Top 11 Companies Leading with Innovative Solutions in the Global Online Food Delivery Market

Uber Eats, DoorDash, Inc., Just Eat Takeaway.com, Meituan Inc., ELEME Inc, Deliveroo Plc, Delivery Hero SE, Bundl Technologies Private Limited (Swiggy), Zomato Ltd, Domino's Pizza, Inc., and Yum! Brands, Inc., among others, are the major players in the global online food delivery market.

As per the analysis by Expert Market Research, the global online food delivery market is estimated to grow during the forecast period of 2023-2028 at a CAGR of 13.2% due to the increasing number of internet users across the globe.

Online food delivery is a means of ordering food for delivery from an application or other website. The ordered item can be either raw food that has not been specially prepared for direct consumption or ready-to-eat food. Online food delivery saves time for consumers that are busy and demand convenience and efficiency. It further provides the ability for consumers to quickly choose meals or groceries without going to the physical store or restaurant or contacting them over phone. 

The growing number of smartphone users and the rising popularity of food delivery mobile applications are driving the online food delivery market across the globe. The rapid growth in the food industry, especially in emerging economies around the world is supporting market growth. Through online food delivery service providers, it is easier for food service business to reach a wider audience and increase sales. 

The enhanced and evolved logistics of food services and improving lifestyles are aiding the market growth during the forecast period. With customised food delivery and real-time food order tracking, the growth opportunity in the online food delivery market is likely to increase, as well as competition amongst key players. At a global level, the China online food delivery market occupies a significant share of the overall market for online food deliveries.

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Top 11 Global Online Food Delivery Market Companies:

Uber Eats

Uber Eats is a leading food delivery platform launched by famous ridesharing service provider Uber. It aids in getting excellent food from desired local restaurants in the same easy manner as booking a ride. The Uber Eats mobile application connects any user with a wide array of local restaurants or food service providers and the user can order from the complete menus of their local favourites. Customers can order, track, and browse their orders with help of this app. Uber Eats is available in numerous countries, including Australia, Germany, Canada, Japan, New Zealand, Mexico, and the United Kingdom.

DoorDash, Inc. 

DoorDash, Inc. is a technology company that unites people with the best of their communities all over Canada, the United States, Japan, Australia, and Germany. The company helps local businesses to meet the demands of ease and convenience of consumers, and then create new means for people to work, live, and earn. It is fulfilling its mission to empower and grow local economies by constructing the last-mile logistics infrastructure for local commerce.

Just Eat Takeaway.com

Just Eat Takeaway.com is a prominent worldwide online food delivery platform, connecting customers with over thousands of registered partners with help of its platform. The company provides an online platform where demand and supply for food delivery as well as ordering are met.
 

Meituan Inc.

Meituan is a tech-driven retail company that has the aim of ‘Retail + Technology’. The company has enhanced the digital upgrading of retail of goods and services on both the demand and supply sides. It offers quality services for consumers together with its partners. It aims to help people live better and eat better.

ELEME Inc

ELEME Inc. is an online food delivery service marketplace. It is a local lifestyle marketplace that is primarily involved in online take-out, instant delivery, new retail, and catering supply chains. It was acquired by the Alibaba Group in 2018.

Deliveroo Plc

Deliveroo Plc aims to be the ultimate online food company. The company initiated on-demand food delivery through a hyperlocal three-sided online marketplace. It connects local consumers, grocers, restaurants, as well as riders all to provide people with the food they want and love. The company focuses on becoming the platform that consumers turn to whenever consumers think about food. 

Delivery Hero SE

Delivery Hero SE is a leading company that offers online food delivery services. The company manages a platform that links consumers with restaurants offering different cuisines. Its marketplace offers consumers the ability to browse from a huge variety of restaurants. Further, it works together with local restaurants and payment providers to offer easy services to consumers.

Bundl Technologies Private Limited (Swiggy)

Swiggy is a leading company that provides an on-demand food delivery platform created to offer food from neighbourhood restaurants to consumers. Its platform uses a smartphone application that lists local restaurants as well as their online ordering menus, from which it offers delivery employing a convoy of employees, helping people to order food from their current locations.

Zomato Ltd 

Zomato Ltd is a technology marketplace that unites restaurant partners, customers, as well as delivery partners, catering to their numerous requirements. Consumers use its platform to discover and search various restaurants, write and read views and reviews, upload photos generated by customers, order food delivery, book tables for dining in restaurants, and make payments at restaurants.

Domino's Pizza, Inc.

Domino's Pizza, Inc. is a leading pizza brand across the globe. In 2008, Domino’s launched ‘Domino’s Tracker’ the first food delivery tracker in the industry. The innovative technology allowed consumers to track the movement of their order online, from the time it is ordered, to when it’s out of the oven and ready for pickup from the store, or out on delivery. It has become one of the leading pizza delivery companies globally.

Yum! Brands, Inc.

Yum! Brands, Inc. is a worldwide quick-service restaurant corporation. The corporation operates, develops, licenses, and franchises, a worldwide system of both non-traditional and traditional quick-service restaurants. The company manages restaurant brands like Taco Bell, Pizza Hut, KFC, and The Habit Burger Grill.