Share on

North America Arak Market By Source Type (Anise Seeds And Obeidi Or Merwah Grapes), By Distribution Channel (Travel Retails, Supermarkets, Liquor Shop, Bar/Pub, Others) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts 2022 to 2027

Published: March, 2023
ID: 6717
Pages: 145
Formats: report pdf report excel report power bi report ppt

North America Arak Market Size, Share, Growth (2022-2027)

North America Arak Market was worth USD 7.14 billion in 2022 and is estimated to be growing at a CAGR of 3.9%, reaching USD 8.65 billion by 2027.

Overview

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.

North America Arak Market Drivers:

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 increasing trend of other alcoholic beverages are restricting the growth of the market.

North America Arak Market Segmentation:

based on

  • Source Type

  • Distribution Channel

Based on Source Type –

  • Obeidi

  • Merwah Grapes

  • Anise Seeds

Based on Distribution Channel –

  • Supermarkets

  • Travel Retails

  • Liquor Shop

  • Bar/Pub

Regional Analysis

  • United States of America

  • Canada

USA is dominating the market due to the increasing number of immigrants from Islamic countries and the increasing urban population. USA 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.

North America Arak Market Key Players

  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

Please wait. . . . Your request is being processed

Related Reports

Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2000

Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM

Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!

REACH OUT TO US

Call us on: +1 888 702 9696 (U.S Toll Free)

Write to us: [email protected]

Click for Request Sample