Demand for Pasture-Raised Livestock Products: Results from Michigan Retail Surveys
David S. Conner and
Diana Oppenheim
Journal of Agribusiness, 2008, vol. 26, issue 01, 20
Abstract:
Pasture-raised livestock production offers opportunity for product differentiation and enhanced sustainability. Shopper surveys at three Michigan retail locations measured consumers’ attitudes and beliefs regarding pasture-raised livestock products, and willingness to pay for pasture-raised milk and beef. The shoppers associate pasture-raised products with attributes important to purchase decisions. The shoppers express willingness to pay, on average, about 35% more for pasture-raised milk and beef. Informational messages appear to have no effect on these responses. We suggest pasture-raised is a viable marketing strategy and recommend premium pricing strategies and promotion based on verifiable health benefits.
Keywords: Agribusiness; Demand and Price Analysis; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (11)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jloagb:90550
DOI: 10.22004/ag.econ.90550
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