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Title : Influx of counterfeit saffron is affecting the saffron market adversely
Author(s) :
Source : Find Market Research
Year : 2018
Link : https://www.findmarketresearch.org/2018/11/influx-of-counterfeit-saffron-is-affecting-the-saffron-market-adversely/
Country : United States of America
Commodity: AB-Wines, musts
Abstract: Spanning across the globe as one of the most essential ingredient in the world, saffron continues to gain surplus demand in both, developed and developing economies. Future Market Insights has recently published its report on the saffron market, specifically targeting countries such as the US, China, Iran, Belgium, Netherlands, Luxemburg, Germany, Italy, Spain, France and the UK. According to the report, more than US$ 360 Mn worth of saffron was consumed across these countries in 2016. The report further projects that saffron market for these targeted countries will grow steadily at 5.3% CAGR, bringing in an estimated US$ 617 Mn by the end of 2026. In the report, titled “Saffron Market: