In 2023, the number of employees in the Spirits Sector in Germany stood at 8.80 thousand. Forecasts for 2024 project this number to rise to 9.68 thousand, representing a 10% year-on-year increase from 2023. Continued growth is expected annually, with numbers estimated to reach 10.58 thousand in 2025 (+9.3% YoY), 11.48 thousand in 2026 (+8.5% YoY), 12.36 thousand in 2027 (+7.7% YoY), and 13.24 thousand in 2028 (+7.1% YoY). The compound annual growth rate (CAGR) for the period 2023-2028 is forecasted at approximately 8.0%.
Future trends to watch for include:
- Increasing focus on sustainability and eco-friendly production methods.
- Rising consumer interest in craft and premium spirits.
- Potential regulatory changes affecting production and distribution.
- Growth in e-commerce and digital marketing strategies.
- Enhanced attention to health and wellness trends influencing product offerings.