Volume 46, December 2015, Pages 79–91
Highlights
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- We assess the acceptance and WTP for two health-enhancing bakery products.
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- Participants are young Russians either in Moscow or Irkutsk.
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- Health-enhancing connotation of the products influences participants’ WTP positively.
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- Functional bread rolls appear more suitable to be connected with health-enhancing food.
Abstract
Our
study provides first empirical evidence on young Russian consumers’
attitudes towards novel functional bakery products. We employ two
different bakery products, namely bread rolls and biscuits, in our
experimental auctions. Both products are derived from purple wheat, an
old wheat variety that is naturally rich in anthocyanins (ACNs). ACNs
are assumed to possess anti-inflammatory, anti-cancer, anti-diabetic and
ocular-health-enhancing properties. Participants are 207 students aged
18–30 years from Moscow and Irkutsk. Our results indicate a low level of
knowledge about ACNs among participants. However, our results also show
that in the presence of information about the health-enhancing
characteristics most participants value these products over base
products. Our findings also reinforce the idea that the base product
matters. Purple wheat bread rolls were better accepted than purple wheat
biscuits. Moreover, our results also highlight that the information
strategy matters. Participants in our study exhibited a higher
willingness to pay for purple wheat biscuits under an old variety
information scenario in comparison to an anthocyanin information
scenario. Moreover, while our results indicate no significant difference
in the perception of the anthocyanin attribute between the two cities,
the perception of old grain variety products was slightly different. The
share of respondents considering old variety products as healthy was
significantly higher in Irkutsk, whereas the share of respondents
considering these products as exclusive was significantly higher in
Moscow. Thus, while planning future marketing strategies such
differences in underlying motives should be taken into account.
Keywords
- Experimental auctions;
- Russian consumers;
- Health-enhancing grain products;
- Anthocyanins;
- Old wheat variety
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