Key Highlights
- The U.S. horse industry contributes approximately $39 billion annually to the economy
- There are about 9.2 million horses in the United States
- The equine industry supports over 1.74 million jobs nationwide
- The total number of horse owners in the U.S. is roughly 3.9 million
- Approximately 2.1 million farm horses are used primarily for work and agriculture
- The number of new horse registrations in the U.S. declined by 20% over the past decade
- The most popular horse breeds in the U.S. include the Quarter Horse, Thoroughbred, and Arabian
- The horse racing industry alone generates over $12 billion annually
- The number of equine veterinary visits in the U.S. exceeds 6 million annually
- Approximately 4,600 active licensed equine trainers in the U.S.
- About 800,000 horses are used in recreational riding in the U.S.
- The total value of the U.S. foal crop (newborn horses) is estimated at over $150 million annually
- The number of equestrian facilities in the U.S. exceeds 10,000
From the thrill of the racetrack to the quiet majesty of farm life, the U.S. horse industry is a dynamic powerhouse contributing over $39 billion annually to the economy and supporting nearly two million jobs—yet it faces significant shifts as registration numbers decline and recreational riding grows, revealing a complex landscape of tradition and innovation.
Economic Impact and Industry Revenue
- The U.S. horse industry contributes approximately $39 billion annually to the economy
- The equine industry supports over 1.74 million jobs nationwide
- The horse racing industry alone generates over $12 billion annually
- The total value of the U.S. foal crop (newborn horses) is estimated at over $150 million annually
- The average annual spend by horse owners on care and maintenance is around $2,200 per horse
- The horse industry employs approximately 460,000 people, including trainers, breeders, and farm workers
- The annual export value of U.S. horses exceeds $300 million, mainly to Canada, Mexico, and the Middle East
- The equine industry’s total economic output is comparable to that of the logging and wood product industry
Economic Impact and Industry Revenue Interpretation
Equine Population and Ownership
- There are about 9.2 million horses in the United States
- The total number of horse owners in the U.S. is roughly 3.9 million
- Approximately 2.1 million farm horses are used primarily for work and agriculture
- The number of new horse registrations in the U.S. declined by 20% over the past decade
- The most popular horse breeds in the U.S. include the Quarter Horse, Thoroughbred, and Arabian
- Approximately 4,600 active licensed equine trainers in the U.S.
- About 800,000 horses are used in recreational riding in the U.S.
- About 80% of horse owners keep their horses on private farms or ranches
- The U.S. equine population has been relatively stable over the last five years, with slight fluctuations
- The majority of racing horses are Thoroughbreds, accounting for about 85% of racehorses in the U.S.
- Approximately 20% of U.S. households own a horse or are involved in the equine industry
Equine Population and Ownership Interpretation
Industry Infrastructure and Facilities
- The number of equestrian facilities in the U.S. exceeds 10,000
Industry Infrastructure and Facilities Interpretation
Recreational and Sporting Activities
- An estimated 60% of horse owners participate in equine-related competitions or events annually
Recreational and Sporting Activities Interpretation
Veterinary and Health Services
- The number of equine veterinary visits in the U.S. exceeds 6 million annually
Veterinary and Health Services Interpretation
Sources & References
- Reference 1THOROUGHBREDRACINGResearch Publication(2024)Visit source
- Reference 2AMERICANHORSEOWNERSResearch Publication(2024)Visit source
- Reference 3VETMEDResearch Publication(2024)Visit source
- Reference 4APHISResearch Publication(2024)Visit source
- Reference 5EQUISEARCHResearch Publication(2024)Visit source
- Reference 6EQUUSMAGAZINEResearch Publication(2024)Visit source
- Reference 7AMERICANHORSEOWNERResearch Publication(2024)Visit source
- Reference 8THEHORSEResearch Publication(2024)Visit source
- Reference 9BRITANNICAResearch Publication(2024)Visit source
- Reference 10AUMNResearch Publication(2024)Visit source
- Reference 11USHORSERACINGResearch Publication(2024)Visit source
- Reference 12NAHSJResearch Publication(2024)Visit source
- Reference 13USTRResearch Publication(2024)Visit source