As of 2023, the hours worked in the prepared pet food industry in Germany stood at approximately 20.5 million hours. Moving into the forecast period, the industry is expected to see a steady increase in hours worked, reaching 25.341 million hours by 2028. The year-on-year growth rates in the forecasted period show a consistent upward trend with approximately 4.71% from 2024 to 2025, 4.46% from 2025 to 2026, 4.22% from 2026 to 2027, and 4.02% from 2027 to 2028. The compound annual growth rate (CAGR) for 2024 to 2028 is approximately 4.35%.
Future trends to watch for include:
- Increasing demand for premium and customized pet food reflecting consumer preferences for health-conscious and sustainable options.
- Technological advancements in production processes that may impact labor intensity and efficiency.
- Potential regulatory changes affecting the food industry, which could impact labor requirements.