The employment in Austria's dairy products sector has shown a consistent upward trend over the past decade, growing from 4.75 thousand full-time equivalents in 2013 to 5.91 thousand in 2023. This represents a year-on-year growth rate of around 2.11% in 2023 and a Compound Annual Growth Rate (CAGR) of 2.09% over the last five years. Over the entire period, the sector has shown stable growth with occasional fluctuations, particularly notable in 2018 with a 4.06% year-on-year increase.
Looking ahead, employment in the sector is expected to continue growing, reaching approximately 6.48 thousand by 2028. The forecast indicates a CAGR of 1.45% over the next five years, suggesting steadier, albeit slower, growth compared to the previous period, with an overall increase of about 7.47% from 2024 to 2028.
Future trends to watch for include technological advancements in dairy production, increasing automation, and a potential shift towards more sustainable and organic dairy products. These factors could influence both employment levels and the nature of jobs within the sector.
