Forecast: Number of Persons Employed in Bakery Products Sector in Italy

The bakery products sector in Italy has experienced fluctuations in employment over the past decade. In 2013, the sector employed approximately 146.22 thousand people, gradually decreasing to 138.84 thousand by 2023. The largest declines occurred between 2019 and 2020, with a notable drop of 4.71% in 2019, followed by a decrease of 2.54% in 2020. Over the past five years, the average annual decline (CAGR) has been -1.48%, and is projected to remain at -0.02% from 2024 to 2028.

Future trends to watch for in the bakery products sector include:

• Adoption of automation and technology to improve productivity.

• Shifting consumer preferences towards healthier and artisanal products.

• Impact of economic factors such as inflation and labor costs on employment.