# snack industry
Latest news and articles about snack industry
Total: 3 articles found
China’s Snack Champion Follows IPO with a Push into Fresh Food — But the Strategy Is Risky
Mingming Hen Mang has quietly launched a fresh‑snack brand, You.Recommend, and opened a large mall store in Wuhan just before its Hong Kong IPO. The move targets consumers frustrated by high snack prices and aims to leverage the company’s supply chain, but perishable goods and already thin margins make scaling the concept risky.
China’s Pickled Chicken-Foot Scandal Exposes a Low‑bar, High‑risk Snack Industry — and Puts Market Leader Youyou in the Crosshairs
A CCTV consumer‑rights investigation accused several small producers of using hydrogen peroxide to bleach chicken feet, triggering industrywide alarm. Youyou Foods, the listed market leader, denied wrongdoing but still saw its stock and reputation pressured, highlighting systemic risks in a fragmented, low‑barrier sector that may face accelerated consolidation and regulatory tightening.
“Jelly King” Qinqin Foods Reverts to Loss as Core Product Slumps and Margins Squeeze
Qinqin Food Group, known as the “Jelly King,” has issued a 2025 profit warning and expects a small net loss after a fragile recovery in 2024. The reversal stems from falling traditional‑channel jelly sales that reduced scale benefits and a mix of one‑off property gains and impairments, underscoring structural challenges for legacy snack brands in China.