Employment in Belgium's prepared meals sector has shown fluctuations between 2013 and 2023, with significant growth noted particularly after 2017. In 2023, employment stood at 2.41 thousand Full-Time Equivalents (FTEs), marking a 2.29% year-on-year increase. The five-year CAGR from 2018 to 2023 was a modest 1.62%, indicating a trend of gradual growth.
Future trends suggest a steady increase in employment, with forecasts indicating a progressive rise by approximately 8.39% over the next five years, reaching 2.67 thousand FTEs by 2028. This growth reflects a sector adapting and expanding despite prior variabilities.
Future Trends to Watch For:
- Increased consumer demand for convenience foods.
- Technological advancements in food preparation and processing.
- Potential impacts of economic conditions and policy changes on employment levels.