In 2023, the production value of alive fresh lobsters in capture fisheries for human consumption in France was recorded at 38.2 million euros. Forecasted data from 2024 to 2028 indicates a steady annual growth in production value, beginning with 40.246 million euros in 2024 and reaching 50.241 million euros by 2028. Year-on-year growth rates span from 6.3% to 5.8%, showcasing a consistent increase in market value. The compound annual growth rate (CAGR) over this period stands at approximately 5.7%, signifying a stable upward trend.
Future trends to watch for:
- Potential shifts in consumer preferences towards sustainable seafood options.
- Impact of regulatory changes on fishing quotas and sustainability practices.
- Technological advancements in aquaculture affecting capture fisheries.
