The number of employees in the Prepared Animal Feeds Sector in Belgium stood at 4.33 thousand in 2023. Historical data indicates fluctuations with notable increases and decreases; impressive growth occurred in 2018, followed by declines in 2019 and 2020. Recovery has been seen since 2021, leading to the current level in 2023. Year-on-year variations show an average annual growth rate (CAGR) of 0.45% over the past 5 years.
Future trends to watch for:
- Modest but steady growth is forecasted, with the number of employees expected to reach 4.66 thousand by 2028.
- Pay attention to technological advances and changing regulations in the sector, which could impact employment rates.