In 2023, the production of fresh European lobster in Germany's capture fisheries stood at approximately 39.19 metric tons. The forecast indicates a progressive increase in production from 49.19 metric tons in 2024 to 88.9 metric tons by 2028. This represents a 10.09% year-on-year increase from 2024 to 2025, followed by a 16.87% increase in 2026, a 14.32% increase in 2027, and an 11.08% increase in 2028. The compound annual growth rate (CAGR) over this forecast period is approximately 18.79%, highlighting significant growth potential in this sector.
Future trends to watch for include:
- Environmental regulations impacting sustainable lobster harvesting practices.
- Changes in consumer demand and market access within the EU post-Brexit.
- Potential impact of climate change on marine ecosystems affecting lobster habitats.
