Yamoah, Fred (2023) Consumer perception and willingness to pay for packaged Asaana: a traditional drink in Ghana. British Food Journal , ISSN 0007-070X.
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Consumer Perception and Willingness to Pay for Packaged Accepted PDF_Proof.PDF - Author's Accepted Manuscript Download (634kB) | Preview |
Abstract
Purpose - In view of the increasing trend in food policies targeting the promotion of consumer interest in locally produced foods and growing developments in Willingness to Pay (WTP) methodologies, 8 we investigate consumer preference for packaged traditional drink Asaana. Design/methodology/approach – The study used a simple random sample of 336 consumers to draw on perception index and contingent valuation methods to evaluate consumers' perception of the attributes of packaged Asaana - a traditional maize-based beverage produced in Ghana (also known as Ghana Coca Cola). Tobit regression model was employed to analyse consumers’ willingness to pay for the product. Findings – Analysing the factors that influence consumers' WTP for packaged Asaana using Tobit regression model, the study established the existence of positive health and nutrition, economic benefits and purchasing decision making perceptions for Asaana. While the results further showed that consumers are willing to pay a premium for well packaged Asaana, demographics such as age, income level, labelling, price of the product and savings were found to exert significant influence on consumers’ WTP for packaged Asaana. Salient recommendations for food processors and relevant government agencies and food policy implications are identified. Research limitations/implications – Comprehending WTP provides valuable understanding regarding consumer qualms, actions, and willingness to pay for more secure traditional drinks. In addition, examination of how the different factors influence willingness to pay for local beverages help to boost local beverage production and guarantee employment. Practical implications – Analysing WTP data for traditional drinks reveals important implications for production, marketing, and public health policies. Certification systems for traditional beverages may be beneficial, and the findings can be used to create public awareness campaigns about the safety of local drinks. Originality/value – Assessing the WTP among Ghanaian consumers for traditional drinks, specifically Asaana is a ground breaking study. The contingent evaluation (CE) and Tobit regression approaches utilized in this research are strong and the results obtained can guide decisions related to traditional drink production, marketing, and the development of public health policies.
Metadata
Item Type: | Article |
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School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
Depositing User: | Fred Yamoah |
Date Deposited: | 30 Oct 2023 16:51 |
Last Modified: | 19 Jan 2024 01:25 |
URI: | https://eprints.bbk.ac.uk/id/eprint/52300 |
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