TrendSights Analysis : Ethical Wellbeing Market Report is a 44 pages report that analyses the industry - Order report by calling ReportsnReports . com at + 1 888 391 5441 OR send an email on sales @ reportsandreports . com with Ethical Wellbeing Market in subject line and your contact details .
Synopsis
Ethical Wellbeing is related to the rise of consumption patterns that commit both consumers and brands to a higher level of responsibility regarding a set of values : social causes , environmental sustainability , animal welfare , fair trade , and health awareness . This trend addresses the need to feel good about consumption choices in everyday life .
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Summary-
Concepts such as " responsible consumption " and " conscience consumption " have become mainstream . Consumers are now monitoring brands ' practices and code of ethics , as many purchasing choices are now evaluated in terms of their consequences for health , the environment , and sustainability . As a response to this , brands are incorporating ethical patterns into the way they are doing business , instead of being solely focused on profit . For ethical shoppers , the act of consumption represents not only the satisfaction of a personal need but also the opportunity to positively contribute to a recognized social cause .
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Key Findings �
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Consumers are ready to take action towards the code of ethics being endorsed by today ' s brands : 19 % of global consumers completely agree that they will boycott a brand whose values do not reflect their own , and 44 % of shoppers completely / somewhat agree they will pay more for products that support a specific social cause or belief . Shoppers now have access to more accurate and transparent information regarding products ' impact on health and environment , allowing them to make better-informed shopping decisions . However , six in 10 consumers are skeptical about the ethical and environmental claims made by big grocery manufacturers .
� Women are slightly more likely to see ethical values as contributing to their wellbeing : 62 % of women are more or much more favorable to groceries with ethical / environmental credentials . This percentage is slightly lower for male shoppers at
TrendSights Analysis : Ethical Wellbeing Market