Horse Racing Industry Size

Goals

To find the size of the thoroughbred horse racing industry worldwide and in the US, as well as gather registration information such as number of horses, jockeys, and owners.

Early Findings

Market size of the thoroughbred horse racing industry US

  • In 2019, there are 45,722 thoroughbred active racing horses in North America (U.S, Canada, and Puerto Rico).
Number of horses registered to breed
Number of horse owners
  • In 2019, there are 1,354 thoroughbred horse owners in North America (U.S, Canada, and Puerto Rico).
Number of trainers
  • In 2019, there are 4,790 active trainers in North America (U.S, Canada, and Puerto Rico).
Number of jockeys
  • In 2019, there are 1,354 active jockeys in North America (U.S, Canada, and Puerto Rico).

Market size of the thoroughbred horse racing industry worldwide

Number of horses registered to race
  • In 2017, there were 212,595 horces registered to race.
Number of horses registered to breed

Summary of Findings

During the first hour of preliminary research, we managed to find details on registrations of horses, jockeys, trainers, and owners for North America. If it is necessary to look for the USA only, we can do so. We also managed to gather data from the IFHA for worldwide statistics. With more time, we can find all the necessary registration data for horses, jockeys, owners, and trainers worldwide.

Proposed next steps:

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After conducting an hour of preliminary research, we propose to find the numerical size of the thoroughbred horse racing industry worldwide, including the number of racing horses, trainers, jockeys, owners, and any other relevant data, excluding the number of veterinarians and blacksmiths.
Alternatively, we can look for the market size, in financial terms, of the thoroughbred horse racing industry in the U.S.
Finally, we propose to look for the market size, in financial terms, of the thoroughbred horse racing industry in the U.S. and globally.