Table of Contents
Zomato has sustained its leadership in India’s online food delivery market, consistently holding around 57% share of gross order value (GOV) through FY25–Q2 FY26, compared to Swiggy’s stable 43%.
The gap, which widened gradually through FY24, has now stabilized, indicating a mature, duopolistic equilibrium between the two leading platforms.
What It Means
- Market Consolidation: The Indian food delivery space continues to be dominated by Zomato and Swiggy, with no significant third player emerging post the pandemic era.
- Brand Strategy Payoff: Zomato’s ecosystem play - combining Gold loyalty, Blinkit integration, and dine-out benefits - appears to have strengthened its customer stickiness and higher order frequency.
- Swiggy’s Steady Hold: Despite ceding a few share points earlier, Swiggy has maintained a resilient 42–43% GOV base, reflecting a loyal urban consumer base and stronger retention in high-value metros.