoids; (iii) biofuels from microalgae and their application in internal combustion engines; (iv) the use and reuse of water in microalgae cultivation; and (v) microalgae biotechnology as a key factor to assist SDGs. The future prospects and challenges on the microalgae circular bio economy, issues with regard to the scale-up and water demand in microalgae cultivation are also highlighted. [Display omitted] •Microalgae are suitable options to increase the sustainability in several industries.•Challenges and perspectives to optimize microalgae cultivation are discussed.•Challenges associated with microalgae–based biofuels are discussed.•The role of microalgae in the achievement of the SDGs are presented.