The employment in the Dairy Products Sector in Germany has shown a generally positive trend over the past years, with slight fluctuations. In 2023, the employment stood at 48.15 thousand full-time equivalents. Notable variations include a significant increase of 6.76% in 2014 and a decrease of 3.13% in 2020. The sector bounced back in subsequent years, with moderate growth rates of 2.4% in 2021 and 1.79% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years up to 2023 was 1.69%.
Forecasts from 2024 to 2028 suggest a steady increase in employment, with a forecast CAGR of 1.27%, leading to a total growth of 6.49% over this period. By 2028, employment in the sector is projected to reach 52.14 thousand.
Future trends to watch for include technological advancements in dairy production, potential regulatory changes, and shifts in consumer preferences towards plant-based alternatives. These factors may influence employment dynamics in the sector.
