Understanding Markets for Grass-Fed Beef: Taste, Price, and Purchase Preferences
Lauren Gwin,
Catherine Durham (),
Jason D. Miller and
Ann Colonna
Journal of Food Distribution Research, 2012, vol. 43, issue 2, 21
Abstract:
We use results of a consumer taste test conducted in Portland, Oregon, and choice-based conjoint analysis to examine consumer attitudes about grass-fed beef compared to conventional grain-fed: taste preferences, willingness to pay, and willingness to buy frozen meat in bulk. We consider the effect of demographic, attitudinal, and shopping location characteristics of consumers. A baseline, uninformed consumer will pay $0.90-$0.94/pound more for grass-fed ground beef; knowledge about production and nutritional factors increases the premium. A majority of participants would buy in bulk if they knew a producer or a friend referred them; 72% will buy frozen beef.
Keywords: Environmental Economics and Policy; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:145331
DOI: 10.22004/ag.econ.145331
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