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Industry profile and opportunities Objectives of this section: After completing this section, you should be able to: Identify countries or areas with the most horses, donkeys, and mules Compare the population of horses, donkeys, and mules in the United States to that in the world

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objectives of this section
Objectives of this section:
  • After completing this section, you should be able to:
    • Identify countries or areas with the most horses, donkeys, and mules
    • Compare the population of horses, donkeys, and mules in the United States to that in the world
    • Describe the rise and fall of the horse population in the United States
    • Project changes in the horse population in the United States
objectives of this section3
Objectives of this section:
  • Name four general areas of equine research and give two examples of each
  • Identify activities and organizations associated with the United States horse industry
  • Discuss the future of the United States horse industry
industry profile and opportunities4
Industry profile and opportunities
  • The horse industry is a highly diverse industry that supports a wide variety of activities.
    • Combines rural activities of:
      • Breeding, training, maintaining and riding
    • With urban activities of:
      • Operating racetracks, off-track betting parlors, horse shows and public sales.
industry profile and opportunities5
Industry profile and opportunities
  • How many horses are there?
    • 6.9 million horses in the U.S.
      • Both commercial and recreational
    • 725,000 of those horses are involved in racing and race horse breeding,
    • While 1,974,000 and 2,970,000 are used in showing and recreation, respectively.
    • 1,262,800 are used in other activities:
      • Farm and ranch work
      • Rodeo, polo, police work, & etc.
industry profile and opportunities8
Top 10 horse-producing states:

Texas

California

Oklahoma

Colorado

New York

Ohio

Michigan

Pennsylvania

Washington

Kentucky

Industry profile and opportunities
industry profile and opportunities10
Industry profile and opportunities
  • How many people are involved in the Industry?
    • 7.1 million Americans are involved in the industry as:
      • Horse owners ,
      • Service providers,
      • Employees, and
      • Volunteers.
industry profile and opportunities11
Industry profile and opportunities
  • 3.6 million and 4.3 million of those participated in showing and recreation, respectively.
    • With some overlap of participants in both activities.
  • 941,000 people participated in racing in either a professional or volunteer capacity.
  • 1.9 million people own horses.
  • Tens of millions more Americans participate as spectators.
industry profile and opportunities12
Industry profile and opportunities
  • The horse industry is a divers broad-based activity with stakeholders including large numbers of:
    • recreational and show horse riders,
    • And moderate-income track,
    • Show and stable employees and volunteers.
industry profile and opportunities13
Industry profile and opportunities
  • The median income for all U.S. households is $36,000.
  • The median income for horse owning households is $60,000.
  • 14% of horse-owning households have incomes under $25,000
  • 38% under $50,000.
  • 64% under $75,000.
industry profile and opportunities14
Industry profile and opportunities
  • Impact on the American Economy
    • The horse industry directly produces goods and services of $25.3 billion.
    • And has a total impact of $112.1 billion on U.S. gross domestic product.
      • Racing, showing and recreation each contribute more than 25% to the total value of goods and services produced by the industry.
industry profile and opportunities15
Industry profile and opportunities
  • The industry’s contribution to the U.S. GDP is greater than the:
    • Motion picture services
    • Railroad transportation,
    • Furniture and fixtures manufacturing
    • Tobacco product manufacturing
  • The industry pays a total of $1.9 billion in taxes to federal, state and local governments.
industry profile and opportunities16
Industry profile and opportunities
  • Of the 619,400 people directly employed by the industry
    • Some part-time and seasonal employees, which equates to :
      • 338,500 full-time equivalent jobs.
    • The industry generates over 1.4 million FTE jobs across the U.S.
industry profile and opportunities17
Industry profile and opportunities
  • In terms of employment, the industry directly employs more people than:
    • Railroads
    • Radio and television broadcasting,
    • Petroleum and coal products manufacturing
    • Tobacco product manufacturing.
industry profile and opportunities18
Industry profile and opportunities
  • Broken down, the horse industry has a direct economic effect in:
    • Urban areas of $2.8 billion and employs 45,800 FTE employees.
    • Rural areas, the direct economic effect is $22.5 billion and employs 292,7000 FTE employees.
horse careers
Overview of Careers:

Auctioneering / horse sales

Boarding

Breeding

Breed Registry / Assoc.

Businesses

Farriery

Guest & Dude Ranches,

Youth Camps

Health Care

Horse Racing

Horse Training

Judging

Law Enforcement

Manufacturing & Sales

Outfitter

Polo

Publishing

Riding Instruction

Rodeo

Horse Careers
horse careers20
Overview of Careers:

Stables

Support Professions

US Dept. of Agriculture

U.S. Forest Service

US Dept. of Interior

Veterinary Medicine

Wagon Trains & Trail Rides

Horse Careers

What ever career you choice

be sure it is one you will enjoy.

research in the horse industry
Research in the Horse Industry
  • Unsoundness and Injury
  • Breeding and Reproduction
  • Nutrition
  • Disease Prevention and Control
  • Equine Behavior