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Beyond Credence: Emerging Consumer Trends in International Market

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Author Info
Cuthbertson, Bron
Marks, Nicki
Abstract

This paper presents the findings of research on emerging global trends in consumer food preferences with credence attributes. Credence qualities cannot be evaluated in normal use. Instead the assessment of their value requires information sought through the search and experience of a product (Darbi & Karni, 1973). Key trends identified were Health and wellness foods, environmentally sustainable and ethical food production. Key drivers for these trends are corporate social responsibility, media, obesity, technology, an aging population and consumers' environmental attitudes. Conditions to operate in this market are traceability, food safety, trust, accreditation, labeling and branding.

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Publisher Info
Paper provided by Australian Agricultural and Resource Economics Society in its series 2008 Conference (52nd), February 5-8, 2008, Canberra, Australia with number 5980.

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Date of creation: 2008
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Handle: RePEc:ags:aare08:5980

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Related research
Keywords: Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics; International Relations/Trade; Marketing;

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