The Horse Farming industry has had a tough run over the past five years, recovering from the effects of the 2007-08 outbreak of equine influenza (EI) while confronting new outbreaks such as the Hendra virus in 2011-12. The industry has also been adversely affected by volatile trends in the downstream horse racing sector and by uneven spending by Australian households on horses and horse racing. However, the industry has benefited from increased prize money offered on local races and from the use of shuttle stallions by large players such as Darley Australia and Coolmore Stud to boost the quality of locally bred horses.
This industry consists of establishments mainly engaged in horse farming, which includes breeding of thoroughbreds, other horse breeds and ponies. Thoroughbred horses are predominantly sold to trainers for the horse racing sector, while other breeds are generally sold to the public for recreational purposes. Horse farms are commonly referred to as studs.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.