【国泰海通食品】周报第24期：成长为先，饮料/啤酒结构性繁荣

猛哥看商业2025-07-13

核心观点导读：消费行业产品焕新加速，重点配置持续创新的企业，零食、饮料等品类创新相对较快、结构性成长红利持续，白酒产业风险加速释放。核心观点：新消费为先，传统成长并进。基于当前新人群新需求演变，新渠道和新品类创新驱动新消费成长红利，产品焕新和渠道变革加速，呈现明显的供给驱动型增长，细分赛道中零食、饮料等品类创新相对较快，传统龙头对产品创新重视度逐步提升，我们认为配置重点是持续推出新品和布局新渠道的...

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