Algal production is a promising and an important field of research because of its healthy and environmental advantages as the main problem is that there is an increase in the prices of oil and natural gas and there is a need to find other alternatives, accordingly the best solution is producing Spirulina algae. The high and rapid growth rates, high oil contents and high nutritional values, high per acre yield and ability to reduce the greenhouse gas concentration in the atmosphere, easy and cheap to produce locally. Spirulina has the potential to produce both food and biofuel far more rapidly and efficiently, and with a much smaller environmental footprint than conventional crops, also sustainable solution to the problem of malnutrition. This paper focuses on the economic study of producing spirulina algae and its potential production and uses in Egypt.