From 2013 to 2017, the beverages sector in Belgium experienced a fluctuating trend in employment, with values changing from 8.86K FTE in 2013 to 9.01K FTE in 2017. Thereafter, a more consistent growth pattern emerged, peaking at 10.95K FTE in 2019. Despite a slight dip in 2020, employment rebounded, reaching 10.76K FTE in 2023. This data suggests an overall positive growth trend over the last decade, with a CAGR of 0.19% in 2023. Forecasted data to 2028 projects steady growth with a 5-year CAGR of 0.71%, bringing employment to 11.25K FTE.
Future trends to watch for:
- Potential technological advancements impacting labor needs.
- Regulatory changes affecting operational practices.
- Consumer preference shifts toward sustainable and healthy beverage options.
- Market consolidation and mergers affecting competition and employment.
