Forecast: Number of Persons Employed of Food and Beverage Services in Austria

As of 2023, the number of persons employed in the Food and Beverage Services sector in Austria stood at 207.89 thousand. From 2024 onward, the forecast data indicates a steady year-on-year growth in employment:

- 2024: 211.64 thousand employees (2023-2024 variation: +1.80%)

- 2025: 215.47 thousand employees (2024-2025 variation: +1.81%)

- 2026: 219.26 thousand employees (2025-2026 variation: +1.76%)

- 2027: 223.02 thousand employees (2026-2027 variation: +1.72%)

- 2028: 226.73 thousand employees (2027-2028 variation: +1.67%)

Averaging these year-on-year growth rates, the Compound Annual Growth Rate (CAGR) for the 2024-2028 period is approximately 1.75%.

Future trends to watch for include:

- Impact of technology and automation on labor requirements.

- Shifts in consumer preferences driven by sustainability and health considerations.

- Economic factors influencing disposable income and dining out behavior.

- Potential impacts of political or regulatory changes on the sector.

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