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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A brief look at the numbers and economic impact of the Equine Industry
e.g. horse feed, bedding
e.g. vets, farriers
e.g. accountants, equine insurance
Professional horses &
Semi-professional horses & riders
Leisure horses & riders
Training & Education of workforce
e.g. on-the-job training
e.g. trail corridor
e.g. breed associations
Estimated number of horses by Activity
Estimated number of horses by Breed
Quarter Horse, 3,288,203
Other Horses, 4,642,739Force of The HorseEconomic Impact - $102 Billion
1Respondents could indicate multiple roles
Other – light horse breeds, draft breeds, mules, donkeys
Total value - $8.3 billion.
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
The equine industry is a thriving part of the Iowa economic landscape, and has tremendous potential to grow.