The UK’s whole fresh European lobster production from capture fisheries for human consumption is forecasted to grow from 2.14 thousand metric tons in 2024 to 2.25 thousand metric tons by 2028. In 2023, production stood at approximately 2.12 thousand metric tons. The year-on-year growth rates depict a consistent increase: 2025 by 1.4%, 2026 by 1.4%, 2027 by 0.91%, and 2028 by 1.35%. The compound annual growth rate (CAGR) over the forecast period is around 1.23%.
Future trends to watch for include potential impacts of climate change on lobster habitats, Brexit’s continued influence on fisheries regulations, and shifts in consumer demand towards sustainable seafood options. These factors could significantly impact production levels and market dynamics, necessitating close monitoring and adaptable strategies. Additionally, advancements in fishing technology and practices may also influence future production outcomes.
