Analysis of food consumption expenditure patterns for developing sustainable business practices

Title

Analysis of food consumption expenditure patterns for developing sustainable business practices

Creator

Gopurathingal A.G.; Karakunnel J.J.

Description

Food consumption patterns are said to be near ideal variable since it is one of the most important commodities that ensure human survival. The patterns within the consumption as well as between different types of food items to different levels of consumption varies with respect to the macroeconomic conditions. The consumption expenditure for cereals, pulses and pulse products, edible oil, milk and milk products, meat, fish and egg, vegetables and fruits, shows an increasing trend in India and in Karnataka. The income elasticity for all food categories are lesser in urban sectors of Karnataka than the rural sector which indicates that the income of the rural households is lesser and the increase in income is also lesser compared to that of the Urban-Karnataka. The business enterprises can aim at sustainable consumption practices through the pricing strategies, product design and distribution channels. 2021 Ecological Society of India. All rights reserved.

Source

Indian Journal of Ecology, Vol-48, pp. 23-28.

Date

2021-01-01

Publisher

Ecological Society of India

Subject

Food consumption expenditure; Income elasticity; Per-capita expenditure; Product diversification; Sustainable business practices

Coverage

Gopurathingal A.G., Department of Economics, Christ (Deemed to be University), Bengaluru, 560 029, India; Karakunnel J.J., Department of Economics, Christ (Deemed to be University), Bengaluru, 560 029, India

Rights

Restricted Access

Relation

ISSN: 3045250

Format

Online

Language

English

Type

Article

Identifier

https://www.scopus.com/inward/record.uri?eid=2-s2.0-85113783074&partnerID=40&md5=57d9c10a2a77f96766ea70e7ce01799a