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Global Arak Market by Raw Material (Aniseed, Dates, Dried Flowers, Herbs and Fruits), Alcohol Content (31% to 45%, 46% to 70%, Above 70%), Distribution Channel - Forecast 2023-2030

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    Report

  • 194 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5896390
UP TO OFF until Dec 31st 2024
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The Arak Market size was estimated at USD 1.05 billion in 2022, USD 1.09 billion in 2023, and is expected to grow at a CAGR of 4.30% to reach USD 1.47 billion by 2030.

Arak is an alcoholic beverage traditionally made in the Middle East, particularly in countries such as Lebanon, Syria, Iran, and Iraq. It is a clear, unsweetened, distilled spirit that is usually derived from dates, grapes, or other fruits. Arak is typically distilled twice and then infused with aniseed for flavor and is mostly enjoyed by people throughout the region on special occasions and has several health benefits owing to its natural ingredients. The arak is experiencing a surge in popularity, with a growing interest in traditional and craft beverages. Consumers increasingly seek unique and culturally significant drinks, leading to a rise in the demand for arak. Additionally, the international trade activities surrounding arak have expanded, facilitating its distribution and accessibility in global markets. This increased trade has allowed arak to reach a broader audience and cater to the growing interest in Middle Eastern alcoholic beverages. Furthermore, new production technologies bring advancements to the traditional manufacturing process to enhance the production efficiency and quality of arak, leading to improved products for consumers. Simultaneously, there is a growing emphasis on brand building within the arak as producers diversify their offerings by incorporating new flavors and ingredients into arak and focusing on brand building. Moreover, the Arak market is facing challenges due to the fluctuating cost of raw materials and the easy availability of substitute products. Arak producers need to carefully navigate these factors by managing costs effectively and implementing strategies to differentiate arak from other alcohol spirits and emphasize its unique qualities to maintain consumer preference and its easy availability.

Regional Insights

The Arak market in the Americas is a niche, driven by Middle Eastern communities. The U.S., Canada, and Mexico have a presence of Iranian, Lebanese, and Syrian communities showing interest in arak. Arak brands such as Razzouk and Gantous & Abou Raad are preferred, although limited branding and awareness hinder market penetration. Furthermore, in the APAC, there is a growing interest in arak and Middle Eastern alcoholic beverages among certain communities and establishments in the region. Australia has witnessed a rise in the availability and consumption of arak, particularly in cities with diverse culinary scenes and a growing interest in international spirits. However, in cosmopolitan cities with diverse populations and culinary scenes, such as Singapore, Hong Kong, and Dubai, it is possible to find arak in specialty liquor stores or establishments that cater to international spirits. Moreover, the geographic landscape of arak in the EMEA region is diverse, with significant variations in arak production, consumption, and availability across different countries. It is deeply rooted in the Middle Eastern drinking culture and is primarily consumed in countries such as Lebanon, Syria, Iran, and Iraq. Countries such as Germany, France, and the United Kingdom have also witnessed a growing demand for arak, often driven by consumers exploring unique spirits from around the world. The availability and consumption of arak in different countries within the EMEA region can vary, and it is often influenced by factors such as cultural ties, diaspora communities, and international trade.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Arak Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Arak Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Arak Market, highlighting leading vendors and their innovative profiles. These include Arak Fakra, Bandesh Wine & Spirits, Chateau Ksara, Domaine des Tourelles, Domaine Wardy, Eagle Distilleries, Evaton Inc., Haddad Distilleries, Iberian Coppers Lda, Karam Wines, Kawar, LAC Products, Lebanese Fine Wines Ltd., Massaya, Miami Arak, Muaddi Craft Distillery, Ltd., RIACHI, Victor Kosher Wine, VOS Selections, and Zumot.

Market Segmentation & Coverage

This research report categorizes the Arak Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Raw Material
    • Aniseed
    • Dates
    • Dried Flowers, Herbs and Fruits
    • Grapes
  • Alcohol Content
    • 31% to 45%
    • 46% to 70%
    • Above 70%
    • Less than 30%
  • Distribution Channel
    • Distilleries
    • Duty-free Stores
    • Liquor Stores
    • Online Retailers
    • Restaurants & Bars
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Arak Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Arak Market?
  3. What are the technology trends and regulatory frameworks in the Arak Market?
  4. What is the market share of the leading vendors in the Arak Market?
  5. Which modes and strategic moves are suitable for entering the Arak Market?

