The Cocoa, Chocolate, and Sugar Confectionery sector in the UK had 17.60 thousand employees in 2023. Forecasts from 2024 to 2028 show a declining trend in the number of employees, reducing from 17.33 to 16.33 thousand. Between 2024 and 2025, the workforce shrinks by 1.5%, followed by a consistent annual reduction of about 1.5% per year. The compound annual growth rate (CAGR) over the five years is approximately -1.5%, highlighting a steady contraction in employment within the sector.
Future trends to watch for include:
- Automation and technological advancements potentially reducing labor needs.
- Changing consumer preferences impacting production and workforce requirements.
- Economic factors and regulatory changes affecting industry dynamics.
