Forecast: Employment in Bakery Products Sector in France

From 2013 to 2023, employment in the Bakery Products sector in France has shown a general upward trend with a few minor fluctuations. The number of full-time equivalent jobs stood at approximately 196.29 thousand in 2023. Over the past two years, the sector has experienced a year-on-year growth rate of 1.43% in 2023 compared to 1.47% in 2022. The average annual growth rate (CAGR) over the last five years stands at 1.71%. Looking ahead, the employment forecast predicts a moderate growth rate, culminating in a projected CAGR of 1.05% over the next five years, with employment expected to reach around 209.75 thousand by 2028, yielding an overall growth of 5.38% from 2023 levels.

Future trends to watch for include:

• Automation and technological advancements that might affect labor dynamics
• Changing consumer preferences towards healthier and artisanal bakery products
• Environmental and economic factors influencing production and employment