In 2023, the distilling, rectifying, and blending of spirits in Italy recorded approximately 7.3 million hours worked. The following years, from 2024 to 2028, show a gradual decline in the hours worked, with a consistent year-on-year decrease. In 2024, hours worked are forecasted at 7.19 million hours, decreasing slightly each year to reach 6.88 million hours by 2028. The average year-on-year decline, known as the Compound Annual Growth Rate (CAGR), over this five-year period is noticeable, albeit minimal.
Future trends to watch for:
- Automation and technology advancements may impact workforce demands and hours worked.
- Shifts in consumer preferences towards lower-alcohol or non-alcoholic beverages could alter production needs.
- Regulatory changes and sustainability practices might influence operational hours.