The European margarine and similar edible fats sector employs the most people in Italy, Romania, and the Netherlands, with the least employment in Greece. In 2023, Italy showed the strongest employment growth at over 3%, while Germany experienced a significant decline at nearly -17%. Belgium and Bulgaria also saw decreases in employment, while Spain, Iceland, and Romania had modest increases. The Compound Annual Growth Rate (CAGR) over the last five years highlights that overall employment in the sector has seen a slight decline, with several countries experiencing reductions due to market consolidation and automation.
Future trends to watch include technological advancements leading to increased automation, potentially further reducing workforce requirements in this sector. Additionally, shifts towards healthier, more sustainable product lines may impact employment as companies adjust their product offerings and supply chains to align with consumer preferences.
Top countries in Margarine and Similar Edible Fats Number of Persons Employed by Country
| # | 10 Countries | Units (Employees) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 1,060 | 2023 | +0.96% | +3.41% | View data |
| 2 | 2 Romania | 813 | 2023 | +2.01% | +1.3% | View data |
| 3 | 3 Netherlands | 787 | 2023 | +0.13% | +0.39% | View data |
| 4 | 4 Germany | 551 | 2023 | -14.57% | -16.65% | View data |
| 5 | 5 Spain | 549 | 2023 | +11.13% | +1.13% | View data |
| 6 | 6 Belgium | 321 | 2023 | -8.29% | -6.15% | View data |
| 7 | 7 Bulgaria | 59 | 2023 | -1.67% | -5.19% | View data |
| 8 | 8 Lithuania | 43 | 2023 | -2.27% | -2.58% | View data |
| 9 | 9 Iceland | 36 | 2023 | 0% | +1.44% | View data |
| 10 | 10 Greece | 17 | 2023 | 0% | -1.14% | View data |
