脆口的核桃、腰果、开心果、扁桃仁，粉糯的栗子、莲子......坚果家族成员丰富，总有一款适合你。奇亚籽、松子、杏仁、腰果可以带来扎实的饱腹感。 每100g核桃含43mg维生素E，堪称肌肤充电宝，抗氧化大王。榛子（炒）含钙量为815mg/100g，近纯牛奶的8倍。 7-8颗杏仁或开心果 吃多少？一把就好！ 按照《中国居民膳食指南（2022）》建议，每人每周摄入坚果50~70克（只算果仁部分），平均下来每天约10克。然而，数据显示，很多人的日常摄入量 并未达标。 问 10克到底是多少？ 记住"一小把"法则：每天吃自己单手的一小捧去壳坚果仁。 8颗腰果 2个碧根果 一小把带壳瓜子或松子 1个纸皮核桃 千万不要晚上边刷视频边吃坚果，不知不觉可以吃完一整罐！没有运动消耗，多余的热量就容易转化成脂肪，想不胖都难。 KUAI LE SHI GUANG 怎么吃，才不会胖？ 坚果属于高能量食物，控制摄入量是关键。比如一小把大杏仁的能量约等于一碗米饭。 掌握以下技巧，享受美味无负担： 优选早餐时段 坚果是高能量高营养食物。早晨吃一把，能提升早餐质量，平稳一天的食欲，对控制体重有益。 巧妙替换零食 一小把开心果替代饼干、曲奇；如果 ...

Core Viewpoint - Hema has faced multiple food safety issues over the past year, raising concerns about consumer trust in the brand due to repeated incidents of product quality failures [9][10][19]. Group 1: Recent Food Safety Issues - A recent incident involved a consumer purchasing sunflower seeds from Hema that lacked a production date, leading to questions about the legality of selling such products [5][8]. - Hema's official response included a refund to the customer and a claim that other sunflower seeds in stock did not have the same issue, while the brand is conducting further investigations [8]. - The company has been previously criticized for various food safety problems, including the sale of eggs with veterinary drug residues and kiwis with excessive growth agents [10][19]. Group 2: Consumer Complaints and Quality Control - Hema has received a significant number of consumer complaints, totaling 17,835, with issues ranging from spoiled fish to contaminated bread products [12]. - Complaints about cherries sold at Hema highlighted problems with quality control, as many customers reported receiving spoiled fruit and issues with weight discrepancies [12][20]. - Experts have pointed out that Hema's rapid expansion may be contributing to systemic quality control issues within its supply chain and management processes [19][20]. Group 3: Industry Context and Challenges - Hema's aggressive expansion strategy has seen the opening of 72 new stores in 2024, with a total of nearly 430 locations, surpassing Walmart's presence in China [19]. - The company reported a revenue growth of over 40% in 2025, serving over 100 million consumers, but this rapid growth has put pressure on its supply chain and management systems [19][21]. - Industry experts emphasize that both Hema and its competitors, like Sam's Club, face significant challenges in maintaining quality control while expanding their market presence [20][21].

12月22日起的为期一个月，七鲜将开展"超级品类日"，零食、烘焙、酒水、水果等品类陆续上线，每周一到周四均有 当周特定品类的超值优惠。此次"超级零食铺"的打造，也源于七鲜对年末消费趋势的敏锐洞察。近年来，巧克力、坚 果等零食在年末销量显著攀升，折射出"悦己型消费"与"赠礼型消费"的双重增长。七鲜依托供应链优势，携手全球优 质零食品牌，通过直采减少中间环节，叠加多重让利优惠，让高品质零食以更亲民的价格走进日常生活。 零食消费往往伴随即时的心动与情感需求——追剧时突然想嗑瓜子，节日里想即刻送出一盒巧克力......京东七鲜"3公 里最快30分钟送达"的即时配送服务，正让这份"即想即得"的快乐成为可能。本周零食超级品类日"满69减10"和"买一 赠一"优惠，也让更多消费者在归家途中或居家时刻轻松下单。"即想即得"的快乐背后，也印证了新零售正从"满足需 求"向"创造幸福场景"持续进阶。 冬日宅家的时光，一份可口的健康零食恰是抚慰身心最佳选择。随着当下人们对"悦己"的追求愈发强烈，零食不仅是 填充时间空隙的小吃，更是获得自我满足的情绪价值品。在年末欢聚时光来临之际，京东七鲜也开启零食超级品类 日，12月22日至12月2 ...

