Price Sensitivity and Customer Satisfaction in Organic and Ready-to-Eat Foods: An Empirical Study

The purpose of this research is to consider the impact of a price sensitivity as the level of satisfaction with ready-to-eat and organic meals among consumers. The degree of a product’s price setting on the consumers’ buying behavior is known as price sensitivity. This topic is relevant in the current market since while customers struggle with the ability to pay and at the same time attempt to gain value from what they are paying for, they are increasingly becoming more conscious of health, environmental, and convenience factors. The study is carried out by analyzing consumers’ behavior & preferences. This research also examines organic and ready-to-eat food's psychological and socio-economic impacts. The study reveals that when customers select food, they are compensated by convenience, flavor, and health factors. However, they are financially constrained in a way that prevents them from putting much effort into buying organic food. Thus, the study provides information for food marketers and policymakers interested in promoting sustainable and healthful food consumption.

Authors

Publication Details

Journal
Nanotechnology Perceptions
Published
2024-12-01
DOI
https://doi.org/10.62441/nano-ntp.vi.3830
Primary Topic
Innovation and Socioeconomic Development
Type
article
Field-Weighted Citation Impact
0.00
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
article

Price Sensitivity and Customer Satisfaction in Organic and Ready-to-Eat Foods: An Empirical Study

Rishikaysh Kaakandikar, Roshan Shirude, Vighanesh Suresh Pawle, Saurav Bhor et al.
Nanotechnology Perceptions
Innovation and Socioeconomic Development
article

Price Sensitivity and Customer Satisfaction in Organic and Ready-to-Eat Foods: An Empirical Study

Rishikaysh Kaakandikar, Roshan Shirude, Vighanesh Suresh Pawle, Saurav Bhor, Vaishnavi Udawant
article en

Abstract

The purpose of this research is to consider the impact of a price sensitivity as the level of satisfaction with ready-to-eat and organic meals among consumers. The degree of a product’s price setting on the consumers’ buying behavior is known as price sensitivity. This topic is relevant in the current market since while customers struggle with the ability to pay and at the same time attempt to gain value from what they are paying for, they are increasingly becoming more conscious of health, environmental, and convenience factors. The study is carried out by analyzing consumers’ behavior & preferences. This research also examines organic and ready-to-eat food's psychological and socio-economic impacts. The study reveals that when customers select food, they are compensated by convenience, flavor, and health factors. However, they are financially constrained in a way that prevents them from putting much effort into buying organic food. Thus, the study provides information for food marketers and policymakers interested in promoting sustainable and healthful food consumption.

Nanotechnology Perceptions
Zero hunger
Openalex Percentile: Top 57%
Innovation and Socioeconomic Development
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.