Forecast: Employment in Food and Beverage Service Activities Sector in Belgium

The employment in the Food and Beverage Service Activities sector in Belgium has seen varied trends over the past years. From a steady growth from 2013 to 2019, peaking at 71.98 thousand FTEs in 2019, the sector faced a sharp decline of 44.78% in 2020 due to the COVID-19 pandemic. Recovery commenced in 2021 with a significant rebound of 42.32%, followed by continued growth in 2022 and 2023, where employment stood at 78.44 thousand FTEs in 2023. The CAGR from 2019 to 2023 was at 3.34% demonstrating a resilient return to pre-pandemic levels.

Future employment projections suggest continued growth, with forecasts indicating a 2.5% CAGR over the next five years. Employment is expected to reach 91.82 thousand FTEs by 2028, signifying a 13.13% growth from 2023 levels.

Trends to watch for in the future include potential impacts of technological advancements in food services, ongoing shifts in consumer behavior post-pandemic, and government policies related to labor and business operations in this sector.

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