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algaculture

n. farming of algae (and/or kelp).

Wikipedia
Algaculture

Algaculture is a form of aquaculture involving the farming of species of algae.

The majority of algae that are intentionally cultivated fall into the category of microalgae (also referred to as phytoplankton, microphytes, or planktonic algae). Macroalgae, commonly known as seaweed, also have many commercial and industrial uses, but due to their size and the specific requirements of the environment in which they need to grow, they do not lend themselves as readily to cultivation (this may change, however, with the advent of newer seaweed cultivators, which are basically algae scrubbers using upflowing air bubbles in small containers).

Commercial and industrial algae cultivation has numerous uses, including production of food ingredients such as omega-3 fatty acids or natural food colorants and dyes, food, fertilizer, bioplastics, chemical feedstock (raw material), pharmaceuticals, and algal fuel, and can also be used as a means of pollution control.