The employment in the grain mill products sector in the Netherlands experienced fluctuating trends over the past decade. In 2023, employment reached 1.59 thousand FTEs, marking a consistent year-on-year increase from previous years. The past two years saw a YoY growth of 2.64% and 2.06% respectively. The most substantial growth occurred between 2018 and 2019, with a remarkable 23.14% increase in 2019. The sector's 5-year CAGR from 2019 to 2023 stood at 6.55%, indicating strong growth momentum.
Looking forward, the employment forecast shows a steady but modest increase with the 5-year CAGR from 2024 to 2028 projected at 0.75%. By 2028, employment is expected to reach 1.67 thousand FTEs, translating to a cumulative 5-year growth rate of 3.79%.
Future trends to watch for include:
- Technological advancements and automation which may impact employment dynamics in the sector.
- Shifts in consumer demand towards healthier and specialized grain products.
- Potential economic and regulatory impacts from sustainability initiatives and environmental policies.
