In 2024, the production of whole fresh lobsters in capture fisheries for consumption in France is forecasted to begin its upward trend from 19.315 million euros, following the levels in 2023. The projections indicate a steady increase with each passing year, reaching 24.799 million euros by 2028. The year-on-year percentage change shows consistent growth: 7.2% from 2024 to 2025, 6.7% from 2025 to 2026, 6.2% from 2026 to 2027, and 5.8% from 2027 to 2028. This results in a compound annual growth rate (CAGR) of approximately 6.3% over the five-year period.
Future trends to watch for include:
- Potential impacts of climate change on lobster populations and catch rates.
- Changes in consumer preferences towards sustainable seafood sourcing.
- Regulatory changes that could affect capture fisheries operations.
- Influence of economic factors such as inflation and disposable income levels on market demand.
