In 2023, the Food and Beverage Service Activities sector in Brazil employed approximately 1.60 million people. The forecast from 2024 onwards indicates steady growth, with a year-on-year increase between 2024 and 2028 averaging around 1.3%. Over these five years, the compound annual growth rate (CAGR) is projected to be approximately 1.2%. This suggests a stable expansion in employment within the sector.
Future trends to watch for include:
- The impact of economic growth on consumer spending in food services.
- Technological advancements streamlining operations and potentially affecting job creation.
- Shifts in consumer preferences towards sustainable and health-conscious dining experiences.
- Policy changes affecting labor markets and operational regulations in the sector.
