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Published Date: 2017-02-02Number of Pages: 141

Arak Market (Source - Obeidi or Merwah Grapes, Anise Seeds, and Powder; Distribution Channel - Supermarket, Travel Retail, Liquor Shop, and Bar/Pub) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Arak Market: Snapshot

The global arak market has been growing at a steady pace due to its rising popularity amongst the younger generation. The report states that the global market is likely to benefit from the adoption of arak as a key ingredient in a variety of cocktails in the coming years. Additionally, increasing production of arak and efforts put in by producers to preserve the ethnic drink are also expected to benefit the global market. Owing to these reasons, the global arak market is expected to be worth US$27.6 by 2024 end from US$20.8 bn in 2016. Between the forecast years of 2016 and 2024, the global market is projected to rise at a CAGR of 3.6%.

The research report states that the rise of bars, pubs, restaurants, and gourmet joints are expected to boost the growth of the global arak market in the coming years. The introduction of new brands and revival of this traditional drink with brilliant marketing strategies is expected to play an important role in the development of the overall market. Analysts predict that changing lifestyles, increasing disposable incomes, and emerging hospitality industry in countries such as Lebanon, Syria, Israel, and Palestine is also expected to make a significant contribution to the soaring profits of the global arak market. The launch of types of arak such as delicate premium green, premium red classic, and premium black are also anticipated to lure in a new consumer base.

arak market

Volatile Political Climate Increases Cost of Arak

The biggest challenge in the global arak market is the volatile political situation in Syria, which has considerably raised the prices of raw materials required for manufacturing arak. Thus, the high production costs have rendered higher selling prices, thereby creating a negative impact on the sales. The poor licensing policies and lack of regulatory norms governing the production of arak have also hampered the profits of arak market as it has allowed the production of homemade and unlabeled arak. Collectively, these factors are expected to restrain the global market in the coming years.

In terms of the distribution channel, the global arak market is segmented into the supermarket, travel retail, liquor shop, and bar or pub. Analysts have high hopes from supermarkets to drive the sales of arak across the globe. The wide reach of supermarkets, ability to provide a broader range of products, and bulk storage are anticipated to work in favor of this segment. As of 2015, the supermarket segment was worth US$13.0 bn. The report concludes, that this distribution channel will continue to dominate the global market in the coming years.

Middle East to Remain Key Consumer of Arak

In terms of geography, the global arak market is segmented into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The report indicates that the high demand for arak from the Middle Eastern countries is expected to keep this geographical segment at the forefront in the coming years. As of 2016, the Middle East and Africa held a share of 64.5% in the global market. Jordan, Syria, and Lebanon are expected to be the key consumers of arak in the near future.

The key players operating in the global arak market are Lebanese Arak Corporation, Abi Raad Group Sarl, Kawar Arak, Eagle Distilleries Co, Haddad Distilleries, Château Ksara, Lebanese Fine Wines Ltd., and Domaine des Tourelles. These players are expected to strengthen their partnerships to expand businesses. Furthermore, companies are also expected to focus on product innovation and launch of new flavors to appeal to the younger population in the coming years.

1. Arak Market - Executive Summary

2. Market Introduction
    2.1. Market Definition
    2.2. Market Taxonomy

3. Global Arak Market Analysis Scenario
    3.1. Market Size and Forecast 
          3.1.1. Market Size and Y-o-Y Growth
          3.1.2. Absolute $ Opportunity 
    3.2. Market Volume Analysis
          3.2.1. Regional Production Outlook
          3.2.2. Regional Consumption Outlook

4. Market Dynamics
    4.1. Macro-economic Factors
    4.2. Drivers 
          4.2.1. Supply Side
          4.2.2. Demand Side
    4.3. Restraints    
    4.4. Opportunity
    4.5. Forecast Factors – Relevance and Impact

5. Global Arak Market Analysis, By Source 
    5.1. Introduction
          5.1.1. Y-o-Y Growth Comparison, By Source
          5.1.2. Basis Point Share (BPS) Analysis, By Source
    5.2. Market Size and Forecast By Source
          5.2.1. Obeidi or Merwah grapes 
          5.2.2. Anise seed  
    5.3. Market Attractiveness Analysis, By Source
    5.4. Prominent Trends

