Between 2013 and 2023, employment in the Food and Beverage Service Activities sector in Spain exhibited a generally upward trajectory, with some fluctuations. Employment fell between 2013 and 2014, but started to recover significantly in the following years, with notable growth particularly from 2017 to 2019. The sector was severely impacted in 2020 due to the pandemic, with employment decreasing by 12.86% year-on-year. However, a robust recovery from 2021 has been evident, culminating in a 2023 employment value of 861.59 thousand Full-Time Equivalents, representing a 7.85% year-on-year increase. The 5-year CAGR from 2018 to 2023 stands at 4.38%.
Key future trends to watch for include:
• Continued employment growth driven by increased consumer demand and tourism, with a forecast 5-year CAGR of 3.33%.
• The potential impact of economic policies and changes in consumer behavior on the sector.
• The role of technology and automation in shaping employment within the sector.