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Europe Lobster Market to Reach 75.5 Kilo Tons by 2027, Impelled by Increasing Health Consciousness Among the Consumers

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Europe Lobster Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Europe lobster market size reached 58.4 Kilo Tons in 2021. Looking forward, IMARC Group expects the market to reach 75.5 Kilo Tons by 2027, exhibiting a growth rate (CAGR) of 4.27% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Lobster is a marine crustacean with hard shells and a pair of long claws. It is usually cooked by steaming or boiling as lobster is a highly prized delicacy across the globe. It is also a healthy food item with fewer calories and high amounts of vital nutrients, such as selenium, copper, zinc, phosphorous, vitamin B12 and E, magnesium, and omega-3 fatty acid. In Europe, lobsters are available in chopped or whole pieces to be used in the preparation of cocktails, soups, stews, sandwiches and salads.

 

 
 

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The Europe lobster market is primarily driven by the rising preference for domestically produced lobsters over imports from both the Caribbean and North America. European lobsters are considered to have better quality over American or Canadian lobsters and are also cheaper than the highly-priced North American variety. However, a new EU-Canada agreement called the Comprehensive Economic and Trade Agreement (CETA) was formed, eliminating tariffs on most kinds of seafood. Similarly, the US Government signed a deal with the European Union in 2020 for suspending tariffs on the imports of lobster products from the US for the next five years.

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 2022-2027. Our report has categorized the market based on species, weight, product type and distribution channel.

Breakup by Species:

 

 
 

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

Breakup by Weight:

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

Breakup by Product Type:

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

Breakup by Distribution Channel:

  • Food Service
  • Retail
     

Breakup by Country:

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

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units ‘000 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$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
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)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   Europe Lobster Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Species
    6.1    American Lobster
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Spiny Lobster
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Rock Lobster
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    European Lobster
        6.4.1 Market Trends
        6.4.2 Market Forecast
7   Market Breakup by Weight
    7.1    0.5 – 0.75 lbs
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    0.76 – 3.0 lbs
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Over 3 lbs
        7.3.1 Market Trends
        7.3.2 Market Forecast
8   Market Breakup by Product Type
    8.1    Whole Lobster
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Lobster Tail
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Lobster Meat
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Lobster Claw
        8.4.1 Market Trends
        8.4.2 Market Forecast
9   Market Breakup by Distribution Channel
    9.1    Food Service
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Retail
        9.2.1 Market Trends
        9.2.2 Market Forecast
10  Market Breakup by Country
    10.1    Germany
        10.1.1 Market Trends
        10.1.2 Market Breakup by Species
        10.1.3 Market Breakup by Weight
        10.1.4 Market Breakup by Product Type
        10.1.5 Market Breakup by Distribution Channel
        10.1.6 Market Forecast
    10.2    France
        10.2.1 Market Trends
        10.2.2 Market Breakup by Species
        10.2.3 Market Breakup by Weight
        10.2.4 Market Breakup by Product Type
        10.2.5 Market Breakup by Distribution Channel
        10.2.6 Market Forecast
    10.3    United Kingdom
        10.3.1 Market Trends
        10.3.2 Market Breakup by Species
        10.3.3 Market Breakup by Weight
        10.3.4 Market Breakup by Product Type
        10.3.5 Market Breakup by Distribution Channel
        10.3.6 Market Forecast
    10.4    Italy
        10.4.1 Market Trends
        10.4.2 Market Breakup by Species
        10.4.3 Market Breakup by Weight
        10.4.4 Market Breakup by Product Type
        10.4.5 Market Breakup by Distribution Channel
        10.4.6 Market Forecast
    10.5    Spain
        10.5.1 Market Trends
        10.5.2 Market Breakup by Species
        10.5.3 Market Breakup by Weight
        10.5.4 Market Breakup by Product Type
        10.5.5 Market Breakup by Distribution Channel
        10.5.6 Market Forecast
    10.6    Others
        10.6.1 Market Trends
        10.6.2 Market Breakup by Species
        10.6.3 Market Breakup by Weight
        10.6.4 Market Breakup by Product Type
        10.6.5 Market Breakup by Distribution Channel
        10.6.6 Market Forecast
11  SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12  Value Chain Analysis
    12.1    Fishers/Growers
    12.2    Intermediates 
    12.3    Processors
    12.4    Wholesalers
    12.5    Importers
    12.6    Institutional Buyers
    12.7    Retail Buyers
    12.8    Consumers
13  Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14  Price Analysis
15  Policy and Regulatory Landscape
16  Competitive Landscape
    16.1    Market Structure
    16.2    Key Players
    16.3    Profiles of Key Players

