Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products

Purpose: this study aimed to examine the factors affecting millennial consumers’ demand for halal labeled bakery products (sweet bread).Methods: this research used a quantitative approach to estimate the dominant factors affecting Muslims’ demand, based on multiple regression analysis using the Ordi...

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Main Authors: Ludiah Oktavia, Taufiq Marwa, Anna Yulianita
Format: Article
Language:Russian
Published: Nauka 2019-10-01
Series:Модернизация, инновация, развитие
Subjects:
Online Access:https://www.mir-nayka.com/jour/article/view/930
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author Ludiah Oktavia
Taufiq Marwa
Anna Yulianita
author_facet Ludiah Oktavia
Taufiq Marwa
Anna Yulianita
author_sort Ludiah Oktavia
collection DOAJ
description Purpose: this study aimed to examine the factors affecting millennial consumers’ demand for halal labeled bakery products (sweet bread).Methods: this research used a quantitative approach to estimate the dominant factors affecting Muslims’ demand, based on multiple regression analysis using the Ordinary Least Square (OLS) method.Results: (1) The prices and income had a positive and significant effect on millennial consumers’ for halal-labeled bakery products. (2) The halal issue had a positive but insignificant effect on millennial consumers’ demand for halal-labeled bakery products. (3) millennial consumers’ demand for halal-labeled bakery products did not vary depending on taste and method of payment.Conclusions and Relevance: the price was a determinant factor in the demand for halal bakery products. So we recommend that millennial consumers should consider both bread price and quality and whether it is halal or not. The halal concern had actually a positive but insignificant effect, because millennial generation students are expected to pay more attention to the halal issue by considering halal labeling and composition of bakery products (sweet bread) and by having knowledge of halal products.
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spelling doaj.art-8ba6e6b946db42079117645bd5daf9112023-03-13T08:37:14ZrusNaukaМодернизация, инновация, развитие2079-46652411-796X2019-10-0110339540710.18184/2079-4665.2019.10.3.395-407850Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread ProductsLudiah Oktavia0Taufiq Marwa1Anna Yulianita2Sriwijaya UniversitySriwijaya UniversitySriwijaya UniversityPurpose: this study aimed to examine the factors affecting millennial consumers’ demand for halal labeled bakery products (sweet bread).Methods: this research used a quantitative approach to estimate the dominant factors affecting Muslims’ demand, based on multiple regression analysis using the Ordinary Least Square (OLS) method.Results: (1) The prices and income had a positive and significant effect on millennial consumers’ for halal-labeled bakery products. (2) The halal issue had a positive but insignificant effect on millennial consumers’ demand for halal-labeled bakery products. (3) millennial consumers’ demand for halal-labeled bakery products did not vary depending on taste and method of payment.Conclusions and Relevance: the price was a determinant factor in the demand for halal bakery products. So we recommend that millennial consumers should consider both bread price and quality and whether it is halal or not. The halal concern had actually a positive but insignificant effect, because millennial generation students are expected to pay more attention to the halal issue by considering halal labeling and composition of bakery products (sweet bread) and by having knowledge of halal products.https://www.mir-nayka.com/jour/article/view/930исламский спросдоходценавкусыспособ оплатыхаляльная продукциясоблюдение правил «халяль»
spellingShingle Ludiah Oktavia
Taufiq Marwa
Anna Yulianita
Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products
Модернизация, инновация, развитие
исламский спрос
доход
цена
вкусы
способ оплаты
халяльная продукция
соблюдение правил «халяль»
title Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products
title_full Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products
title_fullStr Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products
title_full_unstemmed Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products
title_short Analysis of Factors Affecting Millennial consumers’ Demand for halal Bread Products
title_sort analysis of factors affecting millennial consumers demand for halal bread products
topic исламский спрос
доход
цена
вкусы
способ оплаты
халяльная продукция
соблюдение правил «халяль»
url https://www.mir-nayka.com/jour/article/view/930
work_keys_str_mv AT ludiahoktavia analysisoffactorsaffectingmillennialconsumersdemandforhalalbreadproducts
AT taufiqmarwa analysisoffactorsaffectingmillennialconsumersdemandforhalalbreadproducts
AT annayulianita analysisoffactorsaffectingmillennialconsumersdemandforhalalbreadproducts