IMARC Group’s report titled “Arak Market Report by Source (Grapes, Aniseed, and Others), Distribution Channels (Retail Stores, Bars and Pubs, Online Stores, and Others), and Region 2024-2032“. The global arak market size reached US$ 15.6 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.5 Billion by 2032, exhibiting a growth rate (CAGR) of 3.12% during 2024-2032.
Factors Affecting the Growth of the Arak Industry:
- Increased Global Interest:
The global interest in traditional and exotic alcoholic beverages is increasing due to consumers’ desire for unique and authentic drinking experiences. Additionally, arak, a traditional anise-flavored spirit popular in the Middle East is gaining traction for its distinctive production process and complex flavor profile. Moreover, arak is made from distilled grapes or dates and flavored with anise, which offers a rich, aromatic taste that stands out from more common spirits. As the global palate becomes more adventurous, consumers are seeking out beverages with unique cultural and historical backgrounds. Besides, the appeal of arak lies in its traditional craftsmanship and the cultural stories it represents, attracting those looking for novel and authentic beverage experiences. This growing curiosity about diverse alcoholic drinks is fueling interest in arak and similar spirits, expanding their appeal beyond their traditional markets.
- Expansion of Distribution Channels:
The expansion of distribution channels has significantly increased the accessibility of arak in regions outside its traditional markets. Additionally, several advances in global trade agreements and logistics have facilitated the movement of arak to new and diverse locations. Moreover, improved distribution networks, including specialty liquor stores and online retail platforms, have made it easier for consumers worldwide to access this unique spirit. Furthermore, online platforms are allowing consumers to purchase arak from international suppliers and have it shipped directly to their homes, bypassing geographical limitations. This increased availability helps the market reach a broader audience. Along with this, the expansion of distribution channels plays a crucial role in the global proliferation of arak, ensuring that it can be enjoyed by enthusiasts across the world.
- Growing Hospitality Industry:
The expansion of the global hospitality industry has led to a broader inclusion of diverse beverage options, including arak. As restaurants, bars, and hotels seek to cater to a wide range of tastes and preferences, they widely feature unique and exotic spirits on their menus. Arak’s distinctive flavor profile and cultural significance make it an attractive option for establishments aiming to offer a diverse and sophisticated drink selection. Moreover, the growing trend toward offering authentic and varied beverage experiences aligns with the increasing interest in global and traditional spirits. Besides this, hospitality venues are providing guests with a memorable and culturally enriched experience by incorporating arak into their offerings. This trend highlights the rising recognition of arak as a valuable addition to the global beverage market and reflects the broader expansion of the hospitality sector drink menus.
Leading Companies Operating in the Global Arak Industry:
- Chateau Ksara
- Dominae des Tourelles
- Haddad Distilleries
- Kawar Arak
- Lebanese Arak Corporation
- Lebanese Fine Wines
- LibanonWeine
- Zumot Distilleries
For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/arak-market/requestsample
Arak Market Report Segmentation:
Breakup by Source:
- Grapes
- Aniseed
- Others
Breakup by Distribution Channels:
- Retail Stores
- Bars and Pubs
- Online Stores
- Others
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Global Arak Market Trends:
Arak is gaining popularity beyond its traditional markets in the Middle East. It is becoming more popular in Western countries and other regions due to the increasing interest in diverse alcoholic beverages and exotic spirits. There is a rising demand for high-quality, craft, and premium versions of arak. Additionally, consumers are looking for artisanal products that offer a unique and authentic experience, leading to the emergence of small-scale producers and boutique brands. Some producers are focusing on healthier options, such as lower-alcohol versions or those made with organic ingredients which aligns with broader trends toward healthier lifestyle choices.
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