Horse Farming in Australia - Market Research Report

Horse Farming industry trends (2014-2019)

poll Average industry growth 2014–2019: 4.2%

The Horse Farming industry has strongly grown over the past five years, with increased demand for thoroughbred horses boosting the average price paid per horse and service over the period. Rising thoroughbred horse prices have supported strong industry growth. In addition, export earnings have increased as a share of industry revenue over the past five years due to rising overseas demand. However, declining harness racing activity has reduced demand for standardbred horses over the past five years. Weaker demand for standardbred and other horses has limited industry growth over the past five years. Despite this, industry revenue is expected to grow at an annualised 4.2% over the five years through 2018-19, to reach $1.3 billion. This includes expecte...
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Horse Farming industry outlook (2019-2024)

poll Average industry growth 2019-2024: x.xlockPurchase this report or a membership to unlock the average company profit margin for this industry.

The Horse Farming industry is forecast to grow at a slower pace over the next five years, relative to the past five-year period. Standardbred horse farmers are anticipated to continue exiting the industry, in line with declining demand for harness racing. Conversely, larger thoroughbred farming enterprises are projected to continue benefiting from rising demand over the next five years. Revenue and profitability Industry revenue is forecast to increase at an annualised X.X% over the five years through XXX-XX, to reach $X.X billion. Demand from overseas customers for Australian thoroughbred horses is anticipated to remain strong over the next five years. Australia's reputation for producing high-quality horses for racing is boosting demand from mark...
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Horse Farming industry statistics

  • attach_money Market Size: $1bn
  • business Number of Businesses: 3,501
  • poll Average Industry Profit Margin: x.x%
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  • supervisor_account Industry Employment: 7,033

Biggest companies in the Horse Farming industry

The Horse Farming in Australia industry has no companies with major market shares. Get the full report to find out why.

What is Horse Farming industry?

Industry Definition

The industry engages in horse farming, which includes breeding thoroughbreds, standardbreds and other horse breeds. Thoroughbred and standardbred horses are mainly sold to trainers for the purpose of horse and harness racing, while other breeds are generally sold to the public for recreational purposes. Industry operators also offer agistment services.

Industry Products and Services

  • Thoroughbred services
  • Thoroughbred sales
  • Standardbred breeding and services
  • Other horses and services
  • All Others

Industry Activities

  • Horse agistment services
  • Thoroughbred horse breeding
  • Standardbred horse breeding
  • Operation of stud farms (horses)
  • Other horse breeding

Market research report - table of contents

Industry Definition

The industry engages in horse farming, which includes breeding thoroughbreds, standardbreds and other horse breeds. Thoroughbred and standardbred horses are mainly sold to trainers for the purpose of horse and harness racing, while other breeds are generally sold to the public for recreational purposes. Industry operators also offer agistment services.

Main Activities

  • Horse agistment services
  • Thoroughbred horse breeding
  • Standardbred horse breeding
  • Operation of stud farms (horses)
  • Other horse breeding

Similar Industries

Additional Resources

Industry Statistics Snapshot

Industry Structure

Executive Summary

Key External Drivers

The industry is heavily influenced by demand for horse racing, which includes thoroughbred and harness racing. Increased demand from horse and dog racing ...
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Demand from horse and dog racing
Trade-weighted index
Real household discretionary income
Domestic price of wheat feed

Current Performance

Differing fortunes
International trade
Hunter Valley battle
 Chart: Revenue Growth

Industry Outlook

Industry structure
International trade
 Table: Horse Farming in Australia - Market Research Report Industry Revenue Outlook

Industry Life Cycle

Life Cycle Reasons
 Chart: Benchmarking - Horse Farming in Australia - Market Research Report Industry Lifecycle vs The Economy

Supply Chain

Key Buying Industries

Horse and Dog Racing in Australia






Key Selling Industries

Grain Growing in Australia
Hay and Other Crop Growing in Australia
Cereal Grain Wholesaling in Australia
Veterinary Services in Australia



