Rolling along: Rising per capita disposable income and seafood consumption will likely bolster industry demand
The Sushi Restaurants industry is expecting strong growth over the five years to 2019. The industry, which is highly fragmented and consists mainly of small, owner-operator establishments, has performed well despite heightened competition from other retailers, the range of ethnic restaurants and American food service establishments that are also in direct competition. Shifting consumer preferences have changed the way industry operators function. Growing concerns toward the dwindling fish population and environmental destruction have led to the emergence of the sustainable sushi model. Over the five years 2024, the industry is expected to continue its expansion as the landscape evolves. US interest in Japanese cuisine heightened after the nation won the bid to host the 2020 Olympics in Tokyo. The industry’s largest operators are expected to expand nationwide to establish greater market share.
The industry is composed of restaurants primarily engaged in providing sushi-style foodstuffs to patrons who order and are served while seated by waitstaff or via conveyor belt-style delivery systems and pay after eating. These establishments may also sell alcoholic and other beverages to patrons.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of contents
ABOUT THIS INDUSTRY
INDUSTRY AT A GLANCE
Key External Drivers
Industry Life Cycle
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