Forecast: Number of Persons Employed of Food and Beverage Services in Italy

The employment in the Food and Beverage Services sector in Italy stood at 1.2282 million in 2023. Over the past decade, the employment demonstrated a general upward trend, peaking in 2019 at 1.2797 million before experiencing a slight decline in 2020 due to external factors, presumably the global pandemic. Since 2021, the sector has been on a recovery path with steady year-on-year growth rates of around 1.7% by 2023.

Future projections from 2024 onwards suggest a consistent growth with a 5-year CAGR of 1.23% and an overall forecasted growth rate of 6.3% by 2028, indicating a stable demand outlook for the sector.

Future trends to watch for:

  • Continued digital transformation and adoption of technology for service enhancement.
  • Changes in consumer preferences towards health-conscious and sustainable dining options.
  • Potential impacts of economic policies and labor market regulations on employment.
  • Recovery trajectory from any lingering impacts of the pandemic on the sector.

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