Study highlights benefits of geographical indication labelling

Food products registered with a Geographical Indication (GI) label boast an annual trade value of over $50 billion worldwide. Registration of a GI label follows the laws and regulations defined by each country. Internationally, the labels are regulated and protected under the TRIPs Agreement.
A recent study has found that origin-linked registration substantially increased the price of the final product, with an added value of between 20 and 50%. One reason is that consumers identify unique characteristics - such as taste, colour, texture and quality - in products with GI status, and as such they are willing to pay higher prices (News Item FAO, 26 April 2018).
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