NRA forecast estimates that US restaurant sales will hit $632 billion record high in 2012

News 14:08 13/09/2014
(Seafood.com) Total U.S. restaurant industry sales will reach a record high of $632 billion this year, representing a 3.5% increase over 2011, and marking the second consecutive year that industry sales have topped $600 million, according to The National Restaurant Association’s 2012 Restaurant Industry Forecast, released Wednesday.

“As our nation slowly recovers from the economic downturn, restaurants continue to be a vital part of American lifestyles and our nation’s economy,” Dawn Sweeney, president and chief executive officer of the National Restaurant Association, said in a release. “We expect the nation’s nearly one million restaurants to post sales of $632 billion this year. Combine that with the fact that restaurant job growth is expected to outpace the overall economy for the 13th straight year, and it’s clear that the restaurant industry is once again proving to be a significant economic stimulant and strong engine for job creation.”

Despite the promising outlook, restaurateurs cited rising food costs, the sluggish economy, and building and maintaining sales volume as the top challenges they expect to face this year. The release notes that opportunities are still present for operators who understand and respond to consumer trends. Citing recent consumer research, the association points out that two out of five consumers have said that they are not using restaurants as often as they would like. Tech-savvy restaurants could also have an edge on competitors.

Nearly 4 in 10 diners said they would be likely to use an electronic ordering system or menu if it were available at table service restaurants. About half said they would like to use at-table electronic payment options, or use a restaurant’s smartphone app to view menus and make reservations.

At quickservice restaurants, four out of 10 diners said they would use in-store self-service ordering kiosks or use smartphone apps to look at menus, order delivery, or place online orders for pick up.

 

TIN MỚI CẬP NHẬT

VASEP published Report on Vietnam seafood exports in 2025

 |  11:00 11/02/2026

(seafood.vasep.com.vn) The year 2025 marked a pivotal milestone for Vietnam’s seafood industry in its restructuring process toward sustainability, transparency, and higher value creation, amid continued uncertainties in the global economic and trade environment. Prolonged inflation in major economies, the rising trend of trade protectionism, and increasingly stringent requirements related to environmental standards, traceability, and social responsibility have posed significant challenges to seafood production and exports. Nevertheless, overcoming these pressures, Vietnam’s seafood sector has gradually demonstrated its adaptability, maintained growth momentum, and laid an important foundation for the next stage of development.

Ca Mau’s shrimp-rice model proves effective in climate change adaptation

 |  09:28 09/02/2026

(seafood.vasep.com.vn) Amid the increasingly evident impacts of drought and saltwater intrusion, the shrimp-rice production model in Ca Mau province continues to prove itself as a viable direction, contributing to higher farmer incomes, improved soil conditions and the promotion of ecological and sustainable agricultural development.

Lam Dong tightens fishing vessel management in decisive crackdown on IUU fishing

 |  15:02 06/02/2026

(seafood.vasep.com.vn) The management of fishing vessels, monitoring of fishing activities, and handling of violations in the fisheries sector in Lam Dong province have continued to be implemented in a synchronized and stringent manner, contributing to raising awareness of legal compliance among fishermen and aiming to end illegal, unreported and unregulated (IUU) fishing.

Can Tho’s fishery output hits nearly 783,000 tons in 2025.

 |  15:12 04/02/2026

(seafood.vasep.com.vn) Can Tho’s fishery industry sustained steady growth in 2025 with total aquatic and marine output reaching nearly 783,000 tons, fulfilling 100% of the annual target. Aquaculture, capture fisheries and fishing fleet management were further strengthened, aiming for sustainable development in the coming years.

Pangasius exports in 2025 exceed USD 2 billion, with strong growth in multiple markets

 |  16:26 02/02/2026

(seafood.vasep.com.vn) In 2025, Vietnam’s pangasius export turnover reached nearly USD 2.2 billion, up 8% year-on-year. This result indicates that pangasius exports maintained their growth momentum despite significant volatility in the global market environment. In December 2025, pangasius export value reached USD 200 million, up 10% compared to December 2024. This solid performance in the final month of the year reflects increased import demand for consumption and inventory replenishment in key markets.

Vietnam’s tuna exports to Spain shift sharply toward processed segments

 |  09:48 26/01/2026

(seafood.vasep.com.vn) In 2025, Vietnam’s tuna exports to Spain experienced significant fluctuations. According to Vietnam Customs, during the first 11 months of 2025, export turnover for the first 11 months of the year edged up by 0.3% year-on-year, reaching nearly $15 million.

VIFTA expands opportunities for Vietnamese seafood enterprises in the Israeli market

 |  09:02 22/01/2026

(seafood.vasep.com.vn) Deputy Prime Minister Bui Thanh Son has signed Decision No. 16/QD-TTg, dated January 5, 2026, approving the implementation plan for the Vietnam-Israel Free Trade Agreement (VIFTA). Under the plan, in the coming period, ministries, ministerial-level agencies, government-affiliated entities and People’s Committees of provinces and centrally-run cities must institutionalize and execute tasks focused on the dissemination of information regarding VIFTA and the Israeli market; legislative and institutional development, as well as enhancing competitiveness and human resource growth...

Vietnam’s fish cake and surimi exports surge, EU market emerging as a late-2025 growth driver

 |  09:43 20/01/2026

(seafood.vasep.com.vn) Beyond achieving double-digit growth, Vietnam’s fish cake and surimi exports are showing a notable year-end "inflection point": the EU his accelerating with nearly twofold growth, China & Hong Kong are rising sharply, while the largest market, South Korea, signaled a slowdown in November. According to Vietnam Customs data, export turnover of fish cake and surimi reached $327 million in the first 11 months of 2025, up 22% year-on-year; November 2025 alone accounted for $35 million, marking a 5% increase. This serves as a critical foundation for exporters to reassess market structures and competitive intensity while finalizing order strategies for 2026.

Ca Mau leads the nation in shrimp output

 |  10:08 16/01/2026

(seafood.vasep.com.vn) Ca Mau, widely regarded as the nation’s “shrimp capital”, continued its strong performance in 2025 as shrimp output reached nearly 600,000 tons, maintaining its position as Vietnam’s leading shrimp-producing locality.

Pangasius fingerling prices hit record highs

 |  15:21 14/01/2026

(seafood.vasep.com.vn) On December 29, 2025, at the 2025 Pangasius Industry Review Conference held in Can Tho City, the Vietnam Pangasius Association announced that fingerling prices have surged to record levels due to acute supply shortages.

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