Forecast: Food Services Employment in France

From 2013 to 2023, employment in the food services sector in France has experienced substantial growth. Starting from 602.88 thousand employees in 2013, the number peaked at 860.29 thousand in 2019 before dipping to 782.31 thousand in 2020 largely due to the COVID-19 pandemic. By 2023, employment had recovered to 847.96 thousand employees, reflecting a resilient and expanding sector. Notably, the growth rates fluctuated over the years, with a remarkable surge of over 21% in 2019 followed by a 9% decline in 2020. Over the last two years ending in 2023, the sector recorded a CAGR of 3.61%.

Looking ahead, the forecasted data for 2024-2028 indicates a continuation of growth, reaching 929.09 thousand employees by 2028. Although the annual growth is expected to moderate, with a forecast 5-year CAGR of 1.45%, the sector is projected to steadily expand by 7.47% over this period.

Future trends to watch for include the potential impact of technological advancements on food service operations, shifts in consumer preferences towards sustainable and healthy eating, and the sector's adaptation to potential economic fluctuations and regulatory changes.