Post-COVID shifts in US restaurant sector may not benefit seafood long-term
'One of the challenges for seafood that has left it lagging behind other categories is that it is a little more overdeveloped in the full-service dining segment ...'
US restaurants sales are forecast to exceed $1.1 trillion (€1 trillion) this year, reaching a new record.
How much seafood will benefit from this growth, however, is unclear.
The pandemic substantially reshaped the US foodservice sector: According to the National Restaurant Association (NRA), an estimated 110,000 US restaurants shut down in 2020 -- many of them permanently, most of them either casual or high-end restaurants, areas where seafood traditionally stars as a center-of-the-plate attraction and price is not a detriment.