The food delivery market is expected to grow and reach around $6.4 Billion by 2025, it’s the right time for Food delivery companies to add their name to the list. To help you understand the market and statistics, we have listed some Food delivery companies then you can partner with or follow their footprints to achieve success in a very short time.
The global online food delivery market size was valued at USD 189.70 billion in 2021 and is expected to expand at a CAGR of 10.8% from 2022 to 2028.
Food delivery apps have become increasingly popular in recent years as they offer a convenient way for people to have meals delivered to their homes or offices. This trend is likely to continue in the future, as more and more people are looking for ways to save time and make their lives more convenient. In terms of business, food delivery apps can be a lucrative opportunity for entrepreneurs as they take a commission on each order placed through their platform.
Top Food Delivery App in Brazil to Consider in 2023
The food delivery app market has seen noticeable growth over the past seven years. Led by different platform-to-consumer services, such as ifood, DoorDash, Uber Eats, and many more, food delivery has expanded from takeaways to anything and everything increasing billions of dollars in potential revenue capture.
iFood is a Brazilian food delivery company that was founded in 2011. It is headquartered in São Paulo and operates in various cities throughout Brazil. The company offers a platform that allows customers to order food from various local restaurants, which is then delivered to their doorstep by a fleet of delivery drivers. iFood also offers a range of services to restaurants, including point-of-sale systems, menu management, and marketing support. In addition to its food delivery service, iFood also operates a marketplace platform that connects customers with local supermarkets, pharmacies, and other retailers.
iFood had revenues of more than 2.5 billion reais ($484.7 million) in the first half of 2022, up 29% year-on-year, according to data from Just Eat Takeaway (TKWY.AS), which recently sold its 33% stake in iFood to Prosus (PRX.AS).
Rappi is a Colombian technology company that offers a mobile app and website for on-demand delivery services. The company was founded in 2015 and has since expanded to operate in multiple countries in Latin America, including Brazil, Mexico, Argentina, and Chile. Rappi is currently valued at 3.5 billion USD and raised a funding round of 1 billion USD in its latest Series E funding. In April 2019 SoftBank came into partnership with Rappi with a 1 billion USD investment.
Through the Rappi app, users can order a wide variety of products and services, including groceries, prepared meals, electronics, and even medicine, which are delivered to them within a short timeframe. In addition to its delivery services, Rappi also offers a range of financial services, including online payments and money transfers, through its app.
In 2014, Uber introduced UberEats in San Francisco, California. A website for ordering and delivering food was created by Garrett Camp and Travis Kalanick.
In 2015, the business introduced the uber-fresh service in Santa Monica, California. Later, it changed its name to UberEATS. UberEats saw a roughly 30% increase in its customer base as a result of the Covid-19 outbreak; the business effectively met its customers’ needs by committing to providing top-notch customer service. Ubereats profitable business model has prompted several significant and noteworthy intrusions into the larger market.
As part of its business expansion across Brazil, the food ordering and delivery platform 99Food successfully launched its service in Curitiba.
99Food is the primary element of startup 99, which was later purchased by the Chinese company Didi. To compete with its American counterpart Uber, the company has steadily increased its business operations and services throughout Latin America.
99Food offers services in numerous Brazilian cities. The company provides a seamless service experience to many customers in Brazil whenever they demand, even during the tough time of Covid-19 spread.
Brazilian-based James Delivery provides food delivery services. It enables users to place online orders for delivery of food from nearby restaurants. Users of the service can use the James Delivery app or website to place an order after perusing the menus of participating restaurants.
A James Delivery courier will pick up the order from the restaurant and deliver it to the user's location after payment has been completed through the app or website. In addition, the service gives users the choice to pick up their orders directly from the restaurant or schedule them for future pickup. James Delivery can be downloaded for both iOS and Android devices.
Since its founding in 2013, Deliveroo has expanded to hundreds of cities worldwide. The business partners with numerous neighborhood restaurants and provides a wide selection of meal options. Users can use the app to save their favorite orders for speedy reordering in the future as well as browse the available options by cuisine, cost, or location. Downloading Deliveroo is possible on both iOS and Android devices.
In more than 15 Brazilian cities, Hellofood, a food delivery service, had a sizable customer base since its founding in 2012. The platform makes it possible for foodies to place online food orders.
As a subsidiary of Just Eat Holding Limited was established. Customers can browse a list of nearby restaurants and place online orders for food delivery, and the company promises to provide fantastic service on demand.
Pankaj Chaddah and Deepinder Goyal founded the food delivery startup Zomato in 2008. They can explore a wide range of food delivery options from partner restaurants thanks to the company's extensive menus, information, user reviews, and other resources about restaurants.
A grocery delivery service was launched by the company during the Covid-19 outbreak. More than 24 countries and 10,000 cities are served by Zomato. Zomato was founded in 2010 after being founded as Foodiebay in 2008. In countries like the United Arab Emirates, the United Kingdom, Sri Lanka, Qatar, South Africa, the Philippines, etc., the company began providing its food ordering and delivery service. Zomato's service was introduced in Brazil, Turkey, New Zealand, and Indonesia later in 2013.
Online logistics and on-demand ordering services are provided by Delivery Much. Before placing an order, users can access the website to view restaurant menus and delivery costs.
In addition, they have a variety of payment options at their disposal, including cash and credit cards, which they can use to have their food delivered right to their doorsteps. The business is based in Santa Catarina, Brazil, and was founded in 2011.
Users can find and order their preferred food more easily with Quero Delivery, an online restaurant search engine.
By integrating food ordering and delivery services in the major Brazilian cities and the company added many advanced features. For the food they order online, users can pay with credit, debit, and online wallets.
A Final Word
Food lovers in Brazil can download dozens of food ordering and delivery apps to have their preferred food delivered right to their door.
With the aid of a qualified development company that provides development services at an affordable price, you can also take your business online.
By offering Brazilian end users a seamless service experience on-demand, move your company online to serve their needs.