With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Arak Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Growing popularity of traditional and craft beverages
5.1.1.2. Increasing international trade activities of arak
5.1.2. Restraints
5.1.2.1. Fluctuating cost of raw materials used in arak
5.1.3. Opportunities
5.1.3.1. Addition of new flavors and ingredients in arak
5.1.3.2. Emerging focus on brand building and packaging of arak
5.1.4. Challenges
5.1.4.1. Easy availability and preference for substitute products
5.2. Market Segmentation Analysis
5.2.1. Raw Material: Growing use of aniseed for flavor development
5.2.2. Alcohol Content: Significant popularity of Arak with alcohol content 31%-45% and 46%-70% due to rich flavor profiles and cultural significance
5.2.3. Distribution Channel: wider availability of arak from restaurants & bars
5.3. Market Trend Analysis
5.3.1. Affinity toward Middle Eastern native drinks in the Americas
5.3.2. Growing popularity of culinary applications in Southeast Asian countries
5.3.3. Increasing popularity of arak in Eastern Mediterranean countries
5.4. Cumulative Impact of COVID-19
5.5. Cumulative Impact of Russia-Ukraine Conflict
5.6. Cumulative Impact of High Inflation
5.7. Porter’s Five Forces Analysis
5.7.1. Threat of New Entrants
5.7.2. Threat of Substitutes
5.7.3. Bargaining Power of Customers
5.7.4. Bargaining Power of Suppliers
5.7.5. Industry Rivalry
5.8. Value Chain & Critical Path Analysis
5.9. Regulatory Framework
6. Arak Market, by Raw Material
6.1. Introduction
6.2. Aniseed
6.3. Dates
6.4. Dried Flowers, Herbs and Fruits
6.5. Grapes
7. Arak Market, by Alcohol Content
7.1. Introduction
7.2. 31% to 45%
7.3. 46% to 70%
7.4. Above 70%
7.5. Less than 30%
8. Arak Market, by Distribution Channel
8.1. Introduction
8.2. Distilleries
8.3. Duty-free Stores
8.4. Liquor Stores
8.5. Online Retailers
8.6. Restaurants & Bars
9. Americas Arak Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Arak Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Arak Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Agreement, Collaboration, & Partnership
12.3.1.1. Four Pillars and QT Hotels Have Teamed Up on a Limited-Edition Wild Fennel, Sage and Vetiver Gin
12.3.1.2. Bacardi serves up new Bombay Sapphire Premier Cru GTR exclusive
12.3.2. New Product Launch & Enhancement
12.3.2.1. Devil’s Botany launches Absinthe Regalis
12.3.2.2. Reinventing the World’s Oldest Spirit for the Modern Drinker
12.3.2.3. Absinthia Verte Launched Absinthia’s Bottled Spirits
12.3.3. Investment & Funding
12.3.3.1. Bushmills opens GBP 37m Causeway Distillery
12.3.4. Award, Recognition, & Expansion
12.3.4.1. Wild Turkey to open USD 161m distillery
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. Arak Fakra
13.1.2. Bandesh Wine & Spirits
13.1.3. Chateau Ksara
13.1.4. Domaine des Tourelles
13.1.5. Domaine Wardy
13.1.6. Eagle Distilleries
13.1.7. Evaton Inc.
13.1.8. Haddad Distilleries
13.1.9. Iberian Coppers Lda
13.1.10. Karam Wines
13.1.11. Kawar
13.1.12. LAC Products
13.1.13. Lebanese Fine Wines Ltd.
13.1.14. Massaya
13.1.15. Miami Arak
13.1.16. Muaddi Craft Distillery, Ltd.
13.1.17. RIACHI
13.1.18. Victor Kosher Wine
13.1.19. VOS Selections
13.1.20. Zumot
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
List of Figures
FIGURE 1. ARAK MARKET RESEARCH PROCESS
FIGURE 2. ARAK MARKET SIZE, 2022 VS 2030
FIGURE 3. ARAK MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ARAK MARKET SIZE, BY REGION, 2022 VS 2030 (%)
FIGURE 5. ARAK MARKET SIZE, BY REGION, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 6. ARAK MARKET DYNAMICS
FIGURE 7. ARAK MARKET SIZE, BY RAW MATERIAL, 2022 VS 2030 (%)
FIGURE 8. ARAK MARKET SIZE, BY RAW MATERIAL, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 9. ARAK MARKET SIZE, BY ALCOHOL CONTENT, 2022 VS 2030 (%)
FIGURE 10. ARAK MARKET SIZE, BY ALCOHOL CONTENT, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 11. ARAK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2022 VS 2030 (%)
FIGURE 12. ARAK MARKET SIZE, BY DISTRIBUTION CHANNEL, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS ARAK MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 14. AMERICAS ARAK MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES ARAK MARKET SIZE, BY STATE, 2022 VS 2030 (%)
FIGURE 16. UNITED STATES ARAK MARKET SIZE, BY STATE, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC ARAK MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC ARAK MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ARAK MARKET SIZE, BY COUNTRY, 2022 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ARAK MARKET SIZE, BY COUNTRY, 2022 VS 2023 VS 2030 (USD MILLION)
FIGURE 21. ARAK MARKET, FPNV POSITIONING MATRIX, 2022
FIGURE 22. ARAK MARKET SHARE, BY KEY PLAYER, 2022

Companies Mentioned

  • Arak Fakra
  • Bandesh Wine & Spirits
  • Chateau Ksara
  • Domaine des Tourelles
  • Domaine Wardy
  • Eagle Distilleries
  • Evaton Inc.
  • Haddad Distilleries
  • Iberian Coppers Lda
  • Karam Wines
  • Kawar
  • LAC Products
  • Lebanese Fine Wines Ltd.
  • Massaya
  • Miami Arak
  • Muaddi Craft Distillery, Ltd.
  • RIACHI
  • Victor Kosher Wine
  • VOS Selections
  • Zumot

Methodology

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Table Information