In 2023, the number of persons employed in the manufacture of machinery for food, beverage, and tobacco processing in Italy stood at approximately 33,000. The forecasts for 2024 to 2028 show a positive trend, with employee numbers growing steadily from 33.42 thousand in 2024 to 34.79 thousand in 2028. The year-on-year increase is around 1%, signaling consistent growth. The compound annual growth rate (CAGR) from 2024 to 2028 is projected at about 1.3%, indicating a gradual yet steady expansion in the sector.
✔️ Future Trends to Watch for:
• Increase in automation and digitalization, potentially impacting employment numbers.
• Regulatory changes related to sustainability that could shift industry dynamics.
• Shifts in global demand for food processing machinery might affect employment growth rates.
