Forecast: Number of Persons Employed in Beverage Serving Activities Sector in Spain

The beverage serving activities sector in Spain has seen significant fluctuations in employment over the past decade. Employment numbers have steadily increased from 415.02 thousand in 2013 to a pre-pandemic peak of 523.98 thousand in 2019. The COVID-19 pandemic caused a notable decline in 2020, dropping to 459.5 thousand. However, the sector rebounded quickly, reaching 539.37 thousand employees by 2023, representing a year-on-year increase of 3.5%. From 2018 to 2023, the CAGR was 0.78%, indicating moderate growth despite the pandemic's impact.

Future trends include:

  • Continued steady growth in employment, with forecasts predicting the numbers to reach 564.0 thousand by 2028.
  • A forecasted five-year CAGR of 0.71%, suggesting stable but modest growth.
  • Potential impact of economic factors, technological advancements, and shifts in consumer behavior on the beverage serving sector.

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