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concerns about welfare, and increased competition for leisure and gambling dollars were other factors he
cited as playing a role.
Capps also noted that this is not the first such decline in the number of horses, and in previous instances,
there was a rebound. He presented evidence that the industry has experienced several drops in horse
numbers and spending in modern history, most notably during the Great Depression and in the mid-1980s.
More recently, Capps believes the decline was exacerbated by the horse industry being in a bubble that
peaked around 2004. Although the bubble-burst of the 2000s and going forward was far more economically
driven than its late-80s predecessor, Capps says he sees some hope in the fact that the recreational dollar
continues to grow and in the knowledge that people still find horses fascinating.
In addition, following such declines in the past, growth has often been propelled by individuals outside the
industry becoming interested and investing in it, Capps noted. He believes it will again be important to look
beyond current horse industry participants to grow the industry. What will be required is more consistent data
on potential and current horse owners, cross-disciplinary cooperation within the industry, and better
marketing efforts, Capps said.
Strategy in motion
Horse industry leaders at the forum say they have been aware of this decline in horse numbers and have started
to take action. There was wide agreement among all segments that involvement in welfare programs is vital to
attracting new participants, as is a focus on youth programs and on removing barriers that discourage
individuals from competing with their horse. All segments agreed on the need for better marketing, too.
Jim Gagliano, Jockey Club president, said that, to stem the drop in the number of racehorse starts, of racehorses
in the field, of racehorse owners, and of racing days, the Jockey Club is working to promote the best races,
make better use of social media, attract a younger demographic, and develop new racehorse owners.
Many breed registries have initiated marketing campaigns promoting the benefits of registration. Breed
registries are also taking other actions, such as the American Quarter Horse Association creating the Take Me
Riding youth initiative to introduce children to horses.
Members of the Saddlebred, Hackney, and Morgan horse industries have formed the United Breeders
Committee to work with stallion owners, trainers, and veterinarians to help reduce the cost of producing a
marketable horse. The committee has initiated the Stop the Drop campaign, which encourages reduced stud
fees, making mares available for lease, and reduced training fees.
Dr. Jeff Blea, president of the American Association of Equine Practitioners, talked about the impact of the
decline on the veterinary profession and how fewer horses mean less work for equine practitioners. Dr. Blea
mentioned the program AAEP Touch: Tools to Connect to Your Clients and Their Horses, which aims to help
veterinarians create a long-term, successful relationship with horse owners.
Following up on the need for more and better marketing, Patti Colbert of PCE Enterprises updated the forum on
Time to Ride, an initiative of the AHCs Marketing Alliance. Time to Ride has launched a national campaign
and contest called the 100 Day Horse Challenge with a goal of introducing 100,000 new people to a horse
experience between May 31 and Sept. 7.
Earlier, the initiative accomplished its goal of signing up 1,000 stables, instructors, and others in the horse
community to host events. These hosts will now compete for $100,000 in cash and prizes in three categories
based on the size of their event, by introducing new people to a horse experience. Several have already hosted
their first event.
https://www.avma.org/News/JAVMANews/Pages/140815f.aspx