Viable Market Opportunities for Organically Grown Aquatic Products

1 / 64
About This Presentation
Title:

Viable Market Opportunities for Organically Grown Aquatic Products

Description:

Restaurant Survey. Retailer Mail Survey. Scope of Project. Investigative Strategy. Seafood ... Greater Chicago (Illinois) Colorado Springs (Colorado) ... – PowerPoint PPT presentation

Number of Views:36
Avg rating:3.0/5.0

less

Transcript and Presenter's Notes

Title: Viable Market Opportunities for Organically Grown Aquatic Products


1
Viable Market Opportunities for Organically Grown
Aquatic Products
Identification and Evaluation of
LINDA J. ODIERNO JOSEPH J. MYERS
International Shrimp Culture Symposium Trade
Show
New Jersey Department of Agriculture
  • Organic Shrimp The Way of the Future

Fish Seafood Program Trenton, NJ USA
November 18, 2005 Panama City, Panama
2
Acknowledgments
  • Rutgers State University of New Jersey
  • Ramu Govindasamy
  • Sho Islam
  • Venkata Puduri
  • Brian Schilling
  • US Department of Agriculture
  • Federal State Market Improvement Program
  • Grant 12-25-G-0420

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
3
Overview
  • USDA Organic Standards for Seafood
  • Organic Aquaculture Marketing Study

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
4
Overview
  • USDA Organic Standards for Seafood
  • Organic Aquaculture Marketing Study

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
5
USDA Organic Standards for Seafood
OFPA of 1990
  • NOSB formed (15 members)
  • Aquatic Animal Task Force (Sep 2000)
  • Recommendations made May 2001
  • NEW Task Force on Standards for Aquatic Animals
  • Wild-Caught WG
  • Farm-Raised (NOAWG)
  • Shellfish Sub-Group

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
6
USDA Organic Standards for Seafood
Status of Standards
  • NOAWG completed Draft of Proposed Organic
    Standards for Farmed Aquatic Animals
  • May 2005
  • Submitted to USDA National Organic Program for
    Review

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
7
USDA Organic Standards for Seafood
Status of Standards Whats Next??
  • Review
  • Public Notice (Federal Register)
  • Public Comment
  • Final Rule
  • Adoption

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
8
USDA Organic Standards for Seafood
Status of Standards Whats Next??
  • About 3-4 years until

Seafood
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
9
Overview
  • USDA Organic Standards for Seafood
  • Organic Aquaculture Marketing Study

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
10
Impetus for Project
  • USDA CSREES (Dr. Gary Jensen)
  • Standards on the Way
  • Need Market Information

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
11
Advisory Committee
Variety of Geographic Regions Industry Sectors
  • NOAWG
  • National Organic Aquaculture Working Group
  • NFI
  • National Fisheries Institute
  • NASAC
  • National Association of State Aquaculture
    Coordinators

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
12
Advisory Committee
Function
  • Formulate Investigative Strategy
  • Continued Advisement Throughout the Project

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
13
Scope of Project
  • Consumer
  • Focus Groups
  • Telephone Survey
  • Marketplace
  • Analysis of Products Now in Market
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
14
Scope of Project
  • Consumer
  • Focus Groups
  • Telephone Survey
  • Marketplace
  • Analysis of Products Now in Market
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
15
Investigative Strategy
Drill-Down Approach
Information About
  • Seafood
  • Aquaculture
  • Organic Aquaculture

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
16
Investigative Strategy
Drill-Down Approach
  • Sets Scope of Survey
  • Collect Other Marketing Information
  • Seafood Health Safety
  • Consumption Advisories
  • C.O.O.L.
  • Aquaculture vs. Wild-Caught Perceptions
  • Purchase Patterns
  • General Organic Attitudes
  • Other Marketing Terms
  • Sustainable, Eco-Friendly, Natural, Pristine

