Oatly No Sugars Oat Drink

Oatly is a globally recognized Swedish food company that pioneered the development of oat-based alternatives to dairy products. Founded in the early 1990s by brothers Rickard and Björn Öste at Lund University, the brand was built on researchers' discovery of a unique enzyme that can transform oats into a nutritious liquid food. Headquartered in Malmö, the company has grown from a specialized niche producer into a major international player in the dairy alternative market.

While the brand maintains deep roots in Sweden, its manufacturing footprint has expanded globally to keep up with demand, featuring production facilities in the United States, Singapore, and across Europe. Ownership of Oatly has evolved significantly; while it went public on the Nasdaq in 2021, a substantial portion of its shares is held by a joint venture between the Belgian family-controlled investment group Verlinvest and the state-owned China Resources. This international backing has supported its distribution into supermarkets and coffee shops worldwide, positioning it as a leader in the sustainable food movement.