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March 17, 2022

Data analytics hiring levels in the food industry on rise year-on-year – data

The proportion of food manufacturers hiring for data analytics-related positions rose significantly in February compared to a year earlier.

By Patrick Scott

The proportion of food manufacturers hiring for data analytics-related positions rose significantly in February compared to a year earlier, analysis by GlobalData suggests.

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What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

GlobalData, Just Food’s parent company, said 64.2% of the companies included in its analysis were recruiting for at least one such position, up from the 50.5% of food manufacturers hiring for data analytics jobs a year ago.

The February figure was down compared to the 67.1% looking for new workers in that field in January 2022.

When it came to the rate of all job ads, 5.2% of newly-posted job advertisements were linked to data analytics in February.

This latest figure was the highest monthly figure recorded in the past year and is an increase compared to the 3.9% of newly advertised jobs that were linked to data analytics in the equivalent month a year ago.

Data analytics is one of the topics that GlobalData has identified as being a key disruptive force facing businesses in the coming years. Companies that excel and invest in these areas now are thought to be better prepared for the future business landscape and better equipped to survive unforeseen challenges.

Examples of roles being advertised included a commercial digital data analyst at PepsiCo in the US, a data analytics specialist at Nestlé in India and a data steward at Danone in Poland.

Our analysis of the data shows food manufacturers are hiring for data analytics jobs at a rate lower than the average for all companies within GlobalData’s job analytics database. The average among all companies stood at 6.8% in February 2022.

The database tracks the daily hiring patterns of thousands of companies across the world, drawing in jobs as they’re posted and tagging them with additional layers of data on everything from the seniority of each position to whether a job is linked to wider industry trends.

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Free Report
img

What’s the forecast for the food and grocery industry?

The food and grocery sector thrived during the pandemic, largely due to the shutdown of the food service industry and the sector’s subsequent necessity, panic-induced bulk purchasing, and spending more time at home. The market has grown as a result of inflation. Consumer unwillingness to go out and socialize, and the reopening of several hospitality facilities, helped maintain the demand for groceries, particularly online, in 2021. As consumer behavior changes, we consume more food and drink at home, and inflation increases basket sizes. GlobalData predicts that the sector will continue to hold a higher share than had been predicted prior to the pandemic. This is true despite the fact that the food and grocery sector's share of overall retail will decline from its peak in 2020. This report will discuss market forecasts and key themes in the global food & grocery industry in 2022 and beyond. It covers:
  • Market drivers and inhibitors
  • Five-year forecasts and the impact of COVID-19
  • The performance of the online channel versus offline
  • Major trends in the market including rapid delivery, ambient retailing, supply chain disruption, and inflation
Assess developments within this sector to help your business thrive in 2022 and beyond.
by GlobalData
Enter your details here to receive your free Report.

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