6. Global Arak Market Analysis, By Distribution Channel 
    6.1. Introduction
          6.1.1. Y-o-Y Growth Comparison, By Distribution Channel
          6.1.2. Basis Point Share (BPS) Analysis, By Distribution Channel
    6.2. Market Size and Forecast By Distribution Channel
          6.2.1. Liquor Shops 
          6.2.2. Bar/Pub
          6.2.3. Travel Retail
          6.2.4. Supermarkets
    6.3. Market Attractiveness Analysis, By Distribution Channel
    6.4. Prominent Trends

7. Global Arak Market Analysis and Forecast, By Region 
    7.1. Introduction
          7.1.1. Basis Point Share (BPS) Analysis By Region
          7.1.2. Y-o-Y Growth Projections By Region
    7.2. Market Size and Forecast By Region
          7.2.1. North America 
          7.2.2. Latin America 
          7.2.3. Europe
          7.2.4. APAC
          7.2.5. Middle East & Africa 
    7.3. Market Attractiveness Analysis By Region 

8. North America Arak Market Analysis and Forecast
    8.1. Introduction
          8.1.1. Basis Point Share (BPS) Analysis By Country
          8.1.2. Y-o-Y Growth Projections By Country
    8.2. Market Size and Forecast By Country
          8.2.1. U.S.
          8.2.2. Canada
    8.3. Market Size and Forecast By Source 
          8.3.1. Obeidi or Merwah grapes 
          8.3.2. Anise seed  
    8.4. Market Size and Forecast By Distribution Channel 
          8.4.1. Liquor Shops 
          8.4.2. Bar/Pub
          8.4.3. Travel Retail
          8.4.4. Supermarkets
    8.5. Market Attractiveness Analysis
          8.5.1. By Country
          8.5.2. By Source 
          8.5.3. By Distribution Channel

9. Latin America Arak Market Analysis and Forecast
    9.1. Introduction
          9.1.1. Basis Point Share (BPS) Analysis By Country
          9.1.2. Y-o-Y Growth Projections By Country
    9.2. Market Size and Forecast By Country
          9.2.1. Brazil
          9.2.2. Mexico
          9.2.3. Rest of Latin America
    9.3. Market Size and Forecast By Source 
          9.3.1. Obeidi or Merwah grapes 
          9.3.2. Anise seed  
    9.4. Market Size and Forecast By Distribution Channel 
          9.4.1. Liquor Shops 
          9.4.2. Bar/Pub
          9.4.3. Travel Retail
          9.4.4. Supermarkets
    9.5. Market Attractiveness Analysis
          9.5.1. By Country
          9.5.2. By Source 
          9.5.3. By Distribution Channel

10. Europe Arak Market Analysis and Forecast
    10.1. Introduction
          10.1.1. Basis Point Share (BPS) Analysis By Country
          10.1.2. Y-o-Y Growth Projections By Country
    10.2. Market Size and Forecast By Country
          10.2.1. Germany
          10.2.2. France
          10.2.3. Italy
          10.2.4. Spain
          10.2.5. U.K.
          10.2.6. Nordic 
          10.2.7. Russia 
          10.2.8. Poland
          10.2.9. BENELUX
          10.2.10. Rest of Europe
    10.3. Market Size and Forecast By Source 
          10.3.1. Obeidi or Merwah grapes 
          10.3.2. Anise seed  
    10.4. Market Size and Forecast By Distribution Channel 
          10.4.1. Liquor Shops 
          10.4.2. Bar/Pub
          10.4.3. Travel Retail
          10.4.4. Supermarkets
    10.5. Market Attractiveness Analysis
          10.5.1. By Country
          10.5.2. By Source 
          10.5.3. By Distribution Channel

