Global Sushi Restaurants Market, By Type (Single Sushi Restaurant, Conveyor Belt Sushi Restaurant), Application (Local Market, International Chain Market) – Industry Trends and Forecast to 2030.
Sushi Restaurants Market Analysis and Size
Restaurants that serve sushi are referred to as sushi restaurants. A form of rice that has been seasoned with vinegar and is served with raw fish or vegetables is referred to as sushi. One of the most popular meal items is the sushi roll (maki).
Data Bridge Market Research analyses that the sushi restaurants market, which was USD 7,562.04 million in 2022, would rocket up to USD 13,996.80 million by 2030, and is expected to undergo a CAGR of 8% during the forecast period. "Single sushi restaurant" dominates the type segment of the sushi restaurants market because of the ambiance and the company of friends and family, and it's a wonderful chance to connect over a common appreciation of fine cuisine.
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and consumer behaviour.
Sushi Restaurants Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2023
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Type (Single Sushi Restaurant, Conveyor Belt Sushi Restaurant), Application (Local Market, International Chain Market)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
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Market Players Covered
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Feng Sushi (U.K.), FOOD and LIFE COMPANIES Ltd. (Japan), Hamazushi Co., Ltd. (Japan), Innovative Dining Group (U.S.), Kappa Create Co., Ltd. (Japan), KURA SUSHI USA (U.S.)., Maxim's Caterers Limited. (Hong Kong), Peace Dining Corporation (U.S.), Sakae Holdings Ltd. (Singapore), Wasabi Sushi. (U.K.), GENKI SUSHI CO.,LTD. (Japan), Global Kitchen (India), Pisces Sushi Bistro (U.S.), THE SUSHI BAR (Singapore), Sushi Seki (U.S.), FUJI SUSHI (U.S.), Sushi Hashiri (U.S.), and SUSHI-SAN (U.S.) among others
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Market Opportunities
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Market Definition
Sushi is a form of Japanese cuisine mainly consisting of cooked rice, fish, and vegetables wrapped in seaweed or presented as sushi rolls. Sushi restaurants are businesses that specialize in the production and serving of sushi. Japanese food and culture are vital to sushi, and numerous sushi restaurants worldwide exist.
Sushi Restaurants Market Dynamics
Drivers
- The increase in popularity of the dish sushi, especially among the millennial population
Consumers' food and how it impacts their overall health are topics of increasing consumer awareness. The ability to spend money on high-quality food and diagnostic services to meet demands increases as wealth climbs. Customers usually reserve their visits to sushi restaurants for special occasions or as an occasional treat, choosing to spend most of their disposable income on cheaper items like groceries and fast food. The sector comprises eateries specializing in serving sushi-style meals to customers who place an order, are seated and served by waitstaff, or are served by conveyor belt-style delivery systems and pay after eating.
- The expansion due to evolving market strategies
The field of sushi restaurants is undoubtedly growing due to changing marketing tactics. The expanding marketing efforts of restaurant owners are driving the market for sushi restaurants. Sushi restaurants advertise their brands and products using print and electronic media. As a result of digitization and associated advancements, several participants in the sushi restaurant industry are concentrating on marketing techniques. Vendors frequently employ digital media as a marketing strategy.
The amount of time consumers spend on social networking sites like Facebook, Twitter, and Instagram is rising. As a result, sushi restaurants are turning to these websites to locate young people to recruit. Commercial entities like quick-service sushi restaurants use Twitter to market their businesses. Businesses are using these channels to attract the younger generation as a consequence. Commercial vendors, including quick-service sushi restaurants, utilize Twitter to increase brand awareness. They provide promotional bargains and food photography, which improves customer connection. On Instagram, where the recipient's attention is mostly on photos, restaurants upload pictures taken by freelance photographers they've hired to get followers.
Opportunity
- Renewable Energy Transition
The development of technology and the rise in the demand for sushi can help to meet growing market demand and extend profitable opportunities to the market players from 2023 to 2030. In addition, market participants will gain from advertising and product promotions to further expand the sushi restaurants market's future growth.
Restraint/Challenge
- Food contamination, jeopardizing the safety, and quality of the product
Most food service companies purchase/source their raw ingredients from outside suppliers, such as vegetables, meat, and dairy products. The safety and quality of the product might be compromised by contaminated food due to improper handling of these components. Food surfaces, kitchen floor surfaces, equipment, door handles, and hands can all become contaminated by germs. As a result, cross-contamination is the most frequent reason for food poisoning. Food surfaces, kitchen floor surfaces, equipment, door handles, and hands can all become contaminated by germs. As a result, cross-contamination is the most frequent reason for food poisoning.
This Sushi restaurants market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Sushi restaurants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- IN June 2023, At JR Noda Station (Fukushima-ku, Osaka), a new restaurant under the "Sushi Sake Sakana Sugitama" brand of FOOD & LIFE COMPANIES Ltd.
- In May 2023, In Minami Gyotoku (Ichikawa City, Chiba Prefecture), a new restaurant under the "Sushi Sake Sakana Sugitama" brand of FOOD & LIFE COMPANIES Ltd.
- In January 2022, BlueNalu, a well-known innovative food company that produces a range of seafood products straight from fish cells, announced a partnership with Food & Life Companies Ltd., a well-known international sushi restaurant operator. Japanese food service firm Food & Life Companies (F&LC) operates approximately 1,000 restaurants throughout Japan, Korea, Taiwan, Hong Kong, Singapore, Thailand, and Mainland China. Its brands include Sushiro and Kyotaru.
Global Sushi Restaurants Market Scope
The sushi restaurants market is segmented on the basis of type and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
TYPE
- Single Sushi Restaurant
- Conveyor Belt Sushi Restaurant
APPLICATION
- Local Market
- International Chain Market
Sushi Restaurants Market Regional Analysis/Insights
The sushi restaurants market is analysed and market size insights and trends are provided by country, type and application as referenced above.
The countries covered in the Sushi restaurants market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa
Asia-Pacific dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2023-2030. This is due to many key players and high regional sushi demand.
North America is the fastest-growing region because of the increasing preference for Asian food in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Sushi Restaurants Market Share Analysis
The Sushi restaurants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sushi restaurants market.
Some of the major players operating in the sushi restaurants market are:
- Feng Sushi (U.K.)
- FOOD and LIFE COMPANIES Ltd. (Japan)
- Hamazushi Co., Ltd. (Japan)
- Innovative Dining Group (U.S.)
- Kappa Create Co., Ltd. (Japan)
- KURA SUSHI USA (U.S.).
- Maxim's Caterers Limited. (Hong Kong)
- Peace Dining Corporation (U.S.)
- Sakae Holdings Ltd. (Singapore)
- Wasabi Sushi. (U.K.)
- GENKI SUSHI CO.,LTD. (Japan)
- Global Kitchen (India)
- Pisces Sushi Bistro (U.S.)
- THE SUSHI BAR (Singapore)
- Sushi Seki (U.S.)
- FUJI SUSHI (U.S.)
- Sushi Hashiri (U.S.)
- SUSHI-SAN (U.S.)
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