Carrot

Carrots are used in Ocarina of Time, Majora's Mask, and Four Swords Adventures They are used to speed up your horse for a short amount of time. In Twilight Princess they are taken over by spurs.

Ocarina of Time
In Ocarina of Time, carrots appear while riding Epona as a meter at the bottom of the screen. They are used to give a burst of speed, and refill gradually over time. The carrot meter consists of five carrots. Once the meter is out, Link cannot make Epona go any faster. You must wait for the meter to replenish, which is at one carrot at a time.

Four Swords Adventures
In Four Swords Adventures carrots can be collected to increase the speed of Link's horse. Obtaining a carrot without a horse will instantly grant Link a horse. This only appears in the Lon Lon Ranch area of The Field stage.