IDEAS home Printed from https://ideas.repec.org/p/ags/aesc16/236354.html
   My bibliography  Save this paper

Introduction of new food and drink products in the UK: is there a trend towards more sustainability?

Author

Listed:
  • Costa-Font, Montserrat
  • Revoredo-Giha, Cesar

Abstract

Manufacturers and retailers are major influences in shaping consumers’ food preferences and choices through a variety of activities such as the distribution formats they create, the ways they operate them and the new food and drink products that they introduce. This paper focuses on the UK food and drink market and its purpose is to explore the role of retailers and manufacturers, as agents of change, when introducing food and drink products with sustainability attributes. In particular the following questions were investigated: whether there is trend as regards food and drink products with sustainability related claims in the UK market and what companies are leading the introduction of new products with sustainable claims and in what categories. The data analysed in this paper were extracted from Mintel’s Global New Products Database (GNPD), which provides information about new products launched in selected countries. The data was subject to a statistical analysis to answer the two aforementioned questions. The analysis revealed that products with sustainability claims show a positive trend, with ‘environmentally friendly package’ being the most popular claim. Overall, the results indicate that the sustainability message is increasingly present in the development of new products of retailers and manufacturers in the UK and retailers through their private labels are playing an important role except for the case of products with carbon neutral calims.

Suggested Citation

  • Costa-Font, Montserrat & Revoredo-Giha, Cesar, 2016. "Introduction of new food and drink products in the UK: is there a trend towards more sustainability?," 90th Annual Conference, April 4-6, 2016, Warwick University, Coventry, UK 236354, Agricultural Economics Society.
  • Handle: RePEc:ags:aesc16:236354
    DOI: 10.22004/ag.econ.236354
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/236354/files/Montserrat_Costa-Font_Costa-Font%20and%20Revoredo-Giha%20-%20New%20food%20and%20drink%20products%20in%20the%20UK%20-%20paper31-03.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.236354?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. Michael Spence, 1976. "Product Selection, Fixed Costs, and Monopolistic Competition," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(2), pages 217-235.
    2. Dixit, Avinash K & Stiglitz, Joseph E, 1977. "Monopolistic Competition and Optimum Product Diversity," American Economic Review, American Economic Association, vol. 67(3), pages 297-308, June.
    3. Richard Schmalensee, 1978. "Entry Deterrence in the Ready-to-Eat Breakfast Cereal Industry," Bell Journal of Economics, The RAND Corporation, vol. 9(2), pages 305-327, Autumn.
    4. Grunert, Klaus G., 2011. "Sustainability in the Food Sector: A Consumer Behaviour Perspective," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 2(3), pages 1-12, December.
    5. Raubitschek, Ruth S., 1988. "Hitting the jackpot: Product proliferation by multiproduct firms under uncertainty," International Journal of Industrial Organization, Elsevier, vol. 6(4), pages 469-488.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Lucas, Sterenn & Soler, Louis-Georges & Revoredo-Giha, Cesar, 2021. "Trend analysis of sustainability claims: The European fisheries and aquaculture markets case," Food Policy, Elsevier, vol. 104(C).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bronnenberg, Bart & Dube, Jean-Pierre, 2016. "The Formation of Consumer Brand Preferences," CEPR Discussion Papers 11648, C.E.P.R. Discussion Papers.
    2. Edward C. Prescott & Stephen L. Parente, 1999. "Monopoly Rights: A Barrier to Riches," American Economic Review, American Economic Association, vol. 89(5), pages 1216-1233, December.
    3. Ramon Caminal & Lluís M. Granero, 2012. "Multi‐product Firms and Product Variety," Economica, London School of Economics and Political Science, vol. 79(314), pages 303-328, April.
    4. Lommerud, Kjell Erik & Sorgard, Lars, 1997. "Merger and product range rivalry," International Journal of Industrial Organization, Elsevier, vol. 16(1), pages 21-42, November.
    5. Nevo, Aviv, 1997. "Mergers with Differentiated Products: The Case of Ready-to-Eat Cereal," Competition Policy Center, Working Paper Series qt1d53t6ts, Competition Policy Center, Institute for Business and Economic Research, UC Berkeley.
    6. Berck, Peter & Rausser, Gordon C., 1980. "Consumer Demand, Grades, Brands, and Margin Relationships," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9h2135j0, Department of Agricultural & Resource Economics, UC Berkeley.
    7. Bart J. Bronnenberg & Jean-Pierre H. Dubé, 2016. "The Formation of Consumer Brand Preferences," NBER Working Papers 22691, National Bureau of Economic Research, Inc.
    8. Belleflamme,Paul & Peitz,Martin, 2015. "Industrial Organization," Cambridge Books, Cambridge University Press, number 9781107687899, September.
    9. Berck, Peter & Rausser, Gordon C., 1980. "Consumer Demand, Grades, Brands, and Margin Relationships," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt9h2135j0, Department of Agricultural & Resource Economics, UC Berkeley.
    10. de Groot, Henri L. F. & Nahuis, Richard, 1998. "Taste for diversity and the optimality of economic growth," Economics Letters, Elsevier, vol. 58(3), pages 291-295, March.
    11. Boyan Jovanovic, 1993. "The Diversification of Production," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(1 Microec), pages 197-247.
    12. Pierre M. Picard & Eric Toulemonde, 2009. "On monopolistic competition and optimal product diversity: workers' rents also matter," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 42(4), pages 1347-1360, November.
    13. Javier Coto‐Martínez & María D. C. García‐Alonso & Paul Levine, 2009. "Taste For Variety And Optimum Product Diversity In An Open Economy," Bulletin of Economic Research, Wiley Blackwell, vol. 61(2), pages 127-138, April.
    14. Rey, Patrick & Salant, David, 2012. "Abuse of dominance and licensing of intellectual property," International Journal of Industrial Organization, Elsevier, vol. 30(6), pages 518-527.
    15. Shon M. Ferguson, 2015. "Endogenous Product Differentiation, Market Size and Prices," Review of International Economics, Wiley Blackwell, vol. 23(1), pages 45-61, February.
    16. Bettendorf, Leon J.H. & Heijdra, Ben J., 1999. "Intergenerational and international welfare leakages of a tariff in a small open economy," CCSO Working Papers 199910, University of Groningen, CCSO Centre for Economic Research.
    17. Lawrence J. White, 1985. "Resale Price Maintenance And The Problem Of Marginal And Inframarginal Customers," Contemporary Economic Policy, Western Economic Association International, vol. 3(3), pages 17-21, March.
    18. Ottaviano, Gianmarco & Thisse, Jacques-François, 1999. "Monopolistic Competition, Multiproduct Firms and Optimum Product Diversity," CEPR Discussion Papers 2151, C.E.P.R. Discussion Papers.
    19. Martin Gaynor, "undated". "What Do We Know About Competition and Quality in Health Care Markets?," GSIA Working Papers 2006-E62, Carnegie Mellon University, Tepper School of Business.
    20. Gancia, Gino & Zilibotti, Fabrizio, 2005. "Horizontal Innovation in the Theory of Growth and Development," Handbook of Economic Growth, in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 3, pages 111-170, Elsevier.

    More about this item

    Keywords

    Agricultural and Food Policy; Research and Development/Tech Change/Emerging Technologies;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aesc16:236354. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aesukea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.