The global food service industry experienced a 14% rise in new job postings in Q4 2023 compared with the previous quarter, with the highest share accounted for by AmRest Holdings with 122,495 job postings according to GlobalData’s analysis of food service company job postings. Buy the report here.
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Notably, Food Preparation and Serving Related Occupations jobs accounted for a 38% share of the global food service industry’s new job postings in Q4 2023, up 62% over the prior quarter.
Food Preparation and Serving Related Occupations drive food service industry hiring activity
Food Preparation and Serving Related Occupations, with a share of 38%, was the occupation with the greatest hiring activity in the global food service industry in Q4 2023, ahead of Transportation and Material Moving Occupations with a 12% share of job postings.
The other prominent roles include Office and Administrative Support Occupations with an 11% share in Q4 2023, Management Occupations with an 18% share and Installation, Maintenance, and Repair Occupations with a 2% share of new job postings.
Top five companies in food service industry accounted for 85% of hiring activity
The top five companies, in terms of number of new job postings tracked by GlobalData, accounted for a combined 85% share of the overall hiring activity in the global food service industry in Q4 2023.
AmRest Holdings posted 122,495 jobs in Q4 2023 and registered a growth of 116% over the previous quarter, followed by Domino's Pizza with 121,415 jobs and 0.59% decline. Mitchells & Butlers with 11,319 jobs and Aimbridge Hospitality with 7,388 jobs, recorded a 27% decline and a 17% drop, respectively, while First Watch Restaurant Group recorded a 120% rise with 5,689 job postings during Q4 2023.
Hiring activity was driven by North America with an 53% share of total new job postings, Q4 2023
North America held the leading share of the new job postings in the global food service industry with an 53% share, a 13% lower over Q3 2023. Europe stood next with 41%, registering a 62% growth over the previous quarter.
Asia-Pacific with a 6% share marked a 22% rise over Q3 2023. The Middle East & Africa and South & Central America accounted for shares of 57% and 109% respectively.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Jobs Analytics uses machine learning to uncover key insights from tracking daily job postings for thousands of companies globally. Proprietary analysis is used to group jobs into key thematic areas and granular sectors across the world’s largest industries. classifications are used to group patents into key thematic areas and link them to specific companies across the world’s largest industries.
