Between 2013 and 2023, employment in the bakery products sector in Sweden showed modest fluctuations with some significant drops, especially in 2019 and subsequent years. Employment stood at 11.58 thousand full-time equivalents in 2023, down from 12.15 thousand in 2013. The year-on-year variation saw substantial declines in certain years like 2019 and 2020 with slight recoveries here and there, highlighted by an upturn in 2018. The five-year CAGR from 2019 to 2023 is -3.05%, indicating a declining trend.
Future trends to watch for:
- Consolidation in the industry as smaller bakeries may struggle to compete.
- Automation and technological advancements potentially reducing the need for labor.
- Potential shifts in consumer preferences towards healthier options impacting employment demand.
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