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.

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 |
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 |
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% | — |
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 | — |
Regional Market Shares (2025)
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
- Equine science textbook — The data behind the data — physiology and behavior, citableCheck Price
- Stable management manual — The classic text behind barn economicsCheck Price
- Equine business planner — For anyone turning these statistics into a business planCheck Price
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