Abstract:Microalgae are rich in lipids, proteins, and exopolysaccharides, serving as potential producers of high-value by-products. Compared with monoculture, microalgal co-culture offers advantages such as fast growth rates and strong resistance, increasing the microalgal biomass and lipid production. Biomass production by microalgae co-culture is influenced by environmental conditions, nutrient composition, and external stress, and the produced biomass can be utilized for biofuel production and food processing. This article introduces the types of microalgal co-culture systems and reviews the related studies on the production of high-value by-products. It summarizes the factors influencing biomass production in microalgal co-culture systems and highlights the potential of microalgal co-culture for resource utilization. Furthermore, this article discusses the prospects and challenges of microalgal co-culture.