Europe Lobster Market Report by Species (American Lobster, Spiny Lobster, Rock Lobster, European Lobster), Weight (0.5 - 0.75 lbs, 0.76 - 3.0 lbs, Over 3 lbs), Product Type (Whole Lobster, Lobster Tail, Lobster Meat, Lobster Claw), Distribution Channel (Food Service, Retail), and Country 2024-2032

Europe Lobster Market Report by Species (American Lobster, Spiny Lobster, Rock Lobster, European Lobster), Weight (0.5 - 0.75 lbs, 0.76 - 3.0 lbs, Over 3 lbs), Product Type (Whole Lobster, Lobster Tail, Lobster Meat, Lobster Claw), Distribution Channel (Food Service, Retail), and Country 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A2890
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Market Overview:

The Europe lobster market size reached 63.8 Kilo Tons in 2023. Looking forward, IMARC Group expects the market to reach 88.8 Kilo Tons by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. Changing lifestyles, benefits associated with the consumption of lobsters, and the increasing preference for domestically produced lobsters over imports from both the Caribbean and North America are key factors driving the market.

Report Attribute 
Key Statistics
Base Year
2023
Forecast Years
2024-2032
Historical Years
2018-2023
Market Size in 2023
63.8 Kilo Tons
Market Forecast in 2032
88.8 Kilo Tons
Market Growth Rate 2024-2032 3.6%


A lobster is a type of marine crustacean that belong to the family Nephropidae. It has a distinct appearance: a hard exoskeleton, two large claws, and a long, spiny tail. It is commonly found in cold oceans, particularly in the North and North Atlantic. It is considered a delicacy in many parts of the world and is often served boiled, steamed, or grilled. The meat is rich, tender, and flavorful, making it a popular choice for seafood lovers. It is also a good source of protein, vitamins, and minerals, including calcium, iron, and zinc. There are several species of lobster, but the most commonly consumed species are the American lobster and the European lobster. American lobsters are found primarily in the waters off the northeastern coast of North America. In contrast, European lobsters are found in the waters off the coasts of Europe and North Africa. Lobster is a delicious delicacy and a healthy food option as it is low in calories and rich in essential nutrients, such as selenium, copper, zinc, phosphorous, vitamin B12 and E, magnesium, and magnesium, and omega-3 fatty acid. These nutrients are crucial in maintaining a healthy body and are beneficial for various bodily functions. In Europe, lobsters are commonly available in whole and chopped pieces and are used to prepare a wide variety of dishes such as cocktails, soups, stews, sandwiches, and salads. This highlights the versatility of lobster in the culinary world and demonstrates the numerous ways it can be incorporated into various recipes to add flavor and nutrition.

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Europe Lobster Market Trends:

The lobster market in Europe is a significant segment of the seafood industry, with demand driven by its popularity as a luxury food item. Lobster is a high-value product often associated with fine dining and special occasions. The market is driven by factors such as the increasing demand for seafood, the growing popularity of lobsters as a gourmet food item, and the rising disposable incomes of consumers. Additionally, the growing awareness about the nutritional benefits of consuming lobster is expected to contribute to the market growth. The lobster market in Europe is predominantly influenced by the growing demand for domestically sourced lobsters. European lobsters are highly regarded for their superior quality compared to their American and Canadian counterparts and are also relatively more affordable than the others. Some of the other factors contributing to the market include the rapid expansion of numerous gourmet restaurant chains and the easy availability of canned lobsters across the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe lobster market report, along with forecasts at the regional and country level from 2024-2032. Our report has categorized the market based on species, weight, product type and distribution channel.

Species Insights:

 

 
 

 

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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  • American Lobster
  • Spiny Lobster
  • Rock Lobster
  • European Lobster
     

The report has provided a detailed breakup and analysis of the lobster market based on the species. This includes American lobster, spiny lobster, rock lobster, and European lobster. Among these, American lobster dominates the market.

Weight Insights:

  • 0.5 - 0.75 lbs
  • 0.76 - 3.0 lbs
  • Over 3 lbs
     

A detailed breakup and analysis of the lobster market based on the weight have also been provided in the report. This includes 0.5 - 0.75 lbs, 0.76 - 3.0 lbs, and over 3 lbs. Among these, 0.5 - 0.75 lbs dominate the market.

Product Type Insights:

  • Whole Lobster
  • Lobster Tail
  • Lobster Meat
  • Lobster Claw
     

A detailed breakup and analysis of the lobster market based on the product type have also been provided in the report. This includes whole lobster, lobster tail, lobster meat, and lobster claw. Among these, whole lobster dominates the market.

Distribution Channel Insights:

  • Food Service
  • Retail
     

A detailed breakup and analysis of the lobster market based on the distribution channel have also been provided in the report. This includes food service and retail. Among these, food service dominates the market.

Country Insights:

  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Others
     

The report has also provided a comprehensive analysis of all the major regional markets, which include Germany, France, the United Kingdom, Italy, Spain, and others.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the Europe lobster market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Kindly note that this only represents a partial list of companies and the complete list has been provided in the report.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units Kilo Tons
Segment Coverage Species, Weight, Product Type, Distribution Channel, Country
Countries Covered Germany, France, United Kingdom, Italy, Spain, Others
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)


Key Benefits for Stakeholders:

  • IMARC’s report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Europe lobster market from 2018-2032.
  • The research study provides the latest information on the market drivers, challenges, and opportunities in the Europe lobster market.
  • The study maps the leading, as well as the fastest-growing, regional markets. It further enables stakeholders to identify the key country-level markets.
  • Porter's five forces analysis assists stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Europe lobster industry and its attractiveness.
  • Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market. 

Key Questions Answered in This Report

The Europe lobster market reached a volume of 63.8 kilo Tons in 2023.

We expect the Europe lobster market to exhibit a CAGR of 3.6% during 2024-2032.

The extensive utilization of lobster in the preparation of soups, stews, sandwiches, salads, etc., owing to its high nutrient value and low calorie content, is currently driving the Europe lobster market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several European nations resulting in temporary halt in aquaculture activities and supply chain disruption of lobsters.

Based on the species, the Europe lobster market has been divided into American lobster, Spiny lobster, Rock lobster, and European lobster. Among these, American lobster currently exhibits a clear dominance in the market.

Based on the weight, the Europe lobster market can be categorized into 0.5 – 0.75 lbs, 0.76 – 3.0 lbs, and over 3 lbs. Currently, 0.5 – 0.75 lbs holds the majority of the total market share.

Based on the product type, the Europe lobster market has been segmented into whole lobster, lobster tail, lobster meat, and lobster claw. Among these, whole lobster currently represents the largest market share.

Based on the distribution channel, the Europe lobster market can be bifurcated into food service and retail. Currently, food service accounts for the majority of the total market share.

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Europe Lobster Market Report by Species (American Lobster, Spiny Lobster, Rock Lobster, European Lobster), Weight (0.5 - 0.75 lbs, 0.76 - 3.0 lbs, Over 3 lbs), Product Type (Whole Lobster, Lobster Tail, Lobster Meat, Lobster Claw), Distribution Channel (Food Service, Retail), and Country 2024-2032
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