Arak refers to a distilled alcoholic drink primarily consumed in the middle east. The drink is popular for its potency and the transparent milky-white color it transforms when water is added. It is commonly consumed in social environments and celebrations. Since arak has high alcohol content, it is almost always diluted with water and ice. Grapes and aniseed, which are the seeds of the anise plant, are the two primary ingredients in arak. With the increasing drink of drinking alcoholic products in the world with the trend of consuming new and innovative products; the demand for arak is increasing.This growth is primarily driven by Growing Consumption of Alcoholic Drinks and Increasing Tourism in Middle Eastern or Other Asian Countries.
Globally, a noticeable market trend is evident The trend of Consuming Arak in Cocktails. Major Vendors, such as El Massaya (Syria), Ksarak (Lebanon), Zumot Wines (Jordan), Lebanese Arak Corporation (Lebanon), Kawar Arak (Israel), Eagle Distilleries Co (Jordan), Haddad Distilleries (Jordan), Lebanese Fine Wines Ltd. (Lebanon), Domaine des Tourelles (Lebanon) and Chateau Ksara (Lebanon) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
According to the Federal Uniform Drinking Age Act of 1984, the minimum legal drinking age is 21 and every State has to abides by that standard. According to this Act, the Federal government can withhold ten percent of Federal funding for highways from States that do not prohibit people under age 21 from buying or publicly possessing any alcoholic beverage.
- Growing Consumption of Alcoholic Drinks
- Increasing Tourism in Middle Eastern or Other Asian Countries
- The trend of Consuming Arak in Cocktails
- Unregulated Arak Production in Some Countries Has Caused Deaths
High Migration of Middle Eastern People to The West Is Creating Awareness About the Arak and Growing Number of Brands Offering Arak in Their Portfolio Will Increase Its Demand
Arak Can Cause Several Side Effects Due to Methanol Poisoning and Negative Perception of Arak Due to Its High Content of Alcohol
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Arak Study Sheds Light on
— The Arak Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Arak industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Arak industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.