Middle East and Africa Arak Market was worth USD 2.46 billion in 2022 and is estimated to be growing at a CAGR of 2.88%, to reach USD xx billion by 2027.
Arak is a Levantine alcoholic beverage in the anis drinks family. 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.
The Middle East and Africa market for Arak is segmented
based on
Source Type
Distribution Channel.
Based on Source Type
Obeidi or Merwah Grapes
Anise Seeds
Based on Distribution Channel –
Supermarkets
Travel Retails
Liquor Shop
Bar/Pub
UAE
Israel
KSA
South Africa
Egypt
Based on Geographical analysis the market is separated into regions of Middle East and Africa. Middle East is dominating the market due to their religious obligation to consume the drink and presence of market leaders. The Middle East is also 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 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.
Abi Raad Group Sarl
Kawar Arak
Lebanese Fine Wines
Haddad Distilleries
Eagle Distilleries
Chateau Ksara
Lebanese Arak Corporation
Domaine des Tourelles
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]