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SELECTIVE ANALYSIS OF CONSUMER ATTITUDES TOWARDS CHANGES IN THE PRICES OF ORGANIC PRODUCTS OFFERED ON THE BULGARIAN MARKET
Abstract
With the growing popularity of sustainable products and the expected increase in organic farming and supply of organic food products as part of the goals of The European Green Deal, it’s important to evaluate the popularity and demand for such products in Bulgaria. Understanding the consumer perspective on the affordability of organic products is important, as it directly influences purchasing intentions and can help predict the growth of the organic market. This study investigates consumer attitudes and perceptions regarding the pricing of organic products in the Bulgarian market via statistical analysis of a survey conducted on a targeted sample of Bulgarian consumers of various demographic backgrounds. The survey is divided into three distinct sections. The first section focuses on gathering demographic data from the participants. The second section delves into their present purchasing habits regarding organic products. Finally, the third section investigates participants’ attitudes regarding the consumption and pricing of organic products. This research contributes to the existing literature by providing empirical evidence and insights into the attitudes of Bulgarian consumers toward price changes in the organic product market, which can contribute to the broader understanding of consumer behaviour and the future development of the sustainable food market in Bulgaria. The study's findings hold significant practical implications for stakeholders within the organic food industry, including organic producers, retailers, policymakers, and others. Gaining insights into customers' perspectives can prove useful in addressing challenges associated with pricing and affordability in the organic food market.
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References10
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COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS ON AN ACTION PLAN FOR THE DEVELOPMENT OF ORGANIC PRODUCTION, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52021DC0141R%2801%29 (accessed 15/04/23)
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