Forecast: Self-Employed People in Food Products, Beverages and Tobacco Products Manufacturing Sector in Italy

The number of self-employed individuals in Italy's food products, beverages, and tobacco products manufacturing sector is projected to decline steadily from 87.4 thousand in 2024 to 82.6 thousand by 2028. This indicates a consistent annual decrease in self-employment from 2024 to 2028, representing a year-on-year shrinkage of about 1.4% to 1.5%. The Compound Annual Growth Rate (CAGR) over these five years anticipates an average annual decrease of approximately 1.4% in self-employed positions within this sector.

Future trends to watch for include:

  • The impact of automation and technology on employment dynamics.
  • Possible regulatory changes affecting small-scale producers.
  • Shifts in consumer preferences towards artisanal or locally-sourced products, which may offer opportunities for small businesses.
  • Economic shifts and their impact on entrepreneurship in the sector.

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