THE MARKET FOR GENETICALLY MODIFIED FOODS: CONSUMER CHARACTERISTICS AND POLICY IMPLICATIONS

Conjoint analysis was used to explore consumer preferences for food products that are the product of genetically modified organisms (GMOs). The results of a cluster analysis indicated that consumers fell into three homogeneous groups based on their preference for a branded, low-priced, or GMO-free product. There were some differences between the segments based on the sociodemographic characteristics of age, education, and income. However, consumers in the segment that wished to avoid GMOs were most easily distinguished from consumers in the other two segments based on their high level of risk averseness and belief that GMOs do not positively affect the quality or safety of food products. Implications for food marketers and policymakers are discussed.


Issue Date:
2001
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/34457
Published in:
International Food and Agribusiness Management Review, Volume 04, Issue 4
Page range:
351-360
Total Pages:
10




 Record created 2017-04-01, last modified 2017-08-25

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