Consumers’ Preferences and Attitudes towards Plant-Based Milk

Plant-based milk (PBM) has become increasingly popular due to its environmental sustainability, health benefits, ingredient abundance, and unique taste. This study aims to identify the main factors that affect consumer preferences and attitudes towards PBM, and to examine the effect of consumer atti...

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Main Authors: Wenfan Su, Yu Yvette Zhang, Songhan Li, Jiping Sheng
Format: Article
Language:English
Published: MDPI AG 2023-12-01
Series:Foods
Subjects:
Online Access:https://www.mdpi.com/2304-8158/13/1/2
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author Wenfan Su
Yu Yvette Zhang
Songhan Li
Jiping Sheng
author_facet Wenfan Su
Yu Yvette Zhang
Songhan Li
Jiping Sheng
author_sort Wenfan Su
collection DOAJ
description Plant-based milk (PBM) has become increasingly popular due to its environmental sustainability, health benefits, ingredient abundance, and unique taste. This study aims to identify the main factors that affect consumer preferences and attitudes towards PBM, and to examine the effect of consumer attitudes including environmental awareness, health consciousness, and food neophobia on WTP. We use the double-bounded dichotomy choice (DBDC) method to calculate consumers’ willingness to pay (WTP) for PBM. We find that the appearance, taste, nutritional value, and environmental benefits of PBM significantly increase consumers’ WTP for it. Consumers with high environmental awareness are more likely to perceive PBM as environmentally friendly and are willing to pay a higher price for it. Consumers with high health consciousness tend to value the environmental benefits of PBM and prioritize purchase convenience, as it aligns with their health-conscious lifestyle, leading to a higher WTP for PBM. The results of our study can help design effective strategies to market plant-based milk and develop sustainable and healthy food systems.
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spelling doaj.art-27668112b6fb4891af67377312b9d24c2024-01-10T14:56:32ZengMDPI AGFoods2304-81582023-12-01131210.3390/foods13010002Consumers’ Preferences and Attitudes towards Plant-Based MilkWenfan Su0Yu Yvette Zhang1Songhan Li2Jiping Sheng3School of Agricultural Economics and Rural Development, Renmin University of China, Beijing 100872, ChinaDepartment of Agricultural Economics, Institute for Advancing Health through Agriculture (IHA) Affiliate Member, Texas A&M University, College Station, TX 77843, USASchool of Agricultural Economics and Rural Development, Renmin University of China, Beijing 100872, ChinaSchool of Agricultural Economics and Rural Development, Renmin University of China, Beijing 100872, ChinaPlant-based milk (PBM) has become increasingly popular due to its environmental sustainability, health benefits, ingredient abundance, and unique taste. This study aims to identify the main factors that affect consumer preferences and attitudes towards PBM, and to examine the effect of consumer attitudes including environmental awareness, health consciousness, and food neophobia on WTP. We use the double-bounded dichotomy choice (DBDC) method to calculate consumers’ willingness to pay (WTP) for PBM. We find that the appearance, taste, nutritional value, and environmental benefits of PBM significantly increase consumers’ WTP for it. Consumers with high environmental awareness are more likely to perceive PBM as environmentally friendly and are willing to pay a higher price for it. Consumers with high health consciousness tend to value the environmental benefits of PBM and prioritize purchase convenience, as it aligns with their health-conscious lifestyle, leading to a higher WTP for PBM. The results of our study can help design effective strategies to market plant-based milk and develop sustainable and healthy food systems.https://www.mdpi.com/2304-8158/13/1/2plant-based milkwillingness to payconsumer preferenceenvironmental awarenesshealth consciousnessfood neophobia
spellingShingle Wenfan Su
Yu Yvette Zhang
Songhan Li
Jiping Sheng
Consumers’ Preferences and Attitudes towards Plant-Based Milk
Foods
plant-based milk
willingness to pay
consumer preference
environmental awareness
health consciousness
food neophobia
title Consumers’ Preferences and Attitudes towards Plant-Based Milk
title_full Consumers’ Preferences and Attitudes towards Plant-Based Milk
title_fullStr Consumers’ Preferences and Attitudes towards Plant-Based Milk
title_full_unstemmed Consumers’ Preferences and Attitudes towards Plant-Based Milk
title_short Consumers’ Preferences and Attitudes towards Plant-Based Milk
title_sort consumers preferences and attitudes towards plant based milk
topic plant-based milk
willingness to pay
consumer preference
environmental awareness
health consciousness
food neophobia
url https://www.mdpi.com/2304-8158/13/1/2
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