The latest report by IMARC Group, 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.

Arak is a traditional alcoholic drink that is culturally and historically significant in specific areas. It is commonly enjoyed in countries such as Lebanon, Syria, Jordan, and parts of the Mediterranean. This beverage is made by fermenting fruits like grapes or dates, then undergoing a double-distillation process to create a clear, colorless liquid with a high content, typically between 40% and 63% ABV. Having a long-standing heritage, Arak plays a vital role in social events, representing the spirit of local hospitality. It is often served with meals to complement different cuisines and enhance the dining experience. The preparation and consumption of Arak also hold cultural importance, with unique customs like diluting the drink with water to achieve its characteristic milky-white appearance.

Arak Market Trends and Drivers:

Arak has been an indispensable component of social and culinary traditions in regions such as the Middle East and the Mediterranean for centuries, and its cultural significance continues to fuel its popularity both locally and globally. The growing interest in unique and authentic spirits has also contributed to Arak's expanding consumer base, as discerning drinkers are drawn to its distinctive anise flavor, artisanal production methods, and the mesmerizing cloudy appearance it takes on when mixed with water. Additionally, Arak's versatility as a base spirit has made it a favorite among bartenders and cocktail enthusiasts worldwide, allowing for the creation of innovative and tantalizing cocktails that further broaden its appeal. Moreover, tourists visiting the Middle East and Mediterranean regions often seek out authentic cultural experiences, and trying local beverages like Arak is an integral part of their journey, introducing the spirit to new audiences and further cementing its place in the global market. The rising popularity of Arak as a tourist destination has fueled its growth as a sought-after travel experience. In response to the global trend of premiumization in the alcoholic beverage industry, artisanal and high-end Arak variants have emerged, catering to discerning consumers who appreciate unique and superior products. Arak manufacturers have also played a significant role in promoting their products through innovative marketing strategies, collaborations with influencers, and participation in international expos. The changing tastes and preferences of millennial and Gen Z consumers, who are interested in trying diverse and authentic alcoholic beverages, have further contributed to Arak's growing popularity. Additionally, government support and initiatives to promote local products and cultural heritage have created opportunities for Arak producers to expand their presence globally, facilitated by international trade agreements and export opportunities.

For an in-depth analysis, you can refer sample copy of the report: https://www.imarcgroup.com/arak-market/requestsample

Report Segmentation:

The report has segmented the market into the following categories:

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

Competitive Landscape with Key Player:

• Chateau Ksara
• Dominae des Tourelles
• Haddad Distilleries
• Kawar Arak
• Lebanese Arak Corporation
• Lebanese Fine Wines
• LibanonWeine
• Zumot Distilleries

Note: If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Other Related Reports Published by IMARC Group :

• Lymphoma Treatment Market
• Center Stack Display Market
• Multi-tenant Data Center Market
• Carbide Tool Market
• Golf Trolley Market
• Mobile Gaming Market

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

Contact Us:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No: +91 120 433 0800

United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163