In Italy, the forecast for dairy and cheese processing labor costs per employee FTE indicates a steady rise from 54.6 thousand euros in 2024 to 55.3 thousand euros in 2028. This forecast assumes a gradual and modest increase, with year-on-year growth rates between 0.4% and 0.5%. In 2023, the labor cost stood at 54.5 thousand euros, illustrating a minimal annual growth rate that reflects stability in labor expenses. The compound annual growth rate (CAGR) over the five-year period will likely maintain around 0.3%.
Future trends to watch include potential impacts from inflationary pressures, regulatory changes, and advancements in automation technology, which could alter cost structures and labor demand in the dairy and cheese processing sectors.
