Top 10 U.S. Pizza Chains by Market Share

The U.S. pizza industry is a significant player in the food market, with about 3 billion pizzas sold annually. In 2022, pizza restaurant sales in the U.S. hit an all-time high of $46.9 billion, showcasing a $10 billion increase compared to a decade ago. This below graphic, based on data from Statista (published June 2023), lists the top 10 U.S. pizza chains by their 2022 sales figures.

Domino’s Domination

Domino’s leads the U.S. pizza market by a significant margin, generating $8.6 billion in revenue in 2022. The brand’s global presence is also impressive, with over 20,500 locations in 90 countries, serving over 1 million customers daily.

The Top Three

Following Domino’s, Pizza Hut ranks second with $5.3 billion in revenue, and Little Caesars comes in third with $4.7 billion.

Breakdown of Top 10 U.S. Pizza Chains by 2022 Revenue

1. Domino’s Pizza: $8.572 billion
2. Pizza Hut: $5.270 billion
3. Little Caesars: $4.724 billion
4. Papa John’s: $3.712 billion
5. Marco’s Pizza: $1.063 billion
6. Papa Murphy’s: $753 million
7. MOD Pizza: $662 million
8. Hungry Howie’s: $534 million
9. Round Table Pizza: $463 million
10. Jet’s Pizza: $441 million

Regional Chains

While the top end of the ranking includes well-known national brands, regional pizza chains like Jet’s Pizza and Hungry Howie’s also make the list. Jet’s Pizza is popular in the Great Lakes region, whereas most Hungry Howie’s locations are in Michigan and Florida.

Market Growth

The U.S. pizza industry is thriving, with the number of pizza restaurants steadily increasing over the years. In 2022, the number of pizza establishments reached an impressive total of over 80,000 units. This growth can be attributed to several factors:

1. Rising Demand: With the convenience and popularity of pizza as a quick meal option, consumer demand continues to grow, leading to more restaurants opening to meet this demand.
2. Diverse Offerings: Many pizza chains are expanding their menus to include a variety of options such as gluten-free crusts, vegan toppings, and gourmet ingredients, catering to a broader audience and dietary preferences.
3. Technological Advancements: Innovations in online ordering, delivery apps, and contactless payment systems have made it easier for customers to order and receive their pizzas, boosting sales and encouraging more restaurant openings.
4. Franchising Opportunities: The franchise model of many leading pizza chains allows entrepreneurs to open new locations with the support and recognition of a well-established brand, contributing to the overall increase in pizza restaurants.
5. Market Penetration: Regional chains are expanding beyond their traditional areas, bringing their unique flavors and styles to new markets across the country.

The growth of the pizza industry is a testament to its enduring popularity and adaptability to changing consumer trends.