Equine market moves BRL 30 billion a year in Brazil

Horse Meat

Meat

Brazil

Published Jul 18, 2023

Tridge summary

Brazil has the fourth largest horse population in the world, with around 5.5 million animals. The equestrian sector in Brazil generates over R$ 30 billion and employs more than three million people. The Mangalarga Marchador breed of horses is particularly popular, accounting for 31% of the Brazilian herd.

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Original content

With about 5.5 million animals, Brazil now has the fourth largest herd of horses in the world, behind only China, Mexico and the USA. Responsible for the development of the main economic cycles in the country, from Pau-Brasil, through sugar and precious metals, these animals continue to move the economy in the 21st century, whether in work, leisure or competitions. According to a study that is in progress and is coordinated by Roberto Arruda Souza Lima, an agronomist and professor of economics, administration and sociology at the Luiz Queiroz Superior School of Agriculture (ESALQ), at the University of São Paulo (USP), the sector Today, equestrian activity exceeds R$ 30 billion and employs more than three million people in Brazil. “The universe that revolves around the equine production chain and business goes far beyond the purchase and sale of animals. Several other segments are related to the creation of the breed, such as feed factories, hay, pharmaceutical industry, hardware, ...

Source: Agrolink