Sushi Restaurants

Sushi Restaurants

Global Sushi Restaurants Market to Reach US$22.5 Billion by 2030

The global market for Sushi Restaurants estimated at US$19.5 Billion in the year 2023, is expected to reach US$22.5 Billion by 2030, growing at a CAGR of 2.0% over the analysis period 2023-2030. Regular Dine-in Sushi Restaurants (RDSR), one of the segments analyzed in the report, is expected to record a 1.9% CAGR and reach US$16.9 Billion by the end of the analysis period. Growth in the Conveyor Belt Type Sushi Restaurants (CBSR) segment is estimated at 2.5% CAGR over the analysis period.

The U.S. Market is Estimated at US$5.3 Billion While China is Forecast to Grow at 4.2% CAGR

The Sushi Restaurants market in the U.S. is estimated at US$5.3 Billion in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$4.4 Billion by the year 2030 trailing a CAGR of 4.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 0.5% and 1.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 0.9% CAGR.

Sushi Restaurants - Key Trends and Drivers

Sushi restaurants specialize in serving sushi, a Japanese dish that has gained immense popularity worldwide. This cuisine primarily features vinegared rice combined with a variety of ingredients, including seafood, vegetables, and occasionally tropical fruits. Sushi comes in numerous forms, such as nigiri (slices of raw fish over pressed vinegared rice), sashimi (sliced raw fish), and maki (rice and fillings wrapped in seaweed). Sushi restaurants range from casual dining spots to high-end establishments where the preparation and presentation of sushi are considered culinary art. The meticulous preparation involved, from the selection of ingredients to the artful presentation, reflects a culture deeply rooted in tradition and precision.

The appeal of sushi restaurants extends beyond the food itself to encompass the dining experience, which can vary significantly from one establishment to another. On one end of the spectrum, conveyor belt sushi restaurants offer a quick and interactive dining experience, making sushi accessible and enjoyable for a wide audience. On the other end, traditional sushi bars, where chefs prepare dishes directly in front of patrons, offer a more personalized and high-end experience. These establishments often cultivate a sense of exclusivity and craftsmanship, attracting diners who appreciate the subtleties of fine sushi. The globalization of sushi has also led to innovative cross-cultural dishes, such as incorporating local flavors and ingredients, which have broadened its appeal in international markets.

The growth in the sushi restaurant market is driven by several factors, including globalization of culinary tastes, increased consumer interest in healthy dining options, and advancements in food preservation and safety technology. As global travel and cultural exchange increase, more people are seeking authentic and diverse food experiences, which sushi offers with its unique flavors and health benefits like high protein and omega-3 fatty acids. Additionally, with rising health consciousness, sushi is seen as a desirable choice among consumers aiming for a balanced diet. Technological advancements in refrigeration and logistics have also made it easier to maintain the freshness of raw ingredients, expanding the potential market for sushi restaurants even in regions far from the ocean. These trends, combined with the growing culinary sophistication of consumers who appreciate the art of sushi, continue to drive the expansion and evolution of the sushi restaurant industry.

Select Competitors (Total 36 Featured) -

• Choushimaru Co. Ltd.
• FOOD and LIFE Co. Ltd.
• Fuji Sushi
• Genki Sushi-Singapore Pte. Ltd.
• Hinata Sushi
• Innovative Dining Group
• Kappa Create Co. Ltd.
• Kura-Sushi USA Inc.
• Lettuce Entertain You Enterprises Inc.
• Pisces Sushi and Global Bistro
• Restaurant Wasabi-Sushi
• Sakae Holdings Ltd.
• SUSHI-EXPRESS GROUP Pte Ltd.
• YO! Sushi UK Limited
• Zensho Holdings Co. Ltd.
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