The food delivery industry is undergoing a seismic transformation, driven by changing consumer habits and an increasing demand for convenient dining experiences. The year 2023 has seen this sector rise to new heights, bolstered by innovative technologies, changing preferences, and a global pandemic that accelerated its growth.
In a world where time is of the essence, these companies have emerged as the culinary saviors, bringing delectable dishes right to our doorsteps. From the bustling streets of New York City to the tranquil villages of India, food delivery services have transcended borders, connecting people with a diverse array of cuisines and flavors.
To provide insight into the giants of the food delivery industry, we've compiled a list of the top 20 companies based on their 2023 revenues. This article will take you on a global gastronomic tour, introducing the key players who have conquered the challenges of logistics, customer preferences, and the ever-growing appetite for convenience.
Our journey will showcase the remarkable feats of these companies. Whether it's a late-night craving for pizza, a busy professional ordering lunch at work, or a family celebrating a special occasion, food delivery services have become integral to our lives.
1. Delivery Hero ($11.2B)
Delivery Hero, the world’s leading local delivery platform, is committed to providing a seamless and swift delivery experience right to your door. Operating in over 70 countries, Delivery Hero combines advanced technology with a people-driven approach. As one of Europe's largest tech platforms, it empowers ambitious talent to create impactful solutions within its ecosystem. The company is characterized by its agility and adaptability, taking swift action to meet evolving needs. Regardless of background or beliefs, Delivery Hero stands as a leader in building, delivering, and innovating in the delivery service industry.
2. DoorDash ($8.6B)
DoorDash is dedicated to empowering local economies, a mission that drives its team to move swiftly, learn continuously, and support merchants, Dashers, and the communities they serve. As a technology and logistics company that began with door-to-door delivery, DoorDash is evolving from being renowned for food delivery to becoming a go-to solution for all types of goods. They seek team members who can help expand their reach and impact, transforming the company into a versatile provider for any delivery needs.
3. HelloFresh ($8.24M)
HelloFresh is revolutionizing the way people eat with its mission to transform dining habits worldwide. Founded in 2011 in Berlin’s dynamic tech hub, HelloFresh has grown from being the world’s leading meal kit company to becoming a global leader in food solutions. In Q3 2022 alone, HelloFresh delivered 243.3 million meals to 7.5 million active customers globally. The HelloFresh Group encompasses six brands, offering high-quality food and recipes tailored for various meal occasions. Each meal is meticulously planned, responsibly sourced, and conveniently delivered to your doorstep. With HelloFresh, customers have everything they need to create delicious meals every day.
4. Domino’s Pizza ($4.5B)
Behind one of the world’s leading public restaurant brands is a team of fun and innovative franchise and corporate members driven by a desire to succeed. Motivated by a commitment to continuous improvement, team members may join Domino’s for various reasons, but they stay because of the passionate and talented colleagues dedicated to making Domino’s the best pizza company in every neighborhood.
5. Instacart ($3B)
Instacart, North America's leading grocery technology company, collaborates with grocers and retailers to revolutionize shopping. Partnering with over 1,200 national, regional, and local retail banners, Instacart offers online shopping, delivery, and pickup services from more than 80,000 stores across the continent.
6. Grab ($2.3B)
Grab, Southeast Asia's leading superapp, is a driving force behind positive change in the communities it serves. With a vision to improve the lives of millions, Grab is committed to making a meaningful impact through its comprehensive range of services.
7. RobinFood ($1.9B)
RobinFood (formerly Muy) stands as Latin America's largest cloud restaurant company, driven by a singular mission: to provide access to quality and affordable food for all across the region.
8. Zomato ($1.2B)
Launched in 2010, this technology platform seamlessly connects customers, restaurant partners, and delivery partners to meet various needs. Customers utilize the platform to search and discover restaurants, read and write reviews, view and upload photos, order food delivery, book tables, and make payments while dining out. For restaurant partners, the platform offers industry-specific marketing tools to engage and acquire customers, facilitating business growth, alongside a reliable and efficient last-mile delivery service. Additionally, it operates Hyperpure, a one-stop procurement solution supplying high-quality ingredients and kitchen products to restaurant partners. Delivery partners benefit from transparent and flexible earning opportunities provided by the platform.
9. Deliveroo ($1B)
Deliveroo, an award-winning delivery service founded in 2013 by William Shu and Greg Orlowski, collaborates with approximately 176,000 popular restaurants and grocery partners, along with around 150,000 riders, to offer an unparalleled food delivery experience. Headquartered in London with offices worldwide, Deliveroo is committed to delivering excellence in food delivery services globally.
10. Shipt ($1B)
Shipt, through its community of shoppers and user-friendly app, offers personal shopping and delivery services to 80% of households in over 5,000 U.S. cities. Shipt shoppers excel by communicating in real-time about preferences and substitutions. With a curated marketplace of retailers, Shipt provides access to a wide range of stores and product categories, including fresh foods, household essentials, wellness products, and office and pet supplies. An independently operated, wholly-owned subsidiary of Target Corp, Shipt was founded and is headquartered in Birmingham, Alabama, and also has an office in San Francisco.
