THE STRATEGY OF INCREASING PRODUCTION COMPETITIVENESS IN FOOD INDUSTRY OF THE REPUBLIC OF SRPSKA BY STIMULATING A NEW PRODUCT DEVELOPMENT

Authors

  • Slavica Grujić University of Banja Luka, Faculty of Technology, Banja Luka, Bosnia and Herzegovina https://orcid.org/0000-0002-7176-3449
  • Mirjana Grujčić University of Banja Luka, Faculty of Technology, Banja Luka, Bosnia and Herzegovina

DOI:

https://doi.org/10.7251/ACE2134067G

Keywords:

food industry, production competitiveness, new product development, healthy diet

Abstract

Food processing enterprises could ensure production competitiveness by improving product quality and harmonising it with consumer requirements. The noncommunicable diet-related diseases have been increasing rapidly among consumers in the last decade as well as the impact on people’s attitudes towards nutritional aspect of the quality of food products and healthier diet. The aim of this paper is to illustrate the methodology for increasing production competitiveness in food industry of the Republic of Srpska, based on consumer-oriented food product development and healthy diet. The structured questionnaire and scientific methods were used in young consumer representatives’ research regarding food product development in the target market. Exactly 720 participants were recruited from public educational institutions in the Republic of Srpska. The descriptive statistics and correlation were used for the data analysis. The results indicated positive statistically significant correlation coefficients (p<0.05) between consumer interest in new products and: healthy diet preferences; product ingredients; product higher nutritive value (vitamins, minerals, dietary fibres content); fruit, fruit juice and low-energy beverages consumption. Also, knowledge on diet-related diseases was in significant positive correlation with them. The data analysis revealed that an increase in production competitiveness could be assessed through developing food products based on nutritive elements, modelling and consumer interest in new food products with higher nutritive quality.

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Published

2021-06-30

How to Cite

Grujić, S., & Grujčić, M. . (2021). THE STRATEGY OF INCREASING PRODUCTION COMPETITIVENESS IN FOOD INDUSTRY OF THE REPUBLIC OF SRPSKA BY STIMULATING A NEW PRODUCT DEVELOPMENT. Acta Economica, 19(34), 67–84. https://doi.org/10.7251/ACE2134067G

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Section

Review article