Employment in Spain's dairy products sector has displayed fluctuating trends over the past decade. From 2013 to 2019, the sector experienced consistent growth, with employment peaking at 27.41 thousand FTEs in 2019. However, from 2020, the sector saw a slight decline, stabilizing around 26.82 thousand FTEs in 2023. The compound annual growth rate for the past five years presents a modest increase of 0.66%. Forecasts for the period from 2024 to 2028 predict a marginal decrease, with a forecasted CAGR of -0.13%.
Trends to watch for:
- Technological advancements in dairy production and its impact on employment needs.
- Changes in consumer preferences towards plant-based milk alternatives.
- Effect of governmental policies and sustainability initiatives on the dairy industry.
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