Forecast: Employment in Meat Processing Sector in Finland

The employment in the meat processing sector in Finland stood at 9.1 thousand Full-Time Equivalent (FTE) in 2023. Over the past decade, the employment figures have shown an overall increasing trend, with occasional small declines. Notably, from 2013 to 2017, the sector saw an average annual growth rate, highlighting a period of positive momentum. In the last two years, the growth has been relatively steady with the year-on-year variation in 2022 and 2023 both at 0.83% and 0.82% respectively. The five-year CAGR ending in 2023 is 1.01%, indicating steady incremental growth.

Looking ahead, forecasts indicate continued growth, albeit at a slower rate compared to the past five years. By 2028, employment in the sector is expected to rise to 9.45 thousand FTEs, with a forecasted 5-year CAGR of 0.59%. This signifies a growth rate of 3.01% over this period.

Future trends to watch for include potential impacts from automation and technological advancements, regulatory changes in the meat industry, and shifts in consumer preferences toward alternative protein sources. These factors could significantly influence employment dynamics in the sector.

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