In 2023, the production of True Lobsters and Lobsterettes in France stood at 15 metric tons for human consumption. The forecasted growth shows a significant year-on-year increase of approximately 24.6% from 2024 to 2025, followed by a consistent annual growth of around 19.8% through 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be roughly 19.8%, indicating robust upward momentum in lobster production.
Future trends to watch for include potential fluctuations in production due to environmental changes, evolving regulations on capture fisheries, and shifts in consumer demand which could influence supply chain dynamics and market pricing. Monitoring these factors will be crucial for stakeholders in the lobster industry.