Seafood Aquaculture Organic Aquaculture
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
17
Scope of Project
  • Consumer
  • Focus Groups
  • Telephone Survey
  • Marketplace
  • Analysis of Products Now in Market
  • Restaurant Survey
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
18
Investigative Strategy
  • FOUR Target Markets
  • Affluence
  • Coastal Proximity
  • Geography
  • Seafood Tradition
  • Budget and Logistics
  • TWO Market Levels

Seafood Aquaculture Organic Aquaculture
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
19
Target Markets
  • Boston Region (Massachusetts)
  • Central New Jersey
  • Greater Chicago (Illinois)
  • Colorado Springs (Colorado)

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
20
Target Markets
  • Boston Region (Massachusetts)
  • Central New Jersey
  • Greater Chicago (Illinois)
  • Colorado Springs (Colorado)





International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
21
Target Markets
  • Boston Region (Massachusetts)
  • Central New Jersey
  • Greater Chicago (Illinois)
  • Colorado Springs (Colorado)





International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
22
Target Markets

Boston Region

Central New Jersey


Greater Chicago

Colorado Springs
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
23
Target Markets

Boston Region

Central New Jersey


Greater Chicago

Colorado Springs
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
24
Target Markets

Boston Region

Central New Jersey


Greater Chicago

Colorado Springs
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
25
Target Markets

Boston Region

Central New Jersey


Greater Chicago

Colorado Springs
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
26
Target Markets
Boston Region

Greater Chicago


Central New Jersey

Colorado Springs
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
27
New Jersey
  • Upscale
  • Coastal
  • Strong Seafood Tradition


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
28
Boston
  • Blue-Collar
  • Coastal
  • Strong Seafood Tradition


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
29
Colorado Springs
  • Upscale
  • Landlocked
  • NO Seafood Tradition
  • Residents from other Areas


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
30
Chicago
  • Blue-Collar
  • Inland Market
  • Meat Potatoes Tradition
  • Some Seafood Tradition
  • GREAT LAKES
  • Shellfish Market


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
31
Market Levels
  • General Purchase Supermarket
  • Upscale, Health Food Supermarket

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
32
Target Markets
Target Eight Focus Groups
Boston Region

Greater Chicago


Central New Jersey

Colorado Springs
Conventional
Upscale
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
33
Target Markets
Goal Seven Focus Groups
Boston Region

Greater Chicago


Central New Jersey

Colorado Springs
Conventional
Upscale
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
34
Investigative Strategy
  • Recruitment of Participants
  • Large Supermarkets
  • Placard at Seafood Counter
  • Help from Seafood Manager
  • Compensation
  • Dinner
  • 20 Gift Card

Seafood Aquaculture Organic Aquaculture
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
35
Investigative Strategy
  • 4-15 Participants
  • Group
  • Scripted Questions
  • Group Discussion
  • Individuals
  • 4-page survey

Seafood Aquaculture Organic Aquaculture
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
36
Scope of Project
  • Consumer
  • Focus Groups
  • Telephone Survey
  • Marketplace
  • Analysis of Products Now in Market
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
37
Investigative Strategy
  • Four Target Markets
  • 200 Surveys in Each Target Market
  • Purchase decision on seafood

Seafood Aquaculture Organic Aquaculture
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
38
Target Markets
Boston Region
Greater Chicago
Central New Jersey
Colorado Springs
Seafood purchasers
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
39
Scope of Project
  • Consumer
  • Focus Groups
  • Telephone Survey
  • Marketplace
  • Analysis of Products Now in Market
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
40
Farmed Seafood Currently in the US Market
  • On-Line Literature Research
  • Current Retail Advertising
  • All supermarkets in that area
  • How they marketed the product
  • Price points
  • QUALITATIVE

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
41
Retailer Survey
  • Supermarkets Identified from
  • 2005 Blue Book of Supermarket Distribution
  • 257 surveys sent
  • 38 returned (14.8)

