Organic foods are popular around the world, with some consumer segments willing to pay price premiums. This study determined the price differential of a shopping basket of organic versus conventional vegetarian foods using an observation of retail prices across 13 conventional retailers in a regional area of Australia. The organic basket had a 60% price premium, with premiums varying widely by retailer. The higher premiums for fruits, vegetables, and grains relative to dairy and sugar may be due to higher costs of marketing channel logistics.
|Number of pages||17|
|Journal||Journal of Food Distribution Research|
|Publication status||Published - Nov 2021|