In 2024, the forecasted number of persons employed in the UK's food and beverage service activities is 1.86 million, showing a steady increase from the 2023 figure. The projected year-on-year growth is consistent at approximately 1.08% to 1.05% from 2024 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 1.06%, indicating a stable upward trajectory in employment.
Future trends to watch for include:
- Impact of technological advancements and automation on employment numbers.
- Effects of potential economic and regulatory changes post-Brexit.
- Shifts in consumer dining preferences and their influence on employment demand.