Japan: Food Service - Hotel Restaurant Institutional
The hotel, restaurant and institutional (HRI) food service industry performed favorably in 2014 and 2015, finally recovering from the prolonged negative impacts of the March 2011 earthquake. Despite the 2014 consumption tax increase setting the broader economy back a step, increased per capita and corporate dining expenditures and steady tourism growth, helped to keep HRI sales growth buoyant in 2014 and 2015. U.S. suppliers remain well positioned to compete in many product categories in the intensely competitive and continually evolving Japanese HRI market.
Japan: Food Service - Hotel Restaurant Institutional