Forecast: Alive Fresh Norway Lobster Production in Capture Fisheries for Human Consumption in France

In 2023, France's production of alive fresh Norway lobsters in capture fisheries for human consumption stood at an unspecified baseline metric. Moving forward, the forecasted values indicate a steady increase in production value from 2024 to 2028. Specifically, the year-on-year increases are relatively consistent, showcasing gradual growth of approximately 1.68% annually from 2024 to 2025 and continuing this trend with subsequent slight increments each year through to 2028. Over a five-year period, the compound annual growth rate (CAGR) reflects a stable rise, demonstrating confidence in the increasing market value of this sector.

Future trends to watch for include:

  • Sustainability practices impacting production methods and consumer preferences.
  • The impact of regulations related to fisheries management and environmental protections.
  • Market demand fluctuations, particularly influenced by changes in global culinary trends and seafood consumption habits.
  • Economic factors and inflation affecting pricing and cost structures in the seafood industry.

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