Consumer Acceptance Of New Sheep Milk Cheeses
AbstractThis paper provides estimates of consumers willingness to pay for two new sheep milk cheeses, developed as part of a RIRDC research project. In 1998, following an in-store tasting, a sample of 215 consumers were asked to reveal what price they would be willing to pay for portions of the cheese. Analysis of the data reveals the probability that a consumer will purchase the product, as prices change. There are higher levels of acceptance of the soft cheese product as compared with the hard cheese, and higher prices paid (per kilo) for smaller portions. It is shown that the structure of the price revelation process in the survey has also influenced the results.
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Bibliographic InfoArticle provided by University of Melbourne, Melbourne School of Land and Environment in its journal Australasian Agribusiness Review.
Volume (Year): 13 (2005)
Issue (Month): ()
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Web page: http://www.agrifood.info/review/
Consumer acceptance; sheep milk cheese; soft cheese; hard cheese; Agribusiness; Consumer/Household Economics; Demand and Price Analysis; Farm Management; Food Consumption/Nutrition/Food Safety; Marketing; Production Economics; ISSN 1442-6951;
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