11. APAC Arak Market Analysis and Forecast
    11.1. Introduction
          11.1.1. Basis Point Share (BPS) Analysis By Country
          11.1.2. Y-o-Y Growth Projections By Country
    11.2. Market Size and Forecast By Country
          11.2.1. China
          11.2.2. India
          11.2.3. Japan
          11.2.4. ASEAN
          11.2.5. Australia & New Zealand
          11.2.6. Rest of APAC
    11.3. Market Size and Forecast By Source 
          11.3.1. Obeidi or Merwah grapes 
          11.3.2. Anise seed  
    11.4. Market Size and Forecast By Distribution Channel 
          11.4.1. Liquor Shops 
          11.4.2. Bar/Pub
          11.4.3. Travel Retail
          11.4.4. Supermarkets
    11.5. Market Attractiveness Analysis
          11.5.1. By Country
          11.5.2. By Source 
          11.5.3. By Distribution Channel 

12. Middle East & Africa Arak Market Analysis and Forecast
    12.1. Introduction
          12.1.1. Basis Point Share (BPS) Analysis By Country
          12.1.2. Y-o-Y Growth Projections By Country
    12.2. Market Size and Forecast By Country
          12.2.1. GCC
          12.2.2. Lebanon
          12.2.3. Syria
          12.2.4. Africa 
          12.2.5. Rest of MEA
    12.3. Market Size and Forecast By Source 
          12.3.1. Obeidi or Merwah grapes 
          12.3.2. Anise seed  
    12.4. Market Size and Forecast By Distribution Channel 
          12.4.1. Liquor Shops 
          12.4.2. Bar/Pub
          12.4.3. Travel Retail
          12.4.4. Supermarkets
    12.5. Market Attractiveness Analysis
          12.5.1. By Country
          12.5.2. By Source 
          12.5.3. By Distribution Channel 

13. Competition Landscape
    13.1. Competition Dashboard
    13.2. Company Profiles 
          13.2.1. Abi Raad Group Sarl 
                    13.2.1.1. Overview
                    13.2.1.2. Financials
                    13.2.1.3. Products
                    13.2.1.4. Strategy
                    13.2.1.5. Recent Developments
          13.2.2. Kawar Arak 
                    13.2.2.1. Overview
                    13.2.2.2. Financials
                    13.2.2.3. Products
                    13.2.2.4. Strategy
                    13.2.2.5. Recent Developments
          13.2.3. Lebanese Fine Wines 
                    13.2.3.1. Overview
                    13.2.3.2. Financials
                    13.2.3.3. Products
                    13.2.3.4. Strategy
                    13.2.3.5. Recent Developments
          13.2.4. Haddad Distilleries 
                    13.2.4.1. Overview
                    13.2.4.2. Financials
                    13.2.4.3. Products
                    13.2.4.4. Strategy
                    13.2.4.5. Recent Developments
          13.2.5. Eagle Distilleries Co 
                    13.2.5.1. Overview
                    13.2.5.2. Financials
                    13.2.5.3. Products
                    13.2.5.4. Strategy
                    13.2.5.5. Recent Developments
          13.2.6. Chateau Ksara
                    13.2.6.1. Overview
                    13.2.6.2. Financials
                    13.2.6.3. Products
                    13.2.6.4. Strategy
                    13.2.6.5. Recent Developments
          13.2.7. Lebanese Arak Corporation 
                    13.2.7.1. Overview
                    13.2.7.2. Financials
                    13.2.7.3. Products
                    13.2.7.4. Strategy
                    13.2.7.5. Recent Developments
          13.2.8. Domaine des Tourelles
                    13.2.8.1. Overview
                    13.2.8.2. Financials
                    13.2.8.3. Products
                    13.2.8.4. Strategy
                    13.2.8.5. Recent Developments

