(以下内容从东吴证券《保健品及港股餐饮2025中报总结:砥砺而行,积极向善》研报附件原文摘录)投资要点保健品行业渠道转型,表现分化。老龄化筑底、新消费驱动,2010年-2023年我国VDS市场规模由701.35亿元增至2240.41亿元,CAGR=9.35%。近几年行业边际变化为线上转型:2010-2024年线上电商零售额占比由3.1%提升至58%,线上电商已超越传统药房、直销成为我国保健品销售的...
Source Link(以下内容从东吴证券《保健品及港股餐饮2025中报总结:砥砺而行,积极向善》研报附件原文摘录)投资要点保健品行业渠道转型,表现分化。老龄化筑底、新消费驱动,2010年-2023年我国VDS市场规模由701.35亿元增至2240.41亿元,CAGR=9.35%。近几年行业边际变化为线上转型:2010-2024年线上电商零售额占比由3.1%提升至58%,线上电商已超越传统药房、直销成为我国保健品销售的...
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