The equestrian industry is a global phenomenon, with an estimated $50 billion impact on the US economy annually and over 9.2 million horses in the United States alone. In addition to this, there are 4.6 million Americans involved in some way as horse owners, service providers, employees or volunteers; 34% of these have household incomes below $50k per year. The UK’s contribution to the equine sector stands at £8 billion each year while Australia has an estimated value of AUD$2.1 billion for its own industry – not forgetting Ireland’s €816 million annual economic input from their 20 thousand directly employed people within it.
Equestrian sports also feature prominently across Europe and Japan where they generate 201 million TV viewers and ¥6 trillion ($53.3billion) respectively; New Zealand employs 17 thousand people within its own sector too whilst Australia boasts 20 thousand businesses related to horses overall – all contributing significantly towards their respective economies.
In terms of demographics we can see that female participation accounts for 74%, white participants make up 89% and those aged 45-64 account for 23%. Finally FEI (Fédération Equestre Internationale) currently holds 140 national federations as members which further highlights just how far reaching this sport really is. Horse owners in America spend around $3,876 every year on average when it comes to horse-related expenses so clearly there’s no shortage of money being spent either…
Equestrian Industry Statistics Overview
There are around 446,000 horse-owning households in the UK, with nearly 1.35 million regular riders.
This statistic is a testament to the popularity of horse-riding in the UK, with nearly 1.35 million regular riders. It highlights the size of the equestrian industry in the UK, and the potential for growth in the sector. It also shows the importance of the industry to the UK economy, as horse-owning households are likely to be spending money on feed, equipment, and other related services. This statistic is a valuable insight into the state of the equestrian industry in the UK.
The Australian equestrian industry is estimated to have a value of AUD$2.1 billion.
This statistic is a testament to the immense value of the Australian equestrian industry, demonstrating its importance to the nation’s economy. It is a powerful reminder of the impact the industry has on the country, and serves as a reminder of the need to continue to support and invest in the industry.
Equestrian sports are the third most-watched sport in the FEI (Fédération Equestre Internationale) European Championships, with around 201 million TV viewers.
This statistic is a testament to the immense popularity of equestrian sports in Europe. It shows that the FEI European Championships have a large and engaged audience, with an impressive 201 million viewers tuning in to watch the events. This is a clear indication that equestrian sports are a major draw for viewers, and that the industry is thriving.
The equine sector in Ireland contributes over €816 million to the Irish economy annually.
This statistic is a testament to the immense economic impact of the equine sector in Ireland. It highlights the significance of the industry in terms of its contribution to the country’s overall economy, demonstrating its importance to the nation’s financial wellbeing.
There are approximately 20,000 horse businesses in the Australian equestrian industry.
This statistic is a testament to the size and scope of the Australian equestrian industry. It highlights the sheer number of businesses that are involved in the industry, demonstrating the importance of the sector to the Australian economy. Furthermore, it serves as a reminder of the many people who rely on the industry for their livelihoods, and the impact it has on the lives of those involved.
The horse racing industry in Japan generates around ¥6 trillion ($53.3 billion) in total economic impact.
This statistic is a testament to the immense economic power of the horse racing industry in Japan. It highlights the significant contribution the industry makes to the country’s economy, demonstrating its importance to the nation’s financial well-being. Furthermore, it serves as a reminder of the potential for growth and development within the equestrian industry, both in Japan and around the world.
Over 17,000 people are employed in New Zealand’s equestrian industry.
This statistic is a testament to the size and scope of the equestrian industry in New Zealand. It highlights the fact that the industry is a major employer in the country, providing jobs and economic opportunities to thousands of people. It also shows that the industry is an important part of the country’s economy, and that it is a viable and growing sector. This statistic is a powerful reminder of the importance of the equestrian industry in New Zealand, and it is an important piece of information to consider when discussing the industry’s overall impact.
The horse population in Europe is estimated to be between 6 to 7 million.
This statistic is a key indicator of the size of the equestrian industry in Europe. It provides a snapshot of the number of horses in the region, which can be used to gauge the potential market for equestrian products and services. Additionally, it can be used to measure the impact of equestrian activities on the environment, as well as the economic and social benefits of the industry.
UK equestrian events attract over 4.3 million live spectators annually.
This statistic is a testament to the immense popularity of equestrian events in the UK. It speaks to the sheer number of people who are drawn to these events, and the impact they have on the local economy. It also highlights the importance of the equestrian industry in the UK, and the potential for growth in the sector.
Female participation in equestrian sports is around 74% in the United States.
This statistic is a powerful indicator of the growing popularity of equestrian sports among women in the United States. It speaks to the fact that more and more women are taking up the sport, and that the equestrian industry is becoming increasingly accessible to female riders. This statistic is a testament to the progress that has been made in the equestrian industry, and it is an important reminder that the industry is becoming more inclusive and diverse.
Nearly 89% of equestrian sport participants are white in the United States.
This statistic is a stark reminder of the lack of diversity in the equestrian sport in the United States. It highlights the need for more equitable access to the sport, as well as the need for more representation of people of color in the equestrian industry. It is a call to action for those in the industry to take steps to ensure that everyone has the opportunity to participate in the sport, regardless of their race or ethnicity.
Up to 23% of equestrian sport participants are aged between 45-64 in the United States.
This statistic is a telling indication of the popularity of equestrian sports among the older demographic in the United States. It speaks to the fact that the sport is not just a hobby for the young, but is also enjoyed by those in the middle-aged and senior age brackets. This is an important point to consider when discussing the equestrian industry, as it shows that the sport is not just a passing trend, but is a viable and sustainable activity for all ages.
The FEI has more than 140 national equestrian federations as members, highlighting the global reach of the equestrian industry.
This statistic serves as a testament to the far-reaching influence of the equestrian industry, with its presence felt in more than 140 countries around the world. It is a clear indication of the industry’s success and its ability to transcend geographical boundaries.
On average, horse owners in the United States spend around $3,876 annually on horse-related expenses.
This statistic is a telling indication of the financial commitment that horse owners in the United States are willing to make in order to keep their horses healthy and happy. It speaks to the dedication of these individuals and the importance of the equestrian industry in the United States.
Conclusion
The equestrian industry is a global phenomenon, with an estimated $50 billion impact on the US economy annually and over 9.2 million horses in the United States alone. It also contributes billions of dollars to other countries’ economies each year, including £8 billion to the UK’s economy and AUD$2.1 billion to Australia’s economy. The FEI has more than 140 national equestrian federations as members, demonstrating its reach across multiple nations worldwide.
In addition, there are millions of people involved in this industry either as horse owners or service providers – 446,000 households own horses in the UK while up to 23% of participants aged between 45-64 years old take part in equestrian sports within America itself; 74% being female participation rate for these activities too. Horse racing generates around Â¥6 trillion ($53.3 billion) total economic impact from Japan alone whilst New Zealand’s sector employs 17 thousand people directly contributing €816 million per annum into their country’s GDP figures – not forgetting that American horse owners spend approximately $3 876 yearly on related expenses.
It is clear that despite some regional differences due to cultural preferences and local regulations/laws governing animal welfare etc., it can be seen that globally speaking: The Equestrian Industry continues making significant contributions towards both our social lives (through leisurely pursuits such as riding lessons & competitions) but also economically through job creation & revenue generation alike – proving why it remains one of today’s most popular pastimes enjoyed by many all over world.
References
0. – https://www.inside.fei.org
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5. – https://www.agriculture.gov.ie
6. – https://www.nzier.org.nz
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8. – https://www.horsecouncil.org
9. – https://www.americanhorsepubs.org
10. – https://www.fei.org
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