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Scholars Journal of Economics, Business and Management | Volume-8 | Issue-10
Demand for Poultry Products and Consumer Preferences in the South Togo
Koffi Yovo, Kodjo. LAGNO
Published: Nov. 30, 2021 | 135 95
DOI: 10.36347/sjebm.2021.v08i10.004
Pages: 396-405
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Abstract
This study analyzes the determinants of consumer demand for poultry products, with an emphasis on the diversity of poultry products marketed in the south Togo. To achieve these objectives, the Quadratic Almost Ideal Demand System (QUAIDS) model was used and data were collected from 317 consumers in south Togo. The results highlight the fact that economic and socio-demographic factors significantly influence the budget share allocated to the consumption of poultry products. For the most poultry products, the demand is inelastic varying between -0.391 and -0.932. The income elasticity of demand shows that the table eggs (0.68) and the local poultry meat (0.92) are essentials goods while the broilers meat (1, 34) and the imported frozen carcasses (1, 55) appear as luxury goods. Moreover, the local poultry meat and the imported frozen products appear as substitute goods.