In 2023, the production of fresh European lobster from French capture fisheries for human consumption was valued at 16.58 million euros. The forecast from 2024 to 2028 shows a steady increase, with values expected to reach 17.839 million euros by 2028. Year-on-year growth is projected between 1.5% and 1.7%, with a compound annual growth rate (CAGR) of approximately 1.5% over the forecast period.
Future trends to watch for include:
- Potential impacts from climate change on marine ecosystems and lobster populations.
- Changes in consumer preferences towards sustainable and locally sourced seafood.
- Regulatory adjustments in fishing practices impacting capture fisheries.