In 2023, the number of employees in Food and Beverage Service Activities in Sweden stood at 162,000. Over the past decade, the sector witnessed various fluctuations, starting at 118,000 employees in 2013 and showcasing a compound annual growth rate (CAGR) of 5.33% during the early years. The annual growth varied significantly, ranging from more robust growths like 7.69% in 2016 to modest increases such as 0.7% in 2018.
During the last two years, the year-on-year variation continued to show a moderate upwards trend, with an increase of 1.94% in 2022 and 2.53% in 2023. The five-year CAGR from 2018 to 2023 reflected an average annual increase of 2.53%.
Looking ahead to the forecasted data from 2024 to 2028, the growth rate is projected to slow down, with a forecasted five-year CAGR of 1.53%, culminating in a total growth rate of 7.88% over this period, reaching 178,000 employees by 2028.
Future trends to watch for include potential impacts of automation, changes in consumer behavior post-pandemic, sustainability-driven transformations, and regulatory developments in the food and beverage service sector. These factors could significantly influence employment dynamics in the coming years.