(2) Characteristics of Consumption in Korea
1) Analysis of decision factor on rice consumption.
Several characteristics influence on the consumption of Rice and korean food which are household income, housewife's time-cost, consumer's age, professional education and place of residence. Income elasticity of consuming Rice in 1982 was 0.24 but it declined to 0.16 in 2002 and this value is
food & beverage
□As an income level is being inclined, consumption for food expends as well.
□ Engel’s coefficient is diminishing with income upsurge but, absolute quantity of food expenditure is also growing steadily.
□ Trend of pursing high quality food, brand and costless goods from the big cities
□ Brand recognition spreads over
□ Recent food poisoning, unsanitary foo
그 어느 때 보다 다양해진 소비자들의 욕구, 시장에서의 불확실성 증가, 제품 차별화의 어려움 그리고 이로 인한 치열한 경쟁은 기업들로 하여금 생존과 성장을 위한 돌파구를 모색하게 하였다. 이에 마케팅 학자들은 문제에 대한 해결책으로서 기업들이 소비자에 대한 시각을 전환해야 한다고 주장 하
food and share each other’s food culture. On the other hand, there are detailed differences in eating habits exist among three countries as the geographical and resources differences. Also, the differences of economic conditions make the gap more evident. Therefore, with considering such a lot of conditions, we are going to investigate about the foodconsumption tendency of three countries.
The reason of increasing in processed food.
As household’s income increases, the relative price of time rises.
The relative price of time rises and households choose purchasing more processed food for saving time.
Increasing of income invokes increasing of processed food.