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Inflation in Orange Juice Prices and Consumer Responses

Authors :
Sungeun Yoon
Marisa Zansler
Lisa House
Source :
EDIS, Vol 2024, Iss 1 (2024)
Publication Year :
2024
Publisher :
The University of Florida George A. Smathers Libraries, 2024.

Abstract

This publication examines the recent inflation in orange juice prices and consumer responses using Nielsen scanner and Orange Juice tracker datasets. Orange juice prices experienced high inflation, peaking at 14.1% in January 2023, leading to decreased sales in both volume and dollars. Consumers are aware of the ongoing inflation in orange juice prices and reduced their orange juice purchases in quantity and frequency instead of discontinuing consumption altogether. Despite the significant barrier of high prices, the proportions of active orange juice consumers and those with a positive perception of orange juice remained steady and strong. Marketing efforts emphasizing the health benefits of orange juice continue to be crucial in sustaining consumer perception and demand.

Details

Language :
English, Spanish; Castilian, Haitian; Haitian Creole
ISSN :
25760009
Volume :
2024
Issue :
1
Database :
Directory of Open Access Journals
Journal :
EDIS
Publication Type :
Academic Journal
Accession number :
edsdoj.f7ae528fe8bb4e399516b4f6a4034ec3
Document Type :
article
Full Text :
https://doi.org/10.32473/edis-fe1142-2024