Forecast: Number of Employees in Meat Processing Sector in Belgium

The number of employees in the meat processing sector in Belgium stood at approximately 14.15 thousand in 2023. Over the last two years (from 2021 to 2023), the year-on-year variations reflected a stable trend, with little fluctuation, showing slight increases of 0.34% consistently. The Compound Annual Growth Rate (CAGR) for the past five years from 2019 to 2023 showed an average annual growth rate of 1.33%. Future projections indicate a modest, yet stable increase in the sector's workforce. The forecast implies a CAGR of 0.26% over the next five years leading up to 2028, with an overall growth rate of 1.3%.

Future trends to watch for:

- Automation and technological advancements might enhance productivity, impacting employment needs.

- Policy changes and consumer shifts towards sustainable meat production could influence labor demands.

- Global economic conditions and trade policies may also affect employment in this sector.