Employment in the meat processing sector in Austria stood at 15.19 thousand full-time equivalents (FTE) in 2023. Between 2013 and 2023, this sector experienced modest fluctuations, peaking in 2015 at 15.4 thousand FTE and facing a slight decline until 2018, followed by relatively stable figures.
Year-on-year variations over the last two years show minor increases: 0.18% in 2022 and 0.15% in 2023. The compound annual growth rate (CAGR) over the last five years was around 0.17%, suggesting gradual recovery and stabilization.
Forecasts for the 2024-2028 period indicate continued stability, with minor annual growth rates expected, culminating in approximately 15.27 thousand FTE by 2028. The forecasted 5-year CAGR is around 0.08%, highlighting a steady yet slow growth trend.
Future trends to watch for:
- Technological advancements in meat processing and automation
- Potential impacts of dietary shifts towards plant-based alternatives
- Regulatory changes and their implications on employment
