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Consumers' Preferences and Attitudes towards Plant-Based Milk
Wenfan Su1, Yu Yvette Zhang2, Songhan Li1
1School of Agricultural Economics and Rural Development, Renmin University of China, Beijing 100872, China.
Foods (Basel, Switzerland)
|January 11, 2024
Summary
Plant-based milk (PBM) appeals to consumers due to taste, nutrition, and eco-benefits. Environmental awareness and health consciousness significantly increase willingness to pay (WTP) for PBM.
Area of Science:
- Food Science
- Consumer Behavior
- Environmental Sustainability
Background:
- Plant-based milk (PBM) is gaining popularity driven by environmental, health, and taste factors.
- Understanding consumer preferences is crucial for PBM market growth and sustainable food systems.
Purpose of the Study:
- Identify key factors influencing consumer preferences and attitudes toward PBM.
- Examine how environmental awareness, health consciousness, and food neophobia affect willingness to pay (WTP) for PBM.
Main Methods:
- Utilized the double-bounded dichotomy choice (DBDC) method.
- Calculated consumers' willingness to pay (WTP) for plant-based milk.
Main Results:
- PBM appearance, taste, nutritional value, and environmental benefits positively impact WTP.
- High environmental awareness and health consciousness correlate with increased WTP for PBM.
- Purchase convenience is prioritized by health-conscious consumers, boosting PBM WTP.
Conclusions:
- Consumer WTP for PBM is driven by sensory attributes, perceived health benefits, and environmental advantages.
- Targeted marketing strategies can leverage environmental and health consciousness to promote PBM.
- Findings support the development of sustainable and healthy food systems through increased PBM adoption.
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