Oatly iMat oat-based cooking cream

Oatly is a world-renowned Swedish brand that pioneered the development of liquid oat-based products. Founded in the 1990s by brothers Rickard and Björn Öste, the brand was built on research from Lund University regarding lactose intolerance and sustainable food systems. The product shown, 'iMat', is a plant-based alternative to traditional cooking cream designed for culinary use.

While the brand's heart remains in Sweden, where its main production facilities are located (specifically in Landskrona), Oatly has expanded its manufacturing footprint to other regions including the United States, Singapore, and China to meet global demand and reduce environmental impact through local sourcing.

Ownership of Oatly Group AB is public, following its 2021 IPO on the Nasdaq exchange. The largest shareholders include Nativus Company Limited (a subsidiary of the state-owned China Resources) and Verlinvest (a Belgian investment firm). Despite this international investment, the company maintains its operational headquarters in Malmö, Sweden.