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dc.contributor.supervisorRoderick, Stephen
dc.contributor.authorJones, Andrew
dc.contributor.otherFaculty of Science and Engineeringen_US
dc.date.accessioned2018-06-11T11:41:41Z
dc.date.available2018-06-11T11:41:41Z
dc.date.issued2018
dc.identifier10511072en_US
dc.identifier.urihttp://hdl.handle.net/10026.1/11637
dc.description.abstract

Industrial change over the past century has driven a decline in UK dairy farming. This study examines potential diversification within the sector through investigating consumer demand and the economic viability of ‘speciality’ milk products. The data for this study was collected from both consumers and producers in order to produce a model integrating both supply and demand economics. Information from consumers was collected via a questionnaire whereby dairy farming knowledge, opinion and willingness to pay (WTP) for speciality milk products was investigated. As economic or production data for speciality products is not readily available, this information was gathered through multiple case studies. A significant proportion of respondents claimed they would be willing to pay more for milk from all three speciality factors, with locally produced milk defined as the most important factor with the highest proportion of ‘yes’ responses and the highest WTP value. A regression analysis was used to predict willingness to pay from survey results and a significant regression equation was found using respondent estimates of both farmer milk sales share and average pint cost. An economic model was produced using both survey results and case study data in order to examine the economic viability of speciality products. The model suggests that the cost of reduced milk yield from rare breeds could be mitigated by consumer WTP, and that micro-dairies could be economically viable and substantially less susceptible to external fluctuations in costs than conventional farms. The results from this study support evidence from past studies on demand from local produce, provide insight into how new entrants into dairy farming could be encouraged through the use of micro-dairies and suggests a potential way of using rare breeds as added value milk producers which could improve their commercial viability.

en_US
dc.description.sponsorshipSeale Hayne Education Trusten_US
dc.language.isoen
dc.publisherUniversity of Plymouth
dc.subjectrare breedsen_US
dc.subjectconservationen_US
dc.subjectlocal produceen_US
dc.subjectprovenanceen_US
dc.subjectdairy marketingen_US
dc.subjectmicro dairyen_US
dc.subjectvalue addeden_US
dc.subject.classificationResMen_US
dc.titleConsumer willingness to pay and economic viability of speciality milk productsen_US
dc.typeThesis
plymouth.versionpublishableen_US
dc.rights.embargoperiodNo embargoen_US
dc.type.qualificationMastersen_US
rioxxterms.versionNA
plymouth.orcid_idhttps://orcid.org/0000-0002-1343-5092en_US


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