Greyhound Racing Market Report 2025 (Global Edition)

Global Greyhound Racing Market Report 2025 Market Size Split by Type (Race Track, Tour), by Application (Gambling, Dog Racing Track), by Race Type (Single, Double, Win Bet), by Conclusion

Greyhound Racing Market Report Description

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Greyhound Racing Market Insights Video

Competitive Landscape of the Greyhound Racing Market

The competitive landscape of the greyhound racing market is characterized by a range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized greyhound racing companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

In July 2024, the New South Wales (NSW) government initiated an independent inquiry into Greyhound Racing NSW (GRNSW) following allegations of animal welfare concerns. The inquiry, led by the Greyhound Welfare Integrity Commission (GWIC), aims to investigate complaints related to track safety, animal welfare, and GRNSW's operations.
(Source - https://www.gwic.nsw.gov.au/integrity/inquiry-into-greyhound-racing-nsw )

In December 2024, the New Zealand government announced plans to ban greyhound racing by August 1, 2026, due to high injury and death rates among racing dogs. The decision follows multiple reviews and aims to protect animal welfare. Legislation will be introduced to prevent the unnecessary killing of racing dogs, and an advisory committee has been appointed to manage the rehoming of approximately 2,900 racing dogs. 
(Source - https://www.parliament.nz/en/pb/hansard-debates/rhr/combined/HansDeb_20241210_20241210_40 )

Top Companies Market Share in Greyhound Racing Industry: (In no particular order of Rank)

• The Rank Group
• 22Bet
• Bet365
• Unibet
• Betfair
• OffTrackBetting
• BlueBet
• Pensacola Greyhound Track
• TVG
• Confidential Data
• Access The Paid Version
• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Greyhound Racing Market

Which Region Dominates the Greyhound Racing Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the increased digital betting and live streaming. Key players include major racing associations and betting companies. Prominent drivers in this market are known for their competitive edge and consistent performance.

Which Region is Expanding at the Fastest CAGR?

Asia Pacific stands out as the fastest-growing region in the greyhound racing market due to the region's increasing betting activities and digital engagement. Major regions include Australia and New Zealand. Prominent drivers in the region are often highlighted in local and international race events, with profiles available on platforms like greyhound racing New Zealand and the Australian greyhound racing association.

 

The current report Scope analyzes Greyhound Racing Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

North America Greyhound Racing Market Analysis

According to Cognitive Market Research, the global greyhound racing market size was estimated at USD XX Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.3% from 2024 to 2031

• According to Cognitive Market Research, the US had a major share in the greyhound racing market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period. The nation's advanced training methods.
• The Canada greyhound racing market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 13.1% during the forecast period. Canada's changes in regulatory policies drive the market.
• The Mexico greyhound racing market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD XX million in 2024.

Europe Greyhound Racing Market Analysis

According to Cognitive Market Research, the global greyhound racing market size was estimated at USD XX Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.6% from 2024 to 2031

• The United Kingdom greyhound racing market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 13.4% during the forecast period. In the UK, Greyhound Racing sales witness an upswing due to the nation's preferences towards packaging strategies.
• The France greyhound racing market is projected to witness growth at a CAGR of 11.8% during the forecast period, with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the German greyhound racing market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period. In Germany, greyhound racing surged due to the presence of major market players.
• The Italy greyhound racing market is projected to witness growth at a CAGR of 12.0% during the forecast period, with a market size of USD XX million in 2024.
• The Russia greyhound racing market is projected to witness growth at a CAGR of 11.6% during the forecast period, with a market size of USD XX million in 2024.
• The Spain greyhound racing market is projected to witness growth at a CAGR of 11.7% during the forecast period with a market size of USD XX million in 2024
• The Luxembourg greyhound racing market is projected to witness growth at a CAGR of 12.7% during the forecast period, with a market size of USD XX million in 2024.
• The Portugal greyhound racing market is projected to witness growth at a CAGR of 12.4% during the forecast period, with a market size of USD XX million in 2024.
• The Greece greyhound racing market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD XX million in 2024.
• Rest of Europe's greyhound racing market is projected to witness growth at a CAGR of 11.3% during the forecast period, with a market size of USD XX million in 2024.

Asia Pacific Greyhound Racing Market Analysis

According to Cognitive Market Research, the global greyhound racing market size was estimated at USD XX Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.1% from 2024 to 2031.

• According to Cognitive Market Research, the China greyhound racing market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 15.6% during the forecast period. Greyhound racing sales surged in China due to the adoption of various technologies.
• The Japan greyhound racing market is projected to witness growth at a CAGR of 14.6% during the forecast period, with a market size of USD XX million in 2024.
• The India greyhound racing market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 17.9% during the forecast period. India's expansion of product offerings.
• The South Korean greyhound racing market is projected to witness growth at a CAGR of 15.2% during the forecast period, with a market size of USD XX million in 2024.
• The Australian greyhound racing market is projected to witness growth at a CAGR of 15.8% during the forecast period, with a market size of USD XX million in 2024.
• The South East Asia greyhound racing market is projected to witness growth at a CAGR of 17.1% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of Asia Pacific greyhound racing market is projected to witness growth at a CAGR of 15.9% during the forecast period, with a market size of USD XX million in 2024.

South America Greyhound Racing Market Analysis

According to Cognitive Market Research, the global greyhound racing market size was estimated at USD XX Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.5% from 2024 to 2031. T

• According to Cognitive Market Research, the Brazil greyhound racing market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 14.1% during the forecast period. Greyhound racing flourished in Brazil due to the increasing adoption of greyhound racing.
• Argentina's greyhound racing market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 14.4% during the forecast period. Argentina's technological advancements augment the demand.
• Colombia greyhound racing market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD XX million in 2024.
• Peru greyhound racing market is projected to witness growth at a CAGR of 13.7% during the forecast period, with a market size of USD XX million in 2024.
• Chile greyhound racing market is projected to witness growth at a CAGR of 13.8% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America's greyhound racing market is projected to witness growth at a CAGR of 12.6% during the forecast period, with a market size of USD XX million in 2024.

Middle East Greyhound Racing Market Analysis

According to Cognitive Market Research, the global greyhound racing market size was estimated at USD XX Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.8% from 2024 to 2031

• The GCC Countries greyhound racing market is projected to witness growth at a CAGR of 14.6% during the forecast period, with a market size of USD XX million in 2024. Greyhound Racing sales flourish due to the presence of major market players.
• The Egypt greyhound racing market is projected to witness growth at a CAGR of 14.1% during the forecast period, with a market size of USD XX million in 2024.
• The South Africa greyhound racing market is projected to witness growth at a CAGR of 14.8% during the forecast period, with a market size of USD XX million in 2024. Greyhound Racing sales flourish in South Africa due to increasing interest in sports betting and entertainment.
• The Turkey greyhound racing market is projected to witness growth at a CAGR of 13.3% during the forecast period, with a market size of USD XX million in 2024.
• The Nigeria greyhound racing market is projected to witness growth at a CAGR of 12.9% during the forecast period, with a market size of USD XX million in 2024.
• The Rest of MEA greyhound racing market is projected to witness growth at a CAGR of 12.8% during the forecast period, with a market size of USD XX million in 2024.

Greyhound Racing Market Analysis

Greyhound Racing Market Product Type Segment Analysis

According to Cognitive Market Research, race track stands out as the dominant category due to rising sports betting and enhanced digital streaming. Key venues like shelbourne park and wentworth park attract significant attention. Market growth is propelled by technological advancements in broadcasting and increased global interest in the sport.

Tour emerges as the fastest-growing category in the greyhound racing market due to rising sports betting interest and enhanced digital streaming technologies. Technological advancements, regulatory support, and increasing public engagement drive the market. Tours and events like major greyhound racing competitions continue to attract global audiences, further stimulating market growth.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Greyhound Racing Industry. Request a Free Sample PDF!

Greyhound Racing Market Application Segment Analysis

According to Cognitive Market Research, the dominant category is gambling due to the rise in sports betting and advancements in digital platforms enhancing accessibility. Dog racing tracks are central to this market, offering venues for racing events and betting activities. Popular tracks include Shelbourne Park in Ireland and Wentworth Park in Australia.

The fastest-growing category in the greyhound racing market is gambling due to rising interest in sports betting and advancements in digital platforms. Gambling is a major driver, enhancing market accessibility and engagement. Live streaming and mobile apps also boost the sport's popularity.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Greyhound Racing Race Type Segment Analysis

Greyhound Racing Market Race Type Segment Analysis

According to Cognitive Market Research, the dominant category wins bets due to increased sports betting and advancements in digital streaming. Win betting remains popular, as it allows bettors to place wagers on specific greyhounds to win races.

The fastest-growing category in the greyhound racing market has doubled due to technological innovations and the rising popularity of online betting, which are doubling the market’s potential by attracting new demographics and enhancing the overall viewer experience.

• Single
• Double
• Win Bet

Author's Detail

Swasti Dharmadhikari

Research associate at Cognitive Market Research

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Swasti Dharmadhikari, an agile and achievement-focused market researcher with an innate ardor for deciphering the intricacies of the Service & Software sector. Backed by a profound insight into technology trends and consumer dynamics, she has committed herself to meticulously navigating the ever-evolving terrain of digital Services and software solutions.

Author's Conclusion