Forecast: Number of Persons Employed of Food and Beverage Services in Spain

Over the past decade, the number of persons employed in the food and beverage services sector in Spain has demonstrated a generally upward trend, except for a notable dip in 2020 due to the COVID-19 pandemic. From 2013 to 2019, employment figures increased steadily, peaking at 1263 thousand employees in 2019. The significant impact of the pandemic caused a decline in 2020, but the sector quickly rebounded, showing a robust recovery in subsequent years. By 2023, employment had increased to 1409.2 thousand, reflecting a year-on-year growth rate of 6.04% and a 5-year CAGR of 3.13%. Forecasts indicate continued growth, reaching 1643.3 thousand employees by 2028, with an expected average annual growth rate (CAGR) of approximately 2.44%.

Future trends to watch for:

  • Post-pandemic recovery and stabilization within the food and beverage services sector.
  • Technological advancements driving efficiency and potentially affecting employment dynamics.
  • Increased focus on sustainability and its impact on employment patterns in the industry.
  • Ongoing macroeconomic factors and consumer behavior shifts influencing sector growth.

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