Changes in downstream demand for the animals and services that this industry provides will be the major factor contributing to growth in industry revenue over the next five years. Economic growth will play a key role in stimulating demand in downstream industries, as will participation levels in equestrian sports. A return to growth in disposable income is forecast to boost investment in racehorses, spending at race tracks and purchases of horses for recreational use by consumers.
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.
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.