Arak Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 1.8 Billion by 2030, growing at a CAGR of 6.0% from 2024 to 2030.
The Arak market has seen significant changes from 2018 to 2022, with shifts in consumer preferences, production methods, and regulatory changes affecting overall demand and supply. During this period, the Arak market witnessed a steady increase in demand, particularly from regions in the Middle East and parts of Europe. The growth was primarily driven by the rise in awareness of traditional beverages, an increasing trend in premium alcoholic beverages, and a broader inclination towards health-conscious consumption. As a result, the Arak market experienced strong market penetration, with a steady rise in both production and exports.
However, from 2023 to 2033, the demand for Arak is expected to undergo several changes, influenced by both macroeconomic factors and consumer trends. The growing interest in the global spirits market and evolving preferences for exotic and regional liquors will likely push Arak’s market demand upwards in the coming decade. There is expected to be an increase in demand for premium and craft Arak, driven by consumers' preference for artisanal and quality-focused beverages. The rise of eco-friendly production methods, as well as the growth of the hospitality industry, particularly in regions like the UAE, Qatar, and Saudi Arabia, will also contribute to market expansion.
The production techniques of Arak are expected to advance during this period as well. Distilleries are increasingly implementing modern technologies to enhance the purity and flavor profile of Arak, catering to the high demand for premium versions of the drink. Additionally, there has been a shift towards sustainable practices in distillation, with companies prioritizing renewable energy sources and reduced environmental impact.
For the Arak market, the future looks promising as long as it adapts to consumer preferences and keeps pace with technological advancements. The market is likely to see growth in both traditional markets and new regions, particularly as awareness of Arak’s unique cultural significance continues to spread worldwide. However, challenges such as competition from other spirits, price fluctuations in production costs, and regulatory issues could pose hurdles in maintaining consistent growth.
Get an In-Depth Research Analysis of the Global Arak Market Size And Forecast [2025-2032]
Lebanese Arak Corporation
Abi Raad Group Sarl
Kawar Arak
Eagle Distilleries
Haddad Distilleries
Lebanese Fine Wines
Domaine des Tourelles
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Arak Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Arak Market
Supermarket
Travel Retail
Liquor Shop
Bar/Pub
Based on Types the Market is categorized into Below types that held the largest Arak market share In 2023.
Obeidi or Merwah Grapes
Anise Seeds
Powder
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Arak Market Research Analysis
1. Introduction of the Global Arak Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Arak Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Arak Market, By Type
6. Global Arak Market, By Application
7. Global Arak Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Arak Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/