Consumer Willingness to Pay for Food Products Enriched with Brewers’ Spent Grain: A Discrete Choice Experiment
Abstract
:1. Introduction
2. Materials and Methods
2.1. Discrete Choice Experiment Design
2.1.1. Selection of Attributes and Levels
2.1.2. Experimental Design
2.1.3. Survey
2.2. Multinomial Logit (MNL) Model
2.3. Data Analysis
3. Results and Discussion
3.1. Sociodemographic Analysis
3.2. Estimated Parameters for Multinomial Logit Model (MNL)
3.2.1. BSG Enriched Bread
3.2.2. BSG Chocolate Dessert
3.3. Willingness to Pay for Different Attributes
4. Conclusions
Author Contributions
Funding
Institutional Review Board Statement
Informed Consent Statement
Data Availability Statement
Conflicts of Interest
References
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Attributes | Levels |
---|---|
BSG information and sustainability logo | No |
Yes | |
Brand | No brand |
Low cost | |
Premium | |
Price (UYU) | 125 |
139 | |
175 | |
229 |
Attributes | Levels |
---|---|
BSG information and sustainability logo | No |
Yes | |
Brand | No brand |
Low cost | |
Premium | |
Price (UYU) | 220 |
265 | |
300 | |
330 |
Sociodemographics | N = 402 | |
---|---|---|
Gender | ||
Female | 210 | 52% |
Male | 192 | 48% |
Prefer not to say | 0 | 0 |
Age | ||
18–25 | 70 | 17% |
26–35 | 58 | 14% |
36–45 | 54 | 13% |
46–55 | 79 | 20% |
56–65 | 58 | 14% |
66–75 | 49 | 12% |
76–85 | 34 | 8% |
Education | ||
Primary school | 3 | 1% |
Secondary/middle school | 106 | 26% |
High school/college | 141 | 35% |
University degree | 148 | 37% |
Others | 4 | 1% |
Employment | ||
Student | 54 | 13% |
Independent worker | 50 | 12% |
Private sector worker | 194 | 48% |
Public sector worker | 39 | 10% |
Retired | 40 | 10% |
Unemployed (seeking work) | 8 | 2% |
Not in paid employment | 4 | 1% |
Others | 13 | 3% |
Income | ||
<UYU 60,000 | 49 | 12% |
UYU 61,000 to 130,000 | 130 | 32% |
UYU 131,000 to 260,000 | 116 | 29% |
>UYU 261,000 | 48 | 12% |
Not declared | 59 | 15% |
Estimate | Lower 95% | Upper 95% | L-R ChiSquare | Marginal Utility | p Value | |
---|---|---|---|---|---|---|
Bsg and logo | 43.54 | <0.001 | ||||
No | −0.271 | −0.3531 | −0.1903 | −0.28 | ||
Yes | 0.271 * | 0.1904 | 0.3531 | 0.28 | ||
Brand | 115.58 | <0.001 | ||||
No | −0.3172 | −0.4199 | −0.2153 | −0.32 | ||
Low cost | −0.2395 | −0.3458 | −0.1342 | −0.24 | ||
Premium | 0.5567 * | 0.4199 | 0.2153 | 0.56 | ||
Price | −0.0109 | −0.0131 | −0.0088 | 100.97 | <0.001 | |
Opt-out | −1.2852 | −1.6428 | −0.9301 | 51.13 | <0.001 | |
* AIC | 4304.9 | |||||
* BIC | 4335.5 | |||||
−2 LogLikelihood | 4294.9 | |||||
−2 Firth LogLikelihood | 4255.9 |
Estimate | Lower 95% | Upper 95% | L-R ChiSquare | Marginal Utility | p Value | |
---|---|---|---|---|---|---|
Bsg and logo | 75.27 | <0.001 | ||||
No | −0.297 | 0.0345 | −0.3649 | −0.297 | ||
Yes | 0.297 * | 0.3649 | −0.0345 | 0.297 | ||
32.36 | <0.001 | |||||
No | −0.2929 | 0.0526 | −0.3965 | −0.292 | ||
Low cost | 0.1557 | 0.0473 | 0.0628 | 0.156 | ||
Premium | 0.1372 * | −0.0526 | 0.3965 | 0.137 | ||
Price | −0.0088 | 0.0008 | −0.0104 | 102.07 | <0.001 | |
Opt-out | −1.8367 | 0.24113 | −2.3101 | 58.83 | <0.001 | |
* AIC | 4884.11 | |||||
* BIC | 4915.37 | |||||
−2 LogLikelihood | 4874.10 | |||||
−2 FirthLogLikelihood | 4834.18 |
Attributes | Level | WTP (UYU) | Std. Error | Lower 95% (UYU) | Upper 95% (UYU) | Premium Rate (%) |
---|---|---|---|---|---|---|
BSG and logo | Yes | 174.39 | 0.32214 | 48.76 | 50.02 | 139.5 |
Brand | Low | 132.06 | 0.38798 | 6.30 | 7.82 | 105.6 |
Brand | Premium | 204.49 | 0.48268 | 78.55 | 80.44 | 163.6 |
Attributes | Level | WTP (UYU) | Std. Error | Lower 95% (UYU) | Upper 95% (UYU) | Premium Rate (%) |
---|---|---|---|---|---|---|
BSG and logo | Yes | 287.88 | 0.56514 | 66.78 | 68.99 | 130.5 |
Brand | Low | 271.25 | 0.6146 | 50.05 | 52.46 | 123.1 |
Brand | Premium | 269.13 | 0.58059 | 48.00 | 50.27 | 122.3 |
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Varghese, C.; Arcia, P.; Curutchet, A. Consumer Willingness to Pay for Food Products Enriched with Brewers’ Spent Grain: A Discrete Choice Experiment. Foods 2024, 13, 3590. https://doi.org/10.3390/foods13223590
Varghese C, Arcia P, Curutchet A. Consumer Willingness to Pay for Food Products Enriched with Brewers’ Spent Grain: A Discrete Choice Experiment. Foods. 2024; 13(22):3590. https://doi.org/10.3390/foods13223590
Chicago/Turabian StyleVarghese, Cinu, Patricia Arcia, and Ana Curutchet. 2024. "Consumer Willingness to Pay for Food Products Enriched with Brewers’ Spent Grain: A Discrete Choice Experiment" Foods 13, no. 22: 3590. https://doi.org/10.3390/foods13223590
APA StyleVarghese, C., Arcia, P., & Curutchet, A. (2024). Consumer Willingness to Pay for Food Products Enriched with Brewers’ Spent Grain: A Discrete Choice Experiment. Foods, 13(22), 3590. https://doi.org/10.3390/foods13223590