Investing.com -- Domino’s Pizza (NYSE: DPZ) and Casey’s General Stores (NASDAQ: CASY) are emerging as the biggest winners in the battle for pizza market share, according to a Bank of America analysis of the U.S. quick-service restaurant pizza market. The U.S.
pizza category continues to grow at a healthy pace, with total sales reaching an estimated $43.4 billion in 2025, up 3.1% from the prior year. Analysts said the industry has benefited from a stabilization in competitive pressures that intensified following the rise of third-party delivery platforms. Much of the disruption caused by aggregators such as DoorDash and Uber Eats appears to be moderating.
As delivery platform growth normalizes, pizza chains have regained some footing within the broader quick-service restaurant sector. Among traditional pizza operators, Domino’s continues to strengthen its competitive position. The company has steadily expanded its share of both delivery and carryout sales since 2021, while growing systemwide sales despite a challenging operating environment for many restaurant brands.
The report highlighted Domino’s ability to attract customers from competing pizza chains, helping it gain share even as rivals such as Pizza Hut and Papa John’s face ongoing traffic pressures. Casey’s is finding success through a different strategy. Pizza remains the centerpiece of its prepared food business and contributes roughly half of foodservice sales.
The convenience-store operator has benefited from value-focused offerings, customer loyalty initiatives, and strong penetration in smaller markets. Foodservice growth has become an increasingly important earnings driver for Casey’s, with store acquisitions, menu innovation, and loyalty program expansion supporting further gains. The report also noted that Casey’s enjoys a competitive advantage from its fuel business, which can help offset food cost pressures that weigh more heavily on restaurant-only operators.
Despite continued competition across the category, both companies appear well-positioned to capture additional market share. Domino’s remains the leading winner among national pizza chains, while Casey’s continues to expand its presence through convenience-store foodservice. Analysts expect both companies to remain key beneficiaries as pizza demand grows and competitive conditions become more stable.
Comments
Interesting to see how Domino's keeps dominating the pizza scene while Casey's is carving out its niche in convenience stores. It seems like the competition is leveling out, which is good for consumers. With sales projected to keep climbing, I’m curious to see how these two will adapt as delivery trends evolve.
It's interesting to see how Domino's and Casey's are adapting to the changing pizza market! With delivery pressures easing, it seems like both companies are finding unique ways to attract customers. It’s smart of Casey's to leverage its convenience store model along with fuel sales. Wonder how Pizza Hut and Papa John's will respond to stay competitive!