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The Arak market size is forecast to increase by USD 2.6 billion at a CAGR of 3.27% between 2023 and 2028. The market is witnessing significant growth due to several key factors. The increasing number of distilleries and expanding exports of this distilled spirit are driving market growth. Additionally, the rise in online sales is contributing to the market's momentum. However, fluctuations in the price of raw materials, particularly Merwah grapes, pose a challenge to market participants. Liquor stores continue to be the primary sales channel for Arak, with its unique citrusy flavor appealing to consumers. Adhering to regulatory procedures is essential for market entry and maintaining product quality. This market analysis report provides a comprehensive evaluation of these trends and challenges, enabling businesses to make informed decisions in the market.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Raw Material
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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