Europe Arak Market By Source Type (Obeidi Or Merwah Grapes And Anise Seeds), By Distribution Channel (Supermarkets, Travel Retails, Liquor Shop, Bar/Pub, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2022 to 2027)
Europe Arak Market Value and Growth Analysis:
Europe Arak Market was worth USD 5.36 billion in 2022 and is estimated to be growing at a CAGR of 3.67%, to reach USD 6.41 billion by 2027. Arak is a Levantine alcoholic beverage in the anis drinks family.
Europe Arak Market Overview:
Arak is a clear, colorless, unsweetened anise-flavored 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 Arik. 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. 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, and changing lifestyles. However, factors like strict regulations, health concerns due to long-term use, and the increasing trend of other alcoholic beverages are restricting the growth of the market.
Europe Arak Market Segmentation:
The Europe market for Arak is segmented based on
- Source Type
- Distribution Channel
Based on Source Type
- Merwah Grapes
- Anise Seeds
Based on Distribution Channel –
- Supermarkets
- Travel Retails
- Liquor Shop
- Bar/Pub
Europe Arak Market Geographical analysis
Based on Geographical analysis the market is separated into regions of
- U.K
- Germany
- France
- Italy
- Spain
U.K is dominating the market due to the growing Islamic population. Germany is expected to grow the fastest owing to its increasing disposable income and growing urban population. The Obeidi or Marwah grape arak drink holds the major share in the market while the anise seeds segment is expected to grow the fastest due to its increasing popularity. Based on distribution channels supermarkets hold the major share in the market while the liquor shops segment is expected to grow the fastest.
Europe Arak Market Key players:
Some of the key players dominating this market include
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Abi Raad Group Sarl
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Kawar Arak
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Lebanese Fine Wines
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Haddad Distilleries
-
Eagle Distilleries
-
Chateau Ksara
-
Lebanese Arak Corporation
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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 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
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
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Europe Arak Market By Source Type, From 2022 - 2027 ( USD Billion )
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Europe Obeidi or Merwah Grapes Market By Region, From 2022 - 2027 ( USD Billion )
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Europe Anise Seeds Market By Region, From 2022 - 2027 ( USD Billion )
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Europe Arak Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
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Europe Supermarkets Market By Region, From 2022 - 2027 ( USD Billion )
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Europe Travel Retails Market By Region, From 2022 - 2027 ( USD Billion )
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Europe Liquor Stores Market By Region, From 2022 - 2027 ( USD Billion )
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Europe Bar/Pub Market By Region, From 2022 - 2027 ( USD Billion )
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Europe Others Market By Region, From 2022 - 2027 ( USD Billion )
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U.K. Arak Market By Source Type, From 2022 - 2027 ( USD Billion )
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U.K. Arak Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
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Germany Arak Market By Source Type, From 2022 - 2027 ( USD Billion )
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Germany Arak Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
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France Arak Market By Source Type, From 2022 - 2027 ( USD Billion )
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France Arak Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
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Italy Arak Market By Source Type, From 2022 - 2027 ( USD Billion )
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Italy Arak Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
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Spain Arak Market By Source Type, From 2022 - 2027 ( USD Billion )
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Spain Arak Market By Distribution Channel, From 2022 - 2027 ( USD Billion )
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