The forecast for employment in the UK's food and beverage services sector indicates a steady growth, with employment figures increasing from 2.0016 million in 2024 to 2.082 million by 2028. This upward trend continues from 2023, where employment stood just below the 2024 forecast. Year-on-year growth shows a consistent increase, reflecting a stable expansion of the sector. The compound annual growth rate (CAGR) highlights moderate growth, averaging over the five-year period.
Future trends to monitor include:
- Impact of automation and technology integration possibly affecting employment dynamics.
- Changing consumer preferences towards sustainable and health-focused options influencing labor demand.
- Potential shifts due to economic conditions, such as inflation and policy changes.