In this article, we look at the 5 most popular food delivery services in the US. You can read about trends in the industry and emerging market players by heading over to our article, the 12 Most Popular Food Delivery Services in the US.
5. Postmates
Market Share: 2%
Postmates is an American food delivery service that operates in more than 2,900 cities. It had a market share of 2% in August 2023 according to Bloomberg Second Measure. In 2020, Postmates was acquired by Uber Technologies, Inc. (NYSE:UBER) to consolidate the latter’s grip over the industry and increase its overall market share. Despite the merger, Postmates remains one of the most popular food delivery services in the US.
4. Grubhub
Market Share: 8%
Grubhub is one of the most popular food delivery services in the US. It is the parent company of Seamless; together these two account for 10% of the market share in the US. According to Business of Apps, Grubhub generated $2.4 billion in revenue in 2022 and its active user base was estimated to be over 28 million people. Grubhub maintains a presence in 4,000 plus US cities and partners with over 300,000 restaurants.
3. Caviar
Market Share: 9%
Caviar entered the food delivery services industry in 2012, but soon after, it was acquired by Square. In 2019, it was sold by Square to DoorDash, Inc. (NYSE:DASH) for $410 million and preferred DoorDash stock. Caviar and DoorDash together now hold about 65% of the market share in the food delivery services industry of the US. Since Caviar is owned by DoorDash, all orders placed on Caviar are delivered by DoorDash riders. There is now also very little difference in the mobile applications of the two services.
2. Uber Eats
Market Share: 23%
Uber Eats is the second most popular delivery service in the US, holding sway over about a quarter of America’s food delivery industry. In addition to the United States, it operates in at least 45 other countries and has become a household name associated with food delivery across the world. It is owned by Uber Technologies, Inc. (NYSE:UBER), a market leader in the ride-sharing industry.
1. DoorDash
Market Share: 56%
DoorDash tops the charts of the most popular food delivery services in the US. It has the highest market share in the industry and that too by a clear margin. DoorDash partners with about half a million restaurants across at least 4,000 North American cities – mainly in the US. The company has delivered an estimated 900 million orders since its inception in 2013, which is testament of its popularity in the US. In 2022, DoorDash, Inc. (NYSE:DASH) generated a revenue of $6.58 billion.
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