Forecast: Total Lobsters Production in Capture Fisheries for Human Consumption in France

In 2023, France's lobster production in capture fisheries for human consumption was valued at approximately €49.85 million. The forecast for 2024 to 2028 shows a gradual decline: €49.66 million in 2024, €49.47 million in 2025, €49.29 million in 2026, €49.10 million in 2027, and €48.92 million in 2028. The yearly percentage decrease remains consistent, reflecting a modest contraction in the sector. Over this period, the compound annual growth rate (CAGR) signifies a decline, emphasizing a downward trend.

Future trends to watch for:

  • Sustainable fishing practices and regulations that could impact production volumes.
  • Potential shifts in consumer preferences towards alternative seafood options.
  • Economic factors affecting the cost and demand for premium seafood products like lobsters.

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