14. Assumptions and Acronyms used 

15. Research Methodology 

List of Figures

Figure 1 : Global Arak Market Value Forecast (US$ '000) 2015–2024
Figure 2 : Global Arak Market Absolute $ Opportunity (US$ '000), 2015—2024
Figure 3: Global Arak Market Y-o-Y Growth (%) by Source, 2016–2024
Figure 4: Global Arak Market Value (US$ '000) Share and BPS Analysis, by Source, 2016 & 2024
Figure 5: Global Arak Market Value (US$ '000), by Obeidi or Merwah Grapes Segment, 2015–2024
Figure 6: Global Arak Market Absolute $ Opportunity (US$ '000), by Obeidi or Merwah Grapes Segment, 2015–2024
Figure 7: Global Arak Market Value (US$ '000), by Anise Seeds Segment, 2015–2024
Figure 8: Global Arak Market Absolute $ Opportunity (US$ '000), by Anise Seeds Segment, 2015–2024
Figure 9: Global Arak Market Attractiveness Analysis, by Source, 2016–2024
Figure 10: Global Arak Market Y-o-Y Growth (%) by Distribution Channel, 2016–2024
Figure 11: Global Arak Market Value (US$ '000) Share and BPS Analysis, by Distribution Channel, 2016 & 2024
Figure 12: Global Arak Market Value (US$ '000), by Supermarket Segment, 2015–2024
Figure 13: Global Arak Market Absolute $ Opportunity (US$ '000), by Supermarket Segment, 2015–2024
Figure 14: Global Arak Market Value (US$ '000), by Liquor Shops Segment, 2015–2024
Figure 15: Global Arak Market Absolute $ Opportunity (US$ '000), by Liquor Shops Segment, 2015–2024
Figure 16: Global Arak Market Value (US$ '000), by Travel Retail Segment, 2015–2024
Figure 17: Global Arak Market Absolute $ Opportunity (US$ '000), by Travel Retail Segment, 2015–2024
Figure 18: Global Arak Market Value (US$ '000), by Bar/Pub Segment, 2015–2024
Figure 19: Global Arak Market Absolute $ Opportunity (US$ '000), by Bar/Pub Segment, 2015–2024
Figure 20: Global Arak Market Attractiveness Analysis, by Distribution Channel, 2016–2024
Figure 21: Global Arak Market Y-o-Y Growth, by Region, 2015–2024
Figure 22: Global Arak Market Value (US$ '000) Share and BPS Analysis, by Region, 2015 & 2024
Figure 23: Global Arak Market Attractiveness Analysis, by Region, 2016–2024
Figure 24: North America Arak Market Value Forecast (US$ '000) 2015–2024
Figure 25: North America Arak Market Absolute $ Opportunity (US$ '000), 2015—2024
Figure 26: North America Arak Market Y-o-Y Growth (%) by Source, 2016–2024
Figure 27: North America Arak Market Value (US$ '000) Share and BPS Analysis, by Source, 2016 & 2024
Figure 28: U.S. Arak Market Value (US$ '000), 2015–2024
Figure 29: U.S. Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 30: Canada Arak Market Value (US$ '000), 2015–2024
Figure 31: Canada Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 32: North America Arak Market Attractiveness Analysis, by Source, 2016–2024
Figure 33: North America Arak Market Attractiveness Analysis, by Distribution Channel, 2016–2024
Figure 34: North America Arak Market Attractiveness Analysis, by Country, 2016–2024
Figure 35: Latin America Arak Market Value Forecast (US$ '000) 2015–2024
Figure 36: Latin America Arak Market Absolute $ Opportunity (US$ '000), 2015—2024
Figure 37: Latin America Arak Market Y-o-Y Growth (%) by Source, 2016–2024
Figure 38: Latin America Arak Market Value (US$ '000) Share and BPS Analysis, by Source, 2016 & 2024
Figure 39: Brazil Arak Market Value (US$ '000), 2015–2024
Figure 40: Brazil Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 41: Mexico Arak Market Value (US$ '000), 2015–2024
Figure 42: Mexico Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 43: Rest of Latin America Arak Market Value (US$ '000), 2015–2024
Figure 44: Rest of Latin America Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 45: Latin America Arak Market Attractiveness Analysis, by Source, 2016–2024
Figure 46: Latin America Arak Market Attractiveness Analysis, by Distribution Channel, 2016–2024
Figure 47: Latin America Arak Market Attractiveness Analysis, by Country, 2016–2024
Figure 48: Europe Arak Market Value Forecast (US$ '000) 2015–2024
Figure 49: Europe Arak Market Absolute $ Opportunity (US$ '000), 2015—2024
