From 2013 to 2019, food services employment in Finland consistently grew, reaching 68.3 thousand employees in 2019. However, 2020 saw a significant decline by 20.79% due to the COVID-19 pandemic, reducing the employment to 54.1 thousand. Recovery began in 2021, with a 14.15% increase, followed by a continued rise to 67.63 thousand in 2022 and 72.19 thousand in 2023. The 2023 year-on-year variation was 6.75%, with a CAGR of 1.84% over the past five years.
Looking ahead, employment in food services is forecasted to grow steadily, reaching 80.1 thousand by 2028, resulting in a forecasted 5-year CAGR of 1.65%.
Future trends to watch for:
- Technological advancements in food services.
- Changing consumer preferences towards sustainable and healthy dining options.
- Potential impacts of economic fluctuations and policy changes.