Group 1 - The leisure snack industry is undergoing a significant transformation driven by changes in consumer demand and channel dynamics, moving from a reliance on single-channel growth to a focus on supply chain efficiency [1][4] - The industry has experienced three phases of change: the supermarket era, the e-commerce boom, and the current phase characterized by diversification and a demand for high cost-performance products [9][10] - Key players in the market are adapting to these changes by either enhancing supply chain capabilities or focusing on brand strength to navigate the evolving landscape [3][4] Group 2 - Offline discount snack stores and online platforms like Douyin are emerging as significant channels, offering high cost-performance options and driving competition beyond just price [2][4] - The competition among brands has shifted from price wars to a comprehensive evaluation of store experience, supply chain responsiveness, and franchise support [2][3] - The current market environment emphasizes the need for companies to build long-term competitive advantages through either supply chain optimization or brand loyalty [4][10] Group 3 - The industry consensus is that a multi-channel approach and moderate category focus are essential strategies for success, with companies differentiating their responses based on their core competencies [3][4] - "Traffic-oriented" companies like Salted Fish and Three Squirrels are transitioning to strengthen their internal capabilities, while "big product" companies like Qiaqia and Jin Zai Foods are focusing on reinforcing their brand recognition [3][4] - The transformation in the snack industry reflects broader consumer trends, indicating that companies must adapt to changing market conditions to maintain competitiveness [4][10]

摘要 对于 2026 年的零食行业，有哪些投资建议？ 展望 2026 年，我们认为零食行业仍然高度分散且消费者需求多样。核心有两 条投资主线：第一条是看好头部零食量贩品牌扩展品类、提升供应链效率，并 积极探索自由品牌带来的店效提升空间。市场对头部品牌的开店空间和同店韧 性仍存在预期差，因此继续推荐万辰集团和鸣鸣很忙；第二条主线是看好魔芋 和燕麦品类的创新空间，这两个品类有望进一步拓宽市场上限。其中浙江受益 受凭借自主自产自研能力及健全供应链体系，有望延续高景气度。此外，应重 点关注卫龙、盐津、西麦等企业的表现。 恰恰食品受瓜子和坚果成本及低价竞争影响，业绩承压；劲仔和甘源侧 重电商和零售渠道，但渠道费用增加抑制利润增长。零食企业业绩分化 明显。 零食量贩双寡头格局确立，很忙侧重开店规模领先，万辰则注重单店模 型盈利能力。截至目前，很忙门店超 2.1 万家，万辰为 1.9 万家，C22 市场份额接近 80%。 市场对头部零食量贩品牌扩展品类、提升供应链效率及自由品牌店效提 升空间存在预期差，推荐关注万辰集团和鸣鸣很忙。 看好魔芋和燕麦品类的创新空间，有望拓宽市场上限。浙江受益凭借自 主自产自研能力及健全供应链体 ...

Core Insights - Qiaqia has grown alongside Hefei, becoming a significant player in the food industry and earning recognition for its quality and innovation [1][3][4] Group 1: Company Growth and Development - Qiaqia has been a benchmark enterprise in Hefei, witnessing the city's rapid development and contributing to its reputation as a center for the nut and snack industry [1][3] - The company has benefited from Hefei's supportive policies and improved business environment, which have provided a solid foundation for its growth [3] Group 2: Quality Control and Innovation - Qiaqia emphasizes a "fresh" strategy, ensuring product quality through comprehensive supply chain management and direct sourcing from global planting bases [4] - The company has implemented advanced production techniques and has been recognized for its key preservation technology, receiving national awards for its research and development efforts [4][5] Group 3: Technological Advancements - Qiaqia has consistently prioritized technological innovation, evolving its production methods and developing a proprietary technology system across all stages of production [5] - The company has established a national research center for nut processing technology and has been involved in setting industry standards, showcasing its commitment to advancing the sector [5] Group 4: Global Expansion and Cultural Promotion - Since 2000, Qiaqia has expanded internationally, with products now available in over 50 countries, promoting Chinese culture through localized product offerings [7] - The brand aims to convey cultural confidence and has engaged in initiatives to educate international markets about Chinese traditions, particularly through its products [7]

Group 1: Snack Food Industry - Qiaqia Food achieved steady revenue growth in October, but nut category volume contracted in November due to the timing of the Spring Festival, while the sunflower seed category continued to grow. The main focus for future product development will be on nuts, including single nuts and flavored nuts, with increased promotion and distribution efforts. New products in the pipeline include konjac, peanut fruit, potato chips, and nut milk, indicating a stronger push for category expansion compared to the past [4] - Ximai Food's sales performance in Q4 2025 is strong, continuing the trend from the previous three quarters. The company aims to maintain steady revenue growth in its oatmeal business for 2026, with new health products expected to contribute additional revenue. The online sales of new health products launched in late November are performing well, and the company plans to continue channel expansion [4] - Wancheng Group is focusing on improving store quality while controlling the speed of new store openings. The performance of same-store sales has improved compared to H1 2025, and the company plans to accelerate store openings in 2026. The company is also experimenting with new product categories in different city tiers, including short shelf-life products and daily necessities [4] Group 2: Food Supply Chain - Anjijia Food reports continued improvement in operations, with reduced price competition in the frozen food industry. The company has seen improved downstream restaurant demand and has maintained low promotional efforts, resulting in lower inventory levels among distributors. The focus has shifted from channel-driven to new product-driven strategies, with notable sales growth in new products like shrimp slices [5][6] - The company is also expanding into frozen baking and halal food sectors, indicating a diversification of its product offerings. The channel strategy has evolved from fully embracing customization to a more controlled approach, enhancing operational efficiency [6]