Figure 50: Europe Arak Market Y-o-Y Growth (%) by Source, 2016–2024
Figure 51: Europe Arak Market Value (US$ '000) Share and BPS Analysis, by Source, 2016 & 2024
Figure 52: Germany Arak Market Value (US$ '000), 2015–2024
Figure 53: Germany Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 54: France Arak Market Value (US$ '000), 2015–2024
Figure 55: France Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 56: Italy Arak Market Value (US$ '000), 2015–2024
Figure 57: Italy Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 58: Spain Arak Market Value (US$ '000), 2015–2024
Figure 59: Spain Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 60: U.K. Arak Market Value (US$ '000), 2015–2024
Figure 61: U.K. Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 62: Nordic Arak Market Value (US$ '000), 2015–2024
Figure 63: Nordic Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 64: Russia Arak Market Value (US$ '000), 2015–2024
Figure 65: Russia Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 66: Poland Arak Market Value (US$ '000), 2015–2024
Figure 67: Poland Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 68: BENELUX Arak Market Value (US$ '000), 2015–2024
Figure 69: BENELUX Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 70: Rest of Europe Arak Market Value (US$ '000), 2015–2024
Figure 71: Rest of Europe Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 72: Europe Arak Market Attractiveness Analysis, by Source, 2016–2024
Figure 73: Europe Arak Market Attractiveness Analysis, by Distribution Channel, 2016–2024
Figure 74: Europe Arak Market Attractiveness Analysis, by Country, 2016–2024
Figure 75: APAC Arak Market Value Forecast (US$ '000) 2015–2024
Figure 76: APAC Arak Market Absolute $ Opportunity (US$ '000), 2015—2024
Figure 77: APAC Arak Market Y-o-Y Growth (%) by Source, 2016–2024
Figure 78: APAC Arak Market Value (US$ '000) Share and BPS Analysis, by Source, 2016 & 2024
Figure 79: China Arak Market Value (US$ '000), 2015–2024
Figure 80: China Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 81: India Arak Market Value (US$ '000), 2015–2024
Figure 82: India Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 83: Japan Arak Market Value (US$ '000), 2015–2024
Figure 84: Japan Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 85: ASEAN Arak Market Value (US$ '000), 2015–2024
Figure 86: ASEAN Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 87: Australia & New Zealand Arak Market Value (US$ '000), 2015–2024
Figure 88: Australia & New Zealand Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 89: Rest of APAC Arak Market Value (US$ '000), 2015–2024
Figure 90: Rest of APAC Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 91: APAC Arak Market Attractiveness Analysis, by Source, 2016–2024
Figure 92: APAC Arak Market Attractiveness Analysis, by Distribution Channel, 2016–2024
Figure 93: APAC Arak Market Attractiveness Analysis, by Country, 2016–2024
Figure 94: MEA Arak Market Value Forecast (US$ '000) 2015–2024
Figure 95: MEA Arak Market Absolute $ Opportunity (US$ '000), 2015—2024
Figure 96: MEA Arak Market Y-o-Y Growth (%) by Source, 2016–2024
Figure 97: MEA Arak Market Value (US$ '000) Share and BPS Analysis, by Source, 2016 & 2024
Figure 98: GCC Arak Market Value (US$ '000), 2015–2024
Figure 99: GCC Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 100: Lebanon Arak Market Value (US$ '000), 2015–2024
Figure 101: Lebanon Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 102: Syria Arak Market Value (US$ '000), 2015–2024
Figure 103: Syria Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 104: Africa Arak Market Value (US$ '000), 2015–2024
Figure 105: Africa Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 106: Rest of MEA Arak Market Value (US$ '000), 2015–2024
Figure 107: Rest of MEA Arak Market Absolute $ Opportunity (US$ '000), 2015–2024
Figure 108: MEA Arak Market Attractiveness Analysis, by Source, 2016–2024
Figure 109: MEA Arak Market Attractiveness Analysis, by Distribution Channel, 2016–2024
Figure 110: MEA Arak Market Attractiveness Analysis, by Country, 2016–2024

