The U.K. food delivery industry exploded during the pandemic. But as the lockdowns ease, which food delivery stock will come out on top? Here we use our Stock Intelligence platform to dive into the key alternative data trends for three of the market's biggest players, namely Deliveroo (ROO), Uber Eats (UBER) and Just Eat Takeaway (JET).
According to Lumina Intelligence, U.K. food delivery grew by £3.7 billion in 2020 to reach £11.4 billion – double its 2015 market value. However the research firm also estimates that this number will drop by almost 8% in 2021 as restaurants get back to business (although note this is still 37% higher than the pre-pandemic numbers).
At the same time, a whole host of more disruptive names are also looking for a slice of this lucrative industry. We have feisty newcomers like Turkey's Getir facing off against German rivals Flink and Gorillas. Meanwhile U.K. supermarkets like Tesco and Sainsbury's are experimenting with their own food delivery services (look out for Whoosh, and Chop Chop respectively).