Global sushi restaurants market to reach USD xx billion by 2027.Global sushi restaurants market is valued approximately at USD xx Billion in 2020 and is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2021-2027. Sushi is considered as a traditional Japanese dish prepared with vinegared rice and other ingredients; due to the gained popularity, the dish is available in restaurants around the world. The global Sushi Restaurants market is being driven by high demand for Japanese food by foreign tourists. According to Statista, in 2020, 96.4% of foreign tourists visiting Japan prefer eating Japanese food. The other driving factor is the increase in production of rice which supports the production of sushi. According to the Food and Agriculture Organization, there has been an increase in area harvested for rice cultivation in United States of America from 0.96 million hectares in 2017 to 1.00 million hectares in 2019. Also, the same increased for Africa from 16.29 million hectares in 2017 to 17.11 in 2019 million hectares. Furthermore, increase in outdoor food dining, growing international tourism and introduction of new innovative sushi dishes at restaurants, such as Nigiri sushi, will create lucrative new opportunities for the global Sushi Restaurants industry. However, high prices of sushi in many countries such as India may impede market growth over the forecast period of 2021-2027.
The regional analysis is based on the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World for the global Sushi Restaurants Market. Asia-Pacific is the leading region across the world in terms of market share owing to high preference of sushi, rising personal disposable income and outdoor eating in the region. Whereas, North America is anticipated to exhibit the highest CAGR over the forecast period 2021-2027 due to increase in demand for Asian food, presence of international multi-cuisine food restaurants, and increasing tourism in the region.
Major market player included in this report are:
Freudenberg Group (Germany)
AESSEAL Plc (UK)
Smiths Group Plc (UK)
Flowserve Corporation (US)
A.W. Chesterton Company (US)
SKF (US)
Parker Hannifin (US)
Trelleborg AB (Sweden)
IDEX Corporation (US)
EnPro Industries, Inc. (US)
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product:
Single Sushi Restaurant
Conveyor Belt Sushi Restaurant
By Application:
Local Market
International Chain Market
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.
Target Audience of the Global Sushi Restaurants Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors