Pizza is big business. According to one study, 83% of consumers eat pizza at least once a month. Overall, we spend an estimated $150 billion on pizza every year. Those sales are growing at a low- to mid-single-digit annual rate, with faster consumption coming from global markets, especially in the carryout and delivery segments.
That growth could make pizza stocks a tasty investment opportunity. Here's a closer look at how to invest in the industry.

Top pizza stocks
Top pizza stocks in 2025
The global pizza industry is a vast and fragmented market, so there are only a few publicly traded pizza-focused restaurant stocks large enough for investors to consider:
Pizza Stock | Ticker Symbol | Market Capitalization | Company Description |
---|---|---|---|
Domino's Pizza | (NYSE:DPZ) | $14.2 billion | The largest pizza company in the world. |
Papa John's | (NASDAQ:PZZA) | $1.6 billion | The third-largest pizza delivery company in the world. |
Yum! Brands | (NYSE:YUM) | $37.6 billion | A fast-food company that operates several brands, including Pizza Hut. |
Here's a closer look at these dominant pizza giants:
1. Domino's Pizza
1. Domino's Pizza
Domino's is the world's largest pizza company based on global retail sales. The company had rung up $18.7 billion in annual total global retail sales as of mid-2024, giving it the largest slice of the worldwide quick-service restaurant (QSR) pizza market.
The company had 20,900 stores in 2024 and now has locations in more than 90 global markets. Roughly half of its sales come from international markets. Domino's has significant carryout and food delivery businesses.
Despite being the global leader, Domino's isn't satisfied. It aims to gobble up a larger slice of the fragmented global pizza market.
The pizza purveyor sees lots of room to expand. Domino's expects to add more than 175 net new stores in the U.S. each year through 2028. Meanwhile, it hopes to eventually open 1,100+ net new international locations annually once it gets past an issue with a major master franchisee. Add in growing same-store sales, and Domino's sees annual revenue growth topping 7% and income from operations growth climbing more than 8%. The figures make Domino's Pizza stock look like an appetizing option for investors.
2. Papa John's
2. Papa John's
Papa John's is the world's third-largest pizza delivery company. It had nearly 5,900 restaurants in about 50 countries as of mid-2024, with about 3,450 locations in North America. The company generated $1 billion in sales during the first half of 2024.
Papa John's also has a bold goal: It aims to become the world's best pizza delivery company, leading it to continue expanding its global footprint.
Papa John's routinely seeks out new ways to expand. For example, it deepened its strategic partnership with Bajco Group in 2024 to expand its presence in North America by 50 new stores by 2028.
3. Yum! Brands
3. Yum! Brands
Yum! Brands is a global QSR leader. It had more than 59,000 restaurants in 155 countries in mid-2024. Its restaurant brands include KFC, Pizza Hut, and Taco Bell, which are global leaders in the chicken, pizza, and Mexican-style food categories, respectively. It also operated The Habit Burger Grill, a fast-casual restaurant specializing in made-to-order chargrilled burgers and sandwiches.
Pizza Hut has more than 19,850 restaurants. The brand generates about 41% of its sales in the U.S., with the rest coming from global markets. It has a heavy presence in China, at 18% of its sales. Yum! is rapidly expanding its Pizza Hut brand, opening 236 new restaurants in 30 countries during the second quarter of 2024 alone as it continues to increase its global pizza empire.
Even though you can't directly buy Pizza Hut stock, Yum! Brands offers investors the opportunity to participate in the global growth of the overall QSR pizza industry.
Related investing topics
Should you invest?
Should you invest in pizza stocks?
Many food and beverage companies remain privately held, but pizza lovers have a few appealing options if they want to invest in the industry's growth.
Domino's is the dominant global brand, while Papa John's is increasing its global reach. Yum! offers the opportunity to invest in pizza along with other food concepts. All three pizza purveyors appear poised to continue expanding in the future, which positions their shareholders to reap some potentially satisfying total returns.