Consumer Trust: Perception and Satisfaction in Selected New Food Ventures

This quantitative study investigates the relationship between consumers’ perceptions, satisfaction, and trust in selected new food ventures. In a marketplace characterized by innovation, evolving food technologies, and increasing consumer awareness, establishing trust remains a critical challenge for emerging food businesses. The study aims to determine how perception and satisfaction influence trust toward food ventures operating for less than five years. Using a correlational research design, a validated questionnaire was distributed to 100 respondents through an online survey conducted between January and March 2025, achieving a 92% response rate. Data were analyzed using mean, standard deviation, and Spearman’s rank correlation through SPSS software. Findings revealed significant positive correlations between consumer perception, satisfaction, and trust, indicating that higher satisfaction and positive perception levels strengthen trust in emerging food ventures. The study highlights transparency, product quality, and ethical operations as pivotal in sustaining consumer trust and loyalty. These insights provide practical guidance for entrepreneurs and policymakers aiming to strengthen customer relationships and promote sustainable food business practices in the Philippines.

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Publication Details

Journal
RSF Conference Series Business Management and Social Sciences
Published
2025-10-14
DOI
https://doi.org/10.31098/bmss.v5i2.988
Primary Topic
Wine Industry and Tourism
Type
article
Field-Weighted Citation Impact
0.00
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article

Consumer Trust: Perception and Satisfaction in Selected New Food Ventures

RSF Conference Series Business Management and Social Sciences
Wine Industry and Tourism
article

Consumer Trust: Perception and Satisfaction in Selected New Food Ventures

article en

Abstract

This quantitative study investigates the relationship between consumers’ perceptions, satisfaction, and trust in selected new food ventures. In a marketplace characterized by innovation, evolving food technologies, and increasing consumer awareness, establishing trust remains a critical challenge for emerging food businesses. The study aims to determine how perception and satisfaction influence trust toward food ventures operating for less than five years. Using a correlational research design, a validated questionnaire was distributed to 100 respondents through an online survey conducted between January and March 2025, achieving a 92% response rate. Data were analyzed using mean, standard deviation, and Spearman’s rank correlation through SPSS software. Findings revealed significant positive correlations between consumer perception, satisfaction, and trust, indicating that higher satisfaction and positive perception levels strengthen trust in emerging food ventures. The study highlights transparency, product quality, and ethical operations as pivotal in sustaining consumer trust and loyalty. These insights provide practical guidance for entrepreneurs and policymakers aiming to strengthen customer relationships and promote sustainable food business practices in the Philippines.

RSF Conference Series Business Management and Social SciencesVol. 5(2)
Bulacan State University (PH), Polytechnic University of the Philippines (PH)
Openalex Percentile: Top 70%
Wine Industry and Tourism
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