The number of employees in chemical and pharmaceutical products in the US stood at 845,000 units in 2023. From 2013 to 2023, the trend generally showed a steady increase, with year-on-year variations predominantly positive, peaking at 2.16% in 2019. The compound annual growth rate (CAGR) over the past five years averaged around 0.31%. For 2024 onwards, forecasted data suggest minimal growth, with a CAGR of approximately 0.05% over the next five years.

Future trends to watch for:

Technological Advancements: The integration of advanced technologies like AI and biotechnology could shape employment needs.
Regulatory Changes: Shifts in regulatory environments could impact workforce demands.
Market Expansion: Growing markets in emerging economies might influence the domestic employment landscape.