2012-08-31 08:09:01 - Horse Farming in Australia - Industry Market Research Report - a new market research report on companiesandmarkets.com
The Horse Farming industry had a tough run over the past five years. The industry was affected by downstream demand from the Horse Racing industry, recessive economic conditions and the outbreak of equine influenza. Partially offsetting these factors were increased prize money and increased quality of horses in Australia, assisted by the use of shuttle stallions, and increased competition in the market for horses by major player, Darley Australia. The outbreak of equine influenza caused widespread damage across the country´s horse farming and racing industry as movement restrictions meant that breeding was delayed or foregone.
The largest share of revenue in the industry is estimated to come from service fee revenue. Revenue from this product segment dropped considerably in the 2007-08
breeding year, due to the outbreak of equine influenza. Over all other years of the five-year period, stud service fee revenue is estimated to have grown strongly. Much of this growth came from an increase in the average fee for servicing, while the number of mares serviced increased marginally.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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