The number of persons employed in the meat processing sector in Germany in 2023 stood at approximately 219.9 thousand. From 2024 onwards, a slight upward trend is forecasted for the next five years, with an annual growth rate ranging from 0.06% to 0.07%. The Compound Annual Growth Rate (CAGR) for the period from 2024 to 2028 is modest, indicating stability in the sector's employment levels. Despite minor annual increases, the sector is not expected to experience substantial changes in workforce size.
Future trends to watch for:
- Technological advancements may reduce the need for manual labor, influencing employment figures.
- Regulatory changes or shifts in consumer preferences towards plant-based alternatives could impact industry dynamics.
- Global market fluctuations and supply chain resilience will play crucial roles.