Welcome to the Maryland Horse Industry Board!
The purpose of the Maryland Horse Industry Board (MHIB), as enumerated in Article 2-708.1 of the Annotated Code of Maryland is, taken broadly, to promote equestrian activities and the use of horses for recreation through promotional activities that create awareness and visibility for the equine industry, educational and research projects to benefit the equine industry, and developmental efforts, such as job training programs, facilities planning and export marketing to stimulate the growth of the local horse economy. Moreover, the board serves in an advisory capacity to the Secretary of Agriculture regarding matters affecting the industry and as the licensing body for Maryland stables. To this end, the Board has a mission that includes regulatory, advisory, promotional, and educational roles.
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Economic Impact Study 2024 by the American Horse Council
A new economic impact study released by the American Horse Council shows that Maryland’s horse industry grew 38% between 2017 and 2022, from $2.1 billion to $2.9 billion. Equine leaders welcomed the news saying that the uptick, despite a global pandemic and other fiscal challenges, is what they have been experiencing in various industry sectors.
- Economic Impact Study 2024 by the American Horse Council - Full Maryland breakout State Report
- Economic Impact Study 2024 Infographic - PDF
- Press Release for 2024 Economic Impact Study - Link
- Economic Impact Study 2024 by the American Horse Coucil - Entire Country
The findings of the highly-anticipated 2023 Equine Economic Impact Survey have been officially released by the American Horse Council (AHC). The results shed light on the significant and robust contributions of the equine industry to the U.S. economy. The survey offers a comprehensive overview of the economic impact and trends within the equine sector and highlights how it reaches far beyond the pastures and ranch land across the country.
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