Forecast: Employment in Soft Drinks Sector in Germany

Employment in the soft drinks sector in Germany stood at 28.14 thousand full-time equivalents (FTE) in 2023. The sector experienced varied trends over the past decade, initially declining from 2013 to 2017, then showing signs of recovery and growth from 2018 onwards. Year-on-year percentage changes revealed notable fluctuations, with a surge in 2018 and stable growth rates post-2020. The compound annual growth rate (CAGR) over the past five years stabilized at 0.54%, reflecting a moderate upward trend.

Forecasted data from 2024 to 2028 predicts the employment figures to continue rising, with a 5-year CAGR of 0.51% and an overall growth rate of 2.6%, indicating steady, albeit modest, growth.

Future trends to watch for include the impact of automation and digitalization on employment, sustainability initiatives driving sector dynamics, and potential regulatory changes affecting the labor market in the soft drinks industry.

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