11. Blue Apron ($424.9M)
Founded in 2012, Blue Apron stemmed from a simple desire: its founders aimed to enjoy cooking at home with their families without the hassle of grocery shopping and menu planning. Initially hand-packing boxes themselves, they delivered them to family and friends, receiving immediate positive feedback. Since those humble beginnings, Blue Apron has experienced rapid growth, refining its expertise and nurturing an increasingly ambitious vision.
12. Marley Spoon ($357M)
Marley Spoon simplifies home cooking by delivering delicious recipes and fresh ingredients straight to your doorstep. With Marley Spoon, customers have full control over their dining experience, choosing what to eat, when to eat, and for how many. The service eliminates the inconvenience of grocery shopping, reduces food waste, and reignites the joy of cooking.
13. Hungryroot ($333M)
Hungryroot serves as your ally in the pursuit of healthy living. By understanding your lifestyle, budget, health goals, and preferences, they curate and deliver nutritious groceries, simple recipes, and essential supplements tailored for you and your family. It's the simplest route to eating healthily, reaching your objectives, saving time, and embracing a wholesome (and tasty) lifestyle. Built on the principle that food is the cornerstone of well-being, convenience shouldn't equate to compromise, and recognizing that each person has unique dietary and lifestyle needs, Hungryroot is forging a future where healthy living is both effortless and delightful.
14. Olo ($228M)
Hungryroot serves as your ally in the pursuit of healthy living. By understanding your lifestyle, budget, health goals, and preferences, they curate and deliver nutritious groceries, simple recipes, and essential supplements tailored for you and your family. It's the simplest route to eating healthily, reaching your objectives, saving time, and embracing a wholesome (and tasty) lifestyle. Built on the principle that food is the cornerstone of well-being, convenience shouldn't equate to compromise, and recognizing that each person has unique dietary and lifestyle needs, Hungryroot is forging a future where healthy living is both effortless and delightful.
15. Good Eggs ($100M)
Good Eggs is committed to delivering exceptionally fresh groceries directly to customers' doors. With a firm belief in the transformative power of sustainable, delicious food, the company strives to make a positive impact on families, communities, and the environment. With deep roots in the Bay Area, Good Eggs maintains the highest quality and sourcing standards in the industry.
16. ChowNow ($42M)
ChowNow empowers independent restaurants throughout the US by providing them with branded online ordering systems. These systems are seamlessly integrated into restaurants' own websites, Facebook and Google pages, ChowNow-created apps, and ChowNow's website. Additionally, ChowNow offers restaurant partners valuable customer insights and marketing support. All of these services are provided for a reasonable monthly fee, without the predatory third-party commissions charged by competitors.
17. Drizly ($41M)
Drizly, a company under Uber's umbrella, proudly stands as the world's largest alcohol marketplace, providing the ultimate destination for beer, wine, and spirits shopping. Customers rely on Drizly to accompany them in their celebrations, parties, dinners, and quiet evenings at home, making us an integral part of their lives. Committed to life's moments and the individuals who shape them, Drizly partners with premier retail stores in over 1200 cities across North America, ensuring top-notch buying experiences. With an extensive selection, competitive pricing, and personalized content, Drizly delivers more than just alcohol—it delivers memorable experiences.
18. Zerocater ($37.2M)
Zerocater pioneers innovative corporate catering and cafeteria solutions that prioritize employee satisfaction while aiding companies in their transition to the hybrid workplace, resulting in substantial cost savings. Through its Cloud Cafe, Hybrid Cafe, Managed Cafe, and Event Cafe offerings, Zerocater designs corporate cafeteria and office catering programs tailored to companies of all sizes, from burgeoning startups to Fortune 500 giants. Renowned brands like Robinhood, Datadog, Airtable, and McKinsey opt for Zerocater for its personalized, reliable, and diverse meal experiences, while benefiting from cost reductions through flexible payment structures based on office attendance. Presently, Zerocater's corporate cafeteria and office catering solutions are available in key markets such as the San Francisco Bay Area, New York, Chicago, Los Angeles, Boston, Austin, Denver, Seattle, and Washington D.C., with expansion into additional U.S. and Canadian markets underway. Since its participation in YCombinator in Winter 2011, Zerocater has secured $38.5M in funding from esteemed investors including Cleveland Avenue, Remus Capital, Romulus Capital, Struck Capital, SV Angel, Keith Rabois, Yuri Milner, Paul Buchheit, and Justin Kan.
19. Crowd Cow ($12M)
Their mission revolves around crafting an alternative to the prevailing meat commodity system while fostering a profound connection between farmers and consumers. This initiative aims to empower individuals to understand and value the precise origins of their food.
20. Fooda ($5.3M)
Fooda is a workplace food program that has garnered widespread adoration and anticipation among individuals every day. With a keen eye for culinary excellence, they search the streets for the finest food trucks, trendy eateries, and hidden-gem mom-and-pop establishments. Facilitating the connection between these culinary artisans and individuals who deeply appreciate their offerings is their driving passion.
