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Extra‐virgin olive oil: are consumers provided with the sensory quality they want? A hedonic price model with sensory attributes
Author(s) -
Cavallo Carla,
Caracciolo Francesco,
Cicia Gianni,
Del Giudice Teresa
Publication year - 2017
Publication title -
journal of the science of food and agriculture
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.782
H-Index - 142
eISSN - 1097-0010
pISSN - 0022-5142
DOI - 10.1002/jsfa.8633
Subject(s) - sensory system , quality (philosophy) , olive oil , product (mathematics) , terroir , business , marketing , food science , psychology , chemistry , cognitive psychology , mathematics , philosophy , geometry , epistemology , wine
BACKGROUND Over the years, niche‐differentiation strategies and food policies have pushed quality standards of European extra‐virgin olive oil towards a product that has a sensory profile consisting of fruity, bitter and pungent notes, with such oils having excellent healthy features. However, it is unclear whether typical consumers are ready for a richer and more complex sensory profile than the neutral one historically found on the market. This potential discrepancy is investigated in the present study aiiming to determine whether current demand is able to appreciate this path of quality enhancement. Implicit prices for each and every attribute of extra‐virgin olive oil with a focus on sensory characteristics were investigated using a hedonic price model. RESULTS Although confirming the importance of origin and terroir for extra‐virgin olive oil, the results of the present study strongly confirm the discrepancy between what is currently valued on the market and what novel supply trends are trying to achieve in terms of the sensory properties of such products. CONCLUSION Increasing consumer awareness about the direct link between the health quality of oils and their sensory profile appears to be necessary to make quality enhancement programs more successful on the market and hence more effective for companies. © 2017 Society of Chemical Industry