In 2023, the employment level in Germany's vegetable oil and animal fats sector was approximately 5.0 thousand employees. The forecast indicates a gradual decrease in employment, with projected figures of 4.9 thousand in 2024, declining to 4.68 thousand employees by 2028. This represents an average year-on-year decrease of about 1% over five years, equating to a CAGR of roughly -1.3%.
Future trends to watch for include:
- The impact of technological advancements on labor efficiency and potential job displacement.
- Shifts in consumer preferences towards plant-based oils, possibly influencing employment dynamics.
- Regulatory changes affecting the sector's structure and demand for skilled labor.