Premium Potential for Geographically Labeled, Differentiated Meat Products

Growing consumer demand for local foods and products grown under specialty production systems provides livestock producers with the opportunity to increase profits and reduce variability through production of high-value finished meat products, integration of additional species, and targeted marketin...

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Main Author: Kynda R. Curtis
Format: Article
Language:English
Published: Lyson Center for Civic Agriculture and Food Systems 2016-09-01
Series:Journal of Agriculture, Food Systems, and Community Development
Subjects:
Online Access:https://www.foodsystemsjournal.org/index.php/fsj/article/view/250
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author Kynda R. Curtis
author_facet Kynda R. Curtis
author_sort Kynda R. Curtis
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description Growing consumer demand for local foods and products grown under specialty production systems provides livestock producers with the opportunity to increase profits and reduce variability through production of high-value finished meat products, integration of additional species, and targeted marketing efforts. This study examines consumer preferences and willingness to purchase and pay premiums for origin-labeled differentiated beef, pork, and lamb products through a mail survey of Nevada residents. Logit model results show important differences in consumer preferences across meat products. Pricing premiums for differentiated pork and lamb products ranged from 11 to 15 percent, while those for beef products ranged from 22 to 40 percent. Additionally, premiums were higher for superior meat cuts. Product appearance attributes such as marbling, texture, and brand had a significant impact on consumer willingness to pay for all products, while product credence attributes, such as production method and origin, only had a significant impact on consumer willingness to pay for commonly known beef products. Target consumers for local differentiated pork and lamb products include higher-income, white married adults with children. Target consumers for beef products include higher-income, younger white adults. Study results show the importance of targeted consumer marketing for less commonly consumed products, such as lamb. Including information on the health benefits of specialized production methods in marketing materials would also be useful, especially if targeting seniors and ethnic groups.
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spelling doaj.art-e812ffe80d044abeb45d7ae58c0fb3a42023-09-02T23:46:34ZengLyson Center for Civic Agriculture and Food SystemsJournal of Agriculture, Food Systems, and Community Development2152-08012016-09-014210.5304/jafscd.2014.042.016250Premium Potential for Geographically Labeled, Differentiated Meat ProductsKynda R. Curtis0Utah State UniversityGrowing consumer demand for local foods and products grown under specialty production systems provides livestock producers with the opportunity to increase profits and reduce variability through production of high-value finished meat products, integration of additional species, and targeted marketing efforts. This study examines consumer preferences and willingness to purchase and pay premiums for origin-labeled differentiated beef, pork, and lamb products through a mail survey of Nevada residents. Logit model results show important differences in consumer preferences across meat products. Pricing premiums for differentiated pork and lamb products ranged from 11 to 15 percent, while those for beef products ranged from 22 to 40 percent. Additionally, premiums were higher for superior meat cuts. Product appearance attributes such as marbling, texture, and brand had a significant impact on consumer willingness to pay for all products, while product credence attributes, such as production method and origin, only had a significant impact on consumer willingness to pay for commonly known beef products. Target consumers for local differentiated pork and lamb products include higher-income, white married adults with children. Target consumers for beef products include higher-income, younger white adults. Study results show the importance of targeted consumer marketing for less commonly consumed products, such as lamb. Including information on the health benefits of specialized production methods in marketing materials would also be useful, especially if targeting seniors and ethnic groups.https://www.foodsystemsjournal.org/index.php/fsj/article/view/250Cheap TalkConsumer Willingness To Pay (WTP)Differentiated MeatsNaturalOrigin LabelingState-Sponsored Designations (SSDS)
spellingShingle Kynda R. Curtis
Premium Potential for Geographically Labeled, Differentiated Meat Products
Journal of Agriculture, Food Systems, and Community Development
Cheap Talk
Consumer Willingness To Pay (WTP)
Differentiated Meats
Natural
Origin Labeling
State-Sponsored Designations (SSDS)
title Premium Potential for Geographically Labeled, Differentiated Meat Products
title_full Premium Potential for Geographically Labeled, Differentiated Meat Products
title_fullStr Premium Potential for Geographically Labeled, Differentiated Meat Products
title_full_unstemmed Premium Potential for Geographically Labeled, Differentiated Meat Products
title_short Premium Potential for Geographically Labeled, Differentiated Meat Products
title_sort premium potential for geographically labeled differentiated meat products
topic Cheap Talk
Consumer Willingness To Pay (WTP)
Differentiated Meats
Natural
Origin Labeling
State-Sponsored Designations (SSDS)
url https://www.foodsystemsjournal.org/index.php/fsj/article/view/250
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