Forecast: Number of Employees in Food and Beverage Service Activities in Belgium

Between 2013 and 2023, the number of employees in Food and Beverage Service Activities in Belgium exhibited moderate growth, increasing from 96,000 to 109,800 persons. During this period, the Compound Annual Growth Rate (CAGR) varied, with a 1.55% high in 2017 and fluctuating down to 0.93% in 2022. The year-on-year variation showed more significant growth in years like 2017 (3.28%) and marginal increments in others, revealing a largely positive but variable trend.

Looking ahead, forecasts from 2024 to 2028 predict a slower CAGR of 0.59%, culminating in a workforce of 113,900 by 2028, growing by an overall 2.98%. This suggests stabilization in employment numbers, reflecting potential market saturation and efficiency improvements.

Future trends to watch for include technological advancements in service efficiency, potential shifts in consumer dining preferences, and regulatory changes impacting labor laws. Monitoring these factors could provide insights into employment trajectory adjustments and strategic opportunities within the sector.