On-demand food delivery industry has experienced massive traction, especially during a pandemic when restaurants have to put their shutters down for dine-in. With most people preferring to order food online, the demand for online delivery services keeps growing. Top food delivery companies serve hot meals to customers in a few clicks; let’s explore top food delivery companies operating globally in 2022.
The market size of the meal delivery sector was estimated at 130.15 billion U.S. dollars in 2022. However, the market is predict to grow more and reach around 223.7 billion U.S. dollars by 2027. The market was forecaste to have increased at an 11.44% CAGR over the period considered.
The primary benefit of meal delivery services is providing hot and ready-to-eat food wherever and whenever the user wants. The main factor contributing to food delivery market growth is the increasingly busy schedule of people. Delivery platforms are more convenient and offer a range of options that are impossible to get across to other platforms.
Top Delivery Players Winning the Food Delivery War in 2022
With the best delivery services, you can easily order whatever you want to eat with a few clicks. You can get pizza, burgers, sushi, biryani, or other favorite dishes from a local restaurant. They can get everything delivered right to doorsteps. Now no need to drive or dine anywhere to enjoy your favorite meals; you can get them right away by ordering them from the top food delivery companies serving in your area.
DoorDash dominates the online delivery market in the U.S. with a 55% market share in 2021. While UberEats stands second with a 22% market share. DoorDash most known delivery company in San Francisco; on the other hand, UberEats was known and most preferred in Miami.
In recent years, food delivery services have gained popularity and have increased like anything during the COVID-19 spread. There are top food delivery companies in the world that promise to bring your favorite food to you whenever and wherever you want without leaving the comfort of your sofas. Check the list of top food delivery companies to know what each one brings to your table.
Based in Chicago, Grubhub is an American online prepared food ordering and delivery platform. Develop by Mike Evans and Matt Maloney, the delivery company was acquired by JustEat Takeaway for $7.3 billion in stock, which connects diners with local restaurants. It is one of the other top food delivery companies with more than 19.9 million active users.
Grubhub has 115,000 associated restaurants across 3,200 cities. The company has recently launched a new feature that enables restaurants to expand their delivery zone supplemental. This delivery service will allow restaurants to maintain independence by using their delivery drivers within a specific radius.
As top food delivery companies race to promise customers the quickest option, Grubhub is thinking of entering the ultrafast delivery space by providing delivery within 15 minutes or less. The company is always trying to satisfy the food craving of customers efficiently. It allows searching for restaurants, ordering, and tracking orders from their smart device.
Launched in 2013, DoorDash is an American food ordering and delivery platform. Developed by Andy Fang, Stanley Tang, Tony Xu, and Evan Moore, the delivery platform is based in San Francisco and covers 56% market share. It also covers 60% market share in the convenience delivery category. The platform was use by more than 20,000,000 customers, 4,50,000 merchants, and 1 million delivered in 2020. In December 2020, DoorDash went public on NYSE and trades under the symbol DASH.
The pandemic has accelerated DoorDash’s market dominance and growth. The meal delivery company increased its market share from 20% to 53% in 2018 and 2021. Meal delivery company DoorDash has signed an agreement to acquire hospitality technology start-up Bbot. DoorDash provides new tools and technologies to merchants and helps them run and grow their businesses.
Founded in Kuwait in 2004, Talabat is an online food ordering company. As of 2021, the online ordering and delivery platform operates in Saudi Arabia, United Arabs, Qatar, Kuwait, Bahrain, Jordan, Iraq, and more.
Abdulaziz Al Loughani and Khaled Al Otaibi launched the platform with the aim to provide quick service to food lovers on their demand. Talabat Egypt partners with Ibrahim Badran foundation to facilitate donations to healthcare in remote villages.
Launched by Garrett Camp and Travis Kalanick in 2014, UberEats is an online meal ordering and delivery platform. Users can easily read menus, reviews and give ratings; they can even order and pay for meals directly through an easy-to-use platform.
Meals are delivered by couriers using scooters, bikes, cars, or foot. The company operates in more than 6,000 cities in more than 45 countries. UberEats recently got a group order and bill splitting feature that ensures your family and friends are picking up their share.
Headquartered in Philadelphia, Gopuff was founded in 2013 by Rafael Ilishayev and Yakir Gola. As of 2021, US-based food and goods delivery companies operate in around 650 US cities through around 500 micro fulfillment centers. It operates in the U.K., following a takeover of Newcastle upon Tyne-based Fancy. As of 2021, the delivery company value at $15 billion.
Launched by Paul Appelbaum, Todd Arky, Andy Appelbaum, and Jason Finger SeamlessWeb in 1999, the company provides companies with a web-based system for ordering and delivering food from caterers and restaurants. Seamless North America LLC is an online meal ordering service that enables users to order meals for delivery and takeout from local restaurants through their website or apps.
Founded in 2011, ChowNow is an online meal ordering platform that connects consumers with local restaurants. The company is headquartered in Los Angeles; has partnered with Cartwheel partners to expand hybrid delivery capabilities for SMBs. Eric Jaffe and Christopher Webb started the company to facilitate food lovers ordering and getting their favorite meals delivered to their doorsteps.
Founded in 2011 by Kolja Hebenstreit, Niklas Östberg, Lukasz Gadowski, and Markus Fuhrmann Delivery Hero turned into an online food ordering platform. German multinational food delivery service company is based in Berlin and operates in more than 50 countries internationally in Asia, Latin America, Middle East; and has partnered with more than 500,000 restaurants.
The company has branched beyond meal delivery and is a leading player which delivers small batch orders within an hour. Delivery Hero in 2021 processed more than 791 million orders, a 25% growth year-on-year.
Just Eat Takeaway
Created by Jitse Groen in 2000, Just Eat Takeaway is a Dutch multinational meal ordering and delivery company. The company start when the founder faced difficulty ordering meals from local restaurants. The company’s primary focus was to deliver all kinds of goods, making it easier for customers to order meals online from their favorite restaurants.
One of the top food delivery companies globally, Postmates found in 2011 and was acquired by Uber for $2.65 billion. It aims to expand its presence in food delivery while its essential ride-hailing business struggles. Launched by Sean Plaice, Bastian Lehmann, and Sam Street, Postmates operates in more than 2,940 U.S. cities. The company competes with DoorDash, Grubhub, and its sister service, UberEats.
Two founders, Sriharsha Majety and Nandan Reddy, launched Swiggy in 2014. It is an Indian meal ordering and delivery platform that will operate in more than 500 cities in 2021. Based in Bangalore, Swiggy provides online grocery deliveries under Instamart and a package delivery service known as Swiggy Genie.
Operated by Bundl Technologies Private Limited, Swiggy grew into product deliveries under Swiggy Stores’ name. With Dine Out, Swiggy abides the done-out battle to Zomato’s turf. Meal delivery is the backbone of Swiggy’s journey to Decacorn-dom. With the acquisition of reservation and discovery business Dine Out, the company is reaching closer to the IPO and Zomato’s all-rounder crown.
Zomato is one of the other top food delivery companies founded in 2008 by Pankaj Chaddah and Deepinder Goyal. Found as FoodieBay in 2008, the company rename Zomato in 2010 and provides details, users-reviews, and menus from partner restaurants in selected cities.
Zomato is serving in more than 24 countries and about 10,000 cities; it expanded to Mumbai, Chennai, Ahmedabad, Hyderabad, and more. The company also grew internationally in the United Arab, Qatar, the U.K., the Philippines, and South Africa.
Launch Your Food Delivery Company Today!
Getting fresh and hot meals on the table can be challenging, especially after a long and tiring day. Searching and shopping for ingredients, planning, and cooking meals are not possible for people who have busy lives doing work obligations, running a household, and caring for a family.
There are top food delivery companies in the world that you can choose to order and get meals delivery. However, they differ in diets catered to, meal types, quality of ingredients, and cost. You can consider the above list to find the best meal delivery company to order and get meals delivered.
Looking at the growing market, many entrepreneurs are choosing to develop an advanced solution with the support of experienced development companies. Want to get a quote? Contact us today at [email protected]