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Horse Power. A brief look at the numbers and economic impact of the Equine Industry. Complexity of the Equine Industry. The Trade e.g. horse feed, bedding. Professionals/para-professionals e.g. vets, farriers. Land-based business e.g. racecourse. Financial Services

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Horse Power

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Horse Power

A brief look at the numbers and economic impact of the Equine Industry


Complexity of the Equine Industry

The Trade

e.g. horse feed, bedding

Professionals/para-professionals

e.g. vets, farriers

Land-based business

e.g. racecourse

Financial Services

e.g. accountants, equine insurance

Professional horses &

riders

Semi-professional horses & riders

Leisure horses & riders

Media

e.g. magazines

Training & Education of workforce

e.g. on-the-job training

Event Organization

e.g. Showground's

Infrastructure

e.g. trail corridor

Associations

e.g. breed associations


Estimated number of horses in the U.S. 9.2 million

Estimated number of horses by Activity

Recreation, 3,906,923

Showing, 2,718,954

Racing, 844,531

Other, 1,752,439

Estimated number of horses by Breed

Quarter Horse, 3,288,203

Thoroughbred, 1,291,807

Other Horses, 4,642,739

Force of The HorseEconomic Impact - $102 Billion


Iowa Survey Results

  • 199,220 total equine (AHC, 2005)

    • Total Iowa equine value

      • $1,027 million

  • 35,800 operations

  • 47,000 equine owners

  • 145,000 Iowans involved in equine industry


Equine Owners Role in the Industry1

1Respondents could indicate multiple roles


Composition of Iowa Equine Operations


Participation in Equine Activities

  • Over 69% of Iowa equine owners ride on public land

  • 33% of equine owners will compete in some type of event during the year

  • 50% will attend an equine show, clinic and/or workshop


Participation in Equine Activities

  • Over 27% of horse owners will attend a rodeo & 8% will participate in a rodeo annually.

  • Eight percent of Iowa equine owners will attend one or more races per year.


Number of Years People Have Owned Equine


Breed Rank by Population

  • Quarter Horse

    • 42%

  • Other

    • 19%

  • Paint

    • 16%

  • Ponies

    • 7%

  • Appaloosa

    • 7%

  • Thoroughbred

    • 5%

Other – light horse breeds, draft breeds, mules, donkeys


Ranking by Use


Foal Registrations


% of Registered Horses Age 15 or Older


Equine-Related Assets

Total value - $8.3 billion.


Expenditures Associated With Iowa’s Equine Owner$503+ Million


Direct Economic Impact

Total Impact

The initial change in the economy as a result of spending to support the horse industry

Direct impact and additional spending as a result of direct impacts


Economic Impact – All Equine Operations Industries Impacted $862 Million and 10,130 jobs


Economic Impact – All Equine Operations Industries Impacted $862 Million and 10,130 jobs


Economic Impact – All Equine Operations Industries Impacted $862 Million and 10,130 jobs


Prairie MeadowsEconomic Impact

  • Stalls 1,336 horses

  • Running 5/d/wk with 46 horses – 414 horses/wk

  • Hay consumption

    • ½ bale/horse/day

    • 667 bales/day

    • 160 day season – 106,720 bales

  • Grain consumption

    • ~15 lb/horse/day

    • ~2000 lb/day


Economic Impact – Pari-mutuel Racing

  • Horse Racing Operations pay $12.5 M to the state of Iowa annually


Horse Years Vs. Human Years

  • First year horse = 12 human yrs

  • Second year horse = 7 human yrs

  • Next 3 horse years = 4 yrs each

  • Subsequent horse years = 2.5 yrs each

  • 2 yr old horse – teenager

  • 15 yr old horse – middle aged

  • 20 yr old horse – senior citizen


Summary

The equine industry is a thriving part of the Iowa economic landscape, and has tremendous potential to grow.


Horse-slaughter

The unwanted horse

Mustangs

Rodeo

PMU farms

Condition of stalls for horses

Composition of track and running surfaces

Racing & showing 2-year olds

Post-race career of horses

INTO THE FUTUREGuarding Animal Rights


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