Mentions of cybersecurity increased by a CAGR of 36% in the food industry since 2020
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The global food industry experienced a 36% rise in compound annual growth rate (CAGR) in company filings mentions of cybersecurity since 2020. Key companies in terms of mentions include Post, Mondelez International, and Del Monte Pacific, according to GlobalData’s analysis of over 1,300 food company filings.
Notably, since 2020, cybersecurity was the most referenced theme in terms of mentions, ahead of digitalisation and e-commerce, according to GlobalData's Company Filings database. Mentions related to cybersecurity increased by 23% year-on-year in 2021 and by 50% year-on-year in 2022.
Top five companies by mentions of cybersecurity in the global food industry since 2020
Of the 50 leading companies in the food industry, TDM had the highest year-on-year increase in references to cybersecurity in 2022. GlobalData identified 79 cybersecurity related sentences in the company's filings in 2022, 5% of all sentences. Meanwhile, Campbell Soup had the highest year-on-year increase in references for cybersecurity in 2021. GlobalData identified 9 cybersecurity related sentences in the company's filings in 2021, 1% of all sentences.
Company filings sentiment related to cybersecurity in the global food industry since 2020
GlobalData’s Company Filings Analytics also applies a sentiment weight to reference sentences, based on how positive the sentiment has turned. Sentiment score is based on the level of positivity on a scale of 0 to 1. The average sentiment score for cybersecurity in 2022 was 0.32, which was less positive compared to the average industry sentiment of 0.67.
Global Data’s Company Filings Analytics uses machine learning to uncover key insights and track sentiment across millions of regulatory filings and other corporate disclosures for thousands of companies across the world’s largest industries.