According to IBISWorld, a leading market research company, a “return to disposable income will boost spending on race- and recreational horses” as well as on equine products in general in 2012.
IBISWorld predicts after a negative 2.7% growth from 2006-2011, we’re poised for growth from the end of 2011 through 2016. And by some significant margins.
Profits on $1.6 billion in revenue should be around $82.2 million for more than 106,000 businesses in this sector. The recovery over this period is expected to get an initial bump in 2012, with revenue projected […]