Arak is a clear, colourless, unsweetened anise-flavoured distilled alcoholic drink. Arak is the traditional alcoholic beverage in the Arab world, especially in the Levant/Mashriq and also in Iran and Turkey. Arak is usually mixed in proportions of approximately one third arak and two thirds water in a traditional Eastern Mediterranean water vessel called Abarik. Arak is commonly served with mezza, which may include dozens of small traditional dishes. In general, arak drinkers prefer to consume it this way, rather than alone. It is also consumed with barbecues, along with garlic sauce.
Arak Market was worth USD 22.32 billion in 2018 and estimated to be growing at a CAGR of 3.6%, to reach USD 26.64 billion by 2023. Arak is a Levantine alcoholic beverage in the anis drinks family.
Primary factors accounted for driving the market are increasing local demand for arak in various developed and developing countries, increasing trend of using arak as an ingredient in Cocktails, increasing disposable income, changing lifestyles. However, factors like strict regulations, health concerns due to long term use and increasing trend of other alcoholic beverages are restricting the growth of market.
The Global market for Arak is segmented based on Source Type and Distribution Channel. Based on Source Type – Obeidi or Merwah Grapes and Anise Seeds. Based on Distribution Channel – Supermarkets, Travel Retails, Liquor Shop, Bar/Pub and Others. Based on Geographical analysis the market is separated into regions of North America, Asia-Pacific, Europe, Latin America and Middle East and Africa. Middle East and Africa is dominating the market due to their religious obligation to consume the drink and presence of market leaders. Asia Pacific is expected to grow the fastest owing to its increasing disposable income and growing urban population. The Obeidi or merwah grape arak drink holds the major share in market while the anise seeds segment is expected to grow the fastest due to its increasing popularity. Based on distribution channel supermarkets hold the major share in the market while liquor shops segment is expected to grow the fastest.
Some of the key players dominating this market include Abi Raad Group Sarl, Kawar Arak, Lebanese Fine Wines, Haddad Distilleries, Eagle Distilleries, Chateau Ksara, Lebanese Arak Corporation and Domaine des Tourelles.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Source
5.1.1 Introduction
5.1.2 Obeidi or Merwah Grapes
5.1.3 Anise Seeds
5.1.4 Y-o-Y Growth Analysis, By Source
5.1.5 Market Attractiveness Analysis, By Source
5.1.6 Market Share Analysis, By Source
5.2 Distribution Channel
5.2.1 Introduction
5.2.2 Supermarkets
5.2.3 Travel Retails
5.2.4 Liquor Stores
5.2.5 Bar/Pub
5.2.6 Others
5.2.7 Y-o-Y Growth Analysis, By Distribution Channel
5.2.8 Market Attractiveness Analysis, By Distribution Channel
5.2.9 Market Share Analysis, By Distribution Channel
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Source
6.1.3.3 By Distribution Channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Source
6.1.4.3 By Distribution Channel
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Source
6.1.5.3 By Distribution Channel
6.2 North America
6.1.1 Introduction
6.1.2 United States
6.1.3 Canada
6.3 Europe
6.2.1 Introduction
6.2.2 U.K
6.2.3 Spain
6.2.4 Germany
6.2.5 Italy
6.2.6 France
6.4 Asia-Pacific
6.3.1 Introduction
6.3.2 China
6.3.3 India
6.3.4 Japan
6.3.5 Australia
6.3.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.5.1 Introduction
6.5.2 Middle-East
6.5.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Abi Raad Group Sarl
8.1.1 Overview
8.1.2 Source Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Kawar Arak
8.3 Lebanese Fine Wines
8.4 Haddad Distilleries
8.5 Eagle Distilleries
8.6 Chateau Ksara
8.7 Lebanese Arak Corporation
8.8 Domaine des Tourelles
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
