Journal
MARINE RESOURCE ECONOMICS
Volume 34, Issue 3, Pages 247-266Publisher
UNIV CHICAGO PRESS
DOI: 10.1086/705235
Keywords
Ecolabel; animal welfare; organic; trout; information; consumer preference
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Funding
- Green Growth and Development program (GUDP) under the Danish Ministry of Food, Agriculture, and Fisheries [34009-13-0677]
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This article examines the effect of information on consumer preferences for farmed fish in the context of EU organic aquaculture production principles. A choice experiment was used to examine German consumers' preferences for farmed rainbow trout. Respondents were split into separate groups, each receiving different levels of information about organic aquaculture production. The results show that most consumers have positive preferences for organic labeled fish, translating into an average additional willingness to pay euro1.2/kg relative to nonorganic farmed trout. Informing consumers specifically about animal welfare consequences associated with the organic label significantly increases the likelihood of choosing the labeled product and increases the marginal willingness to pay euro2.4/kg for organic trout. No effect was found when providing additional information about environmental consequences. Hence, focusing on animal welfare when promoting organic aquaculture production is likely to resonate with consumers, thereby potentially increasing market shares and producer revenues.
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