Saddling up: Increased disposable incomes will boost spending on race and recreational horses

IBISWorld’s Horse & Other Equine Production market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
Annual Growth

Industry Threats & Opportunities

  • Profit has inched back up but is still below precessionary levels
  • A decline in profit has contracted the number of horse farms and ranch locations
  • Growth in disposable income and participation in equestrian sports will stimulate demand

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    Industry Analysis & Industry Trends

    The Horse and Other Equine Production industry has grown moderately over the five years to 2016; the recession negatively impacted revenue prior to the current five-year period and its lasting effects resulted in significant revenue losses in 2012. While the industry has grown since 2012, it is not expected to recover to prerecessionary levels. Revenue is anticipated to remain stagnant over the five years to 2016. The trend is mainly attributed to the drop in big-ticket purchases in 2012, but the industry has also been negatively affected by less participation overall in horse-racing activities...

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    Industry Report - Industry Investment Chapter

    The Horse and Other Equine Production industry has a moderate to high level of capital intensity. However, the level of capital employed in horse and other equine farming varies between different segments of the industry.

    For facilities that do not breed high-performance racing or show horses, the capital intensity level is low. These establishments pay for the upkeep of their facilities, which succumb to regular wear and tear, and for other equipment including trucks and trailers for transportation to and from facilities. Overall, these costs are minor.

    Facilities that breed high-performance horses, especially racehorses, the level of capital intensity can be high. The..

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    Additional Insights for the Horse & Other Equine Production Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Horse & Other Equine Production Industry are

  • Locating close to key suppliers
  • Locating close to key markets
  • Production of premium horses
  • IBISWorld analysts also discuss how external factors such as Demand from racing and individual sports and Per capita disposable income in the Horse & Other Equine Production industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Horse & Other Equine Production Industry?

    Establishments in this industry breed and raise horses, mules, donkeys and other equines (mammals belonging to the Equidae family) for transportation, racing events, rodeo competitions and other recreational sports. These establishments are commonly referred to as ranches, farms or studs.

    Industry Products
    Other horses and equines
    Recreational Horses
    Show horses
    Industry Activities
    Producing and raising burros
    Producing and raising donkeys
    Producing and raising horses
    Producing and raising mules
    Producing and raising ponies

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from racing and individual sports
  • Per capita disposable income
  • Consumer Confidence Index
  • Trade-weighted index
  • Price of feed

  • Current Performance
  • Thoroughbred racing and breeding
  • Profit and industry participation
  • International trade
  • Chart: Revenue Growth

  • Industry Outlook
  • Turnaround in horse racing
  • Profit expansion
  • Trade conditions
  • Table: Horse & Other Equine Production Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Horse & Other Equine Production Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Cattle & Hog Wholesaling
  • Racing & Individual Sports

  • Key Selling Industries
  • Agriculture, Forestry, Fishing and Hunting
  • Corn, Wheat & Soybean Wholesaling
  • Farm Supplies Wholesaling
  • Farm, Lawn & Garden Equipment Wholesaling
  • Livestock Production Support Services
  • Tractors & Agricultural Machinery Manufacturing
  • Veterinary Services

  • Products & Services
  • Recreational Horses
  • Show horses
  • Other horses and equines
  • Racehorses
  • Chart: Horse & Other Equine Production Industry Products and Services Segmentation

  • Demand Determinants
  • Racehorse demand
  • Export demand
  • Breeding demand
  • Other equine demand

  • Major Markets
  • Domestic racing
  • Exports
  • Showing
  • Other
  • Recreation
  • Chart: Major Market Segmentation for the Horse & Other Equine Production Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other costs
  • Chart: Cost Structure Benchmarking – Sector vs Horse & Other Equine Production

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Horse & Other Equine Production Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Horse & Other Equine Production Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Horse & Other Equine Production Industry
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Per Capita Disposable Income (2007-2021)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Environmental Quality Incentives Program
  • A federal government program where farmers can obtain access to funding, advice and education services for addressing resource issues.
  • Equine
  • An animal of the Equidae family, or horse family.
  • Foal
  • A baby horse or equine
  • Horsetrak
  • A proprietary software technology that monitors and records a horse's health.
  • Stud
  • An establishment or farm where horses are kept for breeding or a group of broodmares and stallions kept for breeding.
  • Why buy this report?

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    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
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    This report on Horse & Other Equine Production:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Horse & Other Equine Production market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Horse & Other Equine Production, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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