Forecast: Number of Employees in Meat Processing Sector in Sweden

The number of employees in the meat processing sector in Sweden stood at 10.83 thousand in 2023, indicating a slight year-on-year decline of 0.33% from 2022. Over the past five years, from 2018 to 2023, the Compound Annual Growth Rate (CAGR) was -0.76%, reflecting a consistent downward trend. Historical data shows fluctuations with notable drops in 2017 and 2020. For instance, there was a sharp decrease in 2020 of 7.45% year-on-year, before a rebound in 2021 with an increase of 6.3%. By 2028, the forecast shows a continued decline with an expected 5-year CAGR of -0.26%, equating to a 1.3% drop in total employment.

Future trends to watch for include the impact of technological advancements and automation in the industry, which may lead to further reduction in workforce requirements. Additionally, shifts in consumer preferences towards sustainable and plant-based alternatives could reshape the sector's employment landscape.