Overview of equine industry sectors
Introduction to Equine Industry Sectors
- Understand that the equine industry is a large, diverse sector of the UK's economy.
- Comprised of various areas where horses are bred, kept, trained and used in many different ways.
- Ranges from leisure and recreational riding to professional horse racing and equestrian sports.
Racing Industry
- A professional industry that includes flat racing, steeplechase, and harness racing.
- Key roles within the racing industry include jockeys, trainers, breeders, and stewards.
- The Betting industry plays a crucial role as it significantly contributes to the economy of horse racing.
Equestrian Sports Industry
- Equestrian sport covers activities like dressage, show jumping, and eventing.
- Other less mainstream equestrian sports include polo, endurance riding, and vaulting.
- Professionals involved range from riders and trainers to grooms, farriers, and veterinarians.
Leisure Riding and Recreation
- This sector includes individuals who keep horses for personal pleasure and non-competitive activities.
- Encompasses riding clubs, pony clubs, trekking centres and therapy riding centres.
- Crucial roles include riding instructors, stable assistants, yard managers, and others aimed at ensuring the health and well-being of horses in this environment.
Breeding and Stud Management
- This sector involves the production of horses for specific breeds, abilities or characteristics.
- Covering tasks like selection of breeding stock, foaling, and early training.
- Key roles in this field include stud managers, breeding technicians, foaling assistants, and pedigree analysts.
Thoroughbred Auctions
- Thoroughbred auctions are a key component of the racing industry, where horses are sold and bought for racing or breeding.
- Crucial professionals in this sector include auctioneers, bloodstock agents, and veterinarians.
- Sales companies play a critical role in organizing and managing these auctions.
Equine Welfare Organizations
- This sector includes rescue centres and sanctuaries, charities, regulation bodies, and equine-assisted therapy centres.
- Roles include welfare officers, investigators, and equine therapists.
- Importance lies in ensuring the health, safety, and well-being of equines across all sectors.