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Research Outline
Prepared for Mark | Delivered November 19, 2019
US Seafood Expenditure
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Goals
Identify the total amount spent by US consumers on seafood per year, including specifically at restaurants and quick-service restaurants.
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Early Findings
Total Expenditure
US consumers per capita ate
16 lbs
of seafood in 2017.
This equated
$69.6 billion
for seafood expenditures at food service establishments (including restaurants, carry-outs, caterers, etc.).
In 2017, US consumers spent
$32.5 billion
on seafood sold in retail sales for home consumption.
In 2017, US consumers spent
$39.8 million
for industrial fish products.
Quick-Service Restaurants
Very limited information was found regarding how much seafood is consumed at different types of restaurants, including quick-service restaurants.
However, according to NHANES data from 2000, only
4%
of seafood is consumed at fast-food restaurants.
The top
10 US seafood chains
include Red Lobster, Landrys/Joes Crab Shack/Chart House, Long John Silvers, Captain Ds Seafood, McCormick &
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Grill, Legal Seafood, McGrath’s Fish House, Bubba Gump Shrimp Co.,
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Seafood Grill, and Shells Restaurant.
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