The number of persons employed in the US food and beverage service activities is forecasted to rise steadily from 2024 to 2028. Starting at 13.15 million in 2024, employment is expected to grow to 13.79 million by 2028. This represents a consistent year-on-year growth, with modest but steady increases each year.
Compared to 2023, where employment was at approximately 13 million, this five-year period reflects a positive trend. The compound annual growth rate (CAGR) over these years will provide insights into the pace of recovery and expansion in this sector.
Future trends to watch for include the impact of technology on employment numbers, potential changes in consumer behavior post-pandemic, and evolving labor market policies, which could all influence employment dynamics in this sector.
