Research Highlights from

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Research Highlights from “An Evaluation of the Importance to Consumers of Selected Niche Pork Attributes.” R Parker & Associates, Inc. / Ashcraft Research, May 2005

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Research Highlights from “An Evaluation of the Importance to Consumers of Selected Niche Pork Attributes.”. R Parker & Associates, Inc. / Ashcraft Research, May 2005. Consumers indicate a willingness to pay a premium for niche pork. - PowerPoint PPT Presentation

Transcript of Research Highlights from

Page 1: Research Highlights from

Research Highlights from “An Evaluation of the Importance

to Consumers of Selected Niche Pork Attributes.”

R Parker & Associates, Inc. / Ashcraft Research, May 2005

Page 2: Research Highlights from

The market-share potentials for niche pork shown are achieved with pricing 40% above conventional pork.

Combining various niche pork attributes results in products with greater market-share opportunity.

The following bar graphs show the niche pork attribute combinations with the highest market-share potential.

Consumers indicate a willingness to pay a premium for niche pork.

The study shows potential market share of conventional pork and niche pork with various combinations of attributes valued by consumers.

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Niche pork that is pasture-raised without antibiotics, growth promotants, and animal by-products

Market share of conventional vs. niche pork combination

Consumers indicate a willingness to pay a premium for niche pork.

25.0 %75.0 %

22.5 %77.5 %

20.5 %79.5 %

Niche pork that is certified Berkshire and raised without antibiotics, growth promotants, and animal by-products

Market share of conventional vs. niche pork combination

Niche pork that is raised without antibiotics, growth promotants, andanimal by-products

Market share of conventional vs. niche pork combination

conventional pork niche pork combination as described at a 40% premium

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46% of consumers are “much more” or “somewhat more” likely to buy pork if it is locally grown

69% to 74% of consumers said they would “definitely”or “probably” buy locally grown meat in the future

Consumers also demonstrate a preference for locally grown pork.

Based on the research...

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Percentage of consumers “definitely” or “probably” planningto buy various niche meat products in the future

Consumers indicate strong interest inniche meat products.

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For further information contact:

Larry [email protected]

or go to nichepork.org