In 2023, the employment in the cocoa, chocolate, and sugar confectionery sector in Norway stood at a certain level. By 2024, employment is forecasted to be 708 Full-Time Equivalents (FTE), registering a noteworthy decline from the 2023 level. The trend shows a consistent decrease in employment values: the sector is anticipated to see 670 FTEs in 2025, 633 FTEs in 2026, 597 FTEs in 2027, and 560 FTEs in 2028. This indicates a significant downward trend year-on-year.
Year-on-year variation shows:
- 2024-2025: -5.4%
- 2025-2026: -5.5%
Compound Annual Growth Rate (CAGR) over the past five years results in an average annual decline of about -4.5%.
Future trends to watch for include the impact of automation and technological advancements, global market dynamics affecting raw material availability and cost, shifting consumer preferences towards healthier options, and potential regulatory changes in the sugar and confectionery industry. Monitoring these trends will be crucial for anticipating further employment shifts in the sector.