Products & Services

Operators in the Horse Farming industry carry out a range of activities, including breeding and agistment services for a variety of horse breeds. Although...
Export markets
Leisure, sporting and workhorse owners
Other thoroughbred breeders
Harness horse owners


Demand Determinants

Several factors, including horseracing and gambling trends, discretionary incomes and technology uptake, can influence industry-wide demand. As thoroughbr...
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Major Markets

Export markets
Leisure, sporting and workhorse owners
Other thoroughbred breeders
Harness horse owners



 Chart: Major Market Segmentation for the Horse Farming in Australia - Market Research Report Industry

International Trade

Business Locations

Chart: Business Locations by State Chart: Business Locations by State

Market Share Concentration

The Horse Farming industry exhibits low market share concentration, with the industry's four largest operators accounting for substantially less than 40% ...
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Key Success Factors

Cost Structure Benchmarks

Profit, Purchases, Wages, Other Costs
 Chart: Cost Structure Benchmarking – Sector vs Horse Farming in Australia - Market Research Report

Basis of Competition

Internal competition
External competition

Barriers to Entry

 Table: Barriers to Entry Checklist for the Horse Farming in Australia - Market Research Report Industry

Industry Globalization

The Horse Farming in Australia industry has no major companies. Get the full report to find out why.

Capital Intensity

By using depreciation and wage costs as a measure of capital intensity, the Horse Farming industry is highly capital-intensive. For every dollar spent on ...
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 Chart: Level of Capital Intensity for the Horse Farming in Australia - Market Research Report Industry
 Chart: Tools of the Trade: Growth Strategies for Success

Technology & Systems

Revenue Volatility

Chart: Volatility vs Industry Growth Chart: Volatility vs Industry Growth

Regulation & Policy

Industry Assistance

Table: Industry data Table: Industry Data for the Horse Farming in Australia Industry

Industry Revenue (2007-2025)
Industry Gross Product (2007-2025)
Establishments (2007-2025)
Businesses (2007-2025)
Employment (2007-2025)
Exports (2007-2025)
Imports (2007-2025)
Wages (2007-2025)
Domestic Demand (2007-2025)

Table: Annual Percentage Change for Key Industry Data Table: Annual Percentage Change for Key Industry Data

Table: Key Ratios for Industry Key Dat Table: Key Ratios for Industry Key Data

Table: Industry Financial Ratios Table: Industry Financial Ratios

Liquidity Ratios
Coverage Ratios
Leverage Ratios
Operating Ratios
Cash Flow & Debt Service Ratios (% of Sales)
Assets, %
Liabilities, %

AGISTMENT

BROODMARE

EQUINE INFLUENZA

SHUTTLE STALLIONS

STANDARDBRED

THOROUGHBRED

YEARLING

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Included in Report

  • Industry Financial Ratios
    Industry Financial Ratios
  • Revenue Forecasts
    Revenue Forecasts
  • Historical and Forecast Growth
    Historical and Forecast Growth
  • Industry Market Size
    Industry Market Size
  • Industry Major Players
    Industry Major Players
  • Profitability Analysis
    Profitability Analysis
  • SWOT Analysis
    SWOT Analysis
  • Industry Trends
    Industry Trends
  • Industry Operating Conditions
    Industry Operating Conditions
  • Porter's 5 Forces Analysis
    Porter's 5 Forces Analysis

Why buy this report on the Horse Farming industry?

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This report on Horse Farming in Australia:

  • Provides Market Size information to assist with planning and strategic decisions.
  • Includes the necessary information to perform SWOT, PEST and STEER analysis.
  • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
  • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.

The Horse Farming in Australia market research report includes:

  • Historical data and analysis for the key drivers of this industry
  • A five-year forecast of the market and noted trends
  • Detailed research and segmentation for the main products and markets
  • An assessment of the competitive landscape and market shares for major companies
  • And of course, much more

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