List of Tables

Table 1: Global Arak Market Value Forecast (US$ '000), by Source, 2016-2024
Table 2: Global Arak Market Value Forecast (US$ '000), by Distribution Channel, 2016-2024
Table 3: Global Arak Market Value Forecast (US$ '000), by Region, 2016-2024
Table 4: North America Arak Market Value Forecast (US$ '000), by Country, 2016-2024
Table 5: North America Arak Market Value Forecast (US$ '000), by Source, 2016-2024
Table 6: North America Arak Market Value Forecast (US$ '000), by Distribution Channel, 2016-2024
Table 7: Latin America Arak Market Value Forecast (US$ '000), by Country, 2016-2024
Table 8: Latin America Arak Market Value Forecast (US$ '000), by Source, 2016-2024
Table 9: Latin America Arak Market Value Forecast (US$ '000), by Distribution Channel, 2016-2024
Table 10: Europe Arak Market Value Forecast (US$ '000), by Country, 2016-2024
Table 11: Europe Arak Market Value Forecast (US$ '000), by Source, 2016-2024
Table 12: Europe Arak Market Value Forecast (US$ '000), by Distribution Channel, 2016-2024
Table 13: APAC Arak Market Value Forecast (US$ '000), by Country, 2016-2024
Table 14: APAC Arak Market Value Forecast (US$ '000), by Source, 2016-2024
Table 15: APAC Arak Market Value Forecast (US$ '000), by Distribution Channel, 2016-2024
Table 16: MEA Arak Market Value Forecast (US$ '000), by Country, 2016-2024
Table 17: MEA Arak Market Value Forecast (US$ '000), by Source, 2016-2024
Table 18: MEA Arak Market Value Forecast (US$ '000), by Distribution Channel, 2016-2024

Global Arak Market: Overview

Transparency Market Research (TMR) offers a 10-year forecast for the global arak market between 2016 and 2024. In terms of value, the market is expected to register a CAGR of 3.6% during the forecast period. The primary objective of the report is to offer key insights on the expected future growth of the global arak market. The study demonstrates market dynamics that are expected to influence the current environment and future status of the global arak market over the forecast period. The primary objective of this report is to offer updates on global arak market.

A section of the report discusses various factors that is driving the market. Revenue from sales of natural ingredients is forecasted to increase substantially in countries such as India, Lebanon, Israel, Syria and Palestine over the forecast period. While demand for natural ingredients is on the rise, consumption of arak is also expected to increase in Asia Pacific and MEA region.

Global Arak Market: Drivers

Increasing local demand for arak in various developed and developing countries are factors expected to drive growth of the global arak market over the forecast period. As a result of increasing demand for local arak in various Middle Eastern and Asia Pacific countries are creating opportunities for various players in the global arak market. Ever-rising demand for arak with natural ingredients is also expected to result in significantly high sales of arak market.

Global Arak Market: Segmentation

The report offers data regarding market share of the global arak market and the market is segmented on the basis of source type into obeidi or merwah grapes and anise seeds. The market is also segmented on the basis of distribution channels, which includes supermarket, liquor shops, travel retail and bar or pub. The report also highlights various trends in the global arak market. A section of the report highlights region-wise trends in the global arak market. It also provides a market outlook for 2016–2024, and sets the forecast within the context of the segment by source type, and distribution channel. This study discusses key regional trends contributing to growth of the global arak market, as well as analyses the degree to which drivers are influencing markets in each region. Key regions assessed in this report include North America, Europe, Asia Pacific, Latin America and Middle East & Africa.

Among the various source type segments, the obeidi or merwah grapes segment is expected to contribute significantly in terms of revenue to the global market, followed by the anise seeds segment respectively. The market is driven by increasing demand for arak made from natural ingredients, which is expected to fuel significant growth of the arak market during the forecast period. A detailed analysis has been provided for each segment in terms of region-wise market size analysis.

In addition, it is imperative to note that in an ever-fluctuating economy, we not only conduct forecasts in terms of CAGR, but also analyze on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities.

Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global arak market.

Key Players Mentioned in this Report are:

In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Detailed profiles of key players are also included in the scope of the report to evaluate their long-term and short-term strategies, recent developments, key brands and products offered. Key players in the global arak market covered in the report include Abi Raad Group Sarl, Kawar Arak, Haddad Distilleries, Eagle Distilleries Co, Lebanese Arak Corporation, Château Ksara, Domaine des Tourelles, and Lebanese Fine Wines Ltd.

Key Segments Covered

  • By Source Type
    • Obeidi or Merwah grapes
    • Anise seeds
    • Powder
       
  • By Distribution Channel
    • Supermarket
    • Travel Retail
    • Liquor Shop
    • Bar/Pub

Key Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America


 
 
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