In 2023, the total lobsters production in capture fisheries in France was valued at 57.128 million euros. Forecast data indicates a steady decline in value, from 55.555 million euros in 2024 to 49.513 million euros in 2028. This represents a year-on-year decline of approximately 2.76% in 2025, 2.81% in 2026, 2.86% in 2027, and 2.92% in 2028. The compound annual growth rate (CAGR) for this period is estimated at -2.61%, reflecting a gradual decrease in production value.
Future trends to watch for include:
- Impact of regulatory changes on capture fisheries management.
- Shifts in consumer preferences towards sustainable and certified seafood.
- Technological advancements in fisheries that may improve efficiency or sustainability.
- Climate change effects on lobster populations and their habitats.