Data Room · Updated November 2026

The Equestrian Industry, By the Numbers

A single reference page for the macro picture: how big the horse world is, who’s in it, and where the money flows.

The horse economy, measured
The horse economy, measured
6.65M
Horses in the US
AHC 2023 study
1.6M
Horse owners
American Horse Council
$177B
Added to the US economy
AHC 2023 study
2.2M
Jobs supported
AHC 2023 study

U.S. Horse Industry Snapshot

Metric Value Source
Horse population (United States) 6.65 million AHC 2023 study
Population in the 2017 study 7.2 → 6.65 million AHC 2023 vs 2017
Horse owners ~1.6 million American Horse Council
Total economic impact (value added) $177 billion / yr AHC 2023 study
— of which salaries, wages & benefits $122 billion / yr AHC 2023 study
— direct value added, six sectors ~$54.6 billion / yr AHC 2023 study
Jobs supported 2.2 million AHC 2023 study
Industry volunteers 2 million AHC 2023 study
Land owned or leased for horse purposes 12.5 million acres AHC 2023 study
Owners who own or lease their property 62% AHC 2023 study
Most horses by state Texas 748,800 · California 477,700 · Florida 344,900 AHC 2023 study
Share of horse use that is recreational riding 74% USDA NAHMS
Equestrian Canada participants 855,000+ Equestrian Canada
German active riders 1.2+ million German Equestrian Federation (FN)
UK regular riders 3.2 million British Equestrian Federation
UK sector contribution £8.3 billion British Equestrian Trade Association
If you have seen $122 billion quoted as the size of the US horse industry, that figure is from the 2017 study. In the 2023 study the same number now means salaries, wages and benefits alone, and total impact is $177 billion. AHC has commissioned the next study for 2028, so these are the current numbers for at least another cycle.

AHC 2023 vs 2017

Where the $177 Billion Comes From

AHC splits the industry into six sectors. Competition, recreation and racing come out almost exactly equal — which is why “the horse industry” is not a synonym for racing.

Sector Total impact Jobs Direct value added
Competition $37.3 billion 486,820 $15.6 billion
Recreation $36.7 billion 466,969 $14.5 billion
Racing $36.4 billion 491,232 $16.0 billion
Traditional work horses $6.4 billion 86,223 $2.6 billion
Equine-assisted services $1.55 billion 14,971 $810 million
Equine rescues & sanctuaries $325 million 4,681 $139 million
Source: AHC 2023 Economic Impact Study. The six sector totals add up to about $118.7 billion and 1.55 million jobs; they do not sum to the $177 billion headline, which includes wider multiplier effects across the economy.

Who Owns Horses — 2025 Owner Survey

The 2025 American Horse Publications survey of 4,000+ horse owners gives the clearest recent demographic picture:

Finding 2025 Trend
Owners earning over $100,000/yr 51% ▲ up from 42% in 2021
Kept same number of horses as prior year 75% —
Own/manage fewer horses 15% —
Own/manage more horses 10% —
Would pay up to $50 for a telemedicine consult 43% Emerging channel
Horses vaccinated by their veterinarian 67% —
Source: American Horse Publications 2025 survey, reported at AAEP Business News Hour (EquiManagement, Spring 2026). Top 3 owner concerns: cost of horsekeeping, land use, access to veterinary care.
The #1 owner concern in 2025 is the cost of horsekeeping — ahead of land use and vet access. That’s exactly why HorseLife exists.

AHP 2025 Owner Survey

Equestrian Retail Market

Global market for equestrian products & supplies, with forecast:

Market 2025 2034 (F) CAGR
Global equestrian products & supplies $6.8B $11.4B 5.9%
— North America share $2.33B (34.2%) ~5.3% CAGR —
— Europe share 31.5% ~5.1% CAGR —
— Asia-Pacific (fastest growing) 15.4% 8.1% CAGR —
US e-commerce share of equestrian sales 38% vs 29% global —
Source: Dataintelo, Equestrian Products & Supplies Market report (analysis verified March 2026).

Regional Market Shares (2025)

North America

34.2%

Europe

31.5%

Asia-Pacific

15.4%

Latin America

6.2%

Middle East & Africa

4.4%

Share of global equestrian products & supplies revenue, 2025. Source: Dataintelo.

Annual Cost Benchmarks by Country

Country Annual Cost (one horse) Source
United States $5,110 – $31,300 (median ~$6,000 pleasure) Extension surveys / veterinary cost references
United Kingdom £5,000 – £15,000 (on livery) British Horse Society
Australia AUD $8,000 – $15,000 Equestrian Queensland

Veterinary Industry Context

  • 48% of the equine veterinary workforce is over age 50; 64% of responding practices are solo practitioners (2024 AVMA/AAEP Equine Economic Report).
  • Equine practitioners derive 84% of revenue from services — the highest of any veterinary practice type (2025 AVMA report).
  • Veterinary unemployment remains low at 0.7% vs 3.9% nationally (2025 AVMA Economic Report).

Sources: AVMA/AAEP reports as presented at the AAEP 2025 Business News Hour (EquiManagement, Spring 2026).


Where the numbers come from

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Keep reading: US equestrian industry statistics 2026: 25 numbers