The forecast for Alive Fresh Spiny Lobster production in capture fisheries for human consumption in France shows consistent growth from 2024 through 2028. In 2023, the actual production was at 120 metric tons, serving as the benchmark for these projections. The expected growth rates demonstrate a compounded annual growth rate (CAGR) of approximately 9.2% over the next five years. Year-on-year growth for 2024, 2025, and onwards maintain a positive trajectory, indicating robust expansion in this segment of the seafood market.
Future trends to watch for:
- Potential shifts in consumer preferences towards sustainable seafood, which could influence production practices and demand.
- Impact of regulatory changes or environmental policies on capture fisheries and lobster production.
- Technological advancements in fisheries management that could optimize yields and enhance supply chain efficiencies.
- Evolving trade agreements or geopolitical developments that may affect exports and imports within the EU and beyond.