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Increasing Awareness of Fairtrade Among US Consumers

09/08/2023
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Increasing Awareness of Fairtrade Among US Consumers

by Arvie I
09/08/2023
in Ethical Sourcing, Sustainability & Ethics

The latest report from Fairtrade America indicates a significant rise in consumer recognition of the Fairtrade label. The 2023 Fairtrade America Consumer Insights report highlights that 61% of Americans are now familiar with the Fairtrade certification, representing a 20% increase since 2021. This growth signifies the label’s expanding influence over the past four years.

Data derived from an online survey, which sampled opinions from 2,000 American consumers and 11,000 international consumers across 12 different countries, suggests a robust willingness among consumers to invest in ethically and sustainably sourced products, despite economic concerns such as the cost of living. These insights also underscore a consumer emphasis on transparency within supply chains.

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Fairtrade America’s executive director, Amanda Archila, commented on the evolving consumer behavior, noting the role of consumer purchasing power in driving sustainable change and the organization’s commitment to enhancing the US market for Fairtrade-certified goods.

The consumer trust in the Fairtrade mark is also on the rise, with 85% of US consumers indicating that a brand’s association with Fairtrade influences their perception positively. Moreover, the preference for retailers that offer Fairtrade-certified products is evident, with two-thirds of shoppers who recognize the label choosing these retailers over others.

Globally, the Fairtrade certification maintains its position as the most recognized ethical label, with a 71% recognition rate among consumers. In the category of Fairtrade-certified goods, coffee leads with a 48% recognition rate, with consumers indicating a willingness to pay up to 35% more for Fairtrade-certified coffee. Following close behind is Fairtrade chocolate, which has a visibility of 43% among consumers, who are inclined to pay a premium of up to 55% for Fairtrade-certified chocolate bars.

The report reflects a consumer demand for business growth that is both responsible and ensures equitable treatment of farmers and workers involved in producing popular goods like cocoa, coffee, and bananas. Archila adds a reaffirmation of this sentiment, emphasizing the clear demand from consumers for fairness and responsibility in trade.

Find the latest supply chain report news at The Supply Chain Report. For international trade tools, see ADAMftd.com.

#FairtradeAmerica #FairtradeLabel #EthicalConsumption #SustainableProducts #FairTradeCertified #ConsumerTrust #SupplyChainTransparency #Fairtrade2023 #EthicalShopping #SustainableChange #FairtradeCoffee #FairtradeChocolate #ConsciousConsumerism #ResponsibleBusiness #TransparencyInTrade

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