In 2023, the total production of True Lobsters and Lobsterettes in France's capture fisheries stood at 15 metric tons. Based on forecasted data, there is a consistent year-on-year increase in production from 2024 through 2028. The forecasted increase for 2024 is approximately 32.7% compared to 2023, followed by subsequent annual growth rates of around 24.6% in 2025, 19.8% in 2026, 16.5% in 2027, and 14.1% in 2028. The compound annual growth rate (CAGR) over this period is approximately 21.5%, indicating strong growth in this sector.
Future trends to watch for include potential changes in environmental regulations, shifts in consumer demand for sustainable seafood, and the impact of climate change on marine ecosystems. Monitoring these factors will be crucial for accurately forecasting long-term production trends in the French lobster and lobsterette industry.
