The WBFSH State of the Industry Report 2024–2025 provides an evidence-based overview of global sport-horse breeding, markets and participation, offering valuable insight for studbooks, breeders, federations, auction organisers, riders and owners.
First presented by the WBFSH Department of Development at the 2025 General Assembly in South Africa, this biannual report brings together standardised data from across the sport-horse ecosystem. It analyses studbook returns, foal registrations, global foal-auction results and FEI participation indicators to show how breeding activity, market confidence and sporting demand interact—and how the industry has remained resilient through disruption before stabilising at healthy levels.
Welfare is embedded throughout as a core lens, reflecting the industry’s responsibility to operate transparently and sustainably. The report also highlights ongoing work under Phase 2 of the WBFSH Welfare Project, developed with Hartpury University, reinforcing the WBFSH’s commitment to evidence-led leadership.
Together, these insights position the WBFSH and its member studbooks at the forefront of a modern, accountable and welfare-focused global breeding industry.