The global lobster market growth was valued at USD 8.3 Billion in 2024 and is projected to reach USD 16.5 Billion by 2033, growing at a CAGR of 8% during 2025-2033. The industry is driven by rising consumer demand for high-quality seafood, sustainability initiatives like MSC certifications, and growth in e-commerce seafood sales. North America holds over 48% of the market share in 2024,...
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