Lobster Market Size to Reach US$ 11.1 Billion by 2027, Exhibiting a CAGR of 9.94%
According to IMARC Group’s latest report, titled “ Lobster Market : Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027 ”, the global lobster market reached a value of US$ 6.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 11.1 Billion by 2027, exhibiting a CAGR of 9.94% during 2022-2027. A lobster represents a type of marine crustacean with long cylindrical bodies, muscular tails, stalked eyes, and five pairs of jointed legs. It is generally covered with a chitinous exoskeleton and is a rich source of protein, zinc, phosphorus, vitamin B12, magnesium, and vitamin E and with high concentrations of omega-3 and omega-6 fatty acids. Lobsters are widely considered a popular delicacy across the globe that can be prepared by boiling or steaming. They are consumed by individuals as lobsters provides various health benefits, such as repairing damaged tissues, strengthening bones, minimizing the risks of developing obesity and ...