Global Lobster Market Report by Species (American Lobster, European Lobster, Spiny Lobster, and Rock

Renubresearch0116 Apr, 2024Business

Global Lobster Market was worth US$ 6.36 Billion in 2023. It is expected to grow at a CAGR of 8.81% from 2024 to 2032 and be valued at US$ 13.60 Billion by 2032. Lobster is experiencing a growing demand worldwide. Its reputation as a delicacy and flexible culinary utility drives this growth. Once considered a luxury reserved for unique occasions, lobster has become more readily available because of advancements in fishing and distribution.