Perception of Extra-Virgin Olive Oil Certifications: A Commodity Market Perspective
Perception of Extra-Virgin Olive Oil Certifications: A Commodity Market Perspective
Author(s): Lolita Liberatore, Nicola Casolani, Federica MurmuraSubject(s): Business Economy / Management, Agriculture, Energy and Environmental Studies
Published by: Икономически университет - Варна
Keywords: extra-virgin olive oil; organic food; PDO; traditional food; certification
Summary/Abstract: Nowadays Protected Denomination of Origin (PDO) and organic certifications constitute an effective form of differentiation and can represent an important cue that guide consumer’s Quality evaluation. This paper investigates, through K-means cluster analysis, consumer attitude toward these certifications in extra-virgin olive oil Italian market. The results showed three main clusters; the first includes PDO extra-virgin-olive oil (EVOO) consumers (27.2%), the second includes PDO and organic EVOO consumers (32.4%), while the third cluster comprises indifferent to certifications consumers (40.4%).
Journal: Izvestiya. Journal of Varna University of Economics
- Issue Year: 61/2017
- Issue No: 1
- Page Range: 077-082
- Page Count: 6
- Language: English