Europe Arak Market

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

1. Abi Raad Group Sarl

2. Kawar Arak

3. Lebanese Fine Wines

4. Haddad Distilleries

5. Eagle Distilleries

6. Chateau Ksara

7. Lebanese Arak Corporation

8. Domaine des Tourelles