![]() In 2021, it reported revenue of $4.88 billion, a 69% increase year-over-year. Since its launch in 2013, it has never made a profit. In 2021, DoorDash went public with a $72 billion valuation. Top food delivery app : DoorDashĬommanding close to 60% market share, DoorDash is the top food delivery app in the U.S. In 2020, it drove $4.8 billion in revenue, a 152% increase year-on-year. It currently controls 24% of total food delivery market share and has over 66 million users. ![]() Since its launch, Uber Eats has yet to report a profit, despite the fact it takes 20-30% fees from all orders and saw gross bookings triple in the pandemic. Uber Eats launched in 2017, quickly surpassed Grubhub in market share and acquired Postmates in 2020 to bolster its dominance. Also as of 2020, it had 31.4 million active users, who use the app at least once a month. In fact, Grubhub did not report profits for 2019 or 2020. However, this represented a $155 million net loss. Grubhub generated $1.8 billion revenue in 2020, a 39% increase year-on-year. However, since the rise of super competitors like Uber Eats and DoorDash, it’s steadily lost market share. After merging with Seamless and going public in 2013, Grubhub once held 70% of the food delivery market. Representing 14% of all monthly food delivery sales is Grubhub. Source: Bloomberg Second Measure Top food delivery app : Grubhub The remainder of the total market share is accounted for by smaller, miscellaneous players such as Caviar, Amazon Restaurants and Waitr. market, there are four major players in the food app delivery marketplace: DoorDash leads in monthly sales market share with 59%, followed by Uber Eats with 24% and GrubHub with 14%. Source: Business of Apps The Players: Restaurant Delivery AppsĬurrently, in the U.S. represents only the second-largest restaurant delivery app market globally by revenue, we’ll be focusing on this market for the purpose of our analysis based on available data. This makes Meituan the largest food delivery app in the world by revenue and usage.Ĭoming in second in revenue is the U.S. The app that drove the majority of that revenue was Meituan at $15 billion. In 2021, the Chinese market drove $27.3 billion in revenue. ![]() When it comes to top-performing markets in the food delivery space, China dominates. Source: Business of Apps Food Delivery Market: Top Food Delivery App Markets In 2020, the industry saw record-breaking growth, clocking the largest expansion in revenue it's seen in the last 5 years. Today, the restaurant delivery app industry is expected to grow to $320 billion by 2029. Food Delivery App Market: Projected Growth ![]() consumers ordered from one of the major meal delivery services.This represented a 47% increase from the year prior. And, that growth continued from year one to year two of the pandemic. The COVID-19 pandemic accelerated the growth and innovation of the restaurant delivery app industry, as millions of people in lockdown ordered food using apps for the first time. After the new user growth this category experienced during the pandemic, which apps are retaining users as pandemic restrictions ease? Below, we analyze the apps that are winning the restaurant delivery war when it comes to revenue and retention and why. ![]() One such category is restaurant delivery apps. Many app categories are facing fiercer and fiercer competition in today’s consolidating marketplace. ![]()
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