Consumers' demand for red meat attributes in Malaysia

The growth of Malaysians' per capita income has generally empowered consumers to have wider choices of food, greater purchasing power and as they become more health conscious, they begin to demand for more nutritional food in their daily intake. Motivated by the changes in Malaysian consumer�...

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Main Authors: Abdul Hadi, Ahmad Hanis Izani, Selamat, Jinap, Shamsudin, Mad Nasir, Radam, Alias
Format: Article
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2013
Online Access:http://psasir.upm.edu.my/id/eprint/28350/1/Consumers.pdf
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author Abdul Hadi, Ahmad Hanis Izani
Selamat, Jinap
Shamsudin, Mad Nasir
Radam, Alias
author_facet Abdul Hadi, Ahmad Hanis Izani
Selamat, Jinap
Shamsudin, Mad Nasir
Radam, Alias
author_sort Abdul Hadi, Ahmad Hanis Izani
collection UPM
description The growth of Malaysians' per capita income has generally empowered consumers to have wider choices of food, greater purchasing power and as they become more health conscious, they begin to demand for more nutritional food in their daily intake. Motivated by the changes in Malaysian consumer's food choice, a conjoint analysis was performed to investigate the Malaysian consumers' demands for red meat attributes and how much they are willing to pay for their demanded attributes. Two hundred and five respondents from fourteen states in Malaysia were interviewed to rate the combinations of red meat attributes in the range of one to ten, with one as the least preferred, and ten as the most preferred. The findings suggested that the most important attributes for red meat products were texture, followed by freshness, packaging and point of purchase. Consumers were also willing to pay premium prices for the demanded attributes. The results would have positive implications on the agro-food industry if market responds effectively by translating these changes into business opportunities.
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spelling upm.eprints-283502015-09-07T03:01:40Z http://psasir.upm.edu.my/id/eprint/28350/ Consumers' demand for red meat attributes in Malaysia Abdul Hadi, Ahmad Hanis Izani Selamat, Jinap Shamsudin, Mad Nasir Radam, Alias The growth of Malaysians' per capita income has generally empowered consumers to have wider choices of food, greater purchasing power and as they become more health conscious, they begin to demand for more nutritional food in their daily intake. Motivated by the changes in Malaysian consumer's food choice, a conjoint analysis was performed to investigate the Malaysian consumers' demands for red meat attributes and how much they are willing to pay for their demanded attributes. Two hundred and five respondents from fourteen states in Malaysia were interviewed to rate the combinations of red meat attributes in the range of one to ten, with one as the least preferred, and ten as the most preferred. The findings suggested that the most important attributes for red meat products were texture, followed by freshness, packaging and point of purchase. Consumers were also willing to pay premium prices for the demanded attributes. The results would have positive implications on the agro-food industry if market responds effectively by translating these changes into business opportunities. Faculty of Economics and Management, Universiti Putra Malaysia 2013-06 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/28350/1/Consumers.pdf Abdul Hadi, Ahmad Hanis Izani and Selamat, Jinap and Shamsudin, Mad Nasir and Radam, Alias (2013) Consumers' demand for red meat attributes in Malaysia. International Journal of Economics and Management, 7 (1). pp. 17-27. ISSN 1823-836X http://econ.upm.edu.my/ijem/vol7_no1.htm
spellingShingle Abdul Hadi, Ahmad Hanis Izani
Selamat, Jinap
Shamsudin, Mad Nasir
Radam, Alias
Consumers' demand for red meat attributes in Malaysia
title Consumers' demand for red meat attributes in Malaysia
title_full Consumers' demand for red meat attributes in Malaysia
title_fullStr Consumers' demand for red meat attributes in Malaysia
title_full_unstemmed Consumers' demand for red meat attributes in Malaysia
title_short Consumers' demand for red meat attributes in Malaysia
title_sort consumers demand for red meat attributes in malaysia
url http://psasir.upm.edu.my/id/eprint/28350/1/Consumers.pdf
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AT selamatjinap consumersdemandforredmeatattributesinmalaysia
AT shamsudinmadnasir consumersdemandforredmeatattributesinmalaysia
AT radamalias consumersdemandforredmeatattributesinmalaysia