Zhongjin: In the second half of the year, the demand for the public food sector is expected to be stable and rising. Konjac, coconut water, and other products are expected to maintain their innovative vitality.

CICC (China International Capital Corporation) predicts that in the second half of 2025, the demand for consumer food sector is expected to stabilize and increase. They also predict that sub-categories with new consumer attributes such as konjac in the snack category, sugar-free tea, electrolyte water, and coconut water in the soft drinks category are expected to maintain their innovative vitality, by continuously capturing new consumer trends and maintaining high levels of prosperity. In terms of sub-categories, they recommend prioritizing soft drinks and snacks, and suggest paying attention to the dairy and beer sectors with low valuations. In the long run, there are still opportunities for structural growth in the industry, and self-satisfaction emotional value consumption and cost-effective products are expected to perform better.