In 2023, the total European lobster production in capture fisheries for human consumption in the UK stood at 34.5 million euros. Forecasts show a steady increase from 2024 to 2028, with values rising from 35.278 million euros in 2024 to 38.267 million euros in 2028. The year-on-year variation shows incremental growth of about 2% annually. Over the five years, the compound annual growth rate (CAGR) suggests an average annual growth of approximately 2.1%.
Future trends to watch for include sustainable fishing practices, potential regulatory changes impacting capture fisheries, and shifts in seafood consumption patterns driven by climate change and consumer preferences toward local sourcing.
