Analyzing the data regarding the number of employees in the Food and Beverage Service Activities in Turkey reveals an overall growth pattern. Between 2014 and 2023, actual employee numbers increased from 686,000 to 961,000. Notable year-on-year variations include a substantial 12.1% increase in 2015, followed by a 1.23% CAGR over the last five years. The annual growth rates saw fluctuations, with a minor dip of -1% in 2019 and consistent incremental growth post-2020. By 2023, employment stood at 961,000, manifesting a continuation of positive trends.
Future forecasts, stretching to 2028, project a steady growth rate with a 5-year CAGR of 1.12%, indicating a total increase of 5.74% over the period and reaching 1,030,000 employees by 2028.
Trends to watch for include:
- Potential impacts of economic policies on employment numbers.
- The influence of technological advancements and automation in the sector.
- Changes in consumer behavior post-pandemic affecting service demand.
- Global economic trends and tourism impact on local employment figures.