Forecast: Employment in Beverage Serving Activities Sector in Denmark

The employment in the Beverage Serving Activities sector in Denmark has shown a general upward trend from 2013 to 2023, starting at 5.95 thousand FTE and reaching 7.93 thousand in 2023. Despite a notable dip in 2020 with an 11.83% decrease due to the pandemic, recovery has been strong with a 12.12% rise in 2021 and subsequent growth in the following years.

Recent trends indicate a year-on-year growth of 5.26% in 2023, with an average annual growth rate (CAGR) of 1.92% over the last five years. This suggests the sector is stabilizing post-pandemic.

Looking forward to 2024 and beyond:

  • Forecasts predict employment will rise, reaching 8.96 thousand FTE by 2028.
  • The forecasted five-year CAGR is 1.94%, indicating steady, albeit moderate, growth.
  • From 2024 to 2028, the sector is expected to grow by 10.06%.

Future trends to watch for include potential impacts of technological advancements, shifts in consumer preferences, and regulatory changes that could influence employment levels in the sector.

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