The fresh European lobster production in capture fisheries for human consumption in France is forecasted to increase steadily from 2024 to 2028. In 2024, the value is projected to be 29.49 thousand euros per metric ton, rising to 35.42 thousand euros per metric ton by 2028. This indicates a consistent upward trend in production value.
From 2024 to 2025, an increase of approximately 5.1% is anticipated, followed by a similar growth rate of around 4.8% annually thereafter. The compound annual growth rate (CAGR) over this five-year period is approximately 4.7%, demonstrating a robust growth trajectory.
Future trends to watch include:
- Potential impacts of climate change on lobster habitats and capture rates.
- Shifts in consumer preferences towards sustainable seafood options.
- Regulatory changes affecting fisheries and trade policies.
- Technological developments in capture and processing efficiency.
