Chacha Food to benefit from China’s healthier snack trend

Chacha Food is expected to benefit from the rising trend of eating healthier snacks in China, according to latest report by Goldman Sachs.
Chacha is the only company specialising in packaged nuts in mainland China, which is probably one of the most promising segments in China’s snacking market. Chacha also has its own domestic manufacturing to ensure high product quality.
The report expects Chacha to outperform the market over the next 5 years, driven by the pandemic which led to consumer preference toward packaged nuts from unpackaged ones, given the rising health and hygiene awareness during this period.