Zheng Quan Ri Bao·2025-06-20 16:48Group 1: Market Trends - The retail sales of spicy snacks in China are expected to reach 273.7 billion yuan by 2026, with global snack sales projected to hit 835.8 billion USD by 2033, driven by the unique flavors of Chinese spicy snacks [1] - The health trend in the snack industry is reshaping the market, with a focus on low-fat and low-calorie options like quail eggs and konjac products [2][3] Group 2: Company Innovations - Yichang Konjac Biotechnology Co., Ltd. has seen a stock price increase of 159% this year, with konjac powder revenue reaching 430 million yuan, a nearly 20% increase, and konjac food revenue growing by 63% to 170 million yuan [2] - Salted Fish Co. reported a 76.09% increase in revenue for its popular konjac product, "Big Demon" [2] - The company is innovating by combining traditional flavors with healthy ingredients, such as integrating classic marinated flavors with konjac products [3] Group 3: Production and Standards - The industry is moving towards standardized production processes, as seen in companies like Malatang Prince, which has implemented GMP standards in its production facilities [4][5] - Malatang Prince has achieved significant reductions in sugar (50%), fat (23%), and salt (32%) through ongoing research and development [5] Group 4: Channel Transformation - Salted Fish Co. has shifted its revenue channels, reducing the share from traditional supermarkets to 3.55% while increasing new channels to 74.59% and e-commerce to 21.86% [5][6] - The adoption of new sales channels, including snack stores and platforms like Douyin, has improved efficiency and market reach [6] Group 5: Global Expansion - Salted Fish Co. plans to invest approximately 220 million yuan in establishing a production base in Thailand, focusing on products like konjac and potato chips [7] - Jin Zai Food has also expanded its operations in Kenya, exporting wild anchovies to China and utilizing a dual-track model for production [8] - The adaptation of flavors to local tastes is crucial for the success of Chinese spicy snacks in international markets [8][9]