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December 13, 2021updated 25 Jan 2022 6:45am

How important is ‘future of work’ to drinks industry? – November jobs data

By Emil Filipov

The proportion of drinks manufacturing and supply companies hiring for ‘future of work’-related positions dipped slightly last month, according to recent research, with 54.3% recruiting for at least one position in the area.

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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
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The figure, which features in GlobalData’s latest analysis, is lower than the 54.8% of companies who were hiring for ‘future of work’-related jobs a year ago. In October this year, the number was 54.5%.

 

Of all advertised vacancies in the beverage industry in November, 1.9% were linked to 'future of work', representing a 12-month high and an increase on the 1.5% proportion in the same month last year.

The analysis shows that beverage companies are hiring for 'future of work' jobs at a lower rate than the average for all companies within GlobalData's job analytics database. The average among all companies stood at 3.1% in November 2021.

 

 

'Future of work' is one of the topics that GlobalData has identified as a key disruptive force facing companies in the coming years. Companies that are investing in these areas now are considered to be better prepared for the future business landscape.

GlobalData's job analytics database tracks the daily hiring patterns of companies worldwide, drawing in positions as they're posted before tagging them with additional layers of data, from the seniority of each position to whether a job is linked to wider industry trends.

How the Internet of Things can help beverage brand owners track consumer behaviour and trends - Click here for a GlobalData focus

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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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