In 2023, France's total spiny lobster production in capture fisheries stood at 116 metric tons. From 2024 to 2028, production is forecasted to increase steadily, with a year-on-year growth of approximately 13.2% to 8.5% from 2024 to 2028. The compound annual growth rate (CAGR) over this period is projected to be around 11.4%, indicating robust growth in production.
Future trends to watch for include:
- Advancements in sustainable fishing practices to maintain ecosystem balance.
- The impact of climate change on spiny lobster populations and capture rates.
- Regulatory changes impacting the fishing industry and export opportunities.