The forecast for Alive Fresh Norway Lobster production in capture fisheries in France shows a steady increase from 2024 to 2028. In 2023, the production stood at approximately 2.61 thousand metric tons. The year-on-year growth is consistent, with increases ranging from approximately 3.33% to 3.36%. This consistent growth suggests a stable improvement in production capabilities or increased demand.
The last five-year compound annual growth rate (CAGR) is expected to be around 2.72%, indicating a moderately positive growth trajectory. This analysis highlights steady growth in the industry, suggesting favorable conditions or market demand sustaining through 2028.
Future trends to watch for include changes in environmental regulations, which could impact capture fisheries strategies, as well as advancements in sustainable fishing practices that may influence production levels. Additionally, market demand shifts, particularly from export markets, may lead to increased pressure on production capacities.