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
42
Results
  • Focus Groups
  • Telephone Survey
  • Analysis of Products in Marketplace
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
43
Results
  • Focus Groups
  • Telephone Survey
  • Analysis of Products in Marketplace
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
44
Focus Groups
Boston
  • Tradition and Enthusiasm
  • (even from Managers)
  • Tendency to Discount
  • media reports
  • Local fish market


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
45
Focus Groups
Chicago
  • Health Safety Concerns
  • Price Concerns


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
46
Focus Groups
Colorado Springs
  • Concern about how product
  • reaches inland market
  • Freshness
  • Want more variety


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
47
Focus Groups
New Jersey
  • Most Diverse Opinions
  • Two Income Professionals,
  • No Children
  • I Want It, I Buy It


International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
48
Focus Groups
  • Consumer attitude and purchase behavior Organic
    Foods.

Comparison Between Different Studies
Committed to buying as often as possible
Committed 5
Dont Know 4
Will buy occasionally
Fad 22
32
46
22
Semi-Committed 16
Non-Converts 52
NOT Convinced, Will NOT Buy
NJDA et.al 2005 (USA)
SEAFISH 2001 (UK)
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
49
Focus Groups
  • Consumer attitude and purchase behavior.

Committed to buying as often as possible
Will buy occasionally
20
32
52
46
28
22
ORGANIC FOODS
ORGANIC SEAFOOD
NOT Convinced, Will NOT Buy
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
50
Focus Groups
  • Term about seafood that conveys the highest
    quality.

All Natural 23
Organically Grown 24
Harvested from the Wild 53
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
51
Focus Groups
  • Term about seafood that conveys the highest
    quality.

Organically Farmed 12
Organically Aquacultured 34
Organically Grown 54
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
52
Focus Groups
  • Reasons for wanting to purchase organic seafood

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
53
Focus Groups
  • Reasons for NOT wanting to purchase organic
    seafood

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
54
Focus Groups
  • If available, would you purchase organic seafood?

NO 28
YES 72
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
55
Results
  • Focus Groups
  • Telephone Survey
  • Analysis of Products in Marketplace
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
56
Telephone Consumer Survey
  • Do you purchase seafood for home consumption?

NO 31
YES 69
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
57
Telephone Consumer Survey
  • Have you ever purchased aquacultured or
    farm-raised seafood?

DONT KNOW 15
YES 43
NO 42
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
58
Telephone Consumer Survey
  • What is the most important reason for consuming
    seafood?

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
59
Telephone Consumer Survey
  • Are you interested in purchasing organic seafood?

DONT KNOW 9
NO 24
YES 67
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
60
Telephone Consumer Survey
  • Would you trust an organic label for seafood?

DONT KNOW 9
NO 21
YES 70
International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
61
Results
  • Focus Groups
  • Telephone Survey
  • Analysis of Products in Marketplace
  • Retailer Mail Survey

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
62
Retailer Survey
  • Data Evaluation In-Progress
  • Many Salmon-Related Concerns
  • Majority believe that Organic Labeling IS
    Compatible.
  • Supply, Availability, Price, Size Issues

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
63
Deliverables
  • Consumer / Point-of-Sale Information
  • Booklet
  • Magazine Article(s)
  • Peer-Reviewed Journal Articles
  • Aquaculture/Seafood Marketing
  • Agricultural Economics
  • Consumer Econometrics
  • Website
  • www.jerseyseafood.nj.gov

International Shrimp Culture Symposium Trade
Show Organic Shrimp The Way of the Future
Nov. 18, 2005 - Panama City, Panama
64
Contact Information
  • New Jersey Department of Agriculture
  • Fish Seafood Program
  • PO Box 330
  • Trenton, New Jersey 08625-0330 USA
  • (609) 984-2502, (609) 633-7229
  • joseph.myers_at_ag.state.nj.us
  • www.jerseyseafood.nj.gov
Write a Comment
User Comments (0)