On a roll: Despite competition, the industry will rebound as the economy improves

The Sushi Restaurants industry is serving up a fresh round of growth during the five-year period to 2017. Sushi establishments have grown in popularity as a result of consumers' increased health-consciousness and disposable incomes. The industry has also been boosted by the expanding palates of American consumers, who are increasingly seeking out diverse ethnic cuisines, especially in urban areas. Over the five years to 2022, operating conditions are forecast to continue to improve. As consumers' disposable incomes increase, demand for sit-down restaurants is anticipated to follow suit. The continued increases in profit levels are forecast to entice more restaurateurs into the industry, which will increase competition...purchase to read more.

Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 12-17
3.3%
Forecast Growth 17-22
Profit
Employment
22,759
Businesses
3,614
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The industry has been boosted by the expanding palates of American consumers
  • Different cuisines and flavors have begun to penetrate the traditional American diet
  • Consumer sentiment and the potential audience for higher-priced meals will continue to grow
  • Industry Report - Industry SWOT Analysis Chapter

    The Sushi Restaurants industry is in a mature stage of its life cycle. Over the 10 years to 2022, industry value added (IVA), which measures the industry's contribution to the US economy, is projected to grow an annualized 2.7%. By comparison, US GDP is forecast to rise an annualized 2.0% during the same period. The industry's strongest growth occurred in the years prior to the recession as sushi became a main-stream cuisine. The introduction of the California roll in the 1980s is largely credited with driving the sushi industry in the United States. Since then, sushi chefs have continued to experiment with innovative combinations, including jalapenos and tempura batters. Beyond ingredients, however, sushi preparation remains largely the same...purchase to read more.

    Additional Insights for the Sushi Restaurants Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sushi Restaurants Industry are

  • High-quality inputs
  • A highly skilled workforce
  • Word-of-mouth recommendations
  • IBISWorld analysts also discuss how external factors such as Per capita disposable income and Healthy eating index in the Sushi Restaurants industry impact industry performance..

    shopping_cartPURCHASE OPTIONS

    What's in this report

    What is the Sushi Restaurants Industry?

    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.

    Industry Products
  • Full-service dining sushi sales
  • Beverage sales
  • Take-out sushi sales
  • Industry Activities
  • Preparing and serving sushi
  • Preparing and serving alcoholic drinks
  • Preparing and serving other food and beverages
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per capita disposable income
  • Healthy eating index
  • Price of seafood
  • Households earning more than $100,000
  • Per capita seafood consumption

  • Current Performance
  • Consumer spending increases
  • Eating habits and prices
  • Profit holds steady
  • Chart: Revenue Growth

  • Industry Outlook
  • Disposable incomes to return
  • Competition to increase
  • Seafood prices to help margins
  • Table: Sushi Restaurants Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sushi Restaurants Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Consumers

  • Key Selling Industries
  • Fish & Seafood Aquaculture
  • Fishing
  • Flour Milling
  • Restaurant & Hotel Equipment Wholesaling
  • Seafood Preparation

  • Products & Services
  • Full-service dining sushi sales
  • Beverage sales
  • Take-out sushi sales
  • Chart: Sushi Restaurants Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Households with incomes higher than $100,000
  • Households with incomes from $50,000 to $100,000
  • Households with incomes less than $50,000
  • Non-households
  • Chart: Major Market Segmentation for the Sushi Restaurants Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent and utilities DepreciationOther
  • Chart: Cost Structure Benchmarking – Sector vs Sushi Restaurants

  • Basis of Competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sushi Restaurants Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Sushi Restaurants Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sushi Restaurants Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Consumer spending (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Maki
  • A Japanese term for a rolled sushi dish.
  • Sashimi
  • A Japanese delicacy consisting of very fresh raw meat or fish sliced into thin pieces.
  • Sushi
  • Any of various Japanese foods that contain rice cooked and soaked in vinegar, including rolls, hand rolls and nigiri.
  • Tempura
  • A frying technique that coats sushi ingredients in a light and crispy batter.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sushi Restaurants Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Sushi Restaurants industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sushi Restaurants:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sushi Restaurants market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sushi Restaurants, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    Contact Us

    Want to speak to a representative? Call us.

    clear