Forecast: Number of Persons Employed of Veterinary Services in Italy

The number of persons employed in Veterinary Services in Italy has shown a general upward trend over the past decade. In 2023, the number of employees reached 21.09 thousand, reflecting a 3.37% year-on-year increase from 2022. Historical data indicates notable growth with fluctuations, including a significant rise of 10.69% in 2020. The average annual Compound Annual Growth Rate (CAGR) over the past five years was 3.54%. Forecasts suggest a somewhat moderate increase, with a CAGR of 2.16% expected from 2024 to 2028, leading to an 11.29% overall growth rate by 2028.

Future trends to watch for include:

  • The impact of technological advancements in veterinary services.
  • Potential regulatory changes affecting the industry.
  • Trends in pet ownership and expenditure on animal healthcare.
  • The influence of economic conditions on employment levels in the sector.