The forecast for the Lesser Slipper Lobster production in capture fisheries in France from 2024 to 2028 shows a consistent upward trend. In 2023, the production value stood at 15.0 thousand Euros. The projected values represent an increase year-on-year, with a notable growth rate of 7.3% in 2024, followed by similar increases each subsequent year. The Compound Annual Growth Rate (CAGR) over this five-year period is anticipated at approximately 6.6%.
Future Trends to Watch For:
- Potential changes in marine policies and sustainability practices impacting lobster fisheries.
- Impact of climate change on marine ecosystems and lobster populations.
- Advancements in fishing technology and practices that may enhance capture efficiency.
- Economic factors influencing market demand and pricing of Lesser Slipper Lobsters.