Prepared for Lucy D. | Delivered October 8, 2019
Global equestrian industry: market size
To identify the global market size of the equestrian industry.
Global Equestrian Industry
Allied Market Research
, the global equestrian market consists of horse racing and betting, competitive riding and leisure.
According to the Equine Business Association, the global equine industry as a whole is worth
. The top 3 markets include the US, worth
, Europe, which is valued at
, and Canada at
According to Beta, the
horse industry is more varied
than any other sector within the agriculture or in the wider leisure industry.
The equine industry can be divided into
2 major categories
: activities based on the use, possession or ownership of horses (Core activities), and suppliers of horse-related goods and services for those core activities (providers to the core).
Activities within the
range from professional to leisure, as well as semi-professional riders. Hence, this segment involves activities relating to commercial breeders, affiliated sports such as dressage and show jumping, training, and racing. The leisure-oriented activities include the provision of riding lessons, trekking, and tourist attractions.
Providers to the core
are involved in activities such as
, feed supply, and veterinary services, livery yards, etc.
in the global equestrian products and supplies market include Horze-Equestrian, Colonial Saddlery, Gems International, Akash International, Bates Saddles,
saddle, Berney Brothers,
Saddlery, Borne Saddlery, and
332 assignments | 5.0