Abstract
The European Union is implementing new regulations regarding the provision of nutritional information on food products. A random utility model is used to evaluate European consumers' valuation of two general types of nutritional information: nutritional facts panel label and a nutritional claim (i.e., a "light" claim). Results suggest that although consumers value both types of nutritional information, nutritional facts panel label is valued more than a specific nutritional claim. Specifically, using a choice experimental approach, consumers' willingness to pay a premium is about twice as much more for a box of breakfast cookies with a nutrition label than for a box of breakfast cookies with a "light" nutritional claim. These findings have important implications for the European food industry and policy makers.
Original language | English |
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Pages (from-to) | 463-471 |
Number of pages | 9 |
Journal | Food Quality and Preference |
Volume | 20 |
Issue number | 7 |
DOIs | |
Publication status | Published - 2009 Oct |
Keywords
- Choice experiment
- Consumer preference
- Nutritional information
- Spain
ASJC Scopus subject areas
- Food Science
- Nutrition and Dietetics