The cider turnover per employee in the UK is projected to decline from 180.1 thousand euros in 2024 to 103.08 thousand euros by 2028. This represents a year-on-year decrease, averaging a compound annual growth rate (CAGR) of -13.45% over the forecast period. In 2023, the cider turnover per employee stood marginally higher, setting the stage for the observed downward trend starting in 2024, indicating potential challenges in productivity or market saturation.
Future trends to watch for include:
- Changing consumer preferences toward alternative beverages impacting cider sales.
- Economic fluctuations affecting consumer spending power on premium or non-essential products like cider.
- Technological advancements or efficiency improvements among cider producers to counterbalance the decline in turnover per employee.