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Horses

What is the equine industry?

The horse, or equine, industry is the economic sector related to horses. It includes services, businesses, and merchandise related to caring, training, and breeding equines. It includes nutrition, equipment, publications, veterinarian care, education, and apparel. Also, it incorporates the equestrian sports segment. It focuses on sports and hobby activities related to horses. These include dressage, racing, obstacle jumping, and so on. It is an industry that supports around 1.6 million professionals.

Is the sector extensive?

The horse industry is among the most time-honoured economic segments. It is also a sector with an extensive network. For instance, it is linked to the sports, agriculture, and hobby sectors. It also has connections to the apparel and tourism industries. It furthermore has links to the hunting, education, publishing, and outdoor activity sectors. As a result, the industry spans over 116,200 enterprises.

Is the sector highly valued?

As a result, the equine industry is a high-value segment. For instance, it has recently reached an economic impact value of approximately $300 billion. The equine sector often enforces innovations and conducts research. It ensures the well-being of horses and sector members. The industry frequently shows such novel solutions during annual and biannual trade expos. These occur in countries with time-honoured links to the industry. Such include the French Republic and the Federative Republic of Germany. The industry’s trade expositions attract hundreds of thousands of participants.