In 2023, the production of tails frozen lobsters in capture fisheries in the UK stood at 68.75 metric tons. From 2024, we observe a consistent year-on-year increase, with production forecasted to be 72.75 metric tons, rising by approximately 6.1% to 77.12 metric tons in 2025, then a 5.6% increase to 81.4 metric tons in 2026, followed by a 5.1% rise to 85.59 metric tons in 2027, and a 4.8% increment to 89.7 metric tons in 2028. The compound annual growth rate (CAGR) over this period is projected to be around 5.6%.
Future trends to watch for include:
- Potential impact of environmental regulations on capture fisheries.
- Technological advancements in fishing and freezing techniques.
- Changes in consumer preferences and demand for sustainable seafood options.
- Brexit-related effects on exports and imports, affecting production incentives.
