国金证券：茶饮市场扩容持续供应链铸就头部壁垒

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智通财经APP获悉，国金证券发布研报称，现制饮品场景拓宽，叠加对软饮结构性替代，带动消费频次提升。当前茶饮行业门店数增速放缓，品牌数量呈现下降趋势，行业集中度提升，步入成长期中后段。头部品牌凭借供应链与产品优势，门店数量稳健增长，店效逐步修复;中小品牌则因供应链优势不足，在成本和价格压力下逐步出清。该行认为，具备供应链规模化、能够精准快速捕捉用户需求的产品优势、品牌优势的头部连锁品牌，在拓店和单店...

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国金证券：茶饮市场扩容持续 供应链铸就头部壁垒

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国金证券：茶饮市场扩容持续供应链铸就头部壁垒