Global Arak Market Expected to Grow by $2.63 Billion

New York, July 29. 2022 (GLOBE NEWSWIRE) — announces the publication of the report “Global Arak Market 2022-2026” –
Our Arak Market report provides holistic analysis, market size and forecast, trends, growth drivers, and challenges, and vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by an increasing number of distilleries and the growth of arrack exports, the growth of global online retailing, and changes in consumer behavior and lifestyle.
The analysis of the arak market includes the raw material segment and the geographical landscape.

The arrack market is segmented as follows:
By raw material
• Grapes
• Anise
• Others

By geographical landscape
• Middle East and Africa
• North America
• Europe
• South America

This study identifies the growth in online sales as one of the main reasons for the growth of the arrack market over the next few years. In addition, the production of artisanal and unlabeled arrack and the growing demand for arrack in the apac region will drive significant demand in the market.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources by analysis of key parameters. Our arrack market report covers the following areas:
• Sizing of the Arak market
• Arak Market Forecast
• Analysis of the Arak market industry

This robust vendor analysis is designed to help clients improve their position in the market, and in line with this, this report provides a detailed analysis of several leading vendors in the Arak market including Chateau Ksara, Domaine des Tourelles, El Massaya, Haddad Distilleries, Kawar Arak, Libanais Arak Corp., Libanais Fine Wines Ltd., LibanonWeine and Zumot Distilleries. In addition, the Arak Market analysis report includes insights into upcoming trends and challenges that will influence market growth. It’s about helping businesses strategize and take advantage of all future growth opportunities.
The study was conducted using an objective combination of primary and secondary information, including contributions from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of major vendors.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources through analysis of key parameters such as profit, price, competition and specials. It presents various facets of the market by identifying the major industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide a comprehensive competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report:

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