Write a note on economic importance of algae.

AlgaeAlgae are useful to man in a variety of ways. At least a half of the total carbon dioxide fixation on earth is carried out by algae through photosynthesis. Being photosynthetic they increase the level of dissolved oxygen in their immediate environment. They are of paramount importance as primary producers of energy-rich compounds, which form the basis of the food cycles of all aquatic animals. Many species of Porphyra, Laminaria and Sargassum are among the 70 species of marine algae used as food. Certain marine brown and red algae produce large amounts of hydrocolloids (water holding substances), e.g., algin (brown algae) and carrageen (red algae) are used commercially. Agar, one of the commercial products obtained from Gelidium and Gracilaria are used to grow microbes and in preparations of ice-creams and jellies. Chlorella and Spirullina are unicellular algae, rich in proteins and are used as food supplements even by space travelers.