Horse & Other Equine Production in the US - Industry Market Research Report

Horse & Other Equine Production in the US - Industry Market Research Report

Horse & Other Equine Production in the US

Horse and equine producers raise horses, mules, donkeys and other equines) for transportation, racing events, rodeo competitions, showing and other recreational sports. The strong economy in the years preceding the pandemic led to record-low unemployment and surging wages. These conditions caused consumer confidence to skyrocket, so people were more willing to make risky investments in horse racing, which increased producers' revenue. During COVID-19, the federal government gave Americans massive amounts of aid. Consumers spent more on horses, which boosted revenue for producers.

Companies in this industry 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.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.