The report explores Australia’s algae and seaweed opportunities, focusing on their applications in health, food, and environmental sustainability. It highlights algae’s role in producing omega-3 fatty acids, beta-carotene, and collagen precursors, emphasizing Australia’s potential as a “clean, green” supplier for the nutraceutical market. Algae farming aligns well with Australia’s climate, offering diverse market potential across food, supplements, and skincare industries. The report also identifies regulatory hurdles, infrastructure needs, and bioprospecting complexities as key challenges.