Characteristics of market for natural beef in Colorado and northern New Mexico
Date
2002-03
Authors
Grannis, Jennifer, author
Thilmany, Dawn D., author
Sparling, Ed, author
McKenzie, John, author
Department of Agricultural and Resource Economics, Colorado State University, publisher
Journal Title
Journal ISSN
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Abstract
The objective of this study is to identify those consumers with the highest willingness to pay and identify which properties of ‘natural meats’ are most important to these consumers. Findings show that consumers are willing to pay a higher percentage premium for natural ground beef than for natural beefsteak. We also categorize respondents using the estimated likelihood of paying a premium for natural beef to compare and contrast how several variables differ among potential customers Several demographics (age and income), as well as shopping behavior and types of meat purchased, are significantly associated with those willing to buy at a premium.
Description
March 2002.
Rights Access
Subject
Natural beef -- Colorado
Natural beef -- New Mexico
Marketing research -- Colorado
Marketing research -- New Mexico