The forecast for alive fresh European lobster production in capture fisheries in France from 2024 to 2028 shows a steady annual growth. Starting at 277.8 metric tons in 2024, the production is expected to rise to 304.6 metric tons by 2028. This reflects a consistent year-on-year increase, with the largest jump occurring between 2027 and 2028. Comparing to the 2023 figures, this forecast indicates a solid upward trajectory. Over the five-year forecast, the compound annual growth rate (CAGR) implies a modest but positive expansion of the industry, maintaining a stable growth trend.
Future trends to watch for include:
- Environmental changes impacting marine life and lobster populations.
- Regulatory shifts aimed at sustainable fishing practices.
- Market demand fluctuations, particularly from key European buyers.
- Technological advancements in capture fisheries efficiency.