List of Figures

Figure 1: Europe: Lobster Market: Major Drivers and Challenges
Figure 2: Europe: Lobster Market: Volume Trends (in ‘000 Tons), 2016-2021
Figure 3: Europe: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 4: Europe: Lobster Market: Breakup by Species (in %), 2021
Figure 5: Europe: Lobster Market: Breakup by Weight (in %), 2021
Figure 6: Europe: Lobster Market: Breakup by Product Type (in %), 2021
Figure 7: Europe: Lobster Market: Breakup by Distribution Channel (in %), 2021
Figure 8: Europe: Lobster Market: Breakup by Country (in %), 2021
Figure 9: Europe: Lobster (American) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 10: Europe: Lobster (American) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 11: Europe: Lobster (Spiny) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 12: Europe: Lobster (Spiny) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 13: Europe: Lobster (Rock) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 14: Europe: Lobster (Rock) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 15: Europe: Lobster (European) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 16: Europe: Lobster (European) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 17: Europe: Lobster (0.5 – 0.75 lbs) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 18: Europe: Lobster (0.5 – 0.75 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 19: Europe: Lobster (0.76 – 3.0 lbs) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 20: Europe: Lobster (0.76 – 3.0 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 21: Europe: Lobster (Over 3 lbs) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 22: Europe: Lobster (Over 3 lbs) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 23: Europe: Lobster (Whole) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 24: Europe: Lobster (Whole) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 25: Europe: Lobster (Tail) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 26: Europe: Lobster (Tail) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 27: Europe: Lobster (Meat) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 28: Europe: Lobster (Meat) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 29: Europe: Lobster (Claw) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 30: Europe: Lobster (Claw) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 31: Europe: Lobster (Food Service) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 32: Europe: Lobster (Food Service) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 33: Europe: Lobster (Retail) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 34: Europe: Lobster (Retail) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 35: Germany: Lobster Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 36: Germany: Lobster Market: Breakup by Species (in %), 2021
Figure 37: Germany: Lobster Market: Breakup by Weight (in %), 2021
Figure 38: Germany: Lobster Market: Breakup by Product Type (in %), 2021
Figure 39: Germany: Lobster Market: Breakup by Distribution Channel (in %), 2021
Figure 40: Germany: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 41: France: Lobster Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 42: France: Lobster Market: Breakup by Species (in %), 2021
Figure 43: France: Lobster Market: Breakup by Weight (in %), 2021
Figure 44: France: Lobster Market: Breakup by Product Type (in %), 2021
Figure 45: France: Lobster Market: Breakup by Distribution Channel (in %), 2021
Figure 46: France: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 47: United Kingdom: Lobster Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 48: United Kingdom: Lobster Market: Breakup by Species (in %), 2021
Figure 49: United Kingdom: Lobster Market: Breakup by Weight (in %), 2021
Figure 50: United Kingdom: Lobster Market: Breakup by Product Type (in %), 2021
Figure 51: United Kingdom: Lobster Market: Breakup by Distribution Channel (in %), 2021
Figure 52: United Kingdom: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 53: Italy: Lobster Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 54: Italy: Lobster Market: Breakup by Species (in %), 2021
Figure 55: Italy: Lobster Market: Breakup by Weight (in %), 2021
Figure 56: Italy: Lobster Market: Breakup by Product Type (in %), 2021
Figure 57: Italy: Lobster Market: Breakup by Distribution Channel (in %), 2021
Figure 58: Italy: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 59: Spain: Lobster Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 60: Spain: Lobster Market: Breakup by Species (in %), 2021
Figure 61: Spain: Lobster Market: Breakup by Weight (in %), 2021
Figure 62: Spain: Lobster Market: Breakup by Product Type (in %), 2021
Figure 63: Spain: Lobster Market: Breakup by Distribution Channel (in %), 2021
Figure 64: Spain: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 65: Others: Lobster Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 66: Others: Lobster Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 67: Europe: Lobster Industry: SWOT Analysis
Figure 68: Europe: Lobster Industry: Value Chain Analysis
Figure 69: Europe: Lobster Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Europe: Lobster Market: Key Industry Highlights, 2021 and 2027
Table 2: Europe: Lobster Market Forecast: Breakup by Species (in ‘000 Tons), 2022-2027
Table 3: Europe: Lobster Market Forecast: Breakup by Weight (in ‘000 Tons), 2022-2027
Table 4: Europe: Lobster Market Forecast: Breakup by Product Type (in ‘000 Tons), 2022-2027
Table 5: Europe: Lobster Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2022-2027
Table 6: Europe: Lobster Market Forecast: Breakup by Country (in ‘000 Tons), 2022-2027
Table 7: Europe: Lobster Market: Competitive Structure
Table 8: Europe: Lobster Market: Key Players


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Key Questions Answered in This Report

The Europe lobster market reached a volume of 58.4 kilo Tons in 2021.

We expect the Europe lobster market to exhibit a CAGR of 4.27% during 2022-2027.

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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