The number of employees in the food and beverage sector in Japan is projected to increase steadily from 1.82 million in 2024 to 1.88 million by 2028. This indicates moderate growth in the sector, with a year-on-year increase of approximately 0.55% to 1.10% from 2024 to 2028. The compound annual growth rate (CAGR) over these five years is approximately 0.82% per annum.
Future trends to watch for include:
- Technological advancements enhancing productivity and labor efficiency.
- Shifts in consumer preferences towards health-conscious and sustainable products.
- The impact of demographic changes and an aging workforce on labor supply.
- Potential regulatory changes affecting employment in the industry.