Forecast: Number of Employees in Meat Processing Sector in Denmark

In 2023, the number of employees in the meat processing sector in Denmark stood at 14.11 thousand. Observing the trend from 2013 to 2023, the sector has seen a general decline with intermittent slight recoveries. The largest year-on-year decrease was recorded in 2016 at -19.28%, while the sector briefly rebounded in 2018 and 2020 with increases of 5.41% and 4.54% respectively. Over the last five years leading to 2023, the average variation per year (CAGR) was -0.38%, indicating a relatively stable but declining trend.

For the future, from 2024 to 2028, the sector is forecasted to continue its decline with a 5-year CAGR of -0.66%. By 2028, the number of employees is expected to drop to 13.54 thousand. Over the next five years, this illustrates a forecasted growth rate of -3.27%, signifying a continuation of the downward trend.

Future trends to watch for include potential impacts of technological advancements, automation in meat processing, shifts in consumer demand towards plant-based alternatives, and regulatory changes impacting labor requirements. Monitoring these factors will be crucial for anticipating changes in the employment landscape within this sector.

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