The number of employees in the prepared meals sector in Spain has experienced notable growth from 2013 to 2023, increasing from 4,000 to 9,920 employees. This represents a year-on-year increase peaking in 2016 at 33.51% and slowing down in recent years with a 3.77% increase in 2023. The Compound Annual Growth Rate (CAGR) has shifted from double digits in the early years, like 12.7% in 2016, to a more gradual pace of 3.64% by 2023.
Looking forward, the sector is expected to continue growing, albeit at a slower pace. Forecasts suggest a CAGR of 2.52% from 2024 to 2028, with total employee numbers projected to reach 11,640 by 2028, equivalent to a 13.28% growth over five years.
Future trends to watch for in this sector include the impact of automation and AI on employment figures, shifts in consumer preferences towards healthier and sustainable meal options, and potential consolidation in the market leading to efficiency improvements. Additionally, regulatory changes and economic conditions will play crucial roles in shaping the future workforce in this industry.