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　　农夫山泉（09633）早盘上涨4.93%，现报35.10港元，成交额2.06亿港元。

　　国盛证券指出，继绿瓶包装水后，农夫山泉再次推出主打“长白山水源”的矿泉水，活动价每瓶1.2元/380ml，2024年饮用水市场竞争较激烈，农夫山泉通过绿瓶纯净水夺回部分市场份额，我们预期2025年仍将维持较强竞争，龙头进一步提升市场份额。

　　招商证券则指出，公司推出绿瓶水，定位抢占份额的战略性产品，对份额势在必得。对于即饮场景的小包装水，动销更多依赖渠道推力，绿瓶水充分让利渠道，推出后经销商和终端进货意愿积极，下半年公司份额开始回升。考虑其他品牌较难模仿，农夫包装水分额提升有望超预期，公司对份额目标不仅仅是恢复到舆论事件前，更要进一步领先。

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