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.