Core Viewpoint - The article emphasizes the importance of a balanced and nutritious diet during winter to enhance immunity and adapt to colder temperatures, highlighting specific dietary recommendations to prevent common winter illnesses. Group 1: Energy Supply - Adequate energy intake is crucial in winter as the body requires more calories to maintain normal temperature and physiological activities, necessitating an increase in caloric consumption [2] - It is recommended to mix staple foods like rice and grains, incorporating options such as millet, corn, and whole grains to ensure a balanced diet [2] - Daily oil intake should be controlled to below 25 grams, preferably using unsaturated fats from plant oils, while avoiding excessive animal fats [2] Group 2: Protein Intake - Sufficient protein intake is essential for synthesizing antibodies that help the body resist cold and infections, with recommendations to include lean meats, fish, eggs, and dairy in meals [3] - Each meal should ideally contain about one-third of protein, with specific examples provided for breakfast, lunch, and dinner [3] - While animal proteins are generally superior, care should be taken to avoid excessive fat intake, with suggestions for lean cuts of meat [3] Group 3: Vitamins and Minerals - Increased demand for vitamins related to energy metabolism, particularly vitamin B2, is noted, with animal liver, eggs, and milk as good sources [4] - Vitamin C is highlighted for its role in enhancing cold resistance and collagen synthesis, with fresh fruits and vegetables recommended, particularly winter jujubes [5] - Vitamin A is important for maintaining the health of epithelial tissues, with suggestions for daily vegetable intake to ensure adequate levels [5] Group 4: Calcium and Iron - Calcium intake is emphasized, especially for children and the elderly, with dairy products recommended as primary sources [6] - Iron-rich foods are necessary to support blood circulation and immune function, with animal sources being more easily absorbed than plant sources [7] Group 5: Zinc and Dietary Practices - Foods rich in zinc, such as red meat and shellfish, are recommended to reduce infection risk during winter [8] - It is advised to avoid raw and cold foods to prevent gastrointestinal irritation, and to limit the consumption of overly fatty foods to maintain digestive health [9][10]

Core Points - The Dalian Municipal Market Supervision Administration released a notice regarding the results of food safety inspections, which included a total of 495 batches of food products, with 10 batches found to be non-compliant [2][3] Summary by Categories Food Categories Inspected - The inspection covered nine categories of food products: convenience foods, canned foods, frozen foods, fried foods and nut products, egg products, starch and starch products, catering foods, agricultural products, and special dietary foods [2] Non-compliance Details - Out of the 495 batches inspected, 10 batches were identified as non-compliant, prompting the Dalian Municipal Market Supervision Administration to initiate investigations and corrective actions against the responsible production and operation units [2][3] Regulatory Framework - The inspections were conducted in accordance with the Food Safety Law of the People's Republic of China and the Food Safety Sampling Inspection Management Measures [2]

Core Insights - The company has transformed from a "product seller" to a "global brand management ecosystem" over eight years of participation in the China International Import Expo (CIIE) [1][2] - The total procurement amount has exceeded 1.47 billion yuan, with partnerships spanning over 20 countries, including Malaysia, Italy, and Belgium [1] - The company aims to redefine the value of snacks by focusing on health and emotional satisfaction, moving away from price competition [2] Group 1: Transformation Journey - The company initially participated in the CIIE as a "procurement merchant," primarily showcasing single-category imported snacks [1] - The current participation highlights a shift to a platform-based approach, capable of integrating global resources [1] - The company has established a "global golden production area selection system" to enhance supply chain capabilities [2] Group 2: Strategic Focus - The company plans to deepen cooperation with leading global enterprises while focusing on countries along the Belt and Road Initiative [2] - An overseas expansion plan has been outlined, with products already entering markets like the United States and Canada [2] - The community retail brand "Yangchuanji" aims to establish over 1,000 stores by 2027, facilitating the last mile of distribution [2] Group 3: Future Vision - The company envisions continuing to leverage the CIIE as a strategic interface to integrate global resources and support domestic consumption upgrades [2] - The dual focus on health and emotional value is seen as a key differentiator in the snack industry [2] - The transformation from "product thinking" to "ecosystem thinking" is a significant milestone in the company's development [2]