As of 2023, the labour cost per employee in the bakery products sector in Germany stood at €32,000. The forecast indicates a consistent increase from 2024 to 2028, with anticipated costs rising from €32.6 in 2024 to €35.0 in 2028, reflecting annual increments of approximately 1.8% to 1.9%. Over the forecast period, the compounded annual growth rate (CAGR) is expected to average around 1.9%, illustrating gradual but steady upward pressure on labour costs in this sector.
Future trends to watch for include potential impacts of automation and digitalization, which could alter labour dynamics. Additionally, economic factors such as inflation and policy changes regarding minimum wages may further influence these costs.
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