The employment in the soft drinks sector in Austria stood at 4.98 thousand full-time equivalents in 2023, marking a year-on-year increase of 5.44%. Over the previous two years, the sector showed positive growth, with employment increasing by 5.8% in 2022 and 6.89% in 2021. Analyzing the last five years, we observe a robust Compound Annual Growth Rate (CAGR) of 4.21%, indicating steady growth in employment.
Looking ahead, the employment forecast for the sector through 2028 is optimistic, with a projected CAGR of 3.53% translating to an 18.96% overall growth in employment over the next five years. This positive trend is driven by increasing consumer demand, product diversification, and technological advancements in production processes.
Key future trends to watch for include the adoption of sustainable practices, the integration of advanced automation, shifts towards healthier beverage options, and potential market disruptions from new entrants and innovations.
