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.