The marine ecosystem, the largest on Earth, supports around 80 % of plant and animal species. Marine macroalgae, rich in polysaccharides like cellulose, remain underutilized despite their potential in a circular bioeconomy. Efficient valorization can promote sustainability, whereas mismanagement raises ecological concerns. Unlike lignocellulosic biomass, macroalgae lack lignin, making their processing unique. Global interest in macroalgae for biofuel applications is growing, particularly through polysaccharide-degrading biocatalysts like cellulases. Fungi, known for secreting extracellular cellulases and other enzymes, play a key role in biomass degradation. Marine fungi associated with macroalgae may possess enhanced enzymatic capabilities, enabling efficient algal polysaccharide breakdown. These fungi have immense potential in macroalgal biorefineries, facilitating the conversion of complex polysaccharides into oligosaccharides and monosaccharides for biofuels, pharmaceuticals, nutraceuticals, and cosmetics. Developing advanced bioprocessing technologies for marine fungi could provide robust cellulases that withstand industrial conditions, optimizing macroalgal biomass conversion. This review comprehensively examines cellulase production from marine fungi, their bioprocessing strategies, and their role in degrading macroalgal biomass. Additionally, other fungal enzymes and their industrial applications are briefly discussed. This study highlights the potential of marine fungi-derived cellulases in biofuel production, aligning with sustainable development goals and supporting global bioeconomic advancements.