Oatly, a leading plant-based food company, is known for its oat-based milk alternatives and strong commitment to sustainability.
Established in Sweden, Oatly has grown into a global player in the plant-based milk market, capturing a significant market share within the plant-based and vegan sectors.With an estimated market share of 15% in the U.S. plant-based milk market, Oatly competes with brands like Almond Breeze, Silk, and Chobani. Oatly’s annual sales reached approximately $640 million in 2023 